US Coastal Insurers Launch $310M Cat Bond for Storm Coverage
US Coastal Insurance companies launch a $310M catastrophe bond, Chartwell Re, to enhance storm damage coverage and financial resilience amid climate change.
2025 Outlook: U.S. Insurance Industry Gears Up for Transformation and Growth
Explore the transformative trends shaping the U.S. insurance industry in 2025, including AI-driven solutions, demographic shifts, and challenges from climate change that push for new strategies.
Illinois Homeowners Face Soaring Insurance Premiums
Illinois homeowners are grappling with soaring insurance premiums, increasing 50% from 2021 to 2024, second only to Utah. A report highlights the role of climate change and regulatory issues.
Illinois Sees 50% Surge in Homeowners Insurance Rates
Explore how Illinois homeowners face a staggering 50% increase in insurance rates due to climate change and inadequate regulation, as revealed by a Consumer Federation of America report.