Natural Disasters and Legal Pressures Are Driving Up Homeowners Insurance Costs Nationwide
Homeowners insurance is becoming less affordable nationwide as natural disasters, legal system strain, and rising repair costs drive premiums higher, especially in disaster-prone states.
June 11, 2025
Catastrophe
Insurance Industry
Litigation
Property
Alaska
Florida
Louisiana
Maryland
Mississippi
How the Insurance Industry Is Preparing for a Fierce 2025 Hurricane Season
After a season of compounding storms and inland flooding in 2024, the insurance industry is refining its storm strategies and readiness plans for a potentially active 2025.
June 11, 2025
Catastrophe
Education & Training
Insurance Industry
Property
Cyberattack Disrupts Operations at Whole Foods Supplier United Natural Foods
United Natural Foods, a key supplier for Whole Foods, took systems offline after unauthorized network activity, causing temporary disruptions in order fulfillment and distribution.
June 10, 2025
Insurance Industry
Property
Risk Management
Technology
Rhode Island
AI Acceleration Signals Big Opportunities for Insurers as Adoption Surges
Mary Meeker's new 340-page AI report reveals explosive growth, accelerating adoption, and decreasing costs-pointing to major advantages for insurers leveraging the technology.
June 10, 2025
Fraud
Insurance Industry
Risk Management
Technology
Million-Dollar Health Claims Spike as Employers Struggle with Soaring Costs
A 29% rise in million-dollar medical claims over the past year is squeezing self-funded employers, with cancer remaining the top cost driver, Sun Life's data reveals.
June 10, 2025
Insurance Industry
Life & Health
Risk Management
Workers' Compensation
Former Prosecutor Wins $3 Million Jury Award After Retaliation Allegations in California
A California jury awarded $3 million to former prosecutor Tracy Miller, who said she was forced from her role after defending colleagues reporting sexual harassment.
June 9, 2025
Insurance Industry
Legislation & Regulation
Liability
Litigation
California
Homeowners Take Legal Action Against USAA and AAA Insurers Over Los Angeles Wildfire Coverage Disputes
Lawsuits filed in Los Angeles County accuse USAA and AAA-affiliated insurers of underinsuring homes damaged in the January 7 wildfires, leaving policyholders unable to rebuild.
June 9, 2025
Catastrophe
Insurance Industry
Litigation
Property
California
Scientists Chase Extreme Hailstorms Across the Plains to Uncover the Costliest Weather Threat
Researchers are diving into hailstorms across Texas, Oklahoma, and Kansas to better understand one of the U.S.'s costliest but most overlooked weather risks.
June 9, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Colorado
Kansas
New Mexico
Oklahoma
Texas
Colorado Advances Wildfire Insurance with Predictive Tech Models
Starting July 2026, Colorado will let insurers use advanced risk models for wildfire coverage, aiming to price policies more accurately amid rising climate threats.
June 9, 2025
Catastrophe
Legislation & Regulation
Property
Technology
California
Colorado
How Georgia Can Tackle Rising Insurance Premiums and Loss Ratios
Georgia homeowners face surging premiums after back-to-back hurricanes. Lawmakers and insurers are exploring solutions to stabilize the market and protect consumers.
June 9, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Arkansas
Florida
Georgia
Louisiana
Chinese Cyberattacks and User Mistakes Spark Growing Mobile Security Emergency
U.S. investigators warn that Chinese cyberattacks and user carelessness are turning smartphones into national security risks, exposing sensitive data and infrastructure.
June 9, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Illinois
Michigan
Lawsuit Against Nationwide Challenges Mass Pet Insurance Cancellations
Nationwide faces legal backlash after canceling 100,000 pet insurance policies, with allegations of broken promises and a growing debate over ethics and contract law.
June 9, 2025
Insurance Industry
Life & Health
Litigation
Risk Management
Severe Storms in US and Europe Trigger Massive Insured Losses
Severe storms across the US and Europe from late May to early June caused extensive hail, flood, and wind damage, with insured losses reaching into the billions.
June 9, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Illinois
Iowa
Kansas
Missouri
Texas
Philadelphia Transit Lot Fire Destroys 40 Decommissioned Buses
A fire at a SEPTA bus lot in Philadelphia destroyed 40 decommissioned vehicles but caused no injuries or disruptions to commuter service, officials said.
June 9, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Pennsylvania
Food Delivery Giants Resolve Legal Fight Over NYC Wage and Fee Laws
DoorDash, Grubhub, and Uber Eats settled lawsuits over New York City laws boosting delivery worker pay and capping restaurant fees, paving the way for legal revisions.
June 9, 2025
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
New York
