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
Southeast Asia Scammers Stole Up to $37 Billion in 2023, UN Says Cyber crime syndicates raked in as much as $37 billion last year and are intensifying operations across Southeast Asia despite... Read More
With Back-to-Back Storms, Florida Now Facing Delays in Claims Adjusting With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on... Read More
Unlicensed Work Does Not Void Contract With Condos, Florida Appeals Court Says Being unlicensed as a contractor in Florida does not necessarily void a storm-remediation contract, a Florida appeals court said in... Read More
Hurricane Milton Could Cost Insurers $60B, Raise Reinsurance Rates, RBC Says Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance... Read More
Expert: Fraudulent Jewelry Claims a Low-Cost, High-Payout Endeavor Rising valuations and ease of transport and concealment have long made jewelry claims a target for fraudulent activity, but one... Read More
Verisk’s Insured Loss Estimates From Helene in Line with Other Modelers Another important modeler has rung in with insured loss estimates from the damages wrought by Hurricane Helene. Verisk estimates industry... Read More