Deadly Floods Reinforce Texas’ Challenge as Crisis Epicenter July 7, 2025 By Brian K. Sullivan, María Paula Mijares Torres, Joe Lovinger and Mary Hui Before dawn Friday morning, city manager Dalton Rice went for a jog along the Guadalupe River in Kerrville, Texas. He...
Hedge Fund Strategy Built on Catastrophes Taps Hot New Trend June 30, 2025 By Gautam Naik One of the most successful hedge fund strategies of recent years is latching on to an old idea whose popularity...
Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024 June 30, 2025 Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the...
As Hurricane Season Picks up, Key Forecasting Tool Access Set to End June 27, 2025 By Lauren Rosenthal and Brian K. Sullivan A week ago, U.S. National Hurricane Center forecasters predicted Hurricane Erick would intensify as it hit Mexico’s Pacific coastline. Now,...
Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks June 23, 2025 By William Rabb In the long conflict between insurance carriers and public claims adjusters, Florida’s Citizens Property Insurance Corp. has unexpectedly altered the...
Q1 Claims Volume Hits 5-Year Low But Severity Up on Wildfire Losses, Verisk Says June 19, 2025 By Ezra Amacher The quarter brought devastating wildfires to California, wind and hail events to Texas, and substantial increases in activity to "Tornado...
US Spending on Climate Damage Nears $1 Trillion Per Year June 18, 2025 By Eric Roston The U.S. has spent nearly $1 trillion dollars on disaster recovery and other climate-related needs over the 12 months ending,...
Researchers Chase Hail Across Great Plains in Effort to Improve Forecasting June 17, 2025 By Seth Borenstein, Brittany Peterson and Carolyn Kaster Wind roared against the SUV’s windows as its tires sloshed through water dumped onto the road by the downpour. A...
Death Toll From San Antonio Flooding Rises to 13, All Those Missing Have Been Found June 16, 2025 Update The death toll from heavy rains that inundated parts of San Antonio has risen to 13, and all those...
Why FEMA Keeps Denying Disaster Preparedness Aid to States June 11, 2025 By Zahra Hirji The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms,...