
Why Hurricane Helene Could Be One of the Most Dangerous Storms in Years
Hurricane Helene is forecast to intensify rapidly as it nears Florida, with major impacts expected across the Southeast, including extreme winds, flooding, and widespread storm surge.
September 25, 2024
Catastrophe
Litigation
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina

California Wildfire Season Intensifies Without Key Factor, Raising Concerns for the Coming Months
California has faced a severe wildfire season fueled by heat and dried-out vegetation, even without the seasonal winds that typically escalate fire risks. Experts warn that conditions could worsen as fall progresses.
September 24, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
California

Hurricane Threat Looms for Gulf Coast as Atlantic Storm Intensifies
A developing Atlantic storm poses a significant hurricane risk to the US Gulf Coast, stretching from Mississippi to Florida. Forecasters predict rapid intensification as it moves north through warm Gulf waters, threatening major landfall.
September 23, 2024
Catastrophe
Litigation
Property
Risk Management
Florida
Mississippi

California Firefighter Arrested for Allegedly Starting Five Brush Fires in Northern California
A firefighter in Northern California has been arrested for allegedly starting five brush fires while off duty, raising concerns about internal misconduct within fire agencies.
September 23, 2024
Catastrophe
Legislation & Regulation
Litigation
Property
California

New Jersey Supreme Court Expands Duty of Care for Sidewalks Next to Vacant Commercial Properties
The New Jersey Supreme Court ruled that commercial landowners, including those with vacant properties, must maintain public sidewalks abutting their properties in safe condition, aligning with broader public policy principles.
September 23, 2024
Legislation & Regulation
Liability
Litigation
Property
New Jersey

Climate Change Drives Global Surge in Fires, Floods, and Drought
The impact of climate change is becoming more visible worldwide, with intensifying wildfires, severe droughts, and devastating floods affecting regions from Brazil to Southeast Asia.
September 19, 2024
Catastrophe
Litigation
Property
Risk Management
California
North Carolina

Homeowners Insurance Costs Surge Across the U.S., Florida Takes the Lead with Soaring Rates
Homeowners across the U.S. are facing sharp insurance premium hikes, with Florida seeing the steepest increases, fueled by hurricane risks, fraud, and lack of competition.
September 18, 2024
Catastrophe
Litigation
Property
Risk Management
Florida
Louisiana
Texas

Parametric Insurance Protects Surf Ecosystems as Global Surfing Economy Booms
A groundbreaking parametric insurance model is being used to safeguard surf ecosystems from environmental damage, starting in El Salvador, as part of a global effort to protect valuable natural resources.
September 18, 2024
Catastrophe
Insurance Industry
Property
Risk Management

Fed Rate Cut to Boost Insurance Portfolios, Affect Premiums and Underwriting
The Federal Reserve's unexpected rate cut could boost insurance portfolios, while potentially increasing premiums and altering underwriting practices across the sector.
September 18, 2024
Insurance Industry
Life & Health
Property
Underwriting

U.S. Property and Casualty Insurers Achieve $3.8 Billion Underwriting Gain in H1 2024
The U.S. property and casualty insurance sector posted a $3.8 billion underwriting gain in H1 2024, rebounding from a $24 billion loss last year, driven by premium growth and improved catastrophe losses.
September 17, 2024
Catastrophe
Insurance Industry
Property
Risk Management

US Property Insurance Rates Fall for the First Time Since 2017 as Insurers Return to Profitability
Property insurance rates in the US have dropped for the first time since 2017, driven by insurers' return to profitability following lower catastrophe-related losses and stronger market conditions.
September 17, 2024
Catastrophe
Insurance Industry
Property
Risk Management

Florida Home Inspector Accused of Reusing Photos in 200+ Insurance Inspections, Costing $88,000
A Florida home inspector is accused of using identical stock photos in over 200 inspections, costing Citizens Property Insurance Corp. thousands in fraudulent premiums and reinspection costs.
September 13, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
Florida

How AI-Powered Digital Twins Are Shaping the Future of P/C Insurance
AI-enabled digital twins are revolutionizing how property and casualty insurers assess risk and protect policyholders from climate-related damages, offering enhanced accuracy and predictive capabilities.
September 13, 2024
Catastrophe
Property
Risk Management
Technology

Investigators Sound Alarm on Fraudulent Water Damage Claims
Insurance fraud experts warn about exaggerated or false water damage claims, often linked to home renovations and fake sewage leaks, aimed at inflating insurance payouts.
September 13, 2024
Catastrophe
Fraud
Litigation
Property
California
Florida

Hurricane Francine Risks $1.5 Billion in Insured Losses as it Strikes Louisiana
Hurricane Francine made landfall in Louisiana as a Category 2 storm, with CoreLogic estimating insured losses at up to $1.5 billion, impacting residential and commercial properties across the Gulf Coast.
September 13, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Kentucky
Louisiana
Mississippi
Missouri



