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Tornadic activity in 2024 was driven in-part by hurricane-spawned twisters.
John Neal will depart Lloyd's after more than six years on the job.
ValuePenguin: Drivers in Nevada, Florida and Michigan will pay the most.
MarketScout: Composite commercial lines rate also saw a continued increase.
Beverly Hills, Hollywood Hills, Malibu and the densely-populated San Fernando Valley are facing a "particularly dangerous situation."
This week's update includes insurance industry news from FM, Clyde & Co. and more.
"I'm hoping that insurance companies take a look at... the way they handle cancellations, and make some changes."
The last three years of class action settlements totaled more than $159 billion.
Policygenius: Fifty-one percent of homeowners ages 18 to 34 had their coverage dropped in the last three years.
On average, it costs over $1,000 for an adjuster to handle a single claim.