Strong recovery from last year’s recession and supply-chain shortages is driving a surge in inflation, and will cause an increase in claims severity for property lines in the short term, according to Swiss Re.

Two Northern California wildfires have destroyed dozens of homes, left people unaccounted for or injured and prompted additional evacuations Thursday -- all in less than 48 hours.

A 3-week-old wildfire engulfed a Northern California mountain town, leaving much of the downtown in ashes, while a new wind-whipped blaze also destroyed homes as crews braced for another explosive run of flames Thursday in the midst of dangerous weather.

In 2017, there was a large house that was insured under a homeowners policy issued by the defendant to the plaintiff and his then-wife. A fire completely destroyed the house on May 16, 2017.

The US Government Accountability Office (GAO) – a nonpartisan government audit agency – has released a new report, which recommends that the Federal Emergency Management Agency (FEMA) reconsider the mandatory purchase requirements of the National Flood Insurance Program (NFIP).

Insurance services provider McLarens is set to acquire MGB Claims, a complex commercial claims adjusting firm based in Canada.

The cleanup — and the wait on insurance claims — continued Monday in some of the hardest hit neighborhoods by last week’s powerful tornado that tore through the Old Lincoln Highway corridor in Bensalem.

In Silversmith v State Farm Insurance Company, 2021 W.L. 2910240 (Fla. 4th DCA July 7, 2021), Florida’s Fourth District Court of Appeal ruled that policyholders may openly videotape an inspection by the insurance company appraiser, despite the state’s ‘two-party consent law.’

At least 35 homes in the High Bar Harbor section of Long Beach Island were damaged and three people were injured when a suspected tornado hit the Jersey Shore town Thursday night during fierce storms that triggered a dozen tornado warnings, officials said.

Two destructive tornadoes tore through eastern Pennsylvania in just over an hour’s time Thursday night, ripping through a mobile home park, destroying buildings at an auto dealership and leaving those who witnessed the fast-moving storms in disbelief.

Severe storms that produced ‘monster-sized’ hail and high winds on Monday evening left behind a trail of ruin -- from downed trees to home and property damage -- in its wake across much of Beltrami County and beyond.

The Dixie Fire, California’s largest wildfire, swelled to 208,206 acres Tuesday, an area that’s a little bigger than New York City. The blaze located that’s burning about 250 miles northeast of San Francisco is 23% contained, the U.S. Forest Service said.

Thousands of customers are still without power after three tornadoes tore through Michigan over the weekend, leaving damage, debris and power outages across the Detroit area.

Port Royal bore the brunt of the area’s damage from Tropical Storm Elsa earlier this month when a tornado hit downtown. But the storm also spawned a large wave that crashed into an isolated area of the town’s waterfront, cracking more than 30 wooden pilings at the former state-owned terminal building.

The Surfside collapse has killed at least 97 people as of the writing of this article and is now causing greater concerns over the Florida homeowners insurance market.