Natural Disasters Caused $368 Billion in Damage Last Year, Aon Report Reveals

The 2025 Climate and Catastrophe Insight Report by Aon highlights how hurricanes, severe storms, and global flooding pushed disaster losses to $368 billion in 2024, exposing critical insurance gaps.
January 29 Catastrophe Insurance Industry Property Risk Management Florida Georgia North Carolina South Carolina Tennessee

Boca Raton Dentist Arrested for $157K Insurance Fraud Targeting Major Carriers

A Boca Raton dentist faces multiple felony charges for allegedly fabricating claims to defraud MetLife, Delta Dental, and Aetna of $157,000, according to investigators.
January 28 Fraud Insurance Industry Legislation & Regulation Litigation Florida

Florida’s House Bill Proposes Bold Changes to Windstorm Insurance

Florida’s HB13 aims to expand Citizens Property Insurance to provide windstorm coverage for all homeowners, addressing gaps in the private market and enhancing hurricane resilience.
January 27 Catastrophe Legislation & Regulation Property Risk Management California Florida

How Wildfires in California Highlight Gaps in Public Understanding of Property Insurance

The fallout from California’s wildfires reveals a widespread lack of understanding about risk assessment, policy renewals, and the structure of insurance companies among the general public.
January 24 Catastrophe Legislation & Regulation Property Risk Management California Florida

Does Florida’s Roof Age Rule Hinder Adoption of Hurricane-Resilient Roof Systems?

Builders argue that Florida’s 15-year roof age rule limits the use of advanced, wind-resistant materials, as insurers remain skeptical despite their potential to reduce hurricane losses.
January 24 Legislation & Regulation Property Risk Management Technology Florida Louisiana

Historic Snowstorm Brings Chaos to US South With Record-Breaking Cold and Snowfall

A rare snowstorm dumped record amounts of snow across the US South, causing travel chaos, frozen pipes, and widespread disruptions in states unprepared for such severe winter weather.
January 24 Catastrophe Property Risk Management Technology Arkansas Florida Georgia Louisiana Oklahoma

Health Insurance Fraud Case Resolved by Austin-Based Small Group Business

An Austin-based small group health insurer settles allegations of fraudulent billing practices, emphasizing the need for transparency and ethical standards in health insurance claims.
January 23 Fraud Legislation & Regulation Life & Health Risk Management Alabama Arizona Arkansas Florida Louisiana

U.S. Insurance Leaders Critique Treasury Report on Homeowners Coverage Trends

Industry groups criticize the Federal Insurance Office’s latest report on homeowners insurance, highlighting data flaws and an overemphasis on climate risks at the expense of other market factors.
January 22 Catastrophe Legislation & Regulation Litigation Property California Florida Louisiana

Reforms in Louisiana Strive to Mend Insurance Market Challenges

Despite progress through legislative reforms, Louisiana’s insurance market remains burdened by high costs, litigation, and affordability issues, requiring ongoing attention.
January 22 Auto Legislation & Regulation Litigation Property Florida Georgia Louisiana North Carolina

Record Catastrophe Bond Issuance of $17.7 Billion in 2024

Catastrophe bonds and related insurance-linked securities surged to a record $17.7 billion in issuance during 2024, driven by a robust first half and strong year-end performance.
January 21 Catastrophe Property Risk Management Technology California Florida Louisiana Massachusetts Texas

Florida and Alabama Declare Emergencies as Rare Snowstorm Approaches

Florida and Alabama declared states of emergency as a rare snowstorm approached the region, prompting closures, emergency measures, and National Guard activation.
January 21 Catastrophe Insurance Industry Legislation & Regulation Risk Management Alabama Florida

What the Basquiat Forgeries Teach About Art Insurance for Homeowners

The $19.7 million Basquiat forgery case highlights the importance of proper appraisals and tailored insurance coverage for art and collectibles, even for homeowners.
January 20 Insurance Industry Litigation Property Risk Management Florida

Rising Risks in Homeowners Insurance Demand Swift Action

The accelerating impacts of climate change, coupled with slow government response and human reluctance to prepare, are driving a homeowners insurance crisis in wildfire-prone states like California.
January 14 Catastrophe Legislation & Regulation Property Risk Management California Colorado Florida Hawaii Louisiana

Florida Couple Accused of Running $11 Million Insurance Fraud Scheme via Unauthorized Dental Practices

A Florida couple allegedly orchestrated an $11 million insurance fraud scheme through unauthorized dental practices, deceiving patients and insurers to fund a luxury lifestyle.
January 7 Fraud Insurance Industry Legislation & Regulation Risk Management Florida

Florida Condo Owners Brace for Higher Costs Amid New Safety Rules

Florida’s condo owners confront rising fees due to stricter safety laws aimed at preventing disasters like the 2021 Surfside collapse, with inspections, reserve funding, and insurance costs at the forefront.
January 6 Insurance Industry Legislation & Regulation Property Risk Management Florida
SOS Ladder AssistMid-America Catastrophe ServicesAspen Claims ServiceU.S. ForensicWeller Salvage