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News


insurancebusinessmag.com > nz > news > catastrophe > cultural-loss-now-has-a-methodology--insurance-doesnt-have-a-response-589016.aspx

Cultural loss now has a methodology. Insurance doesn’t have a response

6+ day, 1+ hour ago   (676+ words) New Zealand’s flood risk models have a structural gap, and two pieces of research published within 24 hours of each other in late August 2026 have made it impossible to overlook. Read together, the two reports define the same problem from different…...


insurancebusinessmag.com > au > news > catastrophe > wagga-waggas-flood-levee-didnt-lower-premiums--now-insurers-must-explain-why-589005.aspx

Wagga Wagga’s flood levee didn’t lower premiums. Now insurers must explain why

6+ day, 4+ hour ago   (529+ words) A roundtable is set to bring together the Insurance Council of Australia (ICA), federal and state politicians, local government, and regional insurers to examine insurance affordability and flood risk in Wagga Wagga – a city whose residents have watched premiums climb…...


insurancebusinessmag.com > us > news > breaking-news > california-passes-three-bills-tightening-claims-and-nonrenewal-rules-for-insurers-588437.aspx

California passes three bills tightening claims and nonrenewal rules for insurers

1+ week, 4+ day ago   (443+ words) The California legislature has passed three bills reshaping how property insurers handle claims and nonrenewals, sending them to Governor Newsom for signature. The bills, authored by state senators Sasha Renée Pérez and Ben Allen, follow sustained scrutiny of insurer conduct…...


insurancebusinessmag.com > uk > news > catastrophe > seven-in-10-uk-flood-claims-are-flash-floods--and-treating-all-the-same-is-how-insurers-misprice-it-586783.aspx

Seven in 10 UK flood claims are flash floods - and treating all the same is how insurers misprice it

3+ week, 4+ day ago   (500+ words) The Met Office issued yellow thunderstorm warnings across northern England, Northern Ireland and eastern Scotland this week, warning of flash flooding and travel disruption after nearly two months of dry weather. The timing lines up closely with new claims analysis…...


insurancebusinessmag.com > us > news > catastrophe > fair-plan-rate-hike-adds-to-california-homeowners-insurance-strain-586659.aspx

FAIR Plan rate hike adds to California homeowners insurance strain

3+ week, 5+ day ago   (401+ words) California's homeowners insurance market is absorbing a new wave of rate increases. The pressure arrives as lawmakers weigh changes to how wildfire costs are allocated between utilities, insurers, and policyholders. The California FAIR Plan's 29.1% rate increase takes effect October 15, per…...