Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …
Insurance Journal’s Risky Future series is hosting the “AI Tools for Better Billing & Payments for Insurance” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance carriers, retail agencies, MGAs, as well as finance and operations …
NEW YORK/MONTREAL — An Air Canada Express jet collided with a fire truck while landing at New York’s LaGuardia airport late on Sunday, killing both pilots, injuring dozens and closing the facility, authorities said, in an incident likely to heighten …
Starr, the New York City-based global investment and insurance organization, announced it has completed the acquisition of IQUW Group, which creates a more diversified specialty re/insurance platform with enhanced capabilities across the London market, Bermuda and UK retail motor. Financial …
Nearly 9.5 million people across the U.S. Southwest face extreme high temperatures, as an ongoing heat wave continues to topple records and raise the risk of wildfires as far away as the Great Plains. Las Vegas reached 96F (36C) Saturday, …
A lawsuit filed Friday blames the owners and others associated with a resort in Costa Rica for the carbon dioxide-related death of former New York Yankees outfielder Brett M. Gardner’s teenage son last year. Gardner and other relatives filed a …
More than 350 people were hastily evacuated from an Orlando apartment complex last week after fire officials found cracks throughout the building along with doors that wouldn’t open. Local news outlets reported that a panicky resident called 911 Thursday morning …
Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally be unmasked as Satoshi Nakamoto—the elusive, pseudonymous creator of bitcoin—actually …
A south Florida FedEx driver, now a quadriplegic after a vehicle crash in 2019, may need constant care and may benefit from a trip to see family members in New York. But the employer and the workers’ compensation insurer should …
On a trip to Dubai two years ago to review luxury hotels, I found myself at a beach-club brunch surrounded by people with British accents. Groups were debating the merits of different corners of the Clapham neighborhood. If not for …