Losses from the severe convective storm peril are already on-track to surpass $20 billion again in 2022, according to Aon's Impact Forecasting.

CoreLogic has said that New York and Miami have the most homes at risk of storm surge damage, alongside the highest reconstruction cost value. According to the firm, its 2022 Hurricane Report shows that nearly 7.8m homes with more than $2.3tn in combined reconstruction cost value (RCV) are at risk of hurricane-related damages.

The state-backed Citizens Property Insurance Corp. was served with 3,881 lawsuits during the first four months of 2022, as its number of customers continued soaring.

A Louisiana appeals court found that an all-risk property policy covered business-income interruption losses caused by COVID-19 shutdown orders and other operational restrictions.

A fire early Sunday in downtown Las Vegas was the Nevada city's biggest in 25 years, the Las Vegas fire agency said.

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.

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.

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.

Property and casualty insurers are bracing for another year of record losses from catastrophic hurricanes, tornadoes, wildfires, flooding, and other natural disasters already unfolding.

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.

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.

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.

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.

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.

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.