Economic Loss in U.S. From Beryl Between $28B and $32B, Report Shows July 9, 2024 Total damage and economic loss from Hurricane Beryl in the U.S. is expected to be between $28 and $32 billion,...
Underground Climate Change: Property Insurance Coverage for an Emerging Risk July 9, 2024 By Dennis J. Artese, Ethan W. Middlebrooks and Thomas Dupont Heat emanating from basements, train tunnels, sewers and other underground systems in major metropolises in the U.S. and Europe is...
Report: Insured Losses from Beryl in Jamaica and Caymans $400M-$700M; Mexico’s Yucatan Less Than $1B July 5, 2024 Insurable losses from Hurricane Beryl across Jamaica and the Cayman Islands will be between $400 million and $700 million, while...
California Wildfire Outlook: ‘A Challenging Season for Firefighters’ July 1, 2024 By Don Jergler While the official start to California’s wildfire season is still a ways off, the best forecast of what’s ahead may...
Report: Hurricane Beryl May Generate $1B-$1.5B in Insured Losses Across Windward Islands July 1, 2024 Between $1 billion and $1.5 billion insurable losses may be seen across the Windward Islands from Hurricane Beryl, according to...
Record-Breaking Hurricane Beryl Is Getting Stronger on a Path to Grenada July 1, 2024 By Brian K. Sullivan Record-breaking Hurricane Beryl is intensifying as it churns through the Caribbean south of Grenada, where it’s forecast to unleash catastrophic...
Texas Health System Loses COVID-19 Business Interruption Suit – 5th Circuit July 1, 2024 By Ezra Amacher A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses...
Report: 1K-Plus Properties Damaged, Destroyed in New Mexico Wildfires Could Cost $370M June 27, 2024 More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according...
Floodwaters Inundate Midwest, Where Flood Insurance is Rarely in Force June 26, 2024 By Ezra Amacher Floodwaters damaged hundreds of properties this week across parts of Nebraska, Iowa, Minnesota and South Dakota as the Midwest recovers...
Hundreds of Thousands in Southeast Now in Flood Zones With New Maps June 25, 2024 By William Rabb Many more properties, including hundreds of thousands of homes across Florida and other parts of the Southeast, will be required...