The latest storms bring a wave of destruction through the heartland, with the Ohio Valley suffering severe damage, power outages, and injuries.
April 5
NY Post
Catastrophe
Property
Risk Management
Alabama
Georgia
Illinois
Indiana
Kentucky
With snow melt floods posing a growing threat in the U.S., insurance experts highlight the importance of adequate coverage and mitigation strategies.
April 3
Carrier Management
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
California
Illinois
Iowa
Kentucky
Nearly 18 months post-Hurricane Ian, FEMA’s plans to cut flood insurance discounts worry homeowners and officials in Florida.
April 3
Insurance Business
Catastrophe
Legislation & Regulation
Property
Risk Management
Florida
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
Insurify
Catastrophe
Legislation & Regulation
Property
Connecticut
Florida
Illinois
Louisiana
Maine
Record solar installations face unprecedented hailstorm damage, challenging insurers and the renewable energy sector.
April 1
Risk & Insurance
Catastrophe
Technology
Claims adjusters express challenges with roof damage claims, share strategies for dealing with contractors, and navigate industry changes.
March 29
Reddit
Catastrophe
Insurance Industry
Property
Technology
Forecasters warn of an unusually active 2024 Atlantic hurricane season, urging early preparations as conditions favor above-average storm activity.
March 29
Accuweather
Catastrophe
Insurance Industry
Risk Management
Technology
Florida
North Carolina
South Carolina
Texas
Lloyd’s of London anticipates the Francis Scott Key bridge collapse to potentially become the most significant marine insurance loss in history.
March 28
Business Insider
Catastrophe
Insurance Industry
Marine
Risk Management
Maryland
Facing a $38 billion underwriting loss and increased natural catastrophe damages, insurers explore predictive and preventive measures for sustainability.
March 28
Carrier Management
Catastrophe
Insurance Industry
Risk Management
Technology
In 2023, natural disasters led to over $108 billion in insured losses, marking the fourth consecutive year above $100 billion, with severe convective storms hitting a record high.
March 26
Swiss Re
Catastrophe
Property
Risk Management
Technology
California
Florida
Louisiana
The collapse of the Francis Scott Key Bridge, after being struck by a cargo ship, has led to a significant emergency operation and concerns over East Coast shipping logistics.
March 26
USA Today
Catastrophe
Marine
Risk Management
Technology
Maryland
In response to devastating floods, Barre and Montpelier request $3.5 million to elevate homes, providing safer living conditions amid a housing crisis.
March 22
Boston.com
Catastrophe
Legislation & Regulation
Property
Risk Management
Vermont
As crucial summer months approach, Atlantic City faces significant beach erosion, prompting urgent calls for expedited beach replenishment projects.
March 21
NBC New York
Catastrophe
Insurance Industry
Property
Risk Management
New Jersey
Over 660,000 properties were hit by significant hail during early March, surpassing 2023 records and signaling a potentially challenging year for insurers.
March 20
CoreLogic
Catastrophe
Insurance Industry
Property
Risk Management
Arkansas
Illinois
Kansas
Missouri
Oklahoma
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