CoreLogic: Insured Wind and Flood Losses from Milton $17B to $28B, Property Restoration Difficult Estimates released on Wednesday from CoreLogic show that insured wind and flood losses from Hurricane Milton are expected to be... Read More
HCI Group Expects to Pay $600M to $750M in Claims from Recent Hurricanes Publicly traded HCI Group, the Tampa-based holding company for Homeowners Choice Property & Casualty, TypTap and a new condominium insurance... Read More
Progressive to Pay Policy Limits in Fatal Boat Crash That Involved Murdaugh’s Son Progressive Insurance will pay $500,000, the policy limits, to the family of a young woman killed in a 2019 boat... Read More
Milton’s 152,180 Claims So Far to Mean New Pressure on Reinsurance, Rate Hikes Property Insurance claims from Hurricane Milton had topped more than 152,180 by Monday, with some $1.9 billion in estimated insured... Read More
Google Endorses Bill to Reveal Funders Backing Lawsuits Google is endorsing a bill that would require people filing lawsuits to disclose who will be paying for – and... Read More
Louisiana Contractor Charged for Allegedly Damaging Homeowners’ Roof On an early August morning, a roofing contractor arrived at a Lafayette, Louisiana couple’s house and requested permission to inspect... Read More
Much of Milton’s Worst Damage Came From Wind, Not Water Hurricane Milton’s devastating path across Florida has left at least 10 dead, millions without power, and destroyed homes and crops,... Read More
AccuWeather Estimates Damage and Economic Loss from Milton at $160B to $180B The total damage and economic loss from Hurricane Milton will be between $160 billion and $180 billion, according to a... Read More
Hurricane Milton Leaves Millions Without Power, Snarls Flights Hurricane Milton roared ashore in Florida near Sarasota late Wednesday knocking out power to more than 3 million customers and... Read More
Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber... Read More