Over 120 lives lost and $1.1 billion in damages from the July 4 flash floods in Central Texas, with low flood insurance uptake leaving most homeowners to face rebuilding costs alone.

Aon’s midyear catastrophe recap shows $100 billion in insured losses—second-highest ever—driven by U.S. wildfires, convective storms, and a costly earthquake in Myanmar.

With climate change intensifying storms, insured hurricane losses in the U.S. could surge 50%—testing the limits of insurers, infrastructure, and public preparedness.

A low-pressure system moving from Florida into the Gulf may strengthen into Tropical Storm Dexter later this week, bringing heavy rain and flooding risks across the region.

A new scenario analysis reveals that insured U.S. hurricane losses could rise by nearly 40 percent under a 2 degrees Celsius warmer climate, with the greatest relative impacts along the East Coast.

Hail is the leading driver of solar PV natural catastrophe claims in North America, with AXIS Capital urging better forecasting and resilient system design to reduce losses.

Record reinsurer capital and strong insurer performance are driving lower rates and broader coverage in the 2025 midyear reinsurance renewals, Aon reports.

As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.

After deadly Texas floods, the National Weather Service faces scrutiny over Trump-era staffing cuts, though experts say forecasts were timely and accurate despite leadership gaps.

Critical satellite data used for predicting rapid hurricane intensification will end June 30, potentially complicating forecasts during peak hurricane season.

Despite costly California wildfires and severe storms in Texas and the Midwest, property claim volume in Q1 2025 dropped to its lowest level in five years, Verisk reports.

Florida, Texas, and California consistently rank highest for lightning-related insurance claims due to storm frequency, surge damage, and wildfire-triggered losses.

The 2025 Atlantic hurricane season is projected to be above-average with 17 named storms, nine hurricanes and four major hurricanes, increasing landfall risks along U.S. and Caribbean coasts.

Insurers can modernize CAT modeling by integrating AI-driven data capture, cleansing, enrichment, and analysis to deliver dynamic, real-time risk assessments that enhance underwriting and portfolio decisions.

In Q1 2025, U.S. and Canadian property claims hit a five-year low even as average replacement costs surged 46 percent year-over-year, led by California wildfire losses and rising reconstruction expenses.