U.S. primary insurer Allstate has estimated catastrophe losses for February 2025 at $92 million or $73 million, after-tax.

“After 40 years and no claims, Allstate dropped me,” one homeowner said. “I’ve been in Kayenta for 27 years. And no fires, no floods, no wind damage, no claims.” This homeowner, who ...

As high winds blow through the South this weekend, thousands of acres of wildfires are raging in Texas. An outbreak of wildfires began in Texas on Friday as winds exceeded 30 miles per hour and ...

CEO Sean Harper says high-risk areas provide an opportunity for the Chicago startup, one of the city's fastest growing ...

The devastating wildfires that struck southern California in January could cost the insurance industry overall about $30 billion, according to analyst estimates. Allstate is discovering soul-less ...

The long-term solution to California's insurance issue, experts say, is for communities to build and renovate homes to be more fire-resistant.