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11/22/2024 02:30 PM
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Florida’s Insurance Market Faces Collapse Amid Controversial Ratings Agency Claims
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Florida regulators subpoena Weiss Ratings over claims the state’s insurance market is collapsing. The agency’s founder defends his warnings, citing widespread issues with unpaid claims.
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11/22/2024 08:20 AM
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Rising Climate Risks Drive 13% of US Homebuyers to Consider Moving
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Concerns about natural disasters and climate risks are influencing 13.7% of US homebuyers to relocate, with low-risk areas seeing faster home value growth for the first time since 2010.
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11/22/2024 07:18 AM
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Sea Level Rise by 2100 Could Displace Millions and Damage $1 Trillion in Property
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A one-meter rise in sea levels by 2100 may expose over 14 million people and $1 trillion worth of property to flooding, erosion, and subsidence along the Southeast Atlantic coast.
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11/20/2024 02:41 PM
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West Coast Faces Extreme Weather: Bomb Cyclone and Atmospheric River Threaten Devastation
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A historic bomb cyclone brings hurricane-force winds and mass power outages to the Pacific Northwest, while a converging atmospheric river intensifies the threat with flooding rains.
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11/20/2024 11:05 AM
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Cargo Thefts Surge During Thanksgiving Holiday, Analysis Reveals
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CargoNet reports a surge in cargo thefts during Thanksgiving, with high-risk areas and targeted goods revealing sophisticated criminal networks exploiting supply chain vulnerabilities.
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11/20/2024 10:01 AM
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Winners of the Global Innovation Awards 2024 Recognized for Industry-Shaping Contributions
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The 2024 Global Innovation Awards celebrated the innovative strides of insurers and insurtechs in Property & Casualty, Life | Health | Retirement, and Predict & Prevent categories at the Global Insurance Forum in Miami.
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11/20/2024 09:57 AM
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Overcoming Common Challenges in Insurance Claims Processing
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Automation can streamline claims management by addressing fragmentation, enhancing security, and meeting rising customer expectations while improving efficiency and satisfaction.
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11/20/2024 08:54 AM
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P&C Insurance Embraces Advanced Technology to Tackle Weather and Cyber Risks
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Property and casualty insurers are adopting AI and aerial imagery to address climate challenges, cybersecurity concerns, and improve underwriting accuracy, according to a Nearmap report.
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11/18/2024 09:30 AM
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Rising Roof Claims Challenge Insurers Amid Severe Weather and Roofing Scams
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Severe weather, inflation, and roofing scams are driving a surge in roof-related insurance claims, forcing the industry to adjust coverage and policy conditions to manage risks.
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11/18/2024 08:34 AM
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Navigating Flood Insurance Challenges After Hurricanes Helene and Milton
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Hurricanes Helene and Milton highlight significant issues in the U.S. flood insurance market, showcasing the gaps in coverage, private market growth, and lessons from Florida’s response.
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