Updated Hurricane Loss Model Approved by Florida Commission
Florida’s hurricane model commission approves Karen Clark & Co.’s Version 5.0, featuring enhanced climate data, upgraded vulnerability functions, and new coverage modeling capabilities.
June 12
Catastrophe
Property
Risk Management
Technology
Florida
Natural Disasters and Legal Pressures Are Driving Up Homeowners Insurance Costs Nationwide
Homeowners insurance is becoming less affordable nationwide as natural disasters, legal system strain, and rising repair costs drive premiums higher, especially in disaster-prone states.
June 11
Catastrophe
Insurance Industry
Litigation
Property
Alaska
Florida
Louisiana
Maryland
Mississippi
How Georgia Can Tackle Rising Insurance Premiums and Loss Ratios
Georgia homeowners face surging premiums after back-to-back hurricanes. Lawmakers and insurers are exploring solutions to stabilize the market and protect consumers.
June 9
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Arkansas
Florida
Georgia
Louisiana
Florida Property Insurers Return to Profit in 2024 After Eight-Year Losing Streak
Following legislative reforms and shifting market dynamics, Florida’s personal property insurers posted underwriting profits in 2024 for the first time in nearly a decade.
June 4
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Florida
Slightly Stronger 2025 Hurricane Season Expected Amid Climate Uncertainty
Forecasters anticipate a slightly above-average 2025 hurricane season in the Atlantic, though key uncertainties in ENSO and sea temperatures complicate predictions.
June 4
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Fishermen Face Rising Safety Risks as Federal Training Programs Lose Funding
Federal budget cuts threaten safety training programs for fishing, farming, and logging workers—among the nation’s most dangerous jobs—potentially leaving crews at greater risk.
June 2
Catastrophe
Education & Training
Legislation & Regulation
Risk Management
Alaska
Florida
Iowa
Maine
Massachusetts
Storm Surge Risk Threatens Billions in Coastal Property Value Across 20 States
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
June 2
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Connecticut
Delaware
District Of Columbia
Florida
Millions of Homes Unprotected as Climate-Driven Insurance Costs Soar
New research shows insurance protects against climate disasters, but millions of flood-prone homes remain uninsured as premiums climb beyond affordability.
May 20
Catastrophe
Legislation & Regulation
Property
Risk Management
California
Florida
Kentucky
Louisiana
New York
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
Florida Appeals Court Backs Insurer’s Right to Enforce Repair Option in Homeowner Dispute
A recent Florida appellate ruling reinforces insurers’ authority to enforce managed repair clauses, highlighting the importance of policy clarity in property claim disputes.
May 12
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
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
Burger King Faces Federal Court over Whopper Size Misrepresentation Claims
A federal judge in Florida ruled that Burger King must face a lawsuit accusing the company of falsely advertising the Whopper’s size and ingredients in promotional materials.
May 7
Fraud
Insurance Industry
Litigation
Risk Management
Florida
Florida Senate Blocks Attempt to Roll Back Property Insurance Reforms
Florida’s Senate rejected a House effort to reinstate one-way attorney fees, preserving reforms that have reduced lawsuits and stabilized the state’s property insurance market.
May 5
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
Georgia
Lawsuits Target Auto Insurers and Carmakers Over Secret Driver Data Collection
Major lawsuits are shedding light on how insurers and automakers collect, share, and monetize driver data—often without the consumer’s clear consent or knowledge.
May 1
Auto
Legislation & Regulation
Litigation
Technology
Florida
Texas
Aaron Judge Lawsuit Highlights Why Contractors Must Prioritize Transparency and Fair Billing
Aaron Judge’s fraud lawsuit against a Florida interior designer reveals the importance of transparent pricing, detailed invoices, and written approvals in construction contracts.
May 1
Insurance Industry
Litigation
Property
Risk Management
Florida
New York
