
Homeowners’ Maintenance Gaps Revealed: Key Safety Tasks Often Overlooked
A nationwide survey by The Hanover and The Harris Poll shows many homeowners neglect crucial maintenance tasks, risking costly damages and insurance claims.
July 1, 2024
Education & Training
Insurance Industry
Property
Risk Management

Escalating Home Insurance Costs Linked to Disaster Risk: Insights from Mortgage Escrow Data
An analysis of 47 million homeowners' insurance expenditures reveals a sharp increase in premiums from 2020 to 2023, with disaster-prone areas experiencing the most significant hikes due to rising reinsurance costs.
July 1, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California
Florida
Louisiana
Texas

Reinsurance Market Sees Improvements at July 2024 Renewal
Strong capital positions and record returns create favorable conditions for reinsurance buyers.
July 1, 2024
Insurance Industry
Property
Risk Management

Former Green Bay Packer Randall Cobb, and Family Survive House Fire in Nashville
NFL wide receiver Randall Cobb and his family narrowly escaped a fire at their Nashville home, which began in the garage and caused significant damage, but fortunately left everyone unharmed.
June 27, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Tennessee
Texas

Lightning-Related Insurance Claims Soar in 2023
The Insurance Information Institute (Triple-I) reported a 30% increase in total claims value from 2022, highlighting the financial impact of severe convective storms.
June 19, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
California
Florida
Georgia
Louisiana

Proactive Strategies for Property Loss Control
A session at RISKWORLD 2024 highlighted how a proactive, data-driven approach to risk management can create an effective property loss control strategy.
June 19, 2024
Insurance Industry
Property
Risk Management
Technology

Copper Cable Theft Plagues EV Charging Stations
The rise in cable thefts is occurring amidst significant efforts by major U.S. automakers to promote electric vehicles as a key strategy to combat climate change.
June 19, 2024
Insurance Industry
Property
Risk Management
Technology
Arizona
California
Colorado
Illinois
Nevada

Digitization Revolutionizes the Insurance Industry
The insurance industry is transforming through digitization, enhancing collaboration, efficiency, and transparency among brokers, carriers, and customers.
June 19, 2024
Insurance Industry
Property
Risk Management
Technology

South Florida Flooded by Historic Rainstorm, Struggles to Adapt to Climate Challenges
A once-in-200-years rainstorm, Invest 90L, flooded South Florida, highlighting the region's struggle to adapt to rising sea levels and extreme weather.
June 18, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida

Tropical Storm Warning Issued for Southern Texas as First Storm of Hurricane Season Approaches
The first tropical storm warning of the season has been issued for southern Texas as a developing storm in the Gulf of Mexico threatens heavy rain, flooding, and strong winds.
June 18, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Texas

El Paso Woman Files $1 Million Lawsuit Against Mexican Resort Over Husband’s Electrocution
Lizzette Zambrano sues Sonoran Sea Resort for over $1 million after her husband, Jorge Guillen, was electrocuted in a hot tub, leaving her critically injured and claiming his life.
June 17, 2024
Liability
Litigation
Property
Risk Management
Arizona
Texas

Heavy Rains Aim for Texas and Louisiana as Tropical System Brews in Gulf of Mexico
AccuWeather hurricane experts are monitoring the southwestern Gulf of Mexico for potential tropical development this week.
June 17, 2024
Catastrophe
Property
Risk Management
Florida
Louisiana
Texas

Lex Machina Reports Trends in Insurance Litigation for 2024
Lex Machina, a LexisNexis company, has released its 2024 Insurance Litigation Report, providing an in-depth analysis of trends in federal district and appellate courts from 2021 to 2023.
June 17, 2024
Insurance Industry
Liability
Litigation
Property
Louisiana

Alameda County DA Sues Home Insurance Companies for Underinsuring Homes
The Alameda County District Attorney's Consumer Justice Bureau has filed a lawsuit against several home insurance carriers in California, including Farmers Insurance Exchange.
June 17, 2024
Fraud
Legislation & Regulation
Litigation
Property
California

Preparing Insurance Adjusters for the 2024 Atlantic Hurricane Season
As the 2024 Atlantic hurricane season approaches, insurance adjusters are intensifying their training and preparations to ensure they can respond efficiently to catastrophic events.
June 12, 2024
Catastrophe
Education & Training
Property
Risk Management



