Despite law enforcement crackdowns, ransomware activities soared in 2023, signaling ongoing challenges and the need for enhanced cybersecurity measures.
  January 31   Corvus Insurance Catastrophe Risk Management Technology

A potent atmospheric river is forecast to bring significant rainfall to California, raising concerns over landslides and flooding in already saturated regions.
  January 30   Yahoo News Catastrophe Property Risk Management California Texas

Eric B. Dick, a Houston plaintiffs’ attorney, is ordered to pay over $100,000 for filing baseless lawsuits against Standard Casualty Co., marking his second major sanction in three months for similar actions.
  January 26   Insurance Journal Catastrophe Insurance Industry Liability Litigation Texas

Amazon’s Neighbors app discontinues its Request for Assistance tool, restricting police video access, while introducing new features to foster greater community connection and sharing.
  January 26   Amazon Catastrophe Property Risk Management Technology

A new report emphasizes the urgent need for community facilities like schools and churches to be ready as shelters during severe weather events, highlighting the potential impacts on services and community trust.
  January 26   CLM Catastrophe Liability Property

The Allianz Risk Barometer 2024 emphasizes the insurance industry’s innovative responses to contemporary challenges like cyber threats and climate-related disasters, including advanced technologies and collaborative strategies.
  January 25   Reinsurance News Catastrophe Risk Management

In 2023, a record number of natural disasters, driven by severe earthquakes and storms, led to unprecedented economic and insured losses, highlighting the urgency for improved global resilience.
  January 25   Aon Catastrophe Property Risk Management

Florida faces a potential real estate downturn as home insurance premiums skyrocket, making mortgages increasingly difficult to obtain.
  January 24   Live Insurance News Catastrophe Legislation & Regulation Property Florida

McClenny, Moseley & Associates, a Texas law firm, is ordered to pay over $10 million for fraudulent activities related to hurricane insurance claims.
  January 23   Insurance Business Catastrophe Fraud Litigation Property Louisiana Texas

Florida aims to bolster its hurricane catastrophe fund by borrowing up to $3.8 billion through municipal bonds to support property insurers against hurricane losses.
  January 23   Insurance Business Catastrophe Insurance Industry Legislation & Regulation Property Florida

In a move to streamline disaster relief, FEMA is set to introduce faster fund access, broader repair eligibility, and an easier application process for disaster survivors.
  January 22   FEMA.gov Catastrophe Legislation & Regulation Property Risk Management

Gallagher Re’s report reveals that secondary perils and severe weather events have led to global insured losses of $123 billion in 2023, marking a concerning trend in climate-related damages.
  January 18   Gallagher Re Catastrophe Insurance Industry Risk Management

A severe winter storm brings a spate of dangerous avalanches, resulting in fatalities and heightened risks in the western U.S. during the long Martin Luther King Jr. Day weekend.
  January 16   Insurance Journal Catastrophe Insurance Industry Property Risk Management California Idaho

A recent webinar with Hartford Steam Boiler and IoT Insurance Observatory experts reveals the imperative shift from potential to mass deployment in the IoT sector for insurance.
  January 16   Insurance Thought Leadership Catastrophe Insurance Industry Risk Management Technology

House Bill 1213, proposed by State Representatives Spencer Roach and Hillary Cassel, seeks to make Citizens Property Insurance a primary option for windstorm coverage in Florida.
  January 16   Insurance Business Catastrophe Insurance Industry Legislation & Regulation Property Florida

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