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...
Oregon Utility Regulator Rejects PacifiCorp Request to Limit Liability in Wildfire Suits June 4, 2024 Oregon utility regulators have rejected a request from PacifiCorp that sought to limit its liability in wildfire lawsuits. Under the...
Kansas Storm Claims Totaled $442 Million in 2023 June 3, 2024 Kansas storm claims totaled nearly half a billion dollars in 2023. According to numbers shared by the state’s department of...
California Supreme Court Resolves Question on Coverage for COVID Business Shutdowns May 31, 2024 The California Supreme Court has resolved a question about insurance coverage for COVID-19 business shutdowns in the issue of a...
32.7M Homes at Risk of Hurricane Damage, Report Shows May 30, 2024 By Don Jergler More than 32.7 million residential properties are at risk of moderate or severe damage sustained from hurricane-force winds from Texas...
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...
Texas Braces for Violent Weather in Wake of Recent Deadly Storms May 28, 2024 By Brian K. Sullivan Nearly 11 million people in the heart of Texas, including Austin, Fort Worth and Dallas, face an enhanced threat of...
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...
TransUnion: Auto Insurance Shopping Hit New High in Q1 2024 May 22, 2024 The number of U.S. consumers who shopped for auto insurance in rose in the first quarter, largely driven by consumers...
Central U.S. States Brace for Possible Severe Storms: Weather Watch May 21, 2024 By Brian K. Sullivan There is a moderate risk — the second highest — of severe thunderstorms across parts of Iowa, Illinois, Wisconsin and...