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The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.
Inland marine insurance professionals now use cutting-edge tech to navigate the modern risk landscape across industries.
February was the wettest month Los Angeles has experienced in 26 years, the National Weather Service reports.
The Ninth Circuit didn't rule on the merits of the claims, but rather upheld a district judge's decision.
The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.
According to Allianz, businesses are most likely to develop alternative suppliers when working to de-risk supply chains.
In 2023, no other asset class produced a better-performing bet for hedge funds than cat bonds.
Review five trends signaling fresh beginnings in the P&C sector and brighter futures.
Philanthropic insurance news from Fathom, Empire Auto Parts and more.
Can artificial intelligence replace the insurance industry's reliance on historical data?