Insurers Adapt to Escalating Climate-Driven Hazards: As climate change continues to accelerate, the insurance industry finds itself at a critical juncture. With rising sea levels, intensifying hurricanes, unprecedented wildfires, and extreme weather events becoming more frequent, insurers are rapidly adapting to a new era of climate-driven risks. This evolution is reshaping the way insurance companies…
Australia and New Zealand Face Home Insurance Crisis Due to Climate Change: Homeowners in Australia and New Zealand are facing a growing home insurance crisis, largely driven by the escalating impacts of climate change. From devastating floods and wildfires to intense storms, extreme weather events are becoming more frequent and severe, causing billions in damages….
Why Home Insurance Prices Are Rising: Home insurance costs in the United States are rising at a faster pace than ever before. A growing concern among homeowners and home buyers, this surge is driven largely by a single, unavoidable factor—climate risk. As climate-related natural disasters like wildfires, hurricanes, and floods become more frequent and severe,…
Wildfire Risk Complicates Home Insurance: Wildfires have become a recurring nightmare in North Central Washington (NCW), where the scenic beauty of forests and valleys is now shadowed by the growing threat of uncontrollable flames. The 2014 Carlton Complex Fire alone scorched over 200,000 acres near Pateros, serving as a grim reminder of how quickly disaster…
American Lung Association Calls for Expanded Insurance: Lung cancer remains the leading cause of cancer-related deaths in the United States, with tens of thousands of lives lost each year due to late-stage diagnoses. Recognizing the life-saving potential of early detection, the American Lung Association (ALA) has renewed its call for expanded insurance coverage for lung…
6 Potential Roadblocks to Getting Long-Term Care Insurance: As we navigate the challenges of building a career, raising children, and managing a household, it can be difficult to envision a future where we might need help with basic daily tasks. Yet, the reality is that aging comes with its own set of care requirements. According…
Role of Surveyors Report in Insurance Claim Assessment in India: In India’s insurance ecosystem, the role of a surveyor’s report is critical to ensuring a transparent and just evaluation of claims made by policyholders. Governed primarily by the Insurance Act, 1938, along with the IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015, the assessment of…
Best Investment Plans: In today’s fast-paced financial environment, individuals are increasingly seeking investment options that not only yield attractive returns but also ensure the financial safety of their loved ones. Investment plans that include term insurance benefits have emerged as one of the most preferred financial tools in 2025. These dual-purpose financial products serve two…
Rs 1 Crore Accident Insurance Free: In a landmark move aimed at ensuring the financial security and welfare of its personnel, the Central Industrial Security Force (CISF) has signed a new Memorandum of Understanding (MoU) with the State Bank of India (SBI). As per the MoU, CISF personnel – both serving and retired – will…
