
Florida Appeals Court Reverses Dismissal of Bad Faith Suit Against First Protective Insurance
In a pivotal ruling, a Florida appeals court overturns a dismissal, allowing a bad-faith lawsuit against First Protective Insurance over delayed sinkhole damage payments.
January 5, 2024
Legislation & Regulation
Litigation
Property
Risk Management
Florida

$6.4 Billion Estimated Insured Losses in Japan’s Noto Peninsula Earthquake
The 2024 Noto Peninsula Earthquake in Japan caused significant insured losses, with residential properties, especially older structures, bearing the brunt of the damage.
January 5, 2024
Catastrophe
Marine
Property
Risk Management

December Nor’easter and California Rains Lead to Major Losses in the U.S.
Severe December weather, including a nor'easter and California flooding, potentially costs millions in economic and insured losses.
January 5, 2024
Catastrophe
Property
Risk Management
California
Florida
Maine
New Jersey
North Carolina

January 1 Renewals Mark a Turnaround in Reinsurance Market Stability
The January 1 reinsurance renewal period exhibits stability and predictability, reflecting significant improvements in the property reinsurance sector.
January 3, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Shifting Priorities for Affluent North Americans Post-Pandemic
Affluent Americans and Canadians are increasingly investing in entertainment, travel, and education, facing new risks as their spending habits evolve, reveals Chubb's report.
December 27, 2023
Catastrophe
Liability
Property
Risk Management

Florida’s Home Insurance Market Sees Potential Stability with Increased Focus on Property Hardening
Exploring the evolving landscape of Florida's home insurance market, highlighting the critical role of property hardening in mitigating hurricane damage.
December 22, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida

Uncovering the True Impact of Insurance Fraud at 2023 CLM Focus Conference
Understanding the real impact of insurance fraud, as experts reveal its staggering annual cost and debunk the myth of it being a victimless crime.
December 22, 2023
Fraud
Litigation
Property
Workers' Compensation

Dubai Aerospace Enterprise Secures $118 Million Settlement, Continues Litigation Against Insurers
Dubai Aerospace Enterprise receives a substantial insurance settlement from Aeroflot's insurer, while continuing its legal battle with other insurers.
December 20, 2023
Insurance Industry
Litigation
Property
Risk Management

El Nino’s Heavy Rains Pose Major Challenges for Septic Tank Owners
Exploring the impact of El Nino's intense rainfall on septic systems and the importance of regular maintenance and insurance understanding.
December 20, 2023
Catastrophe
Education & Training
Property
Risk Management
Hawaii
Oregon

State Farm Faces Unprecedented Homeowners Loss Ratio Amid Severe Weather Challenges
State Farm's homeowners loss ratio hits a 20-year high, driven by severe weather events, prompting significant rate hikes and premium growth.
December 20, 2023
Catastrophe
Property
Risk Management
Underwriting

Non-Standard Insurance Market Poised for Dynamic Growth by 2030, Prestige Underwriting Reports
Prestige Underwriting's report, in collaboration with Aon's Finaccord, forecasts significant growth in the non-standard insurance market by 2030, driven by unique property types and evolving motor vehicle trends.
December 19, 2023
Auto
Insurance Industry
Property
Risk Management

2023: A Year of Record-Breaking Rapid Hurricane Intensification in Multiple Basins
In 2023, hurricanes Lee, Jova, and Otis set records for rapid intensification, reflecting an active global tropical season with significant impacts on insurance and risk management.
December 19, 2023
Catastrophe
Insurance Industry
Property
Risk Management

Lemonade’s Insurtech Journey: A Critical Analysis of the Sector’s Future
Exploring Lemonade's insurtech strategies and State Farm's smart home vision to understand future trends in insurance technology and customer experience.
December 19, 2023
Education & Training
Insurance Industry
Property
Technology

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US
Hurricane Idalia's devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023
Catastrophe
Property
Risk Management
Technology
Florida
Georgia
North Carolina
South Carolina

New Studies Highlight Hurricane Impact on Renters: Rising Rents, Evictions, and Housing Crisis
Recent research reveals the severe consequences of hurricanes on renters along the East and Gulf coasts, including increased rents, eviction risks, and the deepening affordable housing crisis.
December 15, 2023
Catastrophe
Legislation & Regulation
Property
Risk Management



