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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

Regulatory Concerns Over Insurance Investments Impact Everton’s Prospective Purchase

State regulators in Utah and South Carolina challenge A-Cap’s financial ties with 777 Partners, complicating the firm’s bid for Everton FC amid broader concerns for policyholder security.
April 2, 2024 Insurance Industry Legislation & Regulation South Carolina Utah

Homeowners Brace for Further Hikes Amid Climate and Market Pressures

As homeowners grapple with a 19.8% spike in insurance rates, projections show a relentless 6% increase into 2024, heavily influenced by climate change and severe weather patterns.
April 1, 2024 Catastrophe Legislation & Regulation Property Connecticut Florida Illinois Louisiana Maine
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