Headlines
Two developments at Citizens Property Insurance Corp. show how tough the Florida market continues to be, even after recent legislative action.
The cyber liability reinsurance market remains restricted, but more capacity is expected to enter the sector, albeit slowly and cautiously.
U.S. commercial insurance prices increased by 6% overall in the first quarter, around one point lower than the aggregate increase in the fourth quarter of 2021, according to Willis Towers Watson PLC’s latest pricing survey.
In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to brace for greenwashing lawsuits on the horizon against D&O insureds and insurers themselves.
Pacific Gas & Electric this week pleaded not guilty to involuntary manslaughter and other charges it faces after its equipment sparked a wildfire.
New Mexico’s governor says the destruction caused by the largest wildfire burning in the U.S. has been devastating for thousands of residents.
Western Wildfires Force Evacuations in AZ, CA
Roughly 2,500 homes have been evacuated because of two wildfires burning on the outskirts of Flagstaff in northern Arizona, officials said.
Roughly 2,500 homes have been evacuated because of two wildfires burning on the outskirts of Flagstaff in northern Arizona, officials said.
