The Future of Flood-Fighting Is Being Charted in Hong Kong September 12, 2025 By Mary Hui Two years ago, extreme rainfall inundated Hong Kong, submerging cars and flooding malls. When another round of record rains drenched...
When Is A Home Safe After Wildfire Smoke? LA Researchers Have Some Answers September 11, 2025 By Emma Court At a church parking lot near Los Angeles, two hazmat-suit-clad workers vacuumed and wiped most of the contents of Elle...
US Property Insurance Costs Reach New High as Disasters Worsen September 8, 2025 By Alexandre Rajbhandari The cost of property insurance in the U.S. rose to an all time-high in the first half of the year,...
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...
Maryland Moves to Deny Liability Limit Sought by Ship Manager in Key Bridge Collapse September 5, 2025 By Andrew G. Simpson The manager of the cargo ship that caused the collapse of Baltimore’s Key Bridge in March 2024 should be denied...
Verisk Says Frequency Perils Helping to Boost Global Insured Losses to $152B September 3, 2025 The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up...
Commercial Property Claims in 2025: Repair Costs, Timeliness and Smarter Solutions August 29, 2025 By Ed Reis and Sarah Morris The commercial property insurance market is navigating a constantly evolving landscape in 2025, in which rising costs, labor shortages and...
Most Losses in Destructive Eaton Fire Tied to Conflagration Hazard, Report Shows August 28, 2025 By Allen Laman An analysis found that properties assessed as low or moderate wildfire hazard in the L.A. Fire may still face high...
The Ghost of Hurricane Katrina Haunts Catastrophe Modelers August 25, 2025 By Gautam Naik When Hurricane Katrina slammed into New Orleans in August 2005, causing greater insurance losses than any other natural disaster in...
While LA Burned, Rules to Protect Homes From Wildfires Were on Hold August 13, 2025 By Todd Woody As wildfires raged across Los Angeles in January, a state official parried an email from a resident living on the...