Claims Pages
claimspages
California Wildfire Claims Could Drain $21 Billion Insurance Fund Amid Investigation

California Wildfire Claims Could Drain $21 Billion Insurance Fund Amid Investigation

As insurance losses from the Eaton Fire mount, California’s wildfire fund faces depletion, with scrutiny intensifying over Southern California Edison’s potential liability.
July 25, 2025 Catastrophe Litigation Property Subrogation California

Texas Flash Floods Expose Major Insurance Gaps After $1.1 Billion Disaster

Texas Flash Floods Expose Major Insurance Gaps After $1.1 Billion Disaster

Over 120 lives lost and $1.1 billion in damages from the July 4 flash floods in Central Texas, with low flood insurance uptake leaving most homeowners to face rebuilding costs alone.
July 23, 2025 Catastrophe Insurance Industry Property Risk Management Texas

U.S. Wildfires and Storms Push Global Insured Catastrophe Losses to $100 Billion in First Half of 2025

U.S. Wildfires and Storms Push Global Insured Catastrophe Losses to $100 Billion in First Half of 2025

Aon’s midyear catastrophe recap shows $100 billion in insured losses—second-highest ever—driven by U.S. wildfires, convective storms, and a costly earthquake in Myanmar.
July 17, 2025 Catastrophe Insurance Industry Property Risk Management California Missouri

Why the U.S. Faces Soaring Hurricane Losses as Storms Grow Stronger

Why the U.S. Faces Soaring Hurricane Losses as Storms Grow Stronger

With climate change intensifying storms, insured hurricane losses in the U.S. could surge 50%—testing the limits of insurers, infrastructure, and public preparedness.
July 17, 2025 Catastrophe Insurance Industry Property Risk Management Florida Massachusetts New York Texas

Gulf System Could Become Tropical Storm Dexter as Development Chances Rise

Gulf System Could Become Tropical Storm Dexter as Development Chances Rise

A low-pressure system moving from Florida into the Gulf may strengthen into Tropical Storm Dexter later this week, bringing heavy rain and flooding risks across the region.
July 15, 2025 Catastrophe Insurance Industry Property Risk Management Florida Mississippi Texas

How a Warmer Climate Could Drive a 39% Surge in U.S. Hurricane Insurance Losses

How a Warmer Climate Could Drive a 39% Surge in U.S. Hurricane Insurance Losses

A new scenario analysis reveals that insured U.S. hurricane losses could rise by nearly 40 percent under a 2 degrees Celsius warmer climate, with the greatest relative impacts along the East Coast.
July 15, 2025 Catastrophe Insurance Industry Property Risk Management

Hail Causes Over Half of Solar PV Weather Claims in North America According to AXIS Capital Report

Hail Causes Over Half of Solar PV Weather Claims in North America According to AXIS Capital Report

Hail is the leading driver of solar PV natural catastrophe claims in North America, with AXIS Capital urging better forecasting and resilient system design to reduce losses.
July 12, 2025 Catastrophe Property Risk Management Technology

Reinsurance Market Turns Favorable for Buyers as Capital Surges in Midyear 2025 Renewals

Reinsurance Market Turns Favorable for Buyers as Capital Surges in Midyear 2025 Renewals

Record reinsurer capital and strong insurer performance are driving lower rates and broader coverage in the 2025 midyear reinsurance renewals, Aon reports.
July 10, 2025 Catastrophe Litigation Property California Florida

How to Manage Property Risk in 2025 with Smarter Valuation and Technology

How to Manage Property Risk in 2025 with Smarter Valuation and Technology

As extreme weather events and insurance costs rise, property owners must adopt data-driven valuation, smart tech, and alternative coverage to remain insurable.
July 7, 2025 Catastrophe Property Risk Management Technology California Florida

Flood Forecasting Defended by NWS as Critics Question Impact of Staffing Cuts

Flood Forecasting Defended by NWS as Critics Question Impact of Staffing Cuts

After deadly Texas floods, the National Weather Service faces scrutiny over Trump-era staffing cuts, though experts say forecasts were timely and accurate despite leadership gaps.
July 7, 2025 Catastrophe Legislation & Regulation Risk Management Technology Texas

Loss of Military Satellite Data May Affect Hurricane Forecast Accuracy

Loss of Military Satellite Data May Affect Hurricane Forecast Accuracy

Critical satellite data used for predicting rapid hurricane intensification will end June 30, potentially complicating forecasts during peak hurricane season.
June 30, 2025 Catastrophe Property Risk Management Technology

Wildfires and Storms Drive Record Claim Severity in Early 2025 as Volume Hits Five-Year Low

Wildfires and Storms Drive Record Claim Severity in Early 2025 as Volume Hits Five-Year Low

Despite costly California wildfires and severe storms in Texas and the Midwest, property claim volume in Q1 2025 dropped to its lowest level in five years, Verisk reports.
June 24, 2025 Catastrophe Insurance Industry Property Risk Management

Why Florida, Texas, and California Lead the Nation in Lightning Insurance Claims

Why Florida, Texas, and California Lead the Nation in Lightning Insurance Claims

Florida, Texas, and California consistently rank highest for lightning-related insurance claims due to storm frequency, surge damage, and wildfire-triggered losses.
June 24, 2025 Catastrophe Insurance Industry Property Risk Management California Florida Texas

Colorado State University Predicts Above Normal 2025 Atlantic Hurricane Season

Colorado State University Predicts Above Normal 2025 Atlantic Hurricane Season

The 2025 Atlantic hurricane season is projected to be above-average with 17 named storms, nine hurricanes and four major hurricanes, increasing landfall risks along U.S. and Caribbean coasts.
June 19, 2025 Catastrophe Insurance Industry Property Risk Management Florida Texas

Revolutionizing Catastrophe Modeling with AI for Insurers

Revolutionizing Catastrophe Modeling with AI for Insurers

Insurers can modernize CAT modeling by integrating AI-driven data capture, cleansing, enrichment, and analysis to deliver dynamic, real-time risk assessments that enhance underwriting and portfolio decisions.
June 19, 2025 Catastrophe Insurance Industry Risk Management Technology
Omega Forensic Engineering, IncMid-America Catastrophe ServicesWeller SalvageU.S. Forensic