Rising costs in states favored during the pandemic lead to reverse migration, with Northeast states seeing population gains and improved economic performance.

Insurance professionals on Reddit discuss how carriers are reducing storm damage coverage, impacting policies and the job market for adjusters.

The 2024 Atlantic hurricane season, starting June 1 and ending November 30, is predicted to be particularly active. Allianz Commercial offers insights into this year’s forecast, reviewing notable 2023 storms and providing expert advice on storm preparedness.

Following the devastating tornadoes, Tallahassee leaders stress the importance of hurricane readiness as recovery costs exceed $50 million.

Iowa’s major insurance companies have reduced roof coverage, resulting in substantial out-of-pocket costs for homeowners and jeopardizing mortgages. The changes follow increased claims from frequent hail and wind storms.

Percentage deductibles might offer a lifeline to the strained property casualty market by sharing more risk with policyholders and potentially revitalizing insurer confidence.

Carrier Management’s June 2024 edition of Risk Alerts brings attention to various emerging hazards, including falling space debris, prolonged megadroughts, toxins in bioplastics, vulnerable bridges, and the health impacts of climate change.

Doug Akerson of Munich Re discusses the challenges and innovations shaping the renewable energy sector, highlighting severe weather impacts and technological advancements.

Facing economic and climatic challenges, commercial property owners can take these steps to mitigate risk and appeal to insurers.

Donovan Young, Aaron Young, and James Hoffman face up to 20 years in federal prison for their involvement in a wire fraud conspiracy defrauding home improvement stores.

Dennis S. Lepka, Jr. was sentenced to six and a half years in federal prison for orchestrating a fraudulent real estate scheme, targeting vulnerable communities and causing significant financial losses.

Insurance adjusters on Reddit are engaging in a detailed discussion about handling situations where policyholders file new claims for damage to their property that was previously claimed but not repaired.

CoreLogic’s 2024 Hurricane Risk Report details the potential impact of hurricanes on U.S. Gulf and Atlantic states, emphasizing the need for updated risk assessments to ensure effective preparation and mitigation.

As hurricane season begins, businesses should utilize data analytics and strategic planning to prepare for potential storm impacts and streamline claims processing.

UC Berkeley’s landscape design competition, highlighting the importance of wildfire resilience for Wildfire Awareness Month, has announced its winners.