Headlines
After major European commercial insurers reported strong profits in 2021, insurer earnings are likely to reach a high in 2023 and deteriorate thereafter.
Lexington Insurance is pulling out of the Florida homeowners market, leaving nearly 8,000 customers looking for coverage.
The powerful earthquake that jolted Japan’s northeast coast last week is expected to cause insured property losses of between $2 billion and $4 billion.
Hard reinsurance market conditions are diminishing but are strong enough to offset surging risks from economic inflation and financial market volatility.
A tornado that killed a man near New Orleans this week left an 11.5-mile track northeast through three parishes.
More than 210 degrees Fahrenheit separates the highest and the lowest temperatures on record in the United States, the third-largest country in the world.
U.S. wildfires have become larger, more frequent and more widespread in the past two decades, and the situation will become even worse in the future.
A wildfire south of Boulder that forced nearly 20,000 people to flee was listed at 35% contained by Sunday afternoon and most evacuations had been lifted.
Washington’s forests are denser than they used to be. The Dept. of Natural Resources is now testing ways to thin them out.
