Extensive Tornado Damage Reported in Nebraska, Iowa, and Oklahoma
Recent tornadoes in Nebraska, Iowa, and Oklahoma have caused significant damage, impacting over 7,000 properties and leading to extensive recovery efforts.
May 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Iowa
Nebraska
Oklahoma
Aon Report Details a Notable Decline in Q1 2024 Catastrophic Losses Compared to Previous Year
According to Aon’s latest catastrophe report, the first quarter of 2024 saw lower economic and insured losses compared to last year.
May 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Oklahoma
Texas
Tornado Outbreak Stretches Across Central U.S., Driven by Unusual Weather Patterns
A series of tornadoes, influenced by El Niño’s decay, wreaked havoc across the central United States from Oklahoma to Nebraska, highlighting changing patterns in tornado occurrences.
April 29, 2024
Catastrophe
Risk Management
Technology
Iowa
Nebraska
Oklahoma
Roofing Professionals Discuss Challenges and Solutions for Longer-Lasting Roofs
Roofing experts explore why long-lasting roof systems are rare and discuss various materials that could extend roof longevity.
April 25, 2024
Catastrophe
Insurance Industry
Property
Technology
Florida
Texas
Daylight Saving Time Influences on Fatal Road Crashes Vary by Light Conditions and Road User Type
A recent study highlights how daylight saving time adjustments influence fatal crashes differently for drivers versus pedestrians and bicyclists.
April 25, 2024
Auto
Catastrophe
Risk Management
Technology
Study Reveals Growing Hazard from Tropical Cyclone-Induced Ocean Waves
Research shows a significant increase in ocean waves caused by tropical cyclones, raising concerns over potential future hazards.
April 25, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
WFP’s 2023 Annual Report on Climate Risk Insurance Highlights Expansive Global Impact
In 2023, the World Food Programme (WFP) provided climate risk insurance to over 5 million people, surpassing its 2025 goals and reinforcing resilience against extreme weather events.
April 23, 2024
Catastrophe
Insurance Industry
Risk Management
2024 Shows Economic Resilience Amid Lower Catastrophe Costs, Predicts Gallagher Re
The Gallagher Re report highlights Q1 2024’s below-average economic losses from natural catastrophes, totaling $43B globally, 17% below the previous decade’s Q1 average.
April 19, 2024
Auto
Catastrophe
Property
Technology
Oklahoma
Texas
Global Economy Set to Lose 19% of Income by 2050 Due to Climate Change
A new study projects that the world economy faces a permanent 19% income reduction by 2050, with global damages estimated at $38 trillion annually, despite future emission cuts.
April 18, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
Allstate Reports Sharp Decline in Catastrophe Losses for First Quarter of 2024
Allstate estimates Q1 2024 catastrophe losses at $731 million, a substantial decrease from $1.69 billion in the same period last year.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Property
Record Vehicle Thefts in 2023: A Nationwide Analysis
A record 1,020,729 vehicles were stolen across the U.S. in 2023, with California and the District of Columbia leading in numbers and rates, respectively.
April 18, 2024
Auto
Catastrophe
Insurance Industry
Colorado
Delaware
Florida
Georgia
Illinois
World Property and Casualty Insurance Report 2024 Highlights Underwriting Challenges and Innovations
Exploring key findings from the World Property and Casualty Insurance Report 2024, which details the evolving landscape of P&C insurance underwriting amid technological advancements.
April 17, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Soaring Home Insurance Premiums: The Hidden Cost of Climate Change
A homeowner’s discovery: rising construction costs and increasing weather-related damages drive unprecedented hikes in home insurance premiums.
April 17, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Iowa
Louisiana
North Carolina
Insurance Industry Debates the Reliability and Future of Catastrophe Modeling
As natural disasters continue to increase insurance losses, industry leaders question the current reliance on catastrophe models for risk assessment.
April 15, 2024
Catastrophe
Insurance Industry
Risk Management
Technology
Homeowners Insurance Costs Skyrocket Unnoticed by Official Inflation Figures
Homeowners insurance rates have surged by 50% since 2019, exacerbating the financial burden on homeowners, yet this rise is missing from CPI calculations.
April 15, 2024
Catastrophe
Insurance Industry
Property
Risk Management
