Blizzard Triggers Power Outages and Closures in Oregon and Washington Ski Areas
Heavy snowfall and high winds cause widespread power outages and force the closure of highways and ski resorts in Oregon and Washington.
January 11, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Oregon
Washington
Alaska Airlines Under Scrutiny for Continuing Flights Despite Warning Signals
Alaska Airlines faces critical questions about its decision to keep a Boeing 737 Max 9 flying over land, despite cabin-pressurization warnings, before a fuselage blowout.
January 10, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
California
Oregon
Tornadoes and Thunderstorms Cause Fatalities and Damage in Southeast US
A series of deadly tornadoes and severe thunderstorms wreak havoc across the Southeast, leading to four deaths and extensive property damage.
January 10, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Florida
Georgia
Maine
North Carolina
Chubb Report Highlights Climate Change Risks for Wealthy Americans and Canadians
A new report from Chubb reveals that 76% of wealthy North Americans see extreme weather due to climate change as a major threat to their properties.
January 9, 2024
Catastrophe
Education & Training
Insurance Industry
Liability
Property
2024 Atlantic Hurricane Season Predicted to Be Intensely Active
Tropical Storm Risk’s early forecast anticipates the 2024 Atlantic hurricane season to be significantly above average in activity.
January 9, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Tornadoes and High Winds Ravage the South, Causing Extensive Damage
A series of tornadoes and high winds struck the South, including Panama City, Florida, leading to significant damage and emergency rescues.
January 9, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Florida
Florida Proposes $200 Million Expansion for Home Elevation and Flood Mitigation Program
In response to escalating climate change and storm threats, Florida introduces new bills to expand its mitigation program, offering grants for home elevation and floodproofing.
January 8, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
APCIA Sets Priorities for 2024, Aiming to Tackle Key Insurance Industry Challenges
The American Property Casualty Insurance Association outlines nine key areas for 2024, including legal system reforms and catastrophe insurance challenges, aiming to enhance the property-casualty sector.
January 5, 2024
Catastrophe
Insurance Industry
Legislation & Regulation
Risk Management
$6.4 Billion Estimated Insured Losses in Japan’s Noto Peninsula Earthquake
The 2024 Noto Peninsula Earthquake in Japan caused significant insured losses, with residential properties, especially older structures, bearing the brunt of the damage.
January 5, 2024
Catastrophe
Marine
Property
Risk Management
December Nor’easter and California Rains Lead to Major Losses in the U.S.
Severe December weather, including a nor’easter and California flooding, potentially costs millions in economic and insured losses.
January 5, 2024
Catastrophe
Property
Risk Management
California
Florida
Maine
New Jersey
North Carolina
Crawford & Company Experts Forecast Key 2024 Trends in Insurance Industry
Industry leaders at Crawford & Company share their insights on the evolving landscape of insurance in 2024, emphasizing technology, climate change, workforce dynamics, and fraud.
January 4, 2024
Catastrophe
Fraud
Technology
January 1 Renewals Mark a Turnaround in Reinsurance Market Stability
The January 1 reinsurance renewal period exhibits stability and predictability, reflecting significant improvements in the property reinsurance sector.
January 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Celebrating Insurance Innovation Leaders of 2023 in the Global Awards
Celebrating the achievements of AIA, PAK Insurance Programs, and Swiss Re as they lead the way in transforming the insurance industry through innovative solutions and strategies in 2023.
January 2, 2024
Catastrophe
Life & Health
Technology
Underwriting
P&C Insurance in 2023: A Year to Forget, but a Stepping Stone to Future Success
Exploring the tumultuous journey of the P&C industry in 2023 and its potential path towards recovery and innovation in 2024, amidst global and economic uncertainties.
January 2, 2024
Auto
Catastrophe
Legislation & Regulation
Technology
Alabama
California
Florida
Louisiana
Mississippi
Navigating Unpredictable Futures: Key Predictions for Insurance in 2024 and Beyond
Exploring the evolving landscape of insurance in 2024, with a focus on technology, industry consolidation, and the impact of climate change on insurance strategies.
January 2, 2024
Auto
Catastrophe
Legislation & Regulation
Technology
