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Climate Models Grow More Accurate as Insurers Face Rising Extreme Weather Risks

Climate Models Grow More Accurate as Insurers Face Rising Extreme Weather Risks

Advances in climate attribution science are helping insurers better estimate future catastrophe risks, even as political scrutiny over climate models intensifies.
July 10 Catastrophe Insurance Industry Property Risk Management Technology

CSU Cuts 2026 Atlantic Hurricane Forecast Again as Strong El Niño Expected to Suppress Storms

CSU Cuts 2026 Atlantic Hurricane Forecast Again as Strong El Niño Expected to Suppress Storms

Colorado State University has reduced its Atlantic hurricane outlook for the second time this season, citing growing confidence that a strong to very strong El Niño will sharply limit tropical cyclone activity through the peak of the season.
July 9 Catastrophe Property Risk Management Technology Florida Texas

Wind Mitigation Discounts Alone Won’t Stop Property Insurance Premium Surge, Studies Say

Wind Mitigation Discounts Alone Won’t Stop Property Insurance Premium Surge, Studies Say

Two new studies conclude that mitigation discounts encourage home hardening for some property owners but fail to overcome affordability barriers for many households, even as climate-driven insurance costs continue to rise across much of the Southeast.
July 9 Catastrophe Property Risk Management Underwriting California Florida Louisiana North Carolina South Carolina

California Wildfire Contractor Fraud Leaves Homeowner Out $18,000

California Wildfire Contractor Fraud Leaves Homeowner Out $18,000

A California wildfire survivor says an unlicensed contractor took an $18,000 payment before abandoning the project. Insurance and fraud experts say similar scams are increasing after natural disasters across the United States.
July 7 Catastrophe Fraud Insurance Industry Property California

State Farm Releases Illinois Weather Data Showing 50,000 Catastrophe Claims Amid Rate Dispute

State Farm Releases Illinois Weather Data Showing 50,000 Catastrophe Claims Amid Rate Dispute

State Farm says Illinois homeowners filed 50,000 severe weather claims through mid-June as tornadoes and hail continue driving losses. The new data adds context to the insurer's ongoing dispute with Illinois regulators over homeowners insurance rates.
July 6 Catastrophe Insurance Industry Legislation & Regulation Property Underwriting Illinois

Strong El Niño Forecast Signals Higher Weather Loss Risks for Insurers

Strong El Niño Forecast Signals Higher Weather Loss Risks for Insurers

The World Meteorological Organization says confidence is growing that a strong El Niño will develop, increasing the likelihood of extreme weather, record temperatures, and catastrophe-related insurance claims through 2026 and into 2027.
July 6 Catastrophe Property Risk Management

Heat Dome to Bring Dangerous Triple Digit Heat Across Much of the U.S.

Heat Dome to Bring Dangerous Triple Digit Heat Across Much of the U.S.

Triple digit heat, wildfire conditions, severe storms, and a tropical disturbance are creating multiple exposures for insurers and claims professionals as millions of Americans face dangerous weather during the holiday week.
June 30 Catastrophe Property Risk Management Workers' Compensation

Venezuela Earthquake Raises Questions Over Insurance and Parametric Coverage

Venezuela Earthquake Raises Questions Over Insurance and Parametric Coverage

A magnitude 7.5 earthquake struck near Caracas after a strong foreshock, prompting warnings of widespread casualties, major economic damage, and uncertainty over insured losses and parametric coverage.
June 25 Catastrophe Property Risk Management

Could a Hurricane Impact the World Cup? History Shows the Risk for Host Cities

Could a Hurricane Impact the World Cup? History Shows the Risk for Host Cities

Historical hurricane data shows tropical storm threats remain relatively low during the World Cup, but several host cities have experienced damaging storms, flooding, and infrastructure losses during June and July.
June 24 Catastrophe Insurance Industry Property Risk Management California Florida Georgia Massachusetts Missouri

Roof Replacement Cycles Shrink as Climate Conditions Increase Property Claims Exposure

Roof Replacement Cycles Shrink as Climate Conditions Increase Property Claims Exposure

New Nearmap research finds that heat, humidity, temperature swings and heavier rainfall are accelerating roof deterioration, increasing replacement frequency and creating new challenges for insurers and claims professionals.
June 24 Catastrophe Insurance Industry Property Risk Management Technology

Verisk: U.S. Property and Casualty Industry Combined Ratio Improves to 92.4%

Verisk: U.S. Property and Casualty Industry Combined Ratio Improves to 92.4%

Improved personal auto results and lower catastrophe losses helped U.S. property and casualty insurers return to strong underwriting profitability. Claims severity and litigation-related costs remain significant concerns for carriers.
June 23 Auto Catastrophe Insurance Industry Legislation & Regulation Litigation

Chesapeake Bay Residents Brace for Severe Thunderstorms, Flooding and Power Outages

Chesapeake Bay Residents Brace for Severe Thunderstorms, Flooding and Power Outages

Extreme heat, damaging winds, power outages and flash flooding are becoming familiar parts of summer across Maryland's Chesapeake Bay region. Residents and property owners are weighing the cost of preparedness against increasing weather risks.
June 22 Catastrophe Property Risk Management Maryland

What Claims Professionals Need to Know About the 2026 Hurricane Season

What Claims Professionals Need to Know About the 2026 Hurricane Season

Forecasters expect fewer Atlantic storms due to El Niño conditions, but growing property values, flood coverage gaps and elevated catastrophe exposure continue to challenge insurers, brokers and claims professionals.
June 22 Catastrophe Insurance Industry Property Risk Management Technology

How Saharan Dust Could Reduce Hurricane Formation Across the Atlantic Basin

How Saharan Dust Could Reduce Hurricane Formation Across the Atlantic Basin

A large plume of dry air and dust from Africa is reducing conditions favorable for tropical storm formation across the Atlantic, though hurricane risks remain as the season progresses.
June 22 Catastrophe Property Risk Management

Moody’s: US Uninsured Flood Losses Could Top $1 Trillion as Flood Protection Gap Widens

Moody’s: US Uninsured Flood Losses Could Top $1 Trillion as Flood Protection Gap Widens

A Moody's analysis found that uninsured residential flood losses could exceed $1 trillion in an extreme flood scenario, with most counties carrying significant protection gaps and growing exposure beyond FEMA flood maps.
June 22 Catastrophe Insurance Industry Property Risk Management Technology
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