News

Swiss Re Report Looks at Secondary Perils In-Depth

The latest report from Swiss Re for you; Secondary perils dominated natural catastrophe headlines in 2025. The LA wildfires generated record-breaking combined insured losses of around USD 40 billion. Losses from severe convective storms (SCS) remained elevated […]

Global insurance trends

Sonic Fire Tech Raises $3.5m in Seed Funding Round

Whether you believe that climate change causes wildfires, or alleged arsonists, the risks for property insurers are the same. Fire suppression in the early stages is one solution to minimising damage, and the risk to […]

Global insurance trends

ZestyAI Teams Up With California Casualty

The latest partnership news from ZestyAI; ZestyAI, the leader in AI-driven property risk analytics, announced today a new partnership with California Casualty, a trusted auto and home insurance provider serving educators, peace officers, firefighters, and […]

Global insurance trends

Willis Working With UEA on Global Wildfire Risk

New partnership makes use of academic research; Willis, a WTW business, (NASDAQ:WTW), has announced a new collaboration with the University of East Anglia (UEA) to deepen understanding of global wildfire risk. With wildfires now rivalling the […]

Global insurance trends

ZestyAI Expands Partnership With California FAIR Plan

Latest news from the State of California;  ZestyAI, the leader in AI-powered property and climate risk analytics, today announced a four-year expansion of its partnership with the California FAIR Plan. The California FAIR Plan, the […]

Global insurance trends

Regulator Approves Rate Rise For State Farm in California

It’s not easy to get property insurance in California and recent wildfires have proven costly for insurers. The solution is to increase premiums but in California that idea meets resistance from the regulator. A rise […]

Global insurance trends

Kin Expands into California, Offering Wildfire Coverage

This has to be good news for property owners in California;  Kin, the pioneering, direct-to-consumer, digital home insurance provider, today announced it has expanded into California and now offers a home insurance option for the […]

Global insurance trends

Wildfires: Understanding Asset Values is Super Important For Insurers

The latest from ZestyAI;  A staggering $2.15 trillion worth of U.S. residential property is at high risk of wildfire damage, according to a new AI-powered analysis from ZestyAI, the leader in climate and property risk analytics. The study, […]