Catastrophe & Restoration

The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.

Officials report at least half of the buildings in one Indiana town were damaged by a tornado in last week's storms.

Generative AI guides insurers through extreme weather events while maximizing policyholders' customer experience.

February was the wettest month Los Angeles has experienced in 26 years, the National Weather Service reports.

The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.

The racketeering and extortion charges each carry a maximum sentence of 20 years.