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
Oklahoma Man Accused of Damaging TV Weather Radar Amid Militia Group Claims
An Oklahoma man is facing felony charges after allegedly damaging a TV station’s weather radar, with an anti-government militia group later claiming responsibility.
August 1
Legislation & Regulation
Property
Risk Management
Technology
Oklahoma
Texas
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
High Noon Recalls Vodka Seltzers After Label Mix-Up with Celsius Energy Drinks
High Noon is recalling vodka seltzers mistakenly labeled as Celsius energy drinks, leading to a risk of accidental alcohol consumption. No illnesses have been reported.
August 1
Insurance Industry
Legislation & Regulation
Property
Risk Management
Florida
Michigan
New York
Ohio
Oklahoma
US Natural Disasters Push Insured Losses to $80 Billion in First Half of 2025
Munich Re reports $80B in insured losses globally for H1 2025, largely due to record-setting wildfires in Los Angeles and widespread US storm activity earlier this year.
July 29
Catastrophe
Insurance Industry
Property
Risk Management
California
Record Catastrophe Losses Continue into 2025 as Wildfires and Storms Surge
Willis reports that 2025 is on track to exceed $100 billion in insured catastrophe losses for the seventh consecutive year, with wildfires and storms driving early-year impacts.
July 29
Catastrophe
Insurance Industry
Property
Risk Management
California
Hurricane Season Starts Quiet in 2025 but Forecasters Warn of a Volatile Second Half
The 2025 hurricane season has begun with minimal storm activity, but experts warn that conditions could shift dramatically, increasing U.S. landfall risks by mid-September.
July 25
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Digital-Only Insurance Frustrates Older Policyholders as Many Still Prefer Human Interaction
A new survey finds nearly 60% of Baby Boomers prefer speaking to a person over using fully digital insurance tools, signaling the need for hybrid service models.
July 25
Education & Training
Insurance Industry
Property
Technology
California Wildfire Claims Could Drain $21 Billion Insurance Fund Amid Investigation
As insurance losses from the Eaton Fire mount, California’s wildfire fund faces depletion, with scrutiny intensifying over Southern California Edison’s potential liability.
July 25
Catastrophe
Litigation
Property
Subrogation
California
How to Identify Hidden Solar Panel Damage
A recent CLM webinar explored how electroluminescence scanning helps insurance professionals detect microcracks in solar panels and determine damage causation.
July 25
Insurance Industry
Litigation
Property
Technology
Smart Home Tech Shows Strong ROI for Insurers and Homeowners
A new study quantifies the fire risk reduction from Ting, an IoT fire prevention device, showing significant insurance claim savings and added value for both insurers and homeowners.
July 25
Insurance Industry
Property
Risk Management
Technology
Texas Flash Floods Expose Major Insurance Gaps After $1.1 Billion Disaster
Over 120 lives lost and $1.1 billion in damages from the July 4 flash floods in Central Texas, with low flood insurance uptake leaving most homeowners to face rebuilding costs alone.
July 23
Catastrophe
Insurance Industry
Property
Risk Management
Texas
Former Kentucky Warehouse Manager Agrees to Pay $16M in Crop Insurance Fraud Case
A former tobacco warehouse manager in Danville, Kentucky, admitted to helping farmers file fake crop insurance claims and now owes at least $16 million in restitution.
July 21
Fraud
Insurance Industry
Litigation
Property
Kentucky
