
Hurricane Helene’s Economic Impact Could Reach $160 Billion Due to Infrastructure Destruction and Business Losses
Economic estimates for Hurricane Helene project up to $160 billion in damage, driven by widespread infrastructure failure, property loss, business disruption, and long-term recovery costs.
September 30, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Georgia
Kentucky
North Carolina
Ohio

Helene Hits Florida as Category 4 Hurricane, Unveils Critical Flood Insurance Gap
Hurricane Helene’s catastrophic flooding from Florida to North Carolina exposes the serious lack of flood insurance coverage among homeowners, especially in inland areas, highlighting the increasing risks from extreme weather events.
September 30, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Georgia
Kentucky
North Carolina
South Carolina

Hurricane Helene Targets Florida with Powerful Storm Surge and Inland Flooding Threats
Hurricane Helene is intensifying as it heads toward Florida’s Gulf Coast, threatening life-threatening storm surges, widespread flooding, and strong winds that will reach far inland across the Southeast.
September 25, 2024
Catastrophe
Litigation
Property
Risk Management
Alabama
Florida
Georgia
Kentucky
North Carolina

Why Hurricane Helene Could Be One of the Most Dangerous Storms in Years
Hurricane Helene is forecast to intensify rapidly as it nears Florida, with major impacts expected across the Southeast, including extreme winds, flooding, and widespread storm surge.
September 25, 2024
Catastrophe
Litigation
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina

Roof Damage Claims Surge Nationwide Amid Extreme Weather and Rising Costs
The surge in roof damage claims, driven by extreme weather and rising repair costs, is creating significant challenges for insurers, with increased fraud and evolving policy terms adding to the crisis.
September 11, 2024
Fraud
Legislation & Regulation
Property
Risk Management
Alabama
Arkansas
Florida
Illinois
Minnesota

Atlantic Hurricane Activity Expected to Surge in September as Conditions Favor Storm Formation
Meteorologists predict an active September in the Atlantic, with up to 10 named storms potentially forming as reduced wind shear and dry air create favorable conditions for hurricane development.
August 28, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
New York
North Carolina
Pennsylvania
South Carolina

Federal Policy Conflicts Could Raise Flood Insurance Costs, Leave Thousands Unaware of Dam Risks
Conflicting federal policies hinder communities from accessing vital dam failure data, potentially raising flood insurance costs and leaving residents unaware of flood risks.
August 26, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Arizona
California
Colorado
Georgia
Minnesota

Hurricane Rainfall Predicted to Intensify in Frequency and Impact
A DeepSky Research report predicts a 300% rise in extreme hurricane rainfall frequency and a 33% increase in severity, highlighting the urgent need for preparedness as hurricane impacts are expected to worsen rapidly.
August 26, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Louisiana
Mississippi
North Carolina
South Carolina

Majority of Hurricane Debby Damage Occurred Outside FEMA Flood Zones, Highlights Coverage Gaps
Hurricane Debby caused $12.3 billion in damage, with 78% of affected properties located outside FEMA-designated flood zones. The event underscores the need for updated flood risk assessments and broader insurance coverage.
August 14, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Georgia
Maryland
North Carolina
Pennsylvania

Hurricane Debby Hits Florida’s Big Bend, Promises Severe Southeast Flooding
Hurricane Debby has made landfall in Florida’s Big Bend with maximum sustained winds of 80 mph, leading to potential historic flooding from northern Florida to the Carolinas, along with gusty winds, storm surge, and tornadoes.
August 5, 2024
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina
Virginia

Insights from Allianz Atlantic Hurricane Forecast
The 2024 Atlantic hurricane season, starting June 1 and ending November 30, is predicted to be particularly active. Allianz Commercial offers insights into this year’s forecast, reviewing notable 2023 storms and providing expert advice on storm preparedness.
June 6, 2024
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina

Trio Pleads Guilty to Wire Fraud in Home Improvement Store Scheme
Donovan Young, Aaron Young, and James Hoffman face up to 20 years in federal prison for their involvement in a wire fraud conspiracy defrauding home improvement stores.
May 31, 2024
Fraud
Legislation & Regulation
Litigation
Property
South Carolina

Real Estate Fraud Scheme Leads to Prison Sentence for North Carolina Man
Dennis S. Lepka, Jr. was sentenced to six and a half years in federal prison for orchestrating a fraudulent real estate scheme, targeting vulnerable communities and causing significant financial losses.
May 31, 2024
Fraud
Legislation & Regulation
Litigation
Property
North Carolina
South Carolina

South Carolina Saloon Shutters Amid Liquor Liability Law Pressures
The Blind Horse Saloon in Greenville, South Carolina, closes its doors after 29 years, citing the burden of the state’s stringent liquor liability insurance laws as the primary reason.
May 16, 2024
Insurance Industry
Legislation & Regulation
Liability
Litigation
South Carolina

South Carolina Supreme Court Modifies Ruling on Ergonomics and Workers’ Compensation Case
The South Carolina Supreme Court has affirmed, with modifications, a court decision on the relevance of ergonomics evidence in a repetitive trauma injury claim.
April 12, 2024
Legislation & Regulation
Life & Health
Litigation
Workers' Compensation
South Carolina



