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Move comes after roughly 17,000 Liberty Mutual customers hear they are losing fire insurance.

Verisk research indicates severe thunderstorm activity now outpaces insurer losses from hurricanes and earthquakes.

In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.

Risk management and insurance organizations must stay committed to moving forward with innovation and strong leadership.

McKinsey analysts suggest that insurers consider making alternative capital a core part of their capital-management strategy.

Nearly all holiday decorators may be unwittingly introducing more than just Christmas cheer into their homes – in the form of increased risk.

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

On December 10, 2021, a tornado struck the plant, causing the building to collapse. Nine people were killed and several others were injured.