Fire risk is one of the oldest and most serious risks for almost all businesses, with the potential to inflict catastrophic loss of life and

UPC Insurance is expecting 27,000 to 30,000 claims from hurricane Ian, driving an estimated gross loss of $1 billion. The carrier, which has sought to

A verdict has been served against State Farm Insurance Company, ordering the insurer to pay $6.5 million to a woman who had sued the company

The industry has already made moves to address challenges driven by the conflict, including the creation of a Ukrainian grain facility to export stranded grain

“I have no choice in the matter, because Citizens is a quasi-state agency created by the legislature to provide a market of last resort for

Brit has used proprietary machine-learning algorithms in combination with high-resolution aerial imagery to accelerate the accurate identification of property damage in the wake of Hurricane

The Insurance Industry Charitable Foundation (IICF) has announced the launch of the IICF Hurricane Ian Relief Fund to support those in need in the aftermath

Anthony R. O’Donnell // October 10, 2022 (Image credit: Shutterstock.) Gradient AI, a Boston-based enterprise software provider of artificial intelligence (AI) solutions in the insurance industry,  announced

Industry behemoth State Farm remains the largest property and casualty insurer in the US, controlling almost 9% of the market and writing more than $70.3

Total private-market insured losses from Hurricane Ian could total between $53 billion and $74 billion, according to an estimate by risk modeling company RMS. The