A rating agency stresses the need to maintain a functioning property insurance market.

Four severe weather events in July and August made 2024 the costliest year ever in terms of insured damage.

Competitive pressures in certain segments are expected to limit premium increases in the property and casualty insurance…

Comments due by February 10, 2025.

Non-peak perils – floods, wildfires and thunderstorms – fuel rising loss trends.

Several studies confirm that the recurrence of extreme events will increase as the climate warms.

A recent update from the C.D. Howe Institute confirms that trends observed in earlier studies continued into 2022.