Mosaic underwrites on behalf of nearly 30 insurers worldwide, led by its Lloyd’s Syndicate 1609. Along with environmental liability, Mosaic’s specialty lines include political violence,

Article 0 Comments The number of U.S. product recalls remained high in 2024 with more than 3,200 events recorded for the second consecutive year, a

Article 0 Comments A crash involving a Tesla Cybertruck in self-driving mode this week has sparked worries about the reliability of the company’s software that

Article 0 Comments Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that were quickly

Article 0 Comments Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires

Article 0 Comments The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood

Article 0 Comments Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation and reinsurance

These advancements allow insurers to process claims more quickly, making initial payments without having to send an adjuster on-site. And, looking ahead, Schifrin believes artificial

Chair Rich Gobler (Burns & Wilcox) Vice chair John Washington (Arch Insurance Group) Secretary/treasurer Sarah Nichols (Crum & Forster Insurance Brokers Inc.) Past chair Janet

Natural coastal habitats against flooding By cross-referencing NFIP claims data with its Biodiversity and Ecosystem Services (BES) Index, Swiss Re examined the risk reduction provided