Aon: Severe Convective Storms Become Costliest Insured Peril of 21st Century
Severe convective storms have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to Aon plc.
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01, 2026
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01, 2026
Chicago Tow Truck Driver Charged Over Vehicle Thefts
Illinois Attorney General Kwame Raoul last week announced that his office charged a Chicago man over his role in the thefts of multiple vehicles while he was working for the city of Chicago in the Department of Streets and Sanitation …
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01, 2026
Pace of Insurance M&A Lagged in 2025 With No ‘Mad Dash’: OPTIS
Insurance agency mergers & acquisitions were down 12% in 2025, compared with 2024. According to investment banking and financial consulting firm OPTIS Partners, there were 695 insurance agency deals in 2025. There were 787 deals in 2024. Despite an uptick …
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01, 2026
Forecasters Warn of ‘Potentially Catastrophic’ Storm Across the South
With many Americans still recovering from multiple blasts of snow and unrelenting freezing temperatures in the nation’s northern tier, a new storm is set to emerge this weekend that could coat roads, trees and power lines with devastating ice across …
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01, 2026
Falls Were Most Common Safety Violation in Washington for 20th Straight Year
Falls from heights were the most cited serious workplace safety violation by the Washington State Department of Labor & Industries for the 20th straight year. In the past four months, L&I issued $1.4 million in fines to five construction companies …
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01, 2026
Dairy Giants Rush to Recall Infant Formula After Contamination Scare
Three of the world’s largest dairy companies are recalling and blocking batches of infant milk formula after a contamination scare that began with Nestle widened on Wednesday to French groups Danone and Lactalis. The recalls highlight how a single compromised …
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01, 2026
What A Community Foundation Learned Spending $100M After The LA Fires
When fires broke out across Los Angeles on Jan. 7, 2025, Miguel Santana grasped the magnitude of the catastrophe befalling his hometown sooner than most — he flew over the blazes, twice. Climbing above the LA basin on his way …
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01, 2026
Bill to Extend Federal Terrorism Backstop Weighed in House Committee
Looking to ensure the longevity of a worthwhile federal program, the insurance industry has continued to lobby in favor of the TRIA Program Reauthorization Act of 2026. A federal backstop for terrorism risk was first initiated late in 2002 by …
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01, 2026
Texas Braces for Arctic Mix of Snow, Sleet, and Freezing Rain
Texans are bracing for a harsh winter storm that’s expected to plunge the entire state into subfreezing temperatures starting Friday, bringing an arctic mix of snow, sleet and freezing rain. Frigid air is blowing in from northern Canada, and according …
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01, 2026
Brown Students Return to Tighter Security After Campus Shooting
Brown University students resumed classes on Wednesday following a deadly shooting last month that shattered the typical sense of safety on the picturesque campus and spurred a review of the Ivy League institution’s security measures. A shooter attacked an exam-prep …