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Baltimore Bridge Collapse Shows Why Marine Liability Claims Demand Flexibility and Foresight

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

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

Historic Flooding Threat Intensifies Across Central US After Devastating Storms and Tornadoes

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

California Raises FAIR Plan Coverage Limits to Address Insurance Gaps in Wildfire Zones

California Raises FAIR Plan Coverage Limits to Address Insurance Gaps in Wildfire Zones

California has more than doubled commercial coverage limits under its FAIR Plan, offering relief to property owners amid insurer withdrawals and increasing wildfire threats.
March 31, 2025 Catastrophe Insurance Industry Legislation & Regulation Property California

Texas Adjuster Admits to Multi-Million Dollar Insurance Fraud Targeting Georgia Church

Texas Adjuster Admits to Multi-Million Dollar Insurance Fraud Targeting Georgia Church

A Texas public adjuster already serving time for insurance fraud in Louisiana and Texas has pleaded guilty to defrauding a Georgia church and its insurer after Hurricane Michael.
March 31, 2025 Catastrophe Fraud Legislation & Regulation Property Georgia

Weather Balloon Cuts Threaten Forecast Accuracy Amid Severe Season

Weather Balloon Cuts Threaten Forecast Accuracy Amid Severe Season

National Weather Service balloon launch reductions, blamed on Department of Government Efficiency (DOGE) staff cuts, threaten forecast accuracy during severe weather season, raising concerns for claims adjusters.
March 25, 2025 Catastrophe Insurance Industry Legislation & Regulation Risk Management Technology Colorado Maine Nebraska New York South Dakota

Gen Z’s Mortgage Risk: Climate Change & Insurance Costs

Gen Z’s Mortgage Risk: Climate Change & Insurance Costs

Rising insurance premiums and climate-related disasters are forcing Gen Z to scrutinize weather patterns before buying homes, reshaping the American Dream.
March 25, 2025 Catastrophe Insurance Industry Property Risk Management Technology Florida Texas

Millions of Homes Across the US Remain Uninsured Despite Growing Disaster Risks

Millions of Homes Across the US Remain Uninsured Despite Growing Disaster Risks

A LendingTree study reveals that over 11 million U.S. homes lack insurance coverage, with the highest rates in disaster-prone states and metros, leaving homeowners financially exposed.
March 24, 2025 Catastrophe Insurance Industry Property Risk Management

How Lithium-Ion Batteries Amplify Risk During Natural Disasters

How Lithium-Ion Batteries Amplify Risk During Natural Disasters

Lithium-ion batteries pose increasing fire and environmental risks during natural disasters, prompting insurers, governments, and consumers to rethink safety and response strategies.
March 24, 2025 Catastrophe Property Risk Management Technology California Florida

Construction Industry Faces Rising Insurance Risks Amid Data Center Boom and Labor Shortages

Construction Industry Faces Rising Insurance Risks Amid Data Center Boom and Labor Shortages

Global demand for data centers is driving construction growth, but rising costs, labor shortages, and climate risks are reshaping insurance pricing and underwriting strategies.
March 24, 2025 Catastrophe Property Risk Management Technology California

Kentucky Grants Temporary Registration for Unlicensed Adjusters After Severe Storms

Kentucky Grants Temporary Registration for Unlicensed Adjusters After Severe Storms

Following tornadoes and severe storms on March 15, Kentucky is allowing unlicensed emergency adjusters to temporarily register and operate in three affected counties.
March 20, 2025 Catastrophe Insurance Industry Legislation & Regulation Property Kentucky

Tornado Strikes Florida TV Station During Live Broadcast

Tornado Strikes Florida TV Station During Live Broadcast

A tornado touched down near Orlando, Florida, striking a TV station during a live weather broadcast. Meteorologist Brooks Garner stayed on air as the storm passed over the studio.
March 11, 2025 Catastrophe Insurance Industry Property Risk Management Florida

Maryland Wildfires Decline in 2024, Falling Below Recent Averages

Maryland Wildfires Decline in 2024, Falling Below Recent Averages

Maryland saw 165 wildfires in 2024, burning 953.4 acres. Arson was the leading cause, while the Eastern region had the most fires and acres burned. Learn more about key trends.
March 7, 2025 Catastrophe Legislation & Regulation Property Risk Management Maryland

Key Barriers to Closing the Insurance Protection Gap Identified in Industry Poll

Key Barriers to Closing the Insurance Protection Gap Identified in Industry Poll

A recent poll highlights the biggest obstacles to addressing the global insurance protection gap, with conflicting priorities, data gaps, and regulatory issues emerging as major challenges.
March 7, 2025 Catastrophe Insurance Industry Legislation & Regulation Risk Management California

Insurers Pay Nearly $7 Billion for Los Angeles County Wildfire Claims

Insurers Pay Nearly $7 Billion for Los Angeles County Wildfire Claims

Over 33,000 insurance claims have been filed following the Los Angeles County wildfires, with insurers paying $6.9 billion to date. California's insurance commissioner has issued orders to expedite claim payments and prevent policy cancellations.
March 7, 2025 Catastrophe Legislation & Regulation Property Risk Management California
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