Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic…
Tag: Losses
Global Insured Losses from Natural Disasters Could Top $150B in 2025: Swiss Re Report
Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which…
Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion
The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused…
Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves
The Travelers Cos. increased second quarter net income $975 million for a total of about $1.5…
Allstate Expects Another $2B Catastrophe Losses in Q2
Prior to reporting second-quarter results later this month, Allstate said today it expects slightly lower catastrophe…
Insurance Supervisors’ Group Seeks Collaboration to Cover Disaster Losses
Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called…
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events
Global insured losses during the first half of this year were at least $100 billion with…
Insured Losses From US Hurricanes Could Rise by 50% With Global Warming
Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming…
Farmers in Texas Face Severe Losses From Floods
Across a wide swath of Texas, the inundated rivers that ravaged communities also tore through farms…