Search Results

Factory Mutual paid Samsung $126 million of the $400 million claim, citing policy exclusions for events that occur off the insured property.

In 2021, there were a reported 236 winter weather related deaths in the U.S.

In 2023, insurers in the Asia-Pacific region will continue to combat their exposure from risk related to the ongoing war in Ukraine, GlobalData says.

Renewable energy assets are not like other commercial property assets, presenting new underwriting challenges and talent needs.

Decreased profits can stem from a lack of granular, accurate information about potential hazards and exposure to loss at each insured location.

A soon-to-be-released report shows growers of citrus, vegetable and horticultural crops took the biggest hits from the storm.

No single event accounted for a majority of the losses seen during the past year, but disasters were seen across the country.

The United States experienced 18 NAT CAT events in 2022 with losses over $1 billion each, according to the NOAA.