From a dead giraffe in a zoo to discovering an ancient burial ground, insurance adjusters share their most bizarre and unexpected claims in a fascinating Reddit thread. These stories range from the humorous to the eerie, offering a unique glimpse into the unpredictable world of insurance.
July 16 Fraud Litigation Property Weird Florida Missouri Oklahoma

As inflation and global conflicts escalate replacement costs, brokers and underwriters must effectively communicate economic trends and risk factors to clients to ensure adequate coverage and transparent pricing.
July 16 Insurance Industry Property Risk Management Maryland

Moody’s RMS estimates U.S. insured losses from Hurricane Beryl between $2.5 and $4.5 billion, with NFIP losses under $300 million and non-U.S. losses not exceeding $1.5 billion.
July 16 Catastrophe Insurance Industry Property Risk Management Texas

Police arrested a suspect after he threatened insurance adjusters with an improvised spear at a Bend fitness center, leading to temporary street closure.
July 15 Insurance Industry Liability Litigation Property Oregon

Hurricane Beryl is estimated to have caused $3.3 billion in insured losses, with $2.7 billion in the U.S., $510 million in the Caribbean, and $90 million in Mexico.
July 11 Catastrophe Insurance Industry Property Technology Texas

The Biden administration finalizes a policy requiring FEMA-funded reconstruction projects to be elevated above local flood levels to mitigate damage from intensifying floods due to climate change.
July 11 Catastrophe Legislation & Regulation Property Risk Management Texas

Triple-I emphasizes the importance of consumer education and community resilience to mitigate rising insurance costs driven by inflation, litigation, and natural disasters.
July 11 Education & Training Legislation & Regulation Property Risk Management California Florida Louisiana

A Minnesota court ruled that a cellphone repair business is not entitled to total-loss coverage for $445,000 in tenant improvements made before a fire destroyed their leased space in a commercial building.
July 8 Insurance Industry Litigation Property Risk Management Minnesota

A Pennsylvania solicitor was arrested for an insurance fraud scheme that caused nearly $20k in roof damage to a homeowner’s property in 2023.
July 8 Fraud Insurance Industry Litigation Property Pennsylvania

CoreLogic estimates that Hurricane Beryl caused insurable losses between $400 million and $700 million in Jamaica and the Cayman Islands, with similar losses in Mexico’s Yucatan Peninsula.
July 8 Catastrophe Insurance Industry Property Risk Management

A wildfire caused by July 4 fireworks has burned 4,000 acres in New Jersey’s Wharton State Forest, with containment now at 75%.
July 8 Catastrophe Legislation & Regulation Property Risk Management New Jersey

Hurricane Beryl made landfall in Texas, bringing 90 mph winds, torrential rain, and life-threatening storm surge, leaving one person dead and over 1.5 million without power.
July 8 Catastrophe Insurance Industry Property Risk Management Texas

Significant losses in private passenger auto and homeowners segments drive continued unprofitability for the US property/casualty insurance sector.
July 2 Auto Insurance Industry Property Risk Management

Hurricane Beryl’s rapid intensification in early July breaks records and raises concerns about future storm activity due to climate change.
July 2 Catastrophe Property Risk Management Texas

Weiss Ratings, an independent insurance rating agency, reports that three major Florida homeowners insurance providers closed nearly half of their claims last year without any payment.
July 2 Catastrophe Legislation & Regulation Property Risk Management Florida

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