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.

Police arrested a suspect after he threatened insurance adjusters with an improvised spear at a Bend fitness center, leading to temporary street closure.

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.

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.

Triple-I emphasizes the importance of consumer education and community resilience to mitigate rising insurance costs driven by inflation, litigation, and natural disasters.

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.

A Pennsylvania solicitor was arrested for an insurance fraud scheme that caused nearly $20k in roof damage to a homeowner's property in 2023.

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.

A wildfire caused by July 4 fireworks has burned 4,000 acres in New Jersey's Wharton State Forest, with containment now at 75%.

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.

Significant losses in private passenger auto and homeowners segments drive continued unprofitability for the US property/casualty insurance sector.

Hurricane Beryl's rapid intensification in early July breaks records and raises concerns about future storm activity due to climate change.

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.

A survey in Ireland and the UK by Aviva finds four in ten respondents might exaggerate home insurance claims for extra compensation, with a majority supporting stricter penalties for fraud.

Home insurance premiums in Florida increased 80% less than expected in 2023 due to legislative reforms addressing legal system abuses, along with lower inflation in replacement costs, according to Triple-I.