Where Home Insurance Still Costs Under $1,200 a Year
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
April 8
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Indiana
Louisiana
North Carolina
Ohio
Historic Flooding Threat Intensifies Across Central US After Devastating Storms and Tornadoes
Following deadly tornadoes and widespread storm damage, central US states now face a rare high-risk flood event that could bring once-in-a-generation impacts.
April 4
Catastrophe
Property
Arkansas
Indiana
Kentucky
Mississippi
Missouri
Judge Rejects J&J’s $10B Settlement, Citing Insufficient Plaintiff Support
A judge has rejected Johnson & Johnson’s $10 billion settlement proposal for talc-related ovarian cancer lawsuits, citing insufficient plaintiff support and procedural flaws. The decision forces J&J back to the tort system, impacting potential future claims and litigation strategies for insurers.
April 2
Insurance Industry
Liability
Litigation
Risk Management
Texas
Gen Z’s Mortgage Risk: Climate Change & Insurance Costs
Rising insurance premiums and climate-related disasters are forcing Gen Z to scrutinize weather patterns before buying homes, reshaping the American Dream.
March 25
Catastrophe
Insurance Industry
Property
Risk Management
Technology
Florida
Texas
Texas Measles Outbreak Raises Alarms Nationwide as Infections Cross State Lines
Texas’ largest measles outbreak in decades has spread to New Mexico and Oklahoma, with experts warning it could become a national crisis without swift vaccination efforts.
March 24
Education & Training
Legislation & Regulation
Life & Health
Risk Management
Illinois
New Mexico
New York
Oklahoma
Texas
Texas Beekeepers Face Unprecedented Losses as Bee Populations Plummet
Texas beekeepers have lost nearly two-thirds of their honey bee colonies, threatening pollination services and increasing produce costs. Experts cite multiple factors but lack a clear cause.
March 5
Insurance Industry
Legislation & Regulation
Property
Risk Management
Texas
Rising Insurance Costs and Severe Thunderstorms: How Convective Storms Are Reshaping Risk
Severe convective storms are a major driver of rising insurance costs, with hail, tornadoes, and strong winds causing billions in property damage. Understanding storm patterns can help insurers manage risk effectively.
February 24
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Florida
Georgia
Illinois
Indiana
Two Men Face Prison for $161M Obamacare Fraud Scheme
Two individuals allegedly defrauded the Affordable Care Act by submitting false applications, leading to millions in commissions and subsidy fraud. They face multiple federal charges.
February 21
Fraud
Insurance Industry
Legislation & Regulation
Life & Health
Florida
Texas
Dallas Man Sentenced to Over 13 Years for $5M Insurance Fraud Scheme
A Texas man was sentenced to 157 months in federal prison for orchestrating a $4.4 million insurance fraud scheme that involved stolen client information and misdirected payments.
February 21
Fraud
Insurance Industry
Litigation
Risk Management
Texas
Texas Law Firm Escapes $2M Fine for Alleged Hurricane Laura Insurance Fraud
A judge ruled that Louisiana’s insurance regulator lacked authority to fine McClenny, Moseley & Associates for alleged fraudulent hurricane claims, sparking further legal debate.
February 6
Catastrophe
Fraud
Legislation & Regulation
Litigation
Louisiana
Texas
Historic Snowstorm Brings Chaos to US South With Record-Breaking Cold and Snowfall
A rare snowstorm dumped record amounts of snow across the US South, causing travel chaos, frozen pipes, and widespread disruptions in states unprepared for such severe winter weather.
January 24
Catastrophe
Property
Risk Management
Technology
Arkansas
Florida
Georgia
Louisiana
Oklahoma
Health Insurance Fraud Case Resolved by Austin-Based Small Group Business
An Austin-based small group health insurer settles allegations of fraudulent billing practices, emphasizing the need for transparency and ethical standards in health insurance claims.
January 23
Fraud
Legislation & Regulation
Life & Health
Risk Management
Alabama
Arizona
Arkansas
Florida
Louisiana
Cargo Theft Hits Unprecedented Highs in 2024, with $202K Average Loss Per Incident
Cargo theft incidents surged 27% in 2024, reaching 3,625 reported cases in the U.S. and Canada. California and Texas were hit hardest, with criminals shifting to high-value targets like electronics and copper.
January 23
Fraud
Property
Risk Management
Technology
California
Georgia
New York
Texas
Record Catastrophe Bond Issuance of $17.7 Billion in 2024
Catastrophe bonds and related insurance-linked securities surged to a record $17.7 billion in issuance during 2024, driven by a robust first half and strong year-end performance.
January 21
Catastrophe
Property
Risk Management
Technology
California
Florida
Louisiana
Massachusetts
Texas
General Motors Agrees to FTC Settlement Over Driver Data Privacy Issues
General Motors will be restricted from collecting and sharing driver data for five years following an FTC settlement addressing claims of undisclosed data sales to third parties.
January 20
Legislation & Regulation
Litigation
Risk Management
Technology
Texas
