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Insured losses from natural catastrophes have been on a slow and steady rise.

The move comes just nine months after State Farm announced plans to stop issuing new coverage in the most populous US state.

Recent Arizent research shows insurance organizations may be more familiar with artificial intelligence than other industries.

This will be the first spring outlook since 2021 where there are no communities at risk of significant flooding, according to climate forecasters.

Strong data and resilience are key to scaling the renewable energy sources needed to combat climate change.

The jury is still out on whether the California insurance regulator's plan to let insurers use catastrophe modeling for rates will make wildfire loss coverage more widely available.

In partnership with the United Nations Capital Development Fund (UNCDF), Lloyd's will run parametric insurance training workshops in Papua New Guinea and Fiji.

AI can automate large data sets, saving time, but incorrect assumptions can result in bad decisions.

The insurtech targets underwriting efficiency and accuracy through generative AI-powered tools.