Florida faces a potential real estate downturn as home insurance premiums skyrocket, making mortgages increasingly difficult to obtain.
  January 24   Live Insurance News Catastrophe Legislation & Regulation Property Florida

McClenny, Moseley & Associates, a Texas law firm, is ordered to pay over $10 million for fraudulent activities related to hurricane insurance claims.
  January 23   Insurance Business Catastrophe Fraud Litigation Property Louisiana Texas

Florida aims to bolster its hurricane catastrophe fund by borrowing up to $3.8 billion through municipal bonds to support property insurers against hurricane losses.
  January 23   Insurance Business Catastrophe Insurance Industry Legislation & Regulation Property Florida

In a move to streamline disaster relief, FEMA is set to introduce faster fund access, broader repair eligibility, and an easier application process for disaster survivors.
  January 22   FEMA.gov Catastrophe Legislation & Regulation Property Risk Management

Gallagher Re’s report reveals that secondary perils and severe weather events have led to global insured losses of $123 billion in 2023, marking a concerning trend in climate-related damages.
  January 18   Gallagher Re Catastrophe Insurance Industry Risk Management

A severe winter storm brings a spate of dangerous avalanches, resulting in fatalities and heightened risks in the western U.S. during the long Martin Luther King Jr. Day weekend.
  January 16   Insurance Journal Catastrophe Insurance Industry Property Risk Management California Idaho

A recent webinar with Hartford Steam Boiler and IoT Insurance Observatory experts reveals the imperative shift from potential to mass deployment in the IoT sector for insurance.
  January 16   Insurance Thought Leadership Catastrophe Insurance Industry Risk Management Technology

House Bill 1213, proposed by State Representatives Spencer Roach and Hillary Cassel, seeks to make Citizens Property Insurance a primary option for windstorm coverage in Florida.
  January 16   Insurance Business Catastrophe Insurance Industry Legislation & Regulation Property Florida

The new federal catastrophe reinsurance bill faces scrutiny from America’s insurers, highlighting concerns over policyholder costs and insurance access.
  January 15   Insurance Business Catastrophe Insurance Industry Legislation & Regulation Risk Management California

After a lengthy legal battle, the city of Jackson, Mississippi, is set to receive $10.3 million from Zurich American Insurance for damages from a 2013 hailstorm.
  January 12   Insurance Business Catastrophe Insurance Industry Litigation Property Mississippi

Eastern Australia faces unexpected and prolonged deluge, causing extensive damage to homes and crops, challenging the typical preparations for wildfire season.
  January 12   Insurance Journal Catastrophe Risk Management

Moody’s RMS analysis predicts insured losses from the January 1 Noto Peninsula earthquake in Japan to range between $3 to $6 billion, covering various impacts.
  January 12   Insurance Business Catastrophe Insurance Industry Risk Management Technology

Two stray dogs are responsible for extensive damage at G Motors in Houston, tearing bumpers and scratching paint off vehicles.
  January 11   Insurance Journal Catastrophe Liability Property Weird Texas

The family of a British tourist receives a $100 million settlement for the 2018 Grand Canyon helicopter crash that resulted in five deaths, including the tourist’s.
  January 11   Claims Journal Catastrophe Legislation & Regulation Liability Risk Management Nevada

Heavy snowfall and high winds cause widespread power outages and force the closure of highways and ski resorts in Oregon and Washington.
  January 11   Insurance Journal Catastrophe Insurance Industry Property Risk Management Oregon Washington

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