AI Weather Models Bring Hyper-Local Flood Forecasting to Insurance Industry
Advances in AI-powered weather models are helping insurers create hyper-local flood forecasts, allowing faster warnings and reducing risk from extreme weather events.
April 14, 2025
Catastrophe
Property
Risk Management
Technology
Cyberattack on Morocco’s Social Security Agency Exposes Sensitive Data in Escalating Regional Conflict
Hackers breached Morocco’s social security database, leaking personal and financial data on Telegram amid rising cyber tensions between Morocco and Algeria.
April 14, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Technology
States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns
States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.
April 14, 2025
Insurance Industry
Legislation & Regulation
Litigation
Risk Management
Arizona
California
Georgia
Kansas
Massachusetts
Climate Change and Supply Chain Disruptions Are Reshaping Business Interruption Insurance
As climate risks intensify and supply chain uncertainty grows, insurers and businesses are rethinking business interruption coverage and the risks of underreporting exposures.
April 14, 2025
Catastrophe
Property
Risk Management
Businesses Rank Civil Unrest as Top Risk as Global Political Tensions Escalate
With protests surging worldwide, civil unrest, terrorism, cyber-attacks, and state-sponsored sabotage are key threats businesses face, according to an Allianz report.
April 11, 2025
Catastrophe
Insurance Industry
Property
Risk Management
California Insurance Market Struggles with Rising Risks and Regulatory Limits
Despite regulatory efforts to improve conditions, California’s insurance market continues to face challenges from increasing catastrophe risk, outdated pricing rules, and growing FAIR plan reliance.
April 11, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Where Home Insurance Still Costs Under $1,200 a Year
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
April 8, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Indiana
Louisiana
North Carolina
Ohio
California Wildfires Push Insured Losses Past $30 Billion in Costliest Disaster Yet
Insured losses from January’s Southern California wildfires are now projected to exceed $30 billion, with insurers facing wide-ranging impacts based on exposure and reinsurance strategies.
April 8, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
Baltimore Bridge Collapse Shows Why Marine Liability Claims Demand Flexibility and Foresight
One year after the Baltimore Bridge collapse, Howden highlights the marine insurance sector’s need for adaptability amid complex claims and a competitive market environment.
April 7, 2025
Catastrophe
Insurance Industry
Liability
Marine
Maryland
EU Weighs International Carbon Credits to Ease 2040 Emissions Target for Domestic Industries
The European Commission is exploring whether to count international carbon credits toward its 2040 climate goals, a shift that could ease pressure on EU-based industries.
April 7, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
Elderly New York Couple Allegedly Scammed Out of $129K in Roofing Fraud Case
A Queens contractor allegedly forged insurance documents and inflated repair costs by over 5,000% in a roofing scheme targeting a Nassau County couple, prosecutors say.
April 7, 2025
Fraud
Insurance Industry
Litigation
Property
New York
Orlando Trio Admits to $58 Million Construction Payroll Fraud Scheme
Three Orlando residents face prison time after pleading guilty to a years-long fraud scheme that evaded workers’ comp premiums and payroll taxes in the construction sector.
April 7, 2025
Fraud
Insurance Industry
Litigation
Workers' Compensation
Florida
Historic Flooding Threat Intensifies Across Central US After Devastating Storms and Tornadoes
Following deadly tornadoes and widespread storm damage, central US states now face a rare high-risk flood event that could bring once-in-a-generation impacts.
April 4, 2025
Catastrophe
Property
Arkansas
Indiana
Kentucky
Mississippi
Missouri
How Louisiana Can Unlock Social Mobility and Reclaim the American Dream
Louisiana ranks last in social mobility, but reforms in education, licensing, taxation, and regulation offer hope for progress and a renewed path to the American Dream.
April 4, 2025
Education & Training
Insurance Industry
Legislation & Regulation
Liability
Louisiana
Georgia Insurer Challenges $22 Million Jury Verdict After Truck Crash
A Georgia insurer is refusing to pay a $22 million jury award after a truck accident, spotlighting tensions between policy limits, tort reform, and bad faith allegations.
April 4, 2025
Insurance Industry
Legislation & Regulation
Liability
Litigation
Georgia
