CSU Predicts Record-Breaking Atlantic Hurricane Season for 2024
Colorado State University's researchers forecast a significantly active 2024 Atlantic hurricane season, citing unusually warm ocean temperatures and potential La Niña conditions.
April 8, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Middle-Market Companies Grapple with Inflation and Insurance Adjustments
Chubb's recent research highlights inflation as the main hurdle for middle-market companies, with many considering increased insurance coverage in response.
April 8, 2024
Insurance Industry
Property
Risk Management
Technology
Insurers and Consumers Face Growing Legal Costs Amid Social Inflation
Innovative legal tactics and social inflation are driving up insurance premiums and contributing to a hidden 'tort tax' for American households.
April 5, 2024
Auto
Insurance Industry
Legislation & Regulation
Property
California
Florida
Indiana
Kentucky
Louisiana
Damaging Storms Sweep Across the Heartland, Leaving Destruction and Power Outages
The latest storms bring a wave of destruction through the heartland, with the Ohio Valley suffering severe damage, power outages, and injuries.
April 5, 2024
Catastrophe
Property
Risk Management
Alabama
Georgia
Illinois
Indiana
Kentucky
Orlando’s Lake Ivanhoe Faces Environmental Hazard After Mineral Oil Spill
Orlando issues a lake alert for Lake Ivanhoe following a mineral oil spill, advising the public to avoid water contact activities.
April 4, 2024
Property
Risk Management
Technology
Florida
Tackling the Rising Threat of Snow Melt Flooding
With snow melt floods posing a growing threat in the U.S., insurance experts highlight the importance of adequate coverage and mitigation strategies.
April 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
California
Illinois
Iowa
Kentucky
Flood Insurance Discount Cuts by FEMA Stir Up Concerns in Florida
Nearly 18 months post-Hurricane Ian, FEMA's plans to cut flood insurance discounts worry homeowners and officials in Florida.
April 3, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Adjuster Regrets Promotion to Claims Manager, Laments Corporate Challenges
A newly promoted claims manager vents frustrations with the role, sparking advice and shared experiences on navigating corporate challenges.
April 2, 2024
Education & Training
Insurance Industry
Property
Workers' Compensation
Texas
Massive Storm System Unleashes Severe Weather Across the US, Causing Damage and Outages
A significant storm system brings widespread damage, power outages, and severe weather threats to millions across the central and eastern United States.
April 2, 2024
Catastrophe
Property
Illinois
Indiana
Kentucky
Michigan
Missouri
FEMA Signals End to Flood Insurance Discounts for Lee County, Florida Homeowners
Homeowners in Lee County, Florida, face losing flood insurance discounts after FEMA cites compliance issues in the Community Rating System.
April 2, 2024
Insurance Industry
Legislation & Regulation
Property
Florida
New Jersey
Tackling Fraudulent Claims Tactics in Florida’s Insurance Landscape
Florida combats aggressive insurance fraud schemes involving public adjusters and contractors, unveiling deceptive practices in the wake of natural disasters.
April 2, 2024
Fraud
Insurance Industry
Legislation & Regulation
Property
Florida
Homeowners Brace for Further Hikes Amid Climate and Market Pressures
As homeowners grapple with a 19.8% spike in insurance rates, projections show a relentless 6% increase into 2024, heavily influenced by climate change and severe weather patterns.
April 1, 2024
Catastrophe
Legislation & Regulation
Property
Connecticut
Florida
Illinois
Louisiana
Maine
Adjusters Discuss Strategies and Frustrations with Roof Claims
Claims adjusters express challenges with roof damage claims, share strategies for dealing with contractors, and navigate industry changes.
March 29, 2024
Catastrophe
Insurance Industry
Property
Technology
Man Acting As Adjuster Sentenced for Stealing Over $100K from Homeowners
A Canton man, acting as an insurance adjuster, was sentenced to three years in prison for stealing $108,000 from a couple after their home was destroyed by fire.
March 27, 2024
Fraud
Insurance Industry
Litigation
Property
Georgia
Florida Property Insurers Turn Profit in 2023, Bucking Years of Losses Amid Hurricane Challenges
After facing underwriting losses for years due to hurricane damages, Florida's property insurers reported profits in 2023, signaling a potential market turnaround.
March 27, 2024
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
