Survey: Most Homeowners Believe Their Policy Covers Floods June 20, 2024 Most U.S. homeowners don’t know the policy covering their home doesn’t cover flooding, a new survey shows. Respondents in a...
Tropical Storm Alberto to Bring Flooding to Coastal South Texas June 19, 2024 Tropical storm Alberto has caused flooding and more than three feet of storm surge in parts of coastal south Texas...
Lightning Caused $1.2B in Homeowners Claims in 2023, Says Triple-I June 19, 2024 Damage to U.S. homes due to lightning resulted in $1.2 billion in homeowners insurance claims in 2023, up 30% from...
Research Shows How Underwater Fault Could Devastate West Coast with Major Quake and Tsunami June 18, 2024 New research is warning about an underwater fault that could devastate the West Coast with a major earthquake and tsunami....
Florida Flooding Emergency Worsens as More Rain Lands on Miami June 13, 2024 By Brian K. Sullivan and Michelle Ma Florida is in a state of emergency after downpours flooded Miami streets, soaked Fort Lauderdale with its rainiest June day...
Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season June 11, 2024 By Gautam Naik Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the...
Texas Storm Leaves Thousands of Homes Without Power: Weather Watch May 29, 2024 By Brian K. Sullivan More than half a million electricity consumers are still without power in Texas and over one thousand flights were canceled...
Allianz is Lead Insurer for Singapore Airlines Plane, Sources Say May 24, 2024 By Carolyn Cohn Allianz is the lead insurer for the Singapore Airlines aircraft which left one person dead and scores injured after it...
Norfolk Southern to Pay Civil Penalty, Cleanup Costs Over 2023 Ohio Derailment May 24, 2024 By David Shepardson Norfolk Southern agreed to pay a $15 million civil penalty and $57.1 million in past government cleanup costs on Thursday,...
NOAA Chimes in With Prediction of Above-Average Atlantic Hurricane Season May 24, 2024 By Chad Hemenway The National Oceanic and Atmospheric Administration is predicting an 85% chance of an above-average Atlantic hurricane season, with up to...