Headlines
Citizens, which was created as an insurer of last resort, had 1,020,202 policies as of Friday, up from 1,013,147 policies a week earlier, according to the Citizens website.
Aggregate catastrophe budgets among the top 21 global reinsurers rose almost 20% to $15.5 billion this year, but those companies diverged on strategy.
LastPass, a password manager used by more than 33 million people around the world, said a hacker recently stole source code and proprietary information.
The true cost of car insurance is reflected in the percentage of income drivers allocate for auto coverage each year and not on how much they spend on premiums.
Building owners and property managers must take steps to secure their facilities before a storm strikes.
During the last five years, 89 weather and climate disasters in the U.S. caused $788 billion in damage.
Financiers are helping to fuel a rise in U.S.-style class-action lawsuits in the UK courts, lured by the promise of big payouts.
CA state firefighters could get three raises and reduced hours all within the next year after a new tentative contract was struck.
A major pump at Jackson’s main water treatment facility was damaged and the city has been using backup pumps.
CA is facing widespread triple-digit temperatures starting in the south and spreading northward.
Calfire says the number of fires and acreage in 2022 is well below that of 2020 and 2021.
Invest 91L has a high chance of becoming a tropical depression this week.
A wildfire in remote southwest Oregon spread rapidly through a rural area and destroyed several structures after forcing evacuations.
Gov. Kate Brown's move calls for extra personnel and equipment to help battle the Rum Creek fire.
According to Jimmy Spears, head of automotive at InsurTech Tractable, “Speed is everything” in auto claims adjusting. “Nothing gets cheaper over time."
