2+ day, 12+ hour ago   (277+ words) California is the largest insurance market in the United States, with nearly 40 million residents and an economy that would rank among the world’s top five nations. When liability trends shift here, they affect national and global carrier portfolios immediately. The…...

1+ mon, 2+ week ago   (1497+ words) Florida lawmakers knew they had a billion-dollar insurance problem. Worried about who would be left to insure Floridians, the legislature passed laws in 2023 that changed the way property insurance works there. Three years since the laws went into effect, some…...

1+ mon, 3+ week ago   (292+ words) After 20 years in homeowner claims, I’ve heard the same assumption so many times it’s practically folklore: older homes cost more to insure because repairs cost more. That’s not entirely wrong, but the real story is more specific — and more useful…...

2+ mon, 3+ week ago   (255+ words) Liberty Mutual Insurance and space intelligence firm ICEYE have partnered to launch a parametric wildfire insurance coverage that works with satellites. ICEYE said its satellites capture high-resolution imagery through smoke, at night, and in all weather conditions to generate uninterrupted…...

5+ mon, 3+ week ago   (399+ words) The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance market. “Properly constructed, US Re could improve resilience while maintaining the benefits…...

7+ mon, 3+ week ago   (567+ words) Severe convective storms have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to Aon plc. Total economic losses reached $260 billion — 23% below the 21st-century average and the lowest since 2015, said Aon’s 2026 Climate and Catastrophe Insight report....