
Safeguard Against Contractor Fraud During Disaster Recovery
During Contractor Fraud Awareness Week, the Insurance Information Institute and National Insurance Crime Bureau emphasize how homeowners can protect themselves from fraudulent contractors following disasters.
May 20, 2024
Catastrophe
Fraud
Property
Risk Management

NOAA Grants $308 Million to Colorado State University for Weather and Climate Research
NOAA renews its partnership with Colorado State University through a $308 million grant, supporting the Cooperative Institute for Research in the Atmosphere (CIRA) for advanced weather and climate research and forecasting.
May 20, 2024
Catastrophe
Education & Training
Risk Management
Technology
Colorado
Maryland
Missouri

Houston Power Outages Could Last Weeks After Deadly Hurricane-Force Winds
Power outages in Houston could last for weeks following a destructive storm with hurricane-force winds, leaving thousands without electricity amid soaring temperatures.
May 17, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Florida
Georgia
Louisiana
Mississippi

Origami Risk 2024 Report Reveals a Gap Between Perceived and Actual Preparedness in Risk Management
The latest State of Risk Report by Origami Risk highlights a concerning disparity between the confidence of risk professionals and their actual readiness to handle emerging and complex risks.
May 15, 2024
Catastrophe
Insurance Industry
Risk Management
Technology

Rising Atlantic Ocean Temperatures May Boost Hurricane Activity in 2024
With Atlantic Ocean temperatures nearing critical thresholds, the 2024 hurricane season could see increased cyclone strength and frequency.
May 15, 2024
Catastrophe
Marine
Risk Management
Technology

Supercell Storms Unleash Giant Hail in Central Texas
Supercell thunderstorms cause significant damage in Central Texas, with reports of hail as large as CDs.
May 10, 2024
Catastrophe
Insurance Industry
Risk Management
Texas

California Jury Awards $18 Million in Bad Faith Insurance Case
A jury in San Bernardino awards substantial damages to two sisters after their insurance company failed to adequately compensate them for flood damage.
May 10, 2024
Catastrophe
Insurance Industry
Litigation
Property
California

International Jewelry Thief Nabbed After High-Profile Heists in New York
After a series of audacious jewelry thefts spanning continents, Yaorong Wan’s criminal spree ends with an arrest in New York City.
May 9, 2024
Catastrophe
Fraud
Litigation
Property
California
New Jersey
New York

Progressive Reforms Alleviate Florida’s Property/Casualty Insurance Crisis
Florida’s property/casualty insurance landscape begins to stabilize following significant legislative reforms and a calm hurricane season, despite ongoing challenges.
May 9, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Florida

Majority of Astroworld Wrongful Death Lawsuits Settled, One Remains
As most Astroworld wrongful death claims reach settlements, the final pending case highlights ongoing concerns over concert safety.
May 9, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Liability
Texas

Florida’s Property/Casualty Insurance Market Shows Signs of Recovery Amid Reforms
Recent legislative reforms and a mild hurricane season have contributed to the recovery of Florida’s property/casualty insurance market, yet challenges remain for premium costs.
May 8, 2024
Catastrophe
Fraud
Legislation & Regulation
Property
Florida

Fannie Mae Clarifies Insurance Guidelines, Shifting Away from Actual Cash Value Coverage
Fannie Mae’s updated guidelines enforce replacement cost coverage, challenging the trend towards actual cash value for homeowners and condo insurance.
May 8, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Florida
Kentucky

Swiss Re Advocates for Advanced Data Utilization to Bridge the NatCat Protection Gap
As natural catastrophe losses escalate, Swiss Re emphasizes the use of data-driven insights to enhance global insurance access and climate risk management.
May 7, 2024
Catastrophe
Insurance Industry
Risk Management
Technology

Climate Change Boosts Extreme Weather, Increasing U.S. Flood Risks
Climate change intensifies extreme precipitation, escalating flood risks across the U.S. with significant increases in the Northeast and Midwest.
May 6, 2024
Catastrophe
Property
Risk Management
Alabama
Alaska
Georgia
Hawaii
Kentucky

Chubb to Pay $350 Million in Claims for Baltimore Bridge Collapse
Chubb, the insurer for Baltimore’s Francis Scott Key Bridge, is set to pay out $350 million following the bridge’s catastrophic collapse, which resulted in significant economic and human losses.
May 2, 2024
Catastrophe
Insurance Industry
Litigation
Marine
Maryland



