Why NFIP Flood Insurance Rates Still Fall Short Despite Risk Rating 2.0
Despite modest increases and Risk Rating 2.0 reforms, NFIP flood insurance rates remain significantly below break-even levels, risking billions in future taxpayer debt.
May 7, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Hurricane Forecasting Breakthroughs at Risk as NOAA Faces Budget Cuts
Despite record-setting accuracy in 2024 hurricane forecasts, funding and staff cuts at NOAA threaten future storm tracking capabilities and public safety nationwide.
May 7, 2025
Catastrophe
Legislation & Regulation
Risk Management
Technology
Colorado
Florida
Nebraska
South Dakota
Wyoming
How Global Shipping Fuels Climate Change and What We Can Do About It
As maritime shipping drives global trade, it also drives emissions and climate disruption. Solutions like slow steaming and wind propulsion may help chart a cleaner course.
May 6, 2025
Catastrophe
Marine
Risk Management
Technology
Western Pennsylvania Slammed by Derecho-Level Storms as Deaths, Power Outages Mount
Severe storms packing 95 mph winds swept through Western Pennsylvania, killing three people, toppling trees, and knocking out power for over 400,000 residents.
April 30, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Ohio
Pennsylvania
Weather Balloon Cuts Challenge Forecasting Capabilities and Emergency Readiness
NOAA staffing shortages have forced a pause in weather balloon launches at key U.S. locations, raising concerns about storm forecasting and community resilience.
April 30, 2025
Catastrophe
Insurance Industry
Risk Management
Technology
Nebraska
South Dakota
Natural Catastrophe Insurance Losses Could Hit $145 Billion in 2025 as Peak Loss Risk Grows
Global catastrophe insurance losses are projected to grow steadily, with a 1-in-10 chance of topping $300 billion in 2025, driven by climate change, urbanization, and rising exposure values.
April 29, 2025
Catastrophe
Insurance Industry
Property
Risk Management
2025 Southeast Texas Hurricane Guide Released for Upcoming Season
The National Weather Service Houston/Galveston office has published the 2025 Hurricane and Severe Weather Guide, offering Southeast Texas residents crucial preparedness tips for the season ahead.
April 28, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Texas
States in Hurricane Zones Face Bigger Disaster Costs as Federal Support Shrinks
States like Maryland are preparing for a busier hurricane season with fewer FEMA resources after nationwide cuts to disaster mitigation funding and staffing.
April 28, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
Maryland
New Jersey Wildfire Grows to 8,500 Acres as Evacuations and Power Outages Mount
The Jones Road Wildfire near Toms River has burned 8,500 acres with less than 10% containment, prompting evacuations and threatening over 1,000 structures in Ocean County, New Jersey.
April 23, 2025
Catastrophe
Insurance Industry
Property
Risk Management
New Jersey
Neutral Pacific Waters Signal Potential Spike in Atlantic Hurricanes
With La Niña officially over and El Niño unlikely, the Atlantic may face an active hurricane season as neutral Pacific conditions remove key storm barriers.
April 21, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Florida
Louisiana
Mississippi
Texas
Homeowners Crowdsource Toxic Smoke Data After Eaton Fire Insurance Disputes
After insurers refused to pay for contamination testing, Eaton Fire survivors shared private test results online, exposing widespread toxic exposure and coverage gaps.
April 18, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
California
How Agentic AI is Transforming Property Claims and Empowering Adjusters with Digital Coworkers
Agentic AI agents are reshaping property claims handling by helping adjusters automate routine tasks, reduce cycle times, and focus on customer-centric problem-solving.
April 15, 2025
Catastrophe
Insurance Industry
Property
Technology
How Rising Climate Risks Are Reshaping Insurance for Renewable Energy Projects Worldwide
As natural catastrophe and extreme weather losses escalate globally, insurers, developers, and financiers must rethink risk management to keep renewable energy projects insurable and bankable.
April 15, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Buffalo Trace Distillery Begins Recovery Efforts After Kentucky River Flooding
Buffalo Trace Distillery in Kentucky is cleaning up and inspecting barrels after severe flooding, with plans to resume bottling and reopen its visitor center soon.
April 15, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Kentucky
Why Climate Resilience Requires Both Parametric and Traditional Insurance Solutions
As billion-dollar weather disasters escalate, combining parametric and traditional insurance offers a faster, more adaptive recovery solution for policyholders across the U.S.
April 15, 2025
Catastrophe
Insurance Industry
Property
Technology
California
Florida
Louisiana
Mississippi
