Claims

A Texas-based energy company sued their insurer for breach of their insurance contract and for violation of the Texas Insurance Code.

Extreme weather, hyperinflation and social inflation are forcing carriers to make difficult adjustments.

Survey shows consumers agree that driving has become more dangerous.

Jennifer Wilson, head of cyber at Newfront, says ransomware still ranks number one among digital threats.

Most insured losses will be retained by primary insurers while economic losses may trigger parametric coverages.

Vehicle thefts have been steadily increasing since the onset of the pandemic.

At the same time the agency struggles to cover disaster relief, FEMA says it will help pay for more flood resiliency.

Already this year, the U.S. has been hit by 15 weather and climate disasters costing at least $1 billion.