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Federal investigators have zeroed in on flaws in the pool deck as the preliminary cause of the 2021 collapse of a 12-story Florida beachfront condomi
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Lloyd’s first half underwriting result dropped by half to £1.5 billion ($2.0 billion) from £3.1 billion ($4.2 billion) in H1 2024, which was dr
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The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – an
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A former executive for a subsidiary of candymaker Mars Inc. pleaded guilty last Thursday to fraud and tax charges in connection with his theft of $28
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Australia will spend A$9 billion ($6 billion) on climate adaptation through 2030 as it braces for more frequent, severe and overlapping hazards cause
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In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes
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As natural catastrophes become more frequent and destructive, a key backstop intended to help cover losses has gotten harder to access. The reinsuran
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A global ship management and maritime services company was ordered to pay $2 million for improperly discharging oily waste into the Gulf of Mexico, t
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