Q1 Claims Volume Hits 5-Year Low But Severity Up on Wildfire Losses, Verisk Says June 19, 2025 By Ezra Amacher The quarter brought devastating wildfires to California, wind and hail events to Texas, and substantial increases in activity to "Tornado...
Perelman Says Fire Faded His Works at $410 Million Art Trial June 18, 2025 By Chris Dolmetsch and Anika Arora Seth Ron Perelman told a judge that five of his paintings totaling over $400 million in value lost their luster from...
Why FEMA Keeps Denying Disaster Preparedness Aid to States June 11, 2025 By Zahra Hirji The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms,...
Wildfire Season Preview: Rest of 2025 Is High-Risk, May Follow LA Wildfires Paradigm June 10, 2025 Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for...
Chevron CEO Warned Staff of Rising Safety Issues Before Fatal Angola Platform Fire June 9, 2025 By Sheila Dang Chevron CEO Mike Wirth told employees they needed to reinforce safety standards after a growing number of injury near-misses in...
Hedge Funds Face California Rebuke Over Role in Wildfire Claims June 9, 2025 By Natasha White Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires...
Cyber Claims Report Shows Ransomware Claims Frequency Remains Steady June 6, 2025 Cyber-attacks continue to rise globally while ransomware claims frequency remains steady, a new report shows. Cowbell released its 2025 Cyber...
Chinese Hacked US Telecom a Year Before Known Wireless Breaches June 5, 2025 By Jake Bleiberg Corporate investigators found evidence that Chinese hackers broke into an American telecommunications company in the summer of 2023, indicating the...
Homeowner’s Failure to Read Doesn’t Clear Agency of Negligence Claim June 5, 2025 By William Rabb A North Carolina insurance agency cannot escape a lawsuit brought by a homeowner who was denied coverage after a hurricane...
Central US Braces for Another Round of Severe Weather June 3, 2025 Areas of the Central United States still recovering from severe storms last month face a threat of more severe weather...