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For nearly a decade, people in Sweetwater have faced an unsettling scene every time they come and go: thousands of discarded wind turbine blades looming on the edge of this small West Texas town—impossible to ignore and hard to forget.
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A federal appeals court has made it clear: property insurers can factor depreciation into actual cash value—so long as the policy spells it out plainly.
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Farmers Insurance has filed a lawsuit accusing a former Oklahoma agent of orchestrating a scheme to steer its policyholders to rival insurers—allegedly funneling business to an agency where his wife is employed.
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Neptune Flood has officially joined the growing lineup of insurance apps on ChatGPT, bringing its flood insurance tools directly into the AI-powered platform.
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Catastrophes, resilience, automation, digital transformation, personalized claims experiences, evolving talent strategies, and operational flexibility—these are just some of the powerful forces already shaping this still-young year. Together, they’re redefining how the claims industry works and setting the stage for changes that demand attention.
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Iran will press on with its fight and keep the Strait of Hormuz closed, using the vital waterway as leverage against the United States and Israel, the country’s new Supreme Leader, Mojtaba Khamenei, declared on Thursday.
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The share of insurers planning to keep their workforce unchanged over the next 12 months has climbed to a 15-year high, signaling a clear shift toward stability in the industry. At the same time, only 7% of companies say they expect to cut jobs in 2026—suggesting that large-scale layoffs remain unlikely for now.
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The Trump administration unveiled a $20 billion reinsurance program designed to jump-start shipping through the Strait of Hormuz, where traffic has nearly ground to a halt amid U.S. and Israeli strikes on Iran.
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Westchester Surplus Lines Insurance has reached a settlement with a Florida condominium association over a hurricane damage claim—three years after the association submitted loss estimates that insurers blasted as wildly inflated, even calling them 'outrageous.'
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As the U.S.–Iran war intensified on Thursday, more oil tankers came under attack in Gulf waters, while Iranian drones crossed into Azerbaijan—raising fears that the conflict could spill over and pull more of the region’s major oil producers into the crisis.
For nearly a decade, people in Sweetwater have faced an unsettling scene every time they come and go: thousands of discarded wind turbine blades looming on the edge of this small West Texas town—impossible to ignore and hard to forget.
