
NWS Confirms EF-4 Tornado Struck Central Iowa, Six Fatalities
An EF-4 tornado hit Winterset before continuing on to Norwalk, Pleasant Hill and Newton among other central Iowa communities on Saturday afternoon, the National Weather Service confirmed.
March 7, 2022
Property
Iowa

Florida Panhandle Wildfires Burn Thousands Of Acres
With nearly 1,100 homes evacuated, firefighting crews continue to battle several dangerous wildfires across three counties in the Florida Panhandle, officials said.
March 7, 2022
Property
Florida

FEMA Maps Hugely Underestimate US Flood Damage Risk
Researchers have used artificial intelligence to predict where flood damage is likely to happen in the continental United States. The findings suggest that recent flood maps from the Federal Emergency Management Agency do not capture the full extent of flood risk.
March 3, 2022
Catastrophe
Property
District Of Columbia
Florida
Louisiana
Missouri
North Carolina

Tampa Insurance Startup Takes Over $400M In Premiums From Downgraded Insurer
The Tampa insurance startup Slide is acquiring $400 million in premiums from St. Johns Insurance Co., adding coverage to an estimated 150,000 policyholders, the company announced Tuesday.
March 3, 2022
Property
Florida
Insurers Pay When Gamers Play
The virtual reality gaming trend is getting real when it comes to homeowner’s insurance claims, with insurers saying popular virtual reality headsets are the cause of a 31% surge in claims.
March 2, 2022
Property
California Insurance Commissioner Demands Insurers Cut Rates For Wildfire Retrofits
As an insurance crisis persists in California wildfire country, state regulators are preparing to order companies to offer discounts to homeowners who install double-pane windows, fire-safe roofs or take other steps to reduce the danger to properties.
March 1, 2022
Legislation & Regulation
Property
California

14.5M+ Homes Impacted by 2021’s Nat Cat Events
Analysts at CoreLogic, a global provider of property information, analytics, and data-enabled solutions, have released a new report which reveals that over 14.5 million single and multifamily homes were impacted by the largest natural catastrophe events of 2021, with an estimated $56.92 billion in property damage.
February 22, 2022
Catastrophe
Property

Order Out of Chaos
Insurance claims resulting from catastrophic weather are at an all-time high. Events such as wildfires, hurricanes, and floods caused 39% of home insurance claims in 2020. In 2021, the trend continued.
February 21, 2022
Litigation
Property
Unusual Winter Fires In Southern California Burn Several Homes, Spur Evacuations
A pair of unusual winter wildfires in Southern California on Thursday burned several homes, spurred evacuations and closed a portion of the iconic Pacific Coast Highway. The two fires, one near Los Angeles and the other farther south near Laguna Beach, spread amid fierce winds, along with a continued drought and weather conditions that felt more like summer than winter, furthering fears that fire has become a year-round threat in the state.
February 11, 2022
Property
California

Progressive Dropping Coverage For 56,000 Florida Homes
Progressive Insurance has announced that it is dropping some 56,000 homeowners’ insurance policies in Florida, in response to the surge in litigated claims and costs in the state. Specifically, the insurer is not renewing coverage for homes with roofs older than 15 years.
February 10, 2022
Property
Florida

Fire Rages Through Luxury Apartments Under Construction In Oklahoma City
Oklahoma City firefighters battled a large commercial fire at NW 63 and Western Tuesday night and into Wednesday. OKCFD Chief Benny Fulkerson said the structure was a large under-construction apartment complex.
February 9, 2022
Excess & Surplus Lines
Property
Oklahoma

Fifth Circuit Applies Narrow Interpretation Of Policy To Limit Coverage For Hurricane Harvey Loss
Landmark American Insurance Co. v. SCD Memorial Place II, L.L. C., No. 20-20389 (5th Cir. Feb. 3, 2022), involves whether an insurance policy covered flood-related damage sustained by a building during Hurricane Harvey. The district court determined that the policy provided coverage and granted summary judgment in favor of the insured.
February 9, 2022
Litigation
Property

Concert Promoter’s COVID BI Suit Allowed To Proceed
A federal district court in California has refused to dismiss COVID-19 business interruption coverage filed by a concert promoter against Factory Mutual Insurance Co.
February 7, 2022
Litigation
Property
California

Colorado Lawmakers Propose Raising Initial Payouts For Disaster Victims
When wildfire struck Grand County, Marjorie Cranston and her husband lost their home of 15 years. The loss was hard enough, Cranston said, without spending months scouring her brain to remember every single item lost in the flames.
February 7, 2022
Legislation & Regulation
Property
Colorado

Love At First Loss
If you ever find yourself in a room of claims and litigation professionals and need a good icebreaker, be sure to ask the person closest to you this question: Did you find the industry, or did the industry find you?
February 3, 2022
Auto
Liability
Property
Workers' Compensation



