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Nearly 40,000 acres were burned in the Eaton and Palisades wildfires last January, killing at least 31 people and destroying 16,000 structures.

Recent data from RSM says large companies made only 2% of cyber insurance claims but accounted for 51% of all incident costs.

Joe Toledano, head of insured solutions for Morgan Stanley's wealth division and E-Trade, tells how insurance has gone from almost an afterthought for many financial planners to something that's central to what they do.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

The chief executive officer of the Omaha, Nebraska-based conglomerate acquired 5 million shares in UnitedHealth, granting Berkshire a stake worth $1.6 billion, according to a filing Thursday.

More than six months after the LA catastrophe, officials have yet to complete regulations as wildfires burn across the state this week

Uber Technologies Inc. is suing a group of lawyers and medical providers in Los Angeles.

Private mortgage insurers must accept the FICO alternative as valid collateral before it can be widely adopted by the mortgage industry.

States warn that eliminating the BRIC program could leave rural areas vulnerable to extreme weather.

Here's why insurance-funded redemptions do not necessarily increase enterprise value and how a Supreme Court decision didn't reflect economic reality.

Lenders and other businesses active in the state also stepped up with large donations and charitable campaigns in the days following the flooding disaster.

The chance at a piece of strong returns has encouraged investment banks, hedge funds and debt investors to vie for contracts to fund the litigation, according to people involved in transactions.

"We want to wean off of FEMA, and we want to bring it down to the state level," Trump told reporters on June 10 during a briefing in the Oval Office.

Uber sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida.

The rise of autonomous vehicles will force a reconfiguration of the $400 billion U.S. auto-insurance industry, according to Goldman Sachs.

Federal agencies that provide weather data are losing funding or being reorganized, forcing carriers to find new storm data sources.

The insurance market isn't keeping pace with the connected, data fluid, and intelligent potential already inherent in the automotive sector.

As the Federal Deposit Insurance Corp.'s Deposit Insurance Fund inches toward replenishment, acting Chair Travis Hill suggested that banks should be assessed on a range of metrics rather than insured deposits alone.

Marsh McLennan moves to Amazon cloud; ZestyAI in Connecticut and West Virginia and more insurtech news.

Hub International Ltd. has raised $1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion.