The insurance and reinsurance industries are witnessing significant turbulence as elevated tariffs and stricter immigration policies come into focus. Following devastating events like the Los Angeles wildfires, the financial repercussions are felt across the board. Insurance modelers emphasize the need to adapt to these new realities, as rebuilding costs soar in light of increased risks. Moreover, the effects of recent natural disasters showcase the urgent need for comprehensive risk management strategies. Industry stakeholders must navigate these changes effectively to thrive in a challenging environment.