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Florida Insurers Face Fraud Allegations as New Storm Claims Loom, CBS Highlights Adjusters’ Concerns

Florida Insurers Face Fraud Allegations as New Storm Claims Loom, CBS Highlights Adjusters’ Concerns

As Florida prepares for new storm-related claims, CBS News’ "60 Minutes" investigates allegations by adjusters that insurers manipulated damage estimates from Hurricane Ian to underpay policyholders.
October 1, 2024 Catastrophe Fraud Litigation Property Florida

Hurricane Helene Signals Emerging Inland Threat as Storms Retain Strength

Hurricane Helene Signals Emerging Inland Threat as Storms Retain Strength

Hurricane Helene’s unprecedented inland devastation highlights the growing danger of the "brown-ocean effect," a phenomenon that may allow future hurricanes to retain strength as they move further inland.
October 1, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia North Carolina

Florida Homeowners Left Stunned by Altered Insurance Reports After Hurricane Ian

Florida Homeowners Left Stunned by Altered Insurance Reports After Hurricane Ian

Florida homeowners, devastated by Hurricane Ian, discovered their insurance reports had been altered to significantly lower payouts. Whistleblowers claim widespread fraud, accusing multiple carriers of manipulating damage assessments.
September 30, 2024 Catastrophe Fraud Litigation Property Florida

Hurricane Helene’s Economic Impact Could Reach $160 Billion Due to Infrastructure Destruction and Business Losses

Hurricane Helene’s Economic Impact Could Reach $160 Billion Due to Infrastructure Destruction and Business Losses

Economic estimates for Hurricane Helene project up to $160 billion in damage, driven by widespread infrastructure failure, property loss, business disruption, and long-term recovery costs.
September 30, 2024 Catastrophe Insurance Industry Property Risk Management Florida Georgia Kentucky North Carolina Ohio

Key Restaurant Insurance Claims Insights to Help Adjusters Minimize Payouts

Key Restaurant Insurance Claims Insights to Help Adjusters Minimize Payouts

Understand the most frequent and costly insurance claims in the restaurant industry, from equipment breakdown to employee injury, and how claims adjusters can help mitigate risks.
September 30, 2024 Liability Property Risk Management Workers' Compensation California Florida Michigan Mississippi New Jersey

Helene Hits Florida as Category 4 Hurricane, Unveils Critical Flood Insurance Gap

Helene Hits Florida as Category 4 Hurricane, Unveils Critical Flood Insurance Gap

Hurricane Helene’s catastrophic flooding from Florida to North Carolina exposes the serious lack of flood insurance coverage among homeowners, especially in inland areas, highlighting the increasing risks from extreme weather events.
September 30, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Kentucky North Carolina South Carolina

Hurricane Helene’s Impact Pressures Florida’s Struggling Insurance Market

Hurricane Helene’s Impact Pressures Florida’s Struggling Insurance Market

Hurricane Helene’s destructive force on Florida’s properties highlights the fragility of the state’s insurance market, with rising premiums, reinsurance challenges, and climate change amplifying risks.
September 30, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida

Hurricane Helene Causes Up to $34 Billion in Total Economic Impact, Moody’s Reports

Hurricane Helene Causes Up to $34 Billion in Total Economic Impact, Moody’s Reports

Hurricane Helene made landfall as a Category 4 storm, leading to widespread property damage, power outages, and disruptions. Analysts predict total costs ranging from $20 billion to $34 billion, with insurance losses still being assessed.
September 30, 2024 Catastrophe Insurance Industry Property Risk Management Florida

Hurricane Helene Set to Hit Florida Tonight with Life-Threatening Storm Surge and 40 Million Under Warnings

Hurricane Helene Set to Hit Florida Tonight with Life-Threatening Storm Surge and 40 Million Under Warnings

Hurricane Helene, a rapidly intensifying Category 2 storm, is expected to make landfall as a Category 4 hurricane in Florida, bringing 15-20 foot storm surges and affecting millions across the Gulf Coast.
September 26, 2024 Catastrophe Legislation & Regulation Property Risk Management Alabama Florida Georgia

Florida’s Insurance Market Faces Uncertainty as Hurricane Helene Approaches

Florida’s Insurance Market Faces Uncertainty as Hurricane Helene Approaches

As Hurricane Helene threatens Florida’s Gulf Coast, concerns rise over the stability of the state’s recovering insurance market. Despite progress, losses could still reach billions.
September 26, 2024 Catastrophe Legislation & Regulation Property Risk Management Florida

Hurricane Helene Targets Florida with Powerful Storm Surge and Inland Flooding Threats

Hurricane Helene Targets Florida with Powerful Storm Surge and Inland Flooding Threats

Hurricane Helene is intensifying as it heads toward Florida’s Gulf Coast, threatening life-threatening storm surges, widespread flooding, and strong winds that will reach far inland across the Southeast.
September 25, 2024 Catastrophe Litigation Property Risk Management Alabama Florida Georgia Kentucky North Carolina

Florida Braces for Tropical Storm Helene as Evacuations Begin

Florida Braces for Tropical Storm Helene as Evacuations Begin

Florida residents are evacuating as Tropical Storm Helene intensifies. The storm is projected to become a Category 3 hurricane with dangerous storm surges along the Gulf Coast, prompting emergency responses.
September 25, 2024 Florida Georgia Indiana Kentucky Tennessee

Why Hurricane Helene Could Be One of the Most Dangerous Storms in Years

Why Hurricane Helene Could Be One of the Most Dangerous Storms in Years

Hurricane Helene is forecast to intensify rapidly as it nears Florida, with major impacts expected across the Southeast, including extreme winds, flooding, and widespread storm surge.
September 25, 2024 Catastrophe Litigation Property Risk Management Florida Georgia North Carolina South Carolina

Hurricane Threat Looms for Gulf Coast as Atlantic Storm Intensifies

Hurricane Threat Looms for Gulf Coast as Atlantic Storm Intensifies

A developing Atlantic storm poses a significant hurricane risk to the US Gulf Coast, stretching from Mississippi to Florida. Forecasters predict rapid intensification as it moves north through warm Gulf waters, threatening major landfall.
September 23, 2024 Catastrophe Litigation Property Risk Management Florida Mississippi

NFL Teams Losing Millions in Cap Space by Skipping Insurance on Star Quarterbacks

NFL Teams Losing Millions in Cap Space by Skipping Insurance on Star Quarterbacks

The Aaron Rodgers injury and Jets’ decision to skip insurance on his contract highlight how NFL teams can lose significant cap space and insurance proceeds when failing to protect high-value players.
September 18, 2024 Insurance Industry Legislation & Regulation Litigation Risk Management California Florida New York Ohio Pennsylvania
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