Severity Was up, But How Will Falling Claims Volume Impact The Profession? December 30, 2025 By Don Jergler The reduced volume was mostly driven by favorable weather and reduced catastrophe activity. The decline extended across cat and non-cat...
Study: 7% of Monthly Home Ownership Costs Going to Property Insurance September 25, 2025 Homeowners in some of the biggest U.S. metros are paying up to 7% of their monthly home ownership costs for...
Insured Losses in Texas Exceeded $47 Billion in 2024 September 8, 2025 Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property/casualty market report...
With Storms, Flooding and Potential FEMA Cuts, Parametric Flood Is on the Rise September 8, 2025 By William Rabb With inland flooding, storm surge losses and government cutbacks on the rise, parametric flood insurance may finally be having a...
Florida Meteorologist Predicts Where the Next Hurricane Will Hit, for a Price July 16, 2025 By William Rabb Colorado State University’s hurricane research team, perhaps the best-known and most-often quoted forecasting service, last week revised its prediction for...
Experts: Trump’s Plan to Begin ‘Phasing Out’ FEMA After Hurricane Season Burdens States June 13, 2025 By Gabriela Aoun Angueira President Donald Trump’s plan to begin “phasing out” the federal agency that responds to disasters after the 2025 hurricane season...
Why Trump’s Plan to Stop Tallying Weather Losses Matters to the Insurance Industry May 9, 2025 By Lauren Rosenthal and Brian K. Sullivan Extreme weather is an increasingly expensive problem in the U.S. Last year, fires, droughts and storms caused more than $182...
US Economic Losses From Natural Disasters Soared in 2024 January 29, 2025 By Alex Veiga Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting...
Duke Energy Files to Recover $1.1B in Hurricane Costs January 2, 2025 By Pooja Menon U.S.-based utility Duke Energy said it filed a plan with the Florida Public Service Commission (FPSC) to recover about $1.1...
Natural Disasters: Ensuring Continuity of Service December 27, 2024 By Tom Upton Over the last few years, we have seen a dramatic increase in the frequency and severity of natural disasters, notably...