A $200,000 parametric payment will fund rapid coral reef assessment and repairs in Hawaii, showing how catastrophe insurance can respond without the traditional claims adjustment process.
Flooding, landslides, powerful winds and widespread power outages damaged homes and infrastructure across Hawaii, with officials beginning damage assessments as the storm moves away.
The first hurricane to enter the Central Pacific Basin this season is expected to approach Hawaii early next week. Forecasters say confidence is growing that parts of the islands could see wind and rainfall impacts, though the exact track and intensity remain uncertain.
Federal prosecutors allege a Houston-area clinic owner and co-conspirators submitted hundreds of millions of dollars in fraudulent Medicare and Tricare claims tied to medically unnecessary allograft procedures. Investigators say the scheme generated nearly $300 million in government payments and involved kickbacks and patient referrals.
A Hawaii weather team’s simulation of a direct hurricane strike on Pearl Harbor highlights the potential for catastrophic wind damage, storm surge losses, and major challenges for emergency responders, insurers, and property owners.
Forecasters say exceptionally warm Pacific waters and a developing El Niño could push tropical systems farther north in 2026, increasing flood and storm concerns for Hawaii and Southern California homeowners.
Back-to-back storms have caused major flooding across Hawaii, forced thousands to evacuate, and damaged homes, roads, hospitals, schools, and other infrastructure.
Sedgwick’s 2025 Loss Adjusting Insights Report explores the top nine trends—from tariffs and tech to legislation and climate change—reshaping property claims today.
An 8.8 magnitude quake near Russia’s Kamchatka Peninsula triggered tsunami alerts across the Pacific, spotlighting flood insurance gaps and the unpredictability of natural disasters.
Hawaii’s Supreme Court is considering a critical insurance dispute that could determine the fate of a $4 billion settlement for victims of the devastating 2023 Maui wildfire. The case hinges on whether insurers can independently sue the defendants to recover claims they’ve paid.
The accelerating impacts of climate change, coupled with slow government response and human reluctance to prepare, are driving a homeowners insurance crisis in wildfire-prone states like California.
Recent tragedies highlight the dangers of illegal fireworks in Hawaii, leading officials and residents to debate stronger enforcement measures and cultural traditions.
As climate-driven disasters increase, nonrenewed home insurance policies are surging nationwide, impacting property values, mortgages, and economic stability in vulnerable communities.
The Senate Budget Committee attributes rising non-renewal rates to climate change, but insurance experts highlight other drivers like inflation, litigation, and overbuilding.
Thanksgiving travel this year is expected to surpass pre-pandemic levels, with nearly 80 million Americans traveling by car, air, and other modes, setting new records across the board.
