Insurance adjusters in many cases are nearing the half-way point of the 60-day period when they must make initial contact with policy holders who have filed claims in the aftermath of Hurricane Ida.

A Wednesday news release from the federal government revealed that in the 30 days since Hurricane Ida struck Louisiana, disaster survivors have received more than $660 million in grants in addition to $211 million in low-interest loans.

New Orleans residents who are facing daunting homeowners insurance deductibles that could keep them from repairing damage Hurricane Ida caused to their homes can apply for assistance through an unprecedented program the city is launching to keep people from being displaced by the storm.

Crawford & Company, the world’s largest publicly listed independent provider of claims management and outsourcing services to carriers, brokers and corporations, has announced that Marie Velez, vice president of finance at Crawford & Company in Latin America, has been named Woman of the Year at the Stevie International Business Awards.

After being pummeled by two tropical storms that submerged basements, cracked home foundations and destroyed belongings, Northeastern U.S. residents still in the throes of recovery are being hit with another unexpected blow: Thousands of families are now swamped with financial losses because they didn’t have flood insurance.

Most of those caught off guard by the intense downpours from the remnants of Hurricane Ida and Tropical Storm Henri lived in areas outside of coastal floodplains, making flood insurance an afterthought for most of the working-class families whose neighborhoods were among the hardest hit.

"When we called the insurance company, the first thing they told us is that they don’t provide any assistance for anything that’s caused by a storm. And they left it at that," Amit Shivprasad said, his rising voice echoing frustrations shared among his neighbors in the Jamaica section of Queens.

A robotic insurance adjuster? Woodland Hills-based Farmers Insurance announced on Monday, Sept. 20, that the company will soon deploy ‘Spot,’ a robot, to assist with catastrophe claims and property inspections.

The insurance and reinsurance market loss from recent hurricane Nicholas is estimated to be around US $950 million, according to modelling analysis undertaken by catastrophe risk specialist Karen Clark & Company.

By 2022, 2.85 million small drones will be flying the friendly skies, according to projections by the Federal Aviation Administration.

Hurricane Ida may have caused $30 billion or more in insured losses nationwide, making it one of the costliest disasters in U.S. history, according to a new estimate released Monday.

Two of the most prominent U.S. insurance companies have responded to President Joe Biden’s call to cover additional living expenses for policyholders in Louisiana who evacuated their homes ahead of Hurricane Ida, but were not under specific mandatory evacuation orders.

Those familiar with the insurance industry will know that it can sometimes be resistant to change. For example, the insurance business was slower to adapt to the digital arena than some other industries. But the rising insurance-related costs associated with climate change have gotten underwriters’ attention.

The U.S. Coast Guard said on Monday it was investigating nearly 350 reports of oil spills in and along the U.S. Gulf of Mexico in the wake of Hurricane Ida.

Insurers are bracing for a hit of about $18 billion from Hurricane Ida in the United States and the Caribbean, catastrophe modeling company Karen Clark & Co (KCC) said on Wednesday.

Ida has weakened to a tropical storm as it moves over southwestern Mississippi. On Tuesday, Ida is expected to move across the Tennessee Valley. Hurricane Ida made landfall Sunday at 11:55 a.m. in Port Fourchon.

The recently published UN climate change report has increased concern in the insurance industry, which is watching the heightened risk predictions.