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OPTIS Partners: ‘There is a general pullback in the pace of acquisition for more than half of the historically most-active buyers.’

The U.S. comprised 78% of global insured losses in 2024.

Plan administrators say the program will make sure claims are paid, but they're not entirely sure how yet.

With wildfires, a large portion of a carrier's insured properties are exposed to catastrophic losses all at once.

Liberty Mutual and Great American argued the claim is invalid because there is “no loss to begin with.”

The insurance carrier committed $1 million to local relief and recovery organizations.

A major challenge in a case like this is getting the class certified, says an attorney close to the case.

In the wake of California’s largest ever wildfire event, the insurer decided to change course on policy renewals.