American homeowners have faced years of rising insurance costs, due in part to threats from climate change. But 2025 was a relatively quiet year for extreme weather disasters: wildfires and flooding ...

The PRA slapped UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group with a £10.625m fine today for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

The regulator stated UK Insurance Limited, Direct Line’s regulated underwriting entity, overstated its solvency position to the PRA and to the market as a result of ...

Quizzed on whether the offering competes with the broking sector Storah acknowledged he did not want to “brush over” the issue as he countered: “We don’t think it’s a material or even a minor sort of ...

Sharlot Kendall, left, Len Kendall, center, and their 3-year-old daughter walk around the wildfire remnants of their home on Dec. 8, 2025, in Pacific Palisades. The Kendalls complained repeatedly to ...