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Tornado Alley Shift East Raises Insurance Claim Severity

Tornado Alley Shift East Raises Insurance Claim Severity

Tornado and severe thunderstorm activity is shifting toward more populated areas in the eastern U.S., where higher property exposure and reconstruction costs are increasing insurance claim severity even as national tornado volume declines.
August 13 Catastrophe Insurance Industry Property Risk Management Illinois Indiana Kansas Oklahoma Texas

New Kansas Law Lowers Barrier for Civil Insurance Fraud Cases

New Kansas Law Lowers Barrier for Civil Insurance Fraud Cases

New law allows civil prosecution of fraud, mandates disclosure of expunged records for adjuster licensing, and expands antifraud duties to assigned claims plans.
April 13 Auto Fraud Insurance Industry Legislation & Regulation Property Kansas

Delivery Drones Are Expanding Rapidly as Safety, Cost, and Regulatory Challenges Persist

Delivery Drones Are Expanding Rapidly as Safety, Cost, and Regulatory Challenges Persist

As FAA regulations evolve, drone delivery is scaling to more U.S. cities, though high costs, airspace safety, and privacy concerns continue to slow full adoption.
August 14, 2025 Legislation & Regulation Property Risk Management Technology Arizona Florida Georgia Kansas Missouri

Scientists Chase Extreme Hailstorms Across the Plains to Uncover the Costliest Weather Threat

Scientists Chase Extreme Hailstorms Across the Plains to Uncover the Costliest Weather Threat

Researchers are diving into hailstorms across Texas, Oklahoma, and Kansas to better understand one of the U.S.’s costliest but most overlooked weather risks.
June 9, 2025 Catastrophe Insurance Industry Property Risk Management Colorado Kansas New Mexico Oklahoma Texas

Severe Storms in US and Europe Trigger Massive Insured Losses

Severe Storms in US and Europe Trigger Massive Insured Losses

Severe storms across the US and Europe from late May to early June caused extensive hail, flood, and wind damage, with insured losses reaching into the billions.
June 9, 2025 Catastrophe Insurance Industry Property Risk Management Illinois Iowa Kansas Missouri Texas

Kansas Storm Claims Top $612 Million as Insurers Report Widespread Losses

Kansas Storm Claims Top $612 Million as Insurers Report Widespread Losses

In 2024, Kansas insurers paid over $612 million for nearly 57,000 storm-related claims, with Johnson County topping the list and Greeley County seeing the least.
May 8, 2025 Catastrophe Insurance Industry Property Risk Management Kansas

States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns

States Move to Regulate Third-Party Litigation Funding Amid Transparency Concerns

States across the U.S. are advancing bills to increase transparency in third-party litigation funding as concerns grow over rising insurance costs and legal system abuse.
April 14, 2025 Insurance Industry Legislation & Regulation Litigation Risk Management Arizona California Georgia Kansas Massachusetts

Rising Insurance Costs and Severe Thunderstorms: How Convective Storms Are Reshaping Risk

Rising Insurance Costs and Severe Thunderstorms: How Convective Storms Are Reshaping Risk

Severe convective storms are a major driver of rising insurance costs, with hail, tornadoes, and strong winds causing billions in property damage. Understanding storm patterns can help insurers manage risk effectively.
February 24, 2025 Catastrophe Insurance Industry Property Risk Management Alabama Florida Georgia Illinois Indiana

Legal System Abuse: The New Name Driving Insurance Industry Reform

Legal System Abuse: The New Name Driving Insurance Industry Reform

Insurance leaders at Triple-I’s 2024 Joint Industry Forum rebrand "social inflation" as "legal system abuse" to improve communication and drive legal reform for cost control.
December 3, 2024 Fraud Legislation & Regulation Litigation Risk Management Florida Georgia Kansas Louisiana Washington

Farmers’ Fraud Scheme: Tampered Rain Gauges Led to Million-Dollar Crop Insurance Scandal

Farmers’ Fraud Scheme: Tampered Rain Gauges Led to Million-Dollar Crop Insurance Scandal

A group of farmers in Colorado and Kansas tampered with rain gauges to falsely report drought conditions, leading to a multimillion-dollar crop insurance fraud. Their actions resulted in both criminal penalties and civil settlements.
September 9, 2024 Fraud Insurance Industry Litigation Risk Management Colorado Kansas

AMAG Pharmaceuticals Denied Insurance Claim for $30M Loss Linked to 2017 Manufacturing Incident at Pfizer Plant

AMAG Pharmaceuticals Denied Insurance Claim for $30M Loss Linked to 2017 Manufacturing Incident at Pfizer Plant

After years of litigation, a Massachusetts court ruled against AMAG Pharmaceuticals, rejecting its claim for insurance coverage related to a 2017 manufacturing issue at Pfizer’s Kansas facility that led to significant business losses.
August 21, 2024 Insurance Industry Liability Litigation Property Kansas Massachusetts

Marion County Record Reporter Settles Lawsuit Over Politically Charged Police Raid

Marion County Record Reporter Settles Lawsuit Over Politically Charged Police Raid

A former Marion County Record reporter has settled a federal lawsuit for $235,000 against the head of a Kansas police department following a politically motivated raid on the newspaper’s offices.
July 8, 2024 Insurance Industry Legislation & Regulation Litigation Kansas

Kansas City Chiefs Superfan Ordered to Pay $10.8 Million for Bank Robbery Trauma

Kansas City Chiefs Superfan Ordered to Pay $10.8 Million for Bank Robbery Trauma

A judge has mandated that a Chiefs superfan, who committed multiple bank robberies, pay over $10 million for the distress caused during a 2022 robbery.
April 11, 2024 Fraud Liability Litigation Property Kansas Oklahoma

Record-Breaking Hail Events Mark the Start of 2024’s Severe Storm Season

Record-Breaking Hail Events Mark the Start of 2024’s Severe Storm Season

Over 660,000 properties were hit by significant hail during early March, surpassing 2023 records and signaling a potentially challenging year for insurers.
March 20, 2024 Catastrophe Insurance Industry Property Risk Management Arkansas Illinois Kansas Missouri Oklahoma

Navigating the New Terrain: How States are Reforming Tort Laws Amid Rising Litigation Challenges

Navigating the New Terrain: How States are Reforming Tort Laws Amid Rising Litigation Challenges

In response to the surge in litigation costs and nuclear verdicts, various states have enacted significant tort reforms to balance corporate accountability and economic growth.
February 1, 2024 Insurance Industry Legislation & Regulation Litigation Florida Georgia Indiana Iowa Kansas