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07/26/2024 11:23 AM
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Florida Woman’s Concrete Blockade Floods Entire Neighborhood, Ignites Fierce Community Backlash
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A Florida neighborhood is experiencing severe flooding after a resident poured concrete into a crucial drainpipe on her property, prompting county intervention and ongoing disputes with the HOA.
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07/25/2024 04:18 PM
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Severe Weather Events in Nova Scotia Lead to $490 Million in Insured Losses
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The wildfires and flooding in Nova Scotia last year resulted in $490 million in insured losses, according to a recent report by the Insurance Bureau of Canada.
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07/25/2024 12:06 PM
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Premium Renewal Rates Increase Across Major Commercial Lines Except Workers’ Compensation
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The Q2 2024 Ivans Index reveals an overall increase in premium renewal rates for major commercial insurance lines, with Workers’ Compensation as the exception, showing a year-over-year decrease.
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07/25/2024 11:14 AM
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Wienermobile Rolls Over on Tri-State Tollway, No Injuries Reported
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The Oscar Mayer Wienermobile was involved in a rollover crash on the Tri-State Tollway near Oak Brook, Illinois, resulting in no injuries. The accident caused a lane closure but all involved are safe.
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07/25/2024 09:59 AM
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How Climate Technology is Shaping the Future of Insurance
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Climate change poses significant challenges for the insurance industry, but climate technology offers solutions that can help insurers predict, prevent, and mitigate weather-related risks, potentially transforming the sector.
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07/24/2024 12:30 PM
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Gallagher Re’s Mid-Year Natural Catastrophe and Climate Report Highlights 2024’s Severe Convective Storm Impact
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The first half of 2024 saw substantial global insured losses, with US severe convective storms accounting for 61% of the $61 billion total, highlighting the period as the costliest on record.
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07/23/2024 03:22 PM
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Home Insurance Crisis: Rising Costs and Climate Challenges
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Rising climate-related risks and regulatory challenges are driving up home insurance costs, making homeownership more difficult for many Americans.
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07/23/2024 11:22 AM
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Maryland Woman Indicted for Felony Insurance Fraud and Theft
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A Maryland woman faces felony insurance fraud and theft charges after allegedly submitting fraudulent claims totaling over $180,000 to USAA.
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07/23/2024 10:15 AM
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NCIGF Enhances Support for Insurers
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The National Conference of Insurance Guaranty Funds (NCIGF) is bolstering its efforts to assist state guarantee funds, focusing on operational support, education, and public policy management.
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07/23/2024 09:12 AM
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Inflation Continues to Lead Insurers’ Concerns
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Despite cooling predictions, inflation remains the primary concern for insurance executives worldwide for the third consecutive year, according to the International Insurance Society’s annual survey.
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