How Insurance Would Cover a Star-Studded Wedding Like Taylor Swift and Travis Kelce’s

From high-limit liability to cyber protection and paparazzi risks, insuring a celebrity wedding like Swift and Kelce’s involves complex underwriting and custom coverage.
August 28 Catastrophe Insurance Industry Liability Risk Management

How Large Language Models Are Transforming Catastrophe Risk Modeling

Large language models are reshaping catastrophe modeling by integrating real-time unstructured data, enabling insurers to shift from reactive assessment to proactive mitigation.
August 26 Catastrophe Property Risk Management Technology California

Key Loss Adjusting Trends Shaping Property Claims in 2025

Sedgwick’s 2025 Loss Adjusting Insights Report explores the top nine trends—from tariffs and tech to legislation and climate change—reshaping property claims today.
August 25 Catastrophe Legislation & Regulation Property Technology California Florida Hawaii Illinois Iowa

Hurricane Erin Threatens East Coast with Life-Threatening Surf and Evacuations Ordered in North Carolina

Hurricane Erin, now a powerful Category 4 storm, is forecast to bring dangerous surf and rip currents to the eastern U.S., prompting mandatory evacuations in coastal North Carolina.
August 18 Catastrophe Insurance Industry Property Risk Management Florida North Carolina

Nonprofit Revives NOAA Billion-Dollar Disaster Data to Support Risk Modeling

Climate Central will take over the halted NOAA database of billion-dollar disasters, expanding its scope to support insurers, researchers, and public safety planning.
August 14 Catastrophe Legislation & Regulation Property Risk Management

Record-Breaking Insured Losses in 2025 Highlight Growing Impact of U.S. Wildfires and Storms

The first half of 2025 brought $84 billion in insured catastrophe losses, driven by U.S. wildfires and severe convective storms, making it the costliest H1 since 2011.
August 14 Catastrophe Insurance Industry Property Risk Management California Florida New Jersey New York North Carolina

Tropical Storm Erin on Track to Become Hurricane with Impacts Likely in Northern Caribbean

Tropical Storm Erin may strengthen into a hurricane by Friday, with potential impacts including high surf and rip currents in the northern Leeward Islands, Virgin Islands, and Puerto Rico.
August 14 Catastrophe Insurance Industry Property Risk Management Florida

NOAA Maintains Above-Normal Hurricane Season Outlook With Updated 2025 Forecast

NOAA’s updated 2025 Atlantic hurricane forecast still calls for above-normal activity, with 13-18 named storms expected and up to five major hurricanes possible.
August 8 Catastrophe Legislation & Regulation Property Risk Management

Fraud Strikes Over One-Third of Americans Impacted by Natural Disasters, AICPA Survey Reveals

A new AICPA survey finds 37% of Americans impacted by natural disasters experienced fraud, with identity theft and contractor scams among the top reported schemes.
August 5 Catastrophe Fraud Insurance Industry Risk Management

Truck Crash Spills Thousands of Hot Dogs Across Pennsylvania Interstate

A mechanical failure caused a tractor-trailer to rupture along I-83 in Shrewsbury, Pennsylvania, spilling a load of hot dogs and briefly halting traffic in both directions.
August 4 Auto Catastrophe Property Risk Management Pennsylvania

California FAIR Plan Faces Legal Action Over Alleged Smoke Damage Claim Denials

California’s insurance commissioner accuses the FAIR Plan of violating claims laws and misleading regulators over wildfire smoke damage coverage, sparking a rare enforcement case.
August 4 Catastrophe Legislation & Regulation Litigation Property California Colorado

Quiet Start to 2025 Hurricane Season May Be Deceiving as Forecasters Predict Spike in Storms Ahead

Although the Atlantic hurricane season began quietly, meteorologists warn that most tropical activity typically occurs after August 1 and that conditions are ripe for storms ahead.
August 1 Catastrophe Insurance Industry Property Risk Management Florida Louisiana

How Allstate Transformed a $145 Million Loss into a $1.28 Billion Underwriting Win

Allstate reversed massive losses by refining its underwriting strategy, focusing on risk selection, pricing precision, and catastrophe readiness to deliver billion-dollar gains.
August 1 Catastrophe Insurance Industry Property Risk Management

Insurance Industry Under Pressure as AI Data Centers Expand Rapidly Across the U.S.

As AI-fueled mega data centers multiply, insurers face mounting pressure to provide sufficient capacity and specialized coverage to meet soaring operational risks.
August 1 Catastrophe Property Risk Management Technology Louisiana Ohio

Rare Russian Earthquake Sends Tsunami Waves Across Pacific and Underscores Gaps in U.S. Flood Coverage

An 8.8 magnitude quake near Russia’s Kamchatka Peninsula triggered tsunami alerts across the Pacific, spotlighting flood insurance gaps and the unpredictability of natural disasters.
August 1 Catastrophe Legislation & Regulation Property Risk Management Alaska Hawaii New Mexico Oregon Texas
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