Fitch Ratings, a provider of credit ratings, research, and risk analysis, has forecasted that global reinsurers’ profitability will remain strong in 2025, despite lower risk-adjusted
Auto and homeowners insurer State Farm has received more than 6,700 home and auto claims, as of the morning of January 14th, 2025, from damages
The severity of the ongoing California wildfires is expected to drive insurance industry losses of more than $20 billion, with some estimates even hitting or
According to analysts at Morningstar DBRS, the wildfires in the Los Angeles area have caused unprecedented property damage, with insured losses potentially surpassing $30 billion,
Specialist insurance and reinsurance broker BMS Group has noted that, while it is too early to provide a credible insured loss estimate for the Los
The U.S. Federal Emergency Management Agency (FEMA) has raised its estimate for National Flood Insurance Program (NFIP) losses from hurricane Helene to $6.75 billion, which
Allstate is supporting Southern California customers with their claims to help start their recovery from the wildfires. The Allstate Foundation has pledged two contributions totaling
Swiss Re, a global reinsurance company, forecasts a slowdown in US property and casualty (P&C) insurance premium growth, balanced by easing claims pressures as US
In the past few years, the frequency and severity of cyber attacks have increased significantly. According to our most recent Cyber Risk Index report, 82%
NORTHBROOK, Ill., Jan. 7, 2025 – The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9… The post Allstate to hold
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