Florida’s property insurance market is beginning to stabilize thanks to new legislation aimed at reducing litigation and increasing market competition, following years of hurricane-induced losses and financial struggles.

Powerful storms swept through Texas on Tuesday, causing over 750,000 power outages and significant damage, especially in the Dallas-Fort Worth area, with further severe weather expected throughout the day.

A Reddit thread reveals growing frustration among insurance adjusters and contractors over the high costs of contents cleaning and salvage operations.

Prepare for a spike in cargo thefts this Memorial Day weekend with these essential tips from CargoNet.

This year’s wildfire season is projected to be less intense than usual, but those in high-risk areas must remain vigilant and prepared for potential damage.

New research reveals seawater intrusion beneath Greenland’s Petermann Glacier as a key factor in its rapid melting, potentially leading to greater sea level rise than previously estimated.

Leveraging diverse data sources and advanced computing power is transforming flood insurance, making it a viable option for private insurers and improving coverage accuracy and affordability.

In the two decades since Florida’s devastating 2004 hurricane season, insurers have significantly improved their response strategies and technology, enhancing preparedness and resilience against future storms.

The Florida Office of Insurance Regulation reports a downward trend in property insurance rates for 2024, indicating market stabilization due to recent reforms.

A Georgia woman was indicted on 51 counts of fraud for filing false property claims in Virginia, including Indiantown Park and historic Eyre Hall.

With the Atlantic hurricane season approaching, experts predict a 75% chance of a major hurricane hitting Florida, potentially leading to $200 billion in insured losses, the highest risk since 1992.

Despite a $3 billion fund set aside to stabilize Florida’s property insurance market, most of the money remains unused, though there are modest signs of market improvement amid ongoing high costs and insurer challenges.

Climate change is set to significantly affect healthcare delivery, increasing utilization and costs while disrupting supply chains. Payers must develop comprehensive strategies to address these challenges and ensure sustainable operations.

Gallagher Re and Oxford University partner to analyze supply chain chokepoints impacting the re/insurance sector.

During Contractor Fraud Awareness Week, the Insurance Information Institute and National Insurance Crime Bureau emphasize how homeowners can protect themselves from fraudulent contractors following disasters.