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Affirmations accounted the majority of rating actions taken by AM Best in 2023.

The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.

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

Severe weather events are forcing an unprecedented shift in the insurance industry, as the instances of extreme events like, severe convective storms, hurricanes and wildfires gain in frequency and severity.

Residents are blaming antiquated infrastructure in Miami-Dade and Broward Counties, compounded by rising sea levels, king tide, and stormwater flooding.

Pulling back in tough times is not the right approach for our business or our society.

Both New York and New Jersey have adopted laws requiring the sellers of residential properties to tell buyers, and landlords to tell tenants, about known flood risks.

Bill Johnson, CEO of The Liberty Company Insurance Brokers, is a former film producer. He discusses the economic impact of concurrent strikes by writers and actors.