One in 50 people and 1 in 35 properties from 32 coastal cities in the US could face significant flooding ...
Return of La Niña boosts chances for intense Atlantic hurricane season
An active hurricane season, marked by the return of La Niña, presents another challenge for Florida personal lines insurers already dealing with inflation and...
An active hurricane season, marked by the return of La Niña, presents another challenge for Florida personal lines insurers already dealing with inflation and...
Article / 1 month ago
US property and casualty underwriting losses narrow as key lines still struggle
US property and casualty insurers overall saw better underwriting results in 2023, but performance worsened in certain important business lines, according to an...
US property and casualty insurers overall saw better underwriting results in 2023, but performance worsened in certain important business lines, according to an...
Article / 2 months ago
Sustainability Insights: The Impact Of Rising Insurance Premiums On U.S. Housing
Climate-related events in the U.S., such as floods and fires, appear to be occurring more frequently. Because some projections indicate that such events...
Climate-related events in the U.S., such as floods and fires, appear to be occurring more frequently. Because some projections indicate that such events...
Article / 3 months ago
Baltimore bridge collapse underscores importance of insurance – Lloyd's CEO
The collapse of the Francis Scott Key Bridge in Baltimore will give the insurance industry an opportunity to demonstrate its worth, according to Lloyd's of...
The collapse of the Francis Scott Key Bridge in Baltimore will give the insurance industry an opportunity to demonstrate its worth, according to Lloyd's of...
Article / 3 months ago
Reinsurers, marine market to bear brunt of Baltimore bridge collapse
The Singapore-registered container ship Dali crashed into the Francis Scott Key Bridge in Baltimore, Md., on March 26....
The Singapore-registered container ship Dali crashed into the Francis Scott Key Bridge in Baltimore, Md., on March 26....
Article / 3 months ago
Florida property insurers post income turnaround in 2023
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Florida domestic residential property insurers' income in 2023 moved into positive territory for the first time in seven years....
Article / 4 months ago
State Farm facing worst homeowners loss ratio in 2 decades
The insurer's homeowners direct incurred loss ratio for the first three quarters of 2023 was 84%...
The insurer's homeowners direct incurred loss ratio for the first three quarters of 2023 was 84%...
Article / 7 months ago
US REIT same-store net operating income slightly improves in Q3
Publicly-traded US equity real estate investment trusts saw a slight improvement in same-store net operating income during the third quarter, posting...
Publicly-traded US equity real estate investment trusts saw a slight improvement in same-store net operating income during the third quarter, posting...
Article / 7 months ago
Claim severity surges for California's largest homeowner insurers
California's largest homeowner insurers are reporting a surge in non-catastrophe claim severity as they seek to substantially increase their rates....
California's largest homeowner insurers are reporting a surge in non-catastrophe claim severity as they seek to substantially increase their rates....
Article / 7 months ago
Texas approves 36 double-digit homeowners insurance rate hikes in Q3'23
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Texas regulators signed off on 36 double-digit rate increases in the third quarter, three of which were the most-impactful hikes in the entire US during the period....
Article / 8 months ago