Climate Change Drives Rising Home Insurance Costs and Coverage Gaps
As climate disasters increase, insurers are hiking premiums, reducing coverage, or exiting markets—leaving homeowners, states, and federal programs to fill the gap.
May 20
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Maryland
EPA Plans to Weaken Drinking Water Limits on Emerging PFAS Chemicals
The EPA will maintain strict limits for two common ‘forever chemicals’ but plans to roll back standards for others, citing legal challenges and utility concerns.
May 19
Catastrophe
Legislation & Regulation
Property
Risk Management
New York
North Carolina
Insurers Scramble for Disaster Data After NOAA Halts Updates
With NOAA’s disaster data program discontinued after 2024, insurance companies face major challenges in modeling risk, pricing policies, and ensuring climate resilience.
May 13
Catastrophe
Insurance Industry
Property
Risk Management
California
Cybercrime Rings Are Stealing Billions in Government Aid Using Stolen American Identities
Organized cybercriminals, including foreign nation-state actors, are exploiting U.S. aid programs using stolen identities, with losses potentially nearing $1 trillion annually.
May 12
Catastrophe
Fraud
Legislation & Regulation
Technology
NOAA Ends Billion-Dollar Disaster Tracking Program Citing Budget Cuts and Staffing Issues
NOAA will stop updating its billion-dollar weather disaster database, a move that limits public access to vital cost-tracking of extreme weather events.
May 8
Catastrophe
Insurance Industry
Property
Risk Management
California
Oregon’s Wildfire Certification Falls Flat Without Insurance Discounts to Drive Participation
While Oregon launched a wildfire certification program to promote home hardening, the lack of required insurance discounts has left homeowners with little motivation to join.
May 8
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Oregon
Kansas Storm Claims Top $612 Million as Insurers Report Widespread Losses
In 2024, Kansas insurers paid over $612 million for nearly 57,000 storm-related claims, with Johnson County topping the list and Greeley County seeing the least.
May 8
Catastrophe
Insurance Industry
Property
Risk Management
Kansas
Why NFIP Flood Insurance Rates Still Fall Short Despite Risk Rating 2.0
Despite modest increases and Risk Rating 2.0 reforms, NFIP flood insurance rates remain significantly below break-even levels, risking billions in future taxpayer debt.
May 7
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Hurricane Forecasting Breakthroughs at Risk as NOAA Faces Budget Cuts
Despite record-setting accuracy in 2024 hurricane forecasts, funding and staff cuts at NOAA threaten future storm tracking capabilities and public safety nationwide.
May 7
Catastrophe
Legislation & Regulation
Risk Management
Technology
Colorado
Florida
Nebraska
South Dakota
Wyoming
How Global Shipping Fuels Climate Change and What We Can Do About It
As maritime shipping drives global trade, it also drives emissions and climate disruption. Solutions like slow steaming and wind propulsion may help chart a cleaner course.
May 6
Catastrophe
Marine
Risk Management
Technology
Western Pennsylvania Slammed by Derecho-Level Storms as Deaths, Power Outages Mount
Severe storms packing 95 mph winds swept through Western Pennsylvania, killing three people, toppling trees, and knocking out power for over 400,000 residents.
April 30
Catastrophe
Insurance Industry
Property
Risk Management
Ohio
Pennsylvania
Weather Balloon Cuts Challenge Forecasting Capabilities and Emergency Readiness
NOAA staffing shortages have forced a pause in weather balloon launches at key U.S. locations, raising concerns about storm forecasting and community resilience.
April 30
Catastrophe
Insurance Industry
Risk Management
Technology
Nebraska
South Dakota
Natural Catastrophe Insurance Losses Could Hit $145 Billion in 2025 as Peak Loss Risk Grows
Global catastrophe insurance losses are projected to grow steadily, with a 1-in-10 chance of topping $300 billion in 2025, driven by climate change, urbanization, and rising exposure values.
April 29
Catastrophe
Insurance Industry
Property
Risk Management
2025 Southeast Texas Hurricane Guide Released for Upcoming Season
The National Weather Service Houston/Galveston office has published the 2025 Hurricane and Severe Weather Guide, offering Southeast Texas residents crucial preparedness tips for the season ahead.
April 28
Catastrophe
Insurance Industry
Property
Risk Management
Texas
States in Hurricane Zones Face Bigger Disaster Costs as Federal Support Shrinks
States like Maryland are preparing for a busier hurricane season with fewer FEMA resources after nationwide cuts to disaster mitigation funding and staffing.
April 28
Catastrophe
Legislation & Regulation
Property
Risk Management
Maryland
