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

During the fourth quarter, net written premiums increased by 13%, driven by core commercial and assumed reinsurance business. Growth in the core commercial segment was

Donahue has more than 20 years of experience in commercial property insurance broking, working with industries including mining, semiconductors, automotive manufacturing and pulp and paper.

Dubey said AI will continue to have a significant impact, but without decisive leadership, there is a risk that innovation will outpace responsibility, creating security

Article 0 Comments American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but insurance underwriting