The 2023 Atlantic hurricane season officially started June 1 and is forecast to be a busy one, which is why homeowners need to prepare. Yet many lack even the most basic preventative measures, unaware of the risks they face, according to a new survey by Triple-I, in coordination with Munich Re.

Ten states and dozens of municipalities are suing the Biden administration over rate hikes in the National Flood Insurance Program. That program offers coverage in high-risk flood areas and is administered by FEMA, the Federal Emergency Management Agency.

CoreLogic Inc. said Thursday that more than 33 million U.S. properties are at risk of hurricane-force wind damage and that there is $11.6 trillion of total reconstruction cost value at risk nationally for the 2023 Atlantic hurricane season.

For nearly a decade, Denise Hancock always turned to a broker to find competitively priced home insurance. So when her insurer, United Property and Casualty, went under earlier this year, Hancock appealed to her longtime agent.

State Farm, the largest home and auto insurer in the U.S., announced on Friday its decision to cease new home insurance sales in California, citing concerns over escalating wildfire risks and soaring construction costs.

Uncertainty spawned by the debt ceiling debate will likely exacerbate the replacement cost inflation that has been putting upward pressure on property/casualty insurers’ loss ratios -- and, ultimately, consumers’ premium rates, according to Triple-I’s chief economist.

In a remarkable rescue operation, eight individuals were successfully saved after a six-story apartment building experienced a partial collapse in Davenport, Iowa. Fortunately, no casualties were reported, providing a glimmer of hope amidst the chaos that ensued.

A jury seated in South Bend sent a $112 million message to the insurance industry. That’s how much seven sued companies will have to pay in damages for refusing to pay claims.

Houston law firm McClenny Moseley and Associates has been accused of a litany of questionable, and potentially illegal, practices in recent months. Now, a group of former employees of an estimating company say their former employers likely conspired with the firm to hike up the value of Hurricane Ida claims by exaggerating damages.

At Mid-America Catastrophe Services, we are privileged to work with some of America’s best field and desk claims adjusters. Our top performers work as much as they want and earn six figures annually. More importantly, they are good people. They are empathetic, energetic, and efficient.

Climate-driven floods, hurricanes, wildfires and heat waves cause billions of dollars of damage every year in the United States. Federal scientists hope that better access to climate data will help one industry adapt: property insurers.

Nearly eight months after Hurricane Ian ravaged Southwest Florida, some homeowners say their insurance company won’t pay for the full cost of repairs and they are left with no option but to sue.

The expected annual cost from earthquake damage for California is climbing sharply amid an increase in property values and better understanding of how soft soils could result in greater damage during shaking.

A complaint filed this week in federal court by a Wynne woman whose home was destroyed March 31 by an EF-3 tornado that decimated much of the Cross County city claims that her insurance company undervalued the coverage on her home by more than $200,000.

In an emergency financial maneuver, the state-chartered insurance associations of Florida and Louisiana have been forced to borrow a combined $1.3 billion to cover insurance claims caused by worsening hurricanes.