InsuranceEDGE | March 3, 2022 | BuildingMetrix

Historic mega-drought conditions are exacerbating wildfires and associated property loss in the American West. Learn how to pinpoint and manage related risk in your book.

If the cyber market continues to grow at its current pace, it will exceed property or casualty in terms of annual reinsurance premium between 2032 and 2033.

Insurance rating agency AM Best said it expects the U.S. property/casualty insurance industry to record an increase in surplus in 2021 thanks to investment income and capital gains improvements despite booking an underwriting loss of $15.7 billion.

Overall customer satisfaction with homeowners insurance claims fell to a five-year low, according to a study by J.D. Power.

Brokerage giant’s commercial risk head shares his thoughts.

The U.S. Supreme Court has been asked to address whether federal drug law that criminalizes possession of marijuana invalidates state orders requiring employers to pay for medical marijuana prescriptions for employees injured on the job.

The Becker law firm and Morabito Consulting will pay an undisclosed amount.

Firefighters worked through the night monitoring the blaze.

One of the area’s largest manufacturers is gone, after a boiler explosion at Shearer’s Foods plant south of Hermiston sparked a dramatic fire.

VW has not disclosed its potential losses and it is unclear how much insurance will cover the costs for the lost vehicles.

Thanks in large part to climate change, the world’s future will be marked by a dramatic increase in wildfires, according to a new report by the United Nations Environment Program.

Federal officials said they won’t deliver any water to farmers in the state’s major agricultural region.

Authorities said the landslide evening began from the hilltop where the Bellevue home was destroyed in January. 

We’re still six months away from fire season in California, but dry conditions have crews battling flames all months of the year.

Record-breaking fatal floods declared disaster zone as rescue operation continues.

'Over the last handful of years, California and western Oregon have experienced their largest and most destructive wildfires ever recorded.'

Climate change and land-use change are projected to make wildfires more frequent and intense.