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2025-01-09


Analysts estimate economic losses at more than $50bn as the fires burn through some of the most expensive property in the US.

AIG
DHI

2025-01-08


(Bloomberg) -- The wildfires raging out of control around Los Angeles will likely cause between $52 billion to $57 billion in damages and economic loss, according to a preliminary estimate by AccuWeather Inc.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runawa

AIG
XLB

2024-12-12


Dennis Iliffe's insurers say the winds that damaged his home were 2mph too slow for them to pay out.

2024-11-13


Insurers that paid claims say a deal unfairly keeps them from recouping their own losses.

2024-10-26


Here’s what could happen if you don’t tell your insurer about any teenage drivers in your family — or try to get a separate policy for them altogether.

CNC
AIG

2024-10-12


After Helene and Milton, some small Florida companies risk bankruptcy. Larger ones will be in the hot seat with lawmakers and consumer groups.

2024-10-10


Hurricane Milton wreaked massive amounts of damage with its high winds and flooding as the storm roared through the central region of Florida overnight.

AIG
VMC

2024-10-08


Hurricane Milton is barrelling toward Florida as residents and the state's already-battered insurance market prepare for what is expected to be a major property event.