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Bouquet Fire Explodes to 1,048 Acres, Prompting Evacuations
The Bouquet Fire in the Angeles National Forest grew from 20 to over 1,000 acres in under four hours on October 3, driven by extreme heat and wind.
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Every Natural Disasters story tagged Response.
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Euler ILS Partners Secures Moody's Catastrophe Models
Euler ILS Partners has signed a multi-year agreement with Moody's to access its catastrophe risk models and analytics.
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US Property Claims Costs Rise as Claim Counts Fall
Data from Verisk shows US property insurance claims are becoming fewer but more expensive, with catastrophe claims making up a larger share.
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EPA's Lake Guardian Completes 43rd Annual Great Lakes Survey
Scientists aboard the EPA research vessel Lake Guardian have finished a month-long summer survey of all five Great Lakes.
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ILS Market Grows as Reinsurance Softens
Moody's Ratings reports the insurance-linked securities market is expanding despite a softer reinsurance environment, driven by record catastrophe bond issuance.
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Capital Markets Now a Reinsurance Resident
Laurent Rousseau of Marsh Re states capital markets are now permanent residents in reinsurance, not visitors, as alternative capital grows.
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Insurance Workers Blame AI for Job Losses
A new report finds insurance industry employee confidence at a 10-year low, driven by fears of AI job replacement.
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Verisk Forecasts $171 Billion Annual Catastrophe Losses
Analytics firm Verisk estimates the global insurance industry must now prepare for average annual catastrophe losses of $171 billion, a $19 billion increase.
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Tech Giants Warn of AI Cyberattack Wave
Over 100 major companies, including OpenAI and Microsoft, issued a joint letter on Thursday calling for urgent defensive action against an impending wave of AI-driven hacks.
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ICE Proposes Subsidized Liability Insurance
ICE announced a plan to offer subsidized personal liability insurance to state and local police involved in immigration enforcement.
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Insurance Labor Survey: 49% of U.S. Insurers Plan to Add Staff
A new industry survey finds 78% of U.S. Insurers expect modest revenue growth, with 49% planning to increase staff.
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AM Best: ILS Growth Adds to Softening Reinsurance Rates
Rating agency AM Best reports that the build-up of traditional reinsurance capital is softening the market more than the growth of insurance-linked securities.
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Marsh Launches $10B Digital Infrastructure Insurance Exchange
Marsh has launched Stratus, an insurance exchange providing up to $10 billion in property coverage for the operational risks of large US-domiciled digital infrastructure.
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Australia's spring fire risk heightened
Australian fire authorities warn of elevated spring fire risk due to a strong El Nino, with below-average rainfall and above-average temperatures forecast.
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Verisk promotes Harry White to lead PCS
Verisk has promoted 16-year veteran Harry White to lead its Property Claim Services (PCS) unit. He was previously PCS Head of Commercial Strategy.
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AM Best: Casualty ILS needs discipline
Rating agency AM Best says the expanding casualty insurance-linked securities market must develop underwriting discipline and risk transparency.
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ILS Capital Hits $144.5bn, Now Foundational to Reinsurance
Insurance-linked securities capital has grown to $144.5 billion and is now considered foundational to the global reinsurance market.
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NOAA expands weather network with Mesonet
NOAA's National Weather Service will expand its National Mesonet Program through a new contract with KBR Wyle Services, LLC, beginning September 1.
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Marsh Launches $10 Billion Stratus Exchange for Digital Infrastructure Risks
Marsh launches $10 billion property insurance exchange for digital infrastructure risks.
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EIB Grants €4M to Fund Ethiopia Farmers’ Parametric Insurance
The European Investment Bank has granted up to €4 million to the World Food Programme to launch a parametric insurance scheme covering 210,000 smallholder farmers in Ethiopia, aiming to mitigate climate-related crop and livestock losses.
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Nest Pension’s ILS Returns Stay Strong in 2025
Nest Sammelstiftung, a Swiss pension fund, reported that its insurance-linked securities (ILS) allocation delivered convincing results in 2025. The fund achieved over 20% performance in 2024 and maintained a 3.3% share of its portfolio by June 2026.
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Insurance Journal hosts free AI Demo Day for carriers and agencies
Insurance Journal’s Risky Future series is hosting a free “AI Tools for BPO & Consulting” Demo Day on August 26 at 1pm ET for carriers, MGAs, retail agencies and operations executives.
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RenaissanceRe Reports $8.54bn in ILS Assets at H1 2026
RenaissanceRe Capital Partners reports $8.54bn in ILS assets under management at H1 2026.
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Regulator Objections Delay Insurance Rate Approvals, Says ZestyAI
ZestyAI analyzed tens of thousands of insurance rate filings and found that regulator objections can significantly delay the approval process.
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Hannover Re Expands Insurance-Linked Securities Platform
Hannover Re is building out its insurance-linked securities platform, aiming to broaden its investor base and offer more investment opportunities.
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Meta Faces Landmark Trial Over Social Media Addiction Claims
A coalition of state attorneys general is suing Meta Platforms Inc. over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users.