As Californians continue to recover from the devastation of the 2025 Los Angeles wildfires, a new legal battle is brewing — this time over who should foot the bill for the $1 billion in insurance claims.
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Tariffs and Market Volatility: Potential Impacts on Insurance Sector
KBRA releases research examining the impact of the ongoing tariff disputes and related trade tensions, with a focus on emerging credit challenges for the sector.
USG Announces Hire of Autumn Ledbetter in Montgomery, AL
USG Insurance Services, Inc., a prominent national wholesaler, and MGA is pleased to announce the addition of Autumn Ledbetter to their esteemed Brokerage Division.
2024 Tornado Activity Nearly Breaks U.S. Records: A Historic Year in Review
The year 2024 will be remembered as one of the most tornado-active years in U.S. history. With 1,796 confirmed tornadoes across the country, this year ranks as the second-highest for tornado activity since official records began in 1950. Only 2004 saw more, with 1,817 tornadoes.
IICF Western Division Celebrates 60 Nonprofit Grants, Topping $620,000, at Annual Horizon Award Gala
The Insurance Industry Charitable Foundation (IICF) celebrated $622,000 in IICF Community Grants awarded across the region to 67 nonprofit partners at its 10th annual IICF Western Division Horizon Award Gala in Los Angeles last week.
Small Business Optimism Slips Again in March
The National Federation of Independent Business (NFIB) Small Business Optimism Index declined for the third consecutive month in March, landing at 97.4 — just below its 51-year average of 98.
Transatlantic Underwriters Launches New Property & Casualty Insurance Division
Transatlantic Underwriters (TAU), a leader in specialty insurance for the transportation industry, announces the launch of a new Property and Casualty (P&C) division to expand service offerings while maintaining a strong commitment to transportation clients.
Insurance Gaps Force Fire Survivors to Pay for Their Own Contamination Testing
After devastating wildfires swept through the Los Angeles region — destroying more than 9,000 structures and claiming lives — many residents whose homes were spared from the flames faced a different kind of aftermath: uncertainty, frustration, and a fight for health and safety.
U.S. Homeowners Insurance Market Outlook: What Agents Need to Know Through 2030
The U.S. homeowners insurance market is entering a new era — one shaped by advanced technology, evolving consumer needs, and the increasing urgency of climate risk.
The Insurance Industry at a Crossroads: PwC’s New Report Calls for Urgent Transformation
The European insurance industry stands on the brink of a seismic shift. Once lauded for its resilience and predictability, the sector is now contending with sweeping disruption that challenges its very foundation.