Neutral Pacific Waters Signal Potential Spike in Atlantic Hurricanes
With La Niña officially over and El Niño unlikely, the Atlantic may face an active hurricane season as neutral Pacific conditions remove key storm barriers.
April 21
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Florida
Louisiana
Mississippi
Texas
Why Climate Resilience Requires Both Parametric and Traditional Insurance Solutions
As billion-dollar weather disasters escalate, combining parametric and traditional insurance offers a faster, more adaptive recovery solution for policyholders across the U.S.
April 15
Catastrophe
Insurance Industry
Property
Technology
California
Florida
Louisiana
Mississippi
Where Home Insurance Still Costs Under $1,200 a Year
As extreme weather drives up insurance rates nationwide, a few Midwestern states still offer annual home insurance premiums under $1,200 thanks to lower risk and better mitigation.
April 8
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Indiana
Louisiana
North Carolina
Ohio
How Louisiana Can Unlock Social Mobility and Reclaim the American Dream
Louisiana ranks last in social mobility, but reforms in education, licensing, taxation, and regulation offer hope for progress and a renewed path to the American Dream.
April 4
Education & Training
Insurance Industry
Legislation & Regulation
Liability
Louisiana
Former New Orleans Officer and Nevada Attorney Accused in Insurance Fraud Scheme
A former police officer and current attorney is accused of orchestrating an insurance fraud scheme involving inflated art valuations and false police reports.
March 3
Fraud
Insurance Industry
Liability
Litigation
California
Louisiana
Nevada
Rising Insurance Costs and Severe Thunderstorms: How Convective Storms Are Reshaping Risk
Severe convective storms are a major driver of rising insurance costs, with hail, tornadoes, and strong winds causing billions in property damage. Understanding storm patterns can help insurers manage risk effectively.
February 24
Catastrophe
Insurance Industry
Property
Risk Management
Alabama
Florida
Georgia
Illinois
Indiana
Uninsured and Underinsured Drivers on the Rise in 2023, IRC Report Finds
A new Insurance Research Council (IRC) report reveals that over 33% of U.S. drivers in 2023 lacked sufficient auto insurance, marking a significant increase since 2017.
February 21
Auto
Insurance Industry
Legislation & Regulation
Risk Management
Colorado
District Of Columbia
Florida
Georgia
Kentucky
Texas Law Firm Escapes $2M Fine for Alleged Hurricane Laura Insurance Fraud
A judge ruled that Louisiana’s insurance regulator lacked authority to fine McClenny, Moseley & Associates for alleged fraudulent hurricane claims, sparking further legal debate.
February 6
Catastrophe
Fraud
Legislation & Regulation
Litigation
Louisiana
Texas
Tort Costs Rising Faster Than Inflation and GDP, Study Finds
A new study from the Institute for Legal Reform reveals that U.S. tort costs have risen at an annual rate of 7.1% from 2016 to 2022, exceeding both inflation and GDP growth.
February 6
Insurance Industry
Legislation & Regulation
Liability
Litigation
Alaska
California
Delaware
Florida
Louisiana
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
