Articles about Catastrophic Loss in Insurance
Think hailstorms are just a minor nuisance? Think again. A new report reveals how supercharged storms are causing record-breaking insured damages, and they're popping up in places you'd never expect.
Two homes in Jackson, Mississippi were destroyed by gas explosions, but the cause wasn't a simple leak. A new federal report reveals how shifting soil created a hidden danger—a shocking lesson every homeowner needs to hear.
A critical safety system at LaGuardia failed, leading to a tragic crash. Let's go behind the headlines to explore the complex web of insurance claims and liability that follows when the technology we rely on goes wrong.
We always think of giant hurricanes as the ultimate insurance catastrophe. But the truth is, smaller, more frequent events like hailstorms and wildfires are now causing the biggest losses. Here’s why this shift is happening and what it means for your policy.
A recent tragedy off Cape Cod is a heartbreaking reminder of the risks commercial fishers face. Let's talk about the one thing that can help families and businesses stay afloat when the worst happens: the right insurance.
A recent fire at an Ohio hog farm resulted in the tragic loss of 6,000 pigs. We break down the devastating financial impact and the critical types of insurance that can make or break a farm's survival after a disaster.
New York's biggest blizzard in a decade saw traditional forecasting models outperform AI. For insurers, this surprising outcome is a critical lesson in risk, prediction, and the limits of our newest tech.
Ever wonder how much a massive blizzard *really* costs? The latest winter storm left a staggering bill of up to $38 billion. Let's break down where that mind-boggling number comes from and what it means for insurance.
Wildfires are turning grazing lands into dust, leaving cattle ranchers in a desperate search for feed. Find out how this crisis affects an already shrinking herd and what it means for the future of beef prices.
With states of emergency declared across the Northeast due to a massive snowstorm, it's a stark reminder to check your own coverage. Let's talk about what your home and auto insurance actually cover when a blizzard hits.
A major court ruling allows hundreds of LA fire victims to sue the city's utility for billions. We'll break down what this means for insurance, subrogation, and why it matters to every policyholder.
Tragic events leave behind unimaginable grief and financial uncertainty. We'll walk through how different types of insurance provide a critical safety net for families when the worst happens.