U.S.
U.S. Captive Market Thrives Amid Capacity, Pricing Challenges
The U.S. captive insurance market segment continued to generate profits and surplus gains in 2021 while outperforming the commercial market, according to a new AM Best report. The Best's Special ...
Viewpoint: La. and N.Y. Appellate Courts First to Find Physical Loss From COVID-19 Shutdowns
There is a hole in the dam. Prior to June 14, every one of the 77 federal and 44 state court appellate decisions interpreting the meaning of "direct physical loss or damage" in a standard-form ...
Majority of Young Homeowners Expect Their Homes to Be Damaged by Extreme Weather in Next 30 Years
Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a new survey from Policygenius. The survey found that 72 percent of ...
Independent Agents Place Majority of U.S. P/C Insurance: Big I
The independent agency channel places 62 percent of all property/casualty insurance written in the U.S., according to the Big "I" 2022 Market Share Report. The annual Market Share Report compiles and ...
CSU Team Slightly Lowers Forecast for Still Above-Average Hurricane Season
The hurricane research team at Colorado State University has slightly lowered its outlook for the Atlantic hurricane season but is still calling for above-average action. The CSU Tropical Meteorology ...
Wildfires Disproportionately Impact Lower-Income Homeowners: Study
The 2022 wildfire season promises to be another record-breaker. Roughly 2 million acres burned last month, and major fires are currently scorching Idaho, Utah and California, threatening tens of ...
Family of California Shooting Victims Sue Gun Distributor
Family members of some of the people killed or wounded during a 2019 shooting at a California garlic festival are suing the companies that distributed the rifle used in the attack, saying they did ...
Congress Wants Answers on a ‘Significant’ Cyber Attack on Courts
Three hostile foreign actors breached the federal courts document management system via "an incredibly significant and sophisticated" cyber attack more than 18 months ago, the chairman of the House ...