Coming Soon to Florida: New State-Fed Program to Elevate Homes in Flood Zones December 11, 2024 By William Rabb At the Florida Chamber of Commerce Insurance Summit last week, the state’s emergency management director announced a multi-million-dollar program that...
Moody’s: Northeast U.S. States in the Wildfire Spotlight December 10, 2024 By Firas Saleh States such as California are certainly experiencing a more ferocious wildfire season this year than a relatively quiet 2023. Combined...
Mississippi High Court Tells USAA to Pay up in Hurricane Katrina Bad-Faith Claim December 9, 2024 By William Rabb When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to...
Strong Northern California Quake Triggered Brief Tsunami Warning December 5, 2024 By Lauren Rosenthal and Mark Chediak A magnitude-7.0 earthquake off the coast of Northern California triggered a brief tsunami warning across a swath of the U.S....
Swiss Re: Hurricanes, Severe Thunderstorms and Floods Put Insured Losses Over $100B Again December 5, 2024 Insured losses from natural catastrophes are on track to exceed $135 billion in 2024, with at least two-thirds of this...
New Mexico Appeals Court Upholds Rule Aimed at Curbing Ozone Pollution December 4, 2024 The New Mexico Court of Appeals has upheld regulations aimed at cracking down on emissions in one of the nation’s...
After Tens of Billions in Insured Losses, Record-Breaking Hurricane Season Ends November 27, 2024 By Chad Hemenway The 2024 Atlantic hurricane season ends Nov. 30 after 18 named storms including the earliest Category 5 storm on record,...
Arctic Weather Disrupts Power and Transport Across Europe November 22, 2024 By Nayla Razzouk, Lars Paulsson, Leo Laikola and Eamon Akil Farhat Snow and ice are disrupting transport and straining power grids, after the first major storms of the winter season hit...
Allstate October Catastrophe Losses of $286M Include Milton, Helene November 21, 2024 Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included...
Texas Windstorm Insurance Association Board Says Losses from Hurricane Beryl Were $455M November 20, 2024 The Texas Windstorm Insurance Association Board of Directors pegs losses from Hurricane Beryl at $455 million. The TWIA board met...