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
Colorado Advances Wildfire Insurance with Predictive Tech Models
Starting July 2026, Colorado will let insurers use advanced risk models for wildfire coverage, aiming to price policies more accurately amid rising climate threats.
June 9, 2025
Catastrophe
Legislation & Regulation
Property
Technology
California
Colorado
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, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Arkansas
Florida
Georgia
Louisiana
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
Philadelphia Transit Lot Fire Destroys 40 Decommissioned Buses
A fire at a SEPTA bus lot in Philadelphia destroyed 40 decommissioned vehicles but caused no injuries or disruptions to commuter service, officials said.
June 9, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Pennsylvania
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, 2025
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Florida
Investigators Say Central California Carjacking Was Staged as Insurance Fraud
A reported van theft involving $60,000 in merchandise near Madera, California was revealed to be a staged event for insurance money, authorities say.
June 4, 2025
Auto
Fraud
Insurance Industry
Property
California
Victoria’s Secret Temporarily Shuts Down Website After Cybersecurity Breach
Victoria’s Secret shut down its website and systems on May 26 following a cyber incident, restoring services by May 29. Some in-store functions were also briefly disrupted.
June 4, 2025
Insurance Industry
Property
Risk Management
Technology
AI Uncovers Insurance Fraud Weeks Ahead of Traditional Detection Methods
New research shows AI tools can flag potentially fraudulent property and casualty claims just two weeks after filing, outperforming traditional investigation methods.
June 4, 2025
Fraud
Insurance Industry
Property
Technology
Arizona
Michigan
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, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Roof Resilience Is the Key to Lower Claims and Safer Homes
With 70-90% of storm-related claims involving roof damage, the FORTIFIED Roof standard offers a proven, cost-effective way to reduce risk and protect property.
June 4, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Mississippi
Oklahoma
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, 2025
Catastrophe
Legislation & Regulation
Property
Risk Management
Alabama
Connecticut
Delaware
District Of Columbia
Florida
How P&C Carriers Can Successfully Modernize Core Systems in Today’s Digital Environment
Modernization of core systems is crucial for P&C insurers to reduce costs, improve customer experience, and keep pace with digital innovation—but success demands a strategic, business-led approach.
June 2, 2025
Insurance Industry
Property
Risk Management
Technology
Early-Season Hurricanes: Where June Storms Typically Form and Why Activity Has Increased
Although June is typically a quiet start to Atlantic hurricane season, recent years show a rise in early storm activity, especially near the Gulf and Southeast U.S. coasts.
May 28, 2025
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Louisiana
Texas
Frustrating Claims Processes Drive Policyholders to Avoid Filing and Consider Switching Insurers
A new survey finds 22% of consumers skip filing claims due to complex processes, while 64% would switch insurers for a smoother digital experience.
May 28, 2025
Insurance Industry
Property
Risk Management
Technology
