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The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.
The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.
A look at Lloyd's claims handling 'then and now' illustrates the broader industry's modernization journey.
The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.
Embracing digital innovation not only enhances operational efficiency but also propels insurers toward the future.
In 2023, no other asset class produced a better-performing bet for hedge funds than cat bonds.
A buildup in housing inventory has caused home prices to fall at some of the fastest rates in the nation.
A New York-based insurer allegedly has an outsized role in providing coverage to tankers carrying Iranian oil.
AXA SA's CEO also expects more claims to develop as geopolitical crises multiply.
Explore an interactive regional-risk graphic or listen to a brief podcast as part of this deeper dive into market conditions.