
Escalating Home Insurance Costs Linked to Disaster Risk: Insights from Mortgage Escrow Data
An analysis of 47 million homeowners’ insurance expenditures reveals a sharp increase in premiums from 2020 to 2023, with disaster-prone areas experiencing the most significant hikes due to rising reinsurance costs.
July 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Louisiana
Texas

Former Green Bay Packer Randall Cobb, and Family Survive House Fire in Nashville
NFL wide receiver Randall Cobb and his family narrowly escaped a fire at their Nashville home, which began in the garage and caused significant damage, but fortunately left everyone unharmed.
June 27, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Tennessee
Texas

Lightning-Related Insurance Claims Soar in 2023
The Insurance Information Institute (Triple-I) reported a 30% increase in total claims value from 2022, highlighting the financial impact of severe convective storms.
June 19, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
California
Florida
Georgia
Louisiana

South Florida Flooded by Historic Rainstorm, Struggles to Adapt to Climate Challenges
A once-in-200-years rainstorm, Invest 90L, flooded South Florida, highlighting the region’s struggle to adapt to rising sea levels and extreme weather.
June 18, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida

Tropical Storm Warning Issued for Southern Texas as First Storm of Hurricane Season Approaches
The first tropical storm warning of the season has been issued for southern Texas as a developing storm in the Gulf of Mexico threatens heavy rain, flooding, and strong winds.
June 18, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Texas

Heavy Rains Aim for Texas and Louisiana as Tropical System Brews in Gulf of Mexico
AccuWeather hurricane experts are monitoring the southwestern Gulf of Mexico for potential tropical development this week.
June 17, 2024
Catastrophe
Property
Risk Management
Florida
Louisiana
Texas

Severe Weather Triggers State of Emergency in South Florida
Governor Ron DeSantis has declared a state of emergency for multiple counties in South Florida due to severe flooding and heavy rainfall, causing significant disruption.
June 13, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
Florida

Preparing Insurance Adjusters for the 2024 Atlantic Hurricane Season
As the 2024 Atlantic hurricane season approaches, insurance adjusters are intensifying their training and preparations to ensure they can respond efficiently to catastrophic events.
June 12, 2024
Catastrophe
Education & Training
Property
Risk Management

Natural Disasters and Their Ripple Effects on Global Systems: Swiss Re’s Latest Insights
Swiss Re’s 2024 SONAR report identifies 16 emerging risks, highlighting the compounding effects of natural disasters on critical infrastructure, supply chains, and healthcare systems, stressing the need for increased resilience and investment.
June 12, 2024
Catastrophe
Life & Health
Property
Risk Management
California
Texas

Preparing for an Active 2024 Hurricane Season
The 2024 Atlantic hurricane season is expected to be highly active, with forecasts predicting an increased number of storms and hurricanes. Businesses and residents in vulnerable areas must prioritize preparedness to mitigate potential impacts.
June 11, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida

Bull Jumps Fence at Oregon Rodeo, Injuring Three
A bull escaped its enclosure at the Sisters Rodeo, injuring three people, including a Deschutes County sergeant, before being recaptured by rodeo professionals.
June 10, 2024
Catastrophe
Insurance Industry
Liability
Risk Management
Oregon

Reddit Adjusters Discuss Declining Storm Coverage Trends
Insurance professionals on Reddit discuss how carriers are reducing storm damage coverage, impacting policies and the job market for adjusters.
June 7, 2024
Catastrophe
Litigation
Property
Risk Management
California
Florida

Insights from Allianz Atlantic Hurricane Forecast
The 2024 Atlantic hurricane season, starting June 1 and ending November 30, is predicted to be particularly active. Allianz Commercial offers insights into this year’s forecast, reviewing notable 2023 storms and providing expert advice on storm preparedness.
June 6, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina

Tornado Recovery Costs Tallahassee Area Over $50M, Leaders Encourage Hurricane Season Prep
Following the devastating tornadoes, Tallahassee leaders stress the importance of hurricane readiness as recovery costs exceed $50 million.
June 5, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida

Dangers from Space Junk, Megadroughts, Toxins in Bioplastics, Risky Bridges, and Climate Change Impacts on Health
Carrier Management’s June 2024 edition of Risk Alerts brings attention to various emerging hazards, including falling space debris, prolonged megadroughts, toxins in bioplastics, vulnerable bridges, and the health impacts of climate change.
June 4, 2024
Catastrophe
Legislation & Regulation
Life & Health
Property
Risk Management



