Hurricane Milton, set to make landfall as a Category 3 storm, could bring catastrophic impacts to Florida’s Gulf Coast, particularly the Tampa area, just two weeks after Hurricane Helene’s devastation.
Hurricane Milton intensifies to Category 5 as it heads toward Florida’s west coast, prompting evacuations while the state rushes to clear debris left by Hurricane Helene just two weeks ago.
Hurricane Milton, now a powerful Category 4 storm, is set to make landfall midweek in Florida, bringing life-threatening storm surges, heavy rain, and strong winds.
Hurricane Milton is expected to intensify as it heads toward Florida. Reinsurance brokers are warning of potential significant impacts, including storm surges and wind damage.
Hurricane Milton has become a Category 3 storm and is expected to reach Category 4 as it nears Florida, prompting storm surge warnings for Tampa Bay and potential evacuations across the region.
The 2024 NFL preseason saw a record-low number of concussions, thanks to enhanced safety protocols, helmet innovations, and rule changes. This marks significant progress in player safety.
A comprehensive analysis shows that over 2.7 billion people globally are exposed to flood risks from both inland and coastal sources, with the number expected to rise as populations grow in vulnerable regions.
As flood risk intensifies, the National Flood Insurance Program is issuing more repeat payouts, with severe repetitive loss properties surging across the U.S., especially in coastal areas vulnerable to storms.
In a significant shift, the Nevada Supreme Court has applied the law of the case doctrine to district courts, potentially complicating matters for clients approaching trial as rulings may become harder to overturn.
State Farm, in partnership with the National Volunteer Fire Council, has awarded $1 million in grants to 100 volunteer fire departments to enhance firefighter safety and community protection.
Hurricane Helene’s estimated insured losses range between $5 billion and $9 billion, but S&P Global believes the event will affect earnings without jeopardizing the capital of US property and casualty insurers.
Tech giants like Google and Tesla are exploring California’s homeowners insurance market, leveraging AI and big data to offer innovative, risk-adjusted policies that could reshape the industry and challenge traditional insurers like State Farm.
Artificial intelligence is set to revolutionize workers’ compensation by enhancing decision-making, streamlining claims processes, and predicting outcomes. However, challenges like data quality, transparency, and standardization must be addressed for successful integration.
FEMA is running low on disaster relief funds as it responds to Hurricane Helene, which caused severe damage across several Southeastern states. Congress may need to pass additional funding to sustain relief efforts.
U.S. dockworkers have suspended their strike after reaching a tentative agreement with terminal operators, securing a wage increase and agreeing to continue negotiations in January.