
FEMA Flood Program Could Violate Civil Rights Law
Federal programs that have elevated thousands of U.S. homes above floodwaters may violate civil rights law by shutting out many homeowners who are Black or Hispanic or who have low incomes.
June 17, 2022
Catastrophe
Legislation & Regulation
Property

Texas School District Sues Insurers Over Hurricane Hanna Coverage
The Edinburg school district sued a bundle of its insurance carriers last month, claiming that they failed to payout over $39 million for damage sustained during Hurricane Hanna. The district is suing for the money it says it is owed and alleges -- among other things -- breach of contract and violations of the Texas Deceptive Trade Practices Act.
June 17, 2022
Litigation
Property
Texas

At Least Two Hundred Homes Suffer Flood Damage In Southern Montana
The forces of fire and ice shaped Yellowstone National Park over thousands of years. It took decades longer for humans to tame it enough for tourists to visit, often from the comfort of their cars.
June 16, 2022
Property
Montana

Insurers Brace For Another Year Of Natural Disasters
Property and casualty insurers are bracing for another year of record losses from catastrophic hurricanes, tornadoes, wildfires, flooding, and other natural disasters already unfolding.
June 15, 2022
Catastrophe
Property

A Push For Better Building Codes As Catastrophe Losses Mount
White House officials met last week at Florida International University (FIU) to announce an initiative to help state and local governments adopt modern building codes and standards and help communities become more resilient to hurricanes, flooding, wildfires, and other extreme weather events.
June 15, 2022
Catastrophe
Legislation & Regulation
Property
Florida

Are Property Owners And Insurers Ready For The Next Big Earthquake?
In 1994, the magnitude 6.7 Northridge earthquake hit California, damaging 40,000 buildings and causing insured losses of $12.5 billion. If an earthquake like Northridge were to occur today, it could cost nearly $19 billion in insured losses. By 2044, there is a 93% possibility that an earthquake of that magnitude or greater will strike California.
June 14, 2022
Catastrophe
Property

NFIP Proposal: No Insurance For Risky New Homes, Repeat Claimants, And Commercial Buildings
The Biden administration is proposing a massive overhaul of federal flood insurance that would prevent the government from insuring newly built homes in flood-prone areas and would drop coverage for homeowners who receive repeated claims payments.
June 14, 2022
Catastrophe
Legislation & Regulation
Property
Florida P&C Crisis Worsens As Hurricane Season Begins
Already this year, three Florida insurers have been declared insolvent due to their failure to obtain full reinsurance as the 2022 hurricane season bears down. ‘We have the potential of a massive failure of Florida insurers, probably the worst on record,’ says Triple-I communications director Mark Friedlander.
June 13, 2022
Catastrophe
Legislation & Regulation
Property
Florida

Damage Estimates Expected To Climb From Massive New Mexico Wildfire
The destruction caused by the largest wildfire burning in the U.S. has been devastating for thousands of residents and their lives have been forever disrupted and altered, New Mexico’s governor said Tuesday after touring the damage in one county.
June 10, 2022
Property
Alaska
Arizona
Colorado
New Mexico

Tornadoes Tear Through Buildings In Western Ohio, Eastern Indiana
Multiple tornadoes hit throughout Ohio Wednesday, leading to several severe damage reports, mass power outages and harrowing sights in the state. The most serious threat took place early Wednesday evening in Tipp City, Ohio, just outside of Dayton and at a midway point between Cincinnati and Columbus.
June 9, 2022
Property
Indiana
Ohio

Unlicensed Company Pays $350K Fine After Adjusting Thousands Of Claims In Texas
A California company has entered into a consent order with the Texas Department of Insurance (TDI) after adjusting thousands of property and casualty insurance claims on Texas risks without a required state license.
June 8, 2022
Auto
Liability
Property
Texas

Storm Floods South Florida, Many Vehicles Submerged
The first tropical threat of the hurricane season in Florida drenched the southern part of the state, leaving behind flooded streets, motorists calling for help from stranded cars and even a sewage overflow.
June 6, 2022
Auto
Property
Florida

Nearly Three Out Of Four Homeowners Don’t Know Their Policy Coverage
While most homeowners understand that home insurance is critical, but according to the results of a new Forbes Advisor survey of 2,000 policyholders, the vast majority don’t know what their coverage provides.
June 3, 2022
Property

Back In Class: CLM’s Claims College Is Right Around The Corner
School may be out for summer, but CLM’s Claims College is right around the corner. Taking place Sept. 7-10, 2022 in Baltimore, Claims College can help you meet your professional goals while helping you establish great connections and relationships within your cohort.
June 2, 2022
Education & Training
Excess & Surplus Lines
Liability
Litigation
Property

Third Supreme Court Rejects Insurance Coverage For COVID Losses
Wisconsin’s highest court on Wednesday became the third state top court in a row to rule that businesses are not entitled to insurance coverage for losses resulting from the COVID-19 pandemic and government-imposed restrictions on gatherings.
June 2, 2022
Litigation
Property
Iowa
Massachusetts
Wisconsin



