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As much as 8.12 inches of rain fell at the U.S. Military Academy at West Point, located north of New York City.

Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million of bonds.

The 2022 hurricane season illustrated that even in a mild year, a single major storm can cause industry-shaking losses.

The contractor faces five years in prison if convicted of workers' comp fraud and unlicensed contracting during a state of emergency.

The average payment for a Hurricane Ian-related claim was more than $104,000, according to FEMA.

Flooding is the most common and expensive natural disaster in the U.S., according to NOAA.

Here's an extreme hypothetical that demonstrates how risk bias can negatively impact policyholders — and a solution.

Review the events that shaped flood insurance in 2022 and where the sector is heading in the new year.