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California Wildfire Contractor Fraud Leaves Homeowner Out $18,000

California Wildfire Contractor Fraud Leaves Homeowner Out $18,000

A California wildfire survivor says an unlicensed contractor took an $18,000 payment before abandoning the project. Insurance and fraud experts say similar scams are increasing after natural disasters across the United States.
July 7 Catastrophe Fraud Insurance Industry Property California

Manhattan High-Rise Evacuated After Buckled Columns Raise Collapse Concerns

Manhattan High-Rise Evacuated After Buckled Columns Raise Collapse Concerns

Structural columns failed during a major office-to-residential conversion in Midtown Manhattan, prompting evacuations, street closures, and an engineering assessment as officials work to stabilize the building.
July 7 Liability Litigation Property Risk Management Technology New York

State Farm Releases Illinois Weather Data Showing 50,000 Catastrophe Claims Amid Rate Dispute

State Farm Releases Illinois Weather Data Showing 50,000 Catastrophe Claims Amid Rate Dispute

State Farm says Illinois homeowners filed 50,000 severe weather claims through mid-June as tornadoes and hail continue driving losses. The new data adds context to the insurer's ongoing dispute with Illinois regulators over homeowners insurance rates.
July 6 Catastrophe Insurance Industry Legislation & Regulation Property Underwriting Illinois

Strong El Niño Forecast Signals Higher Weather Loss Risks for Insurers

Strong El Niño Forecast Signals Higher Weather Loss Risks for Insurers

The World Meteorological Organization says confidence is growing that a strong El Niño will develop, increasing the likelihood of extreme weather, record temperatures, and catastrophe-related insurance claims through 2026 and into 2027.
July 6 Catastrophe Property Risk Management

Heat Dome to Bring Dangerous Triple Digit Heat Across Much of the U.S.

Heat Dome to Bring Dangerous Triple Digit Heat Across Much of the U.S.

Triple digit heat, wildfire conditions, severe storms, and a tropical disturbance are creating multiple exposures for insurers and claims professionals as millions of Americans face dangerous weather during the holiday week.
June 30 Catastrophe Property Risk Management Workers' Compensation

Water Damage Tops Home Insurance Claims Despite Homeowners Fearing Fire

Water Damage Tops Home Insurance Claims Despite Homeowners Fearing Fire

A new PEMCO survey shows many homeowners overestimate fire risk while underestimating costly water damage, creating opportunities for insurers and agents to promote leak detection technology during policy renewals.
June 30 Property Risk Management Technology Underwriting Oregon Washington

Connecticut Court Says Post-Accident Repair Photos Cannot Prove Negligence

Connecticut Court Says Post-Accident Repair Photos Cannot Prove Negligence

A Connecticut appeals court ruled that photographs showing repairs made after a mail carrier's fall should not have been admitted to prove the landlord was negligent, sending the premises liability case back for a new trial.
June 30 Liability Litigation Property Connecticut

How IoT Sensors Are Improving Construction Claims and Water Loss Prevention

How IoT Sensors Are Improving Construction Claims and Water Loss Prevention

Construction IoT has matured from passive monitoring into automated environmental control that helps prevent losses, strengthen claims documentation, reduce litigation exposure, and support faster project recovery.
June 30 Litigation Property Risk Management Technology

JetBlue Reports Suspected Drone Strike on JFK Approach as FAA Investigates

JetBlue Reports Suspected Drone Strike on JFK Approach as FAA Investigates

A JetBlue Airbus landed safely after the crew reported a drone strike during its approach to JFK. The incident highlights unresolved questions about aviation liability, subrogation, and insurance coverage when drone operators cannot be identified.
June 30 Insurance Industry Liability Property Risk Management Subrogation New York

Miami’s Super Yacht Boom Leaves Derelict Boats, Rising Marine Risks, and Insurance Challenges

Miami’s Super Yacht Boom Leaves Derelict Boats, Rising Marine Risks, and Insurance Challenges

As luxury yacht ownership expands across South Florida, abandoned vessels, marina shortages, and rising boating accidents are creating new risks for insurers, marine adjusters, and local governments.
June 29 Insurance Industry Liability Marine Property Risk Management Florida

Venezuela Earthquake Raises Questions Over Insurance and Parametric Coverage

Venezuela Earthquake Raises Questions Over Insurance and Parametric Coverage

A magnitude 7.5 earthquake struck near Caracas after a strong foreshock, prompting warnings of widespread casualties, major economic damage, and uncertainty over insured losses and parametric coverage.
June 25 Catastrophe Property Risk Management

Could a Hurricane Impact the World Cup? History Shows the Risk for Host Cities

Could a Hurricane Impact the World Cup? History Shows the Risk for Host Cities

Historical hurricane data shows tropical storm threats remain relatively low during the World Cup, but several host cities have experienced damaging storms, flooding, and infrastructure losses during June and July.
June 24 Catastrophe Insurance Industry Property Risk Management California Florida Georgia Massachusetts Missouri

Roof Replacement Cycles Shrink as Climate Conditions Increase Property Claims Exposure

Roof Replacement Cycles Shrink as Climate Conditions Increase Property Claims Exposure

New Nearmap research finds that heat, humidity, temperature swings and heavier rainfall are accelerating roof deterioration, increasing replacement frequency and creating new challenges for insurers and claims professionals.
June 24 Catastrophe Insurance Industry Property Risk Management Technology

Verisk: U.S. Property and Casualty Industry Combined Ratio Improves to 92.4%

Verisk: U.S. Property and Casualty Industry Combined Ratio Improves to 92.4%

Improved personal auto results and lower catastrophe losses helped U.S. property and casualty insurers return to strong underwriting profitability. Claims severity and litigation-related costs remain significant concerns for carriers.
June 23 Auto Catastrophe Insurance Industry Legislation & Regulation Litigation

Chesapeake Bay Residents Brace for Severe Thunderstorms, Flooding and Power Outages

Chesapeake Bay Residents Brace for Severe Thunderstorms, Flooding and Power Outages

Extreme heat, damaging winds, power outages and flash flooding are becoming familiar parts of summer across Maryland's Chesapeake Bay region. Residents and property owners are weighing the cost of preparedness against increasing weather risks.
June 22 Catastrophe Property Risk Management Maryland
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