Severe convective storms are among the most common, most damaging natural catastrophes in the United States. The result of warm, moist air rising from the earth, they manifest in various ways, depending on atmospheric conditions—from drenching thunderstorms with lightning, to tornadoes, hail, or destructive straight-line winds. Recent years have seen an increase in organized lines of thunderstorms with widespread damaging winds, known as derechos. As of late September 2023, U.S.
Cyber insurance is a policy that covers expenses and responsibilities arising from cyberattacks or computer incidents. As this coverage can help with financial and legal costs that stem from cyber incidents, maintaining it can be a savvy strategy to protect business assets and brand reputation.
Analysts believe social inflation is the combined product of socioeconomic, legislative, and litigation factors that spark more frequent, sizeable, and sometimes unnecessary claim payouts. Whatever the primary drivers, social inflation is shifting loss ratios for insurers and disrupting forecasts, rendering cost management more challenging.
As you strive to find the best rates for your homeowners and auto coverage, you might think shopping around is the way to manage affordability. However, costs are increasing for everything–groceries, gasoline, and other household expenses–and so are costs for insurers that impact your premiums. Before changing your policy or carrier, consider some factors that can affect your rates and learn how an annual insurance checkup can position you to get the coverage right for you.
Deadly floods swept through the United States at a record pace in 2025, triggering more flash flood warnings than any year to date. With flood events in 99 percent of U.S. counties over the past 20 years, more communities are vulnerable to flooding than ever before, especially as exposure spreads increasingly inland.
Purchasing a home can be an exciting event that can also come with new responsibilities and questions, especially for first-time buyers. One primary challenge is having a sound financial plan to pay repair or rebuilding costs if the house becomes damaged by peril–fire, earthquake, storm, etc.
The workers compensation insurance industry experienced its third best underwriting result in the past twenty years in 2024 with a net combined ratio of 87.8. It was the tenth year in a row of net underwriting profit following eight years of a net combined ratio over 100. In comparison, workers comp has outperformed the combined property and casualty insurance industry in net combined ratio each year since 2015.
With no U.S. landfalls for the first time in a decade, the 2025 Atlantic hurricane season still generated deadly tropical storms and above-average days of major hurricane activity, underscoring the need for community preparedness. Though the season produced fewer storms than expected, four of the five hurricanes reached Category 3 or higher. Three were Category 5 – only the second year on record that more than two Category 5 storms occurred in the Atlantic.