
Federal Flood Maps Lag Behind Climate Disasters, Leaving Millions at Risk
As climate-intensified storms expose the limitations of FEMA’s outdated flood maps, millions of Americans may face flood risks without adequate insurance protection, especially in areas prone to heavy rainfall.
October 9, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina

Hurricane Milton Insurance Loss Projections Range from $15B to $150B, Says Icosa Investments
Icosa Investments forecasts insurance losses from Hurricane Milton could span from $15 billion to over $150 billion, depending on the storm’s intensity and landfall, with significant implications for the cat bond market.
October 9, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida

Hurricane Helene Losses Climb to $17.5 Billion in CoreLogic’s Final Estimate
CoreLogic’s latest estimate puts insured losses from Hurricane Helene between $10.5 billion and $17.5 billion, with total economic losses reaching up to $47.5 billion due to widespread wind and flood damage.
October 9, 2024
Catastrophe
Insurance Industry
Property
Risk Management

Insurance Premium Increases Threaten Affordable Housing Stability
Rising insurance premiums are creating challenges for affordable housing providers, pushing some renters to the brink. As coverage options decrease, higher costs are being passed on to financially vulnerable renters and property owners.
October 9, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management

How Insurers Help Domestic Abuse Survivors Achieve Financial Independence
Insurance plays a crucial role in empowering domestic abuse survivors by providing financial education and resources that foster long-term security and independence, breaking the cycle of abuse.
October 9, 2024
Education & Training
Insurance Industry
Life & Health
Risk Management

Navigating Customer Trust and Empathy in a GenAI-Driven World
As companies adopt generative AI tools, balancing AI-driven efficiency with authentic human interactions is essential for earning customer trust and maintaining empathy in high-stakes situations.
October 9, 2024
Insurance Industry
Risk Management
Technology

Hurricane Milton Threatens Central Florida with Potential Direct Hit
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.
October 9, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina

Hurricane Milton Reaches Category 5 as Florida Orders Evacuations
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.
October 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida

Hurricane Milton Strengthens to Category 4, Poised for Midweek Florida Landfall
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.
October 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina

Reinsurance Brokers Caution of Hurricane Milton’s Potential Impact on Florida
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.
October 7, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida

Hurricane Milton Intensifies as It Heads for Florida, Threatening Tampa Bay and Orlando
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.
October 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida

NFL Preseason Concussions Hit Record Low with Safety Measures in Place
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.
October 7, 2024
Legislation & Regulation
Litigation
Risk Management
Technology

Global Flood Risk Study Highlights Population Growth in Flood-Prone Areas
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.
October 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management

Flood Insurance Program Struggles with Rising Repeat Payouts
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.
October 7, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Louisiana
New Jersey
North Carolina

Nevada Supreme Court Extends Law of the Case Doctrine to District Courts
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.
October 7, 2024
Legislation & Regulation
Liability
Litigation
Risk Management
Nevada



