Underwriters, however, remain wary about the potential impact of climate-driven disasters.

The previous record of 1,862 compromises was set in 2021, the Identity Theft Resource Center reports. This year has seen more than 2,100 data-compromise events with three months to go.

An insurance company isn't required to cover a man who was severely injured after he was struck by a vehicle in the process of helping an unconscious motorist.

Insurance industry news from Renaissance Alliance, MarshBerry, Duck Creek Technologies and more.

The company's office manager is also accused of multiple felonies for her role in the scheme.

The state insurance regulator reported that the mandated homeowners insurance does not necessarily need to be acquired under a separate policy.

Cities around the world have seen record rainfall 139 times in 2023.

The court debated whether an underlying suit based on environmental harms committed by a commercial property owner could be considered an "occurrence" that triggered the duties of defense and indemnity.