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Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital positions and support from reinsurance partners...
What does the year have in store for property/casualty insurers? There have been a lot of predictions published since late last year, with most forecasters...
The state senators grilling the CEO of Pacific Gas & Electric Corp. were upset—like millions of other Californians, some spent days in the dark when the nation’s largest utility shut...
California utility PG&E Corp has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade...
The Trump administration's move to relax an Obama-era chemical safety regulation put in place after an explosion at a fertilizer plant is the latest example of the White House...
Ongoing rate increases and reductions in capacity are taking shape in most property/casualty lines—and for some, will continue into the new year, according to a recently...
It was only expected to happen a couple times a year -- and just as a last resort. That's what utility giant PG&E Corp. originally said 13 months ago when it outlined plans to stage mass blackouts...
Climate change is making stronger El Niños, which change weather worldwide and heat up an already warming planet, a new study finds...
Private U.S. property/casualty insurers produced a record surplus in the 2019 first half, driven up by carriers' income and unrealized capital gains, Verisk and the American...
A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way.
