Sea Level Rise by 2100 Could Displace Millions and Damage $1 Trillion in Property

A one-meter rise in sea levels by 2100 may expose over 14 million people and $1 trillion worth of property to flooding, erosion, and subsidence along the Southeast Atlantic coast.
November 22 Catastrophe Legislation & Regulation Property Risk Management Florida Virginia

Rising Inland Flood Risk Demands Urgent Attention in U.S.

The Insurance Information Institute’s latest report highlights the increasing flood risks faced by inland areas due to shifting weather patterns. Hurricanes, tropical storms, and thunderstorms are pushing the boundaries of flood-prone regions, underscoring the need for better insurance coverage, flood resilience, and mitigation strategies to bridge the protection gap in non-coastal communities.
November 14 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Kentucky New Jersey New York

Widespread Flooding from Hurricane Helene Spotlights Inland Insurance Gaps

The devastation from Hurricane Helene reveals a significant inland flood-protection gap, particularly in flood-prone communities without sufficient insurance coverage, where misinformation and funding challenges further slow recovery efforts.
October 28 Catastrophe Insurance Industry Legislation & Regulation Risk Management Florida Georgia Kentucky New Jersey New York

Natural Catastrophe Losses in 2024 Near Average Amid Escalating Late-Season Storm Risks

Insured losses from global natural catastrophes exceeded the 10-year average, driven by frequent storms and floods, while total economic losses for 2024 remained slightly below average.
October 17 Catastrophe Insurance Industry Property Risk Management Florida North Carolina Tennessee Virginia

Climate Change Intensifies Hurricane Helene’s Impact on Coastal and Inland Communities

Hurricane Helene, a Category 4 storm, caused catastrophic flooding and destruction from Florida’s coast to the Southern Appalachians. Research shows climate change intensified its rainfall, winds, and flooding risks.
October 11 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia North Carolina South Carolina Tennessee

Dockworkers Reach Tentative Deal, Strike Suspended Until January

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.
October 4 Legislation & Regulation Litigation Risk Management Alabama Florida Georgia Louisiana Maryland

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 Catastrophe Insurance Industry Property Risk Management Florida Georgia Kentucky North Carolina Ohio

Key Restaurant Insurance Claims Insights to Help Adjusters Minimize Payouts

Understand the most frequent and costly insurance claims in the restaurant industry, from equipment breakdown to employee injury, and how claims adjusters can help mitigate risks.
September 30 Liability Property Risk Management Workers' Compensation California Florida Michigan Mississippi New Jersey

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 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 Catastrophe Litigation Property Risk Management Alabama Florida Georgia Kentucky North Carolina

Pets Overcoming Unusual Mishaps Compete for Nationwide’s 2024 Hambone Award

Nationwide’s 16th annual Hambone Award highlights bizarre pet incidents like a puzzle-eating pup and a toenail-tangled parrot, with voting open through August 22, 2024, to determine the most unusual pet insurance claim.
August 21 Education & Training Insurance Industry Risk Management Weird Florida Massachusetts New Jersey North Carolina Oregon

Congress Probes Alleged Exploitative Practices by Health Insurers and MultiPlan

Lawmakers are questioning health insurance regulators and MultiPlan’s role in reducing payments to medical providers, which may lead to higher costs for patients and employers, raising concerns about transparency and potential conflicts of interest.
August 21 Insurance Industry Legislation & Regulation Life & Health Litigation California Massachusetts Minnesota Oregon Virginia

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 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia Maryland North Carolina Pennsylvania

Boar’s Head Faces Lawsuits Over Listeria Outbreak

Boar’s Head is facing legal challenges after a massive product recall due to potential Listeria contamination.
August 8 Life & Health Litigation Missouri New York Virginia

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 Catastrophe Legislation & Regulation Property Risk Management Florida Georgia North Carolina South Carolina Virginia

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