Atlantic Tropical Threats Develop as Hawaii Faces More Storm Rain
Two Atlantic disturbances have a chance to develop this week, while Moke brings more rain and flood concerns to storm-weary Hawaii.
August 24
Catastrophe
Insurance Industry
Property
Risk Management
Virginia Insurance Agent Pleads Guilty in $164K Premium Fraud Scheme
A Virginia insurance agent admitted diverting client premiums for personal use, causing policies to lapse or never take effect and leaving customers with coverage they believed was active.
August 24
Fraud
Insurance Industry
Litigation
Property
Maryland
Virginia
Hurricane Lala Triggers First U.S. Coral Reef Insurance Payout
A $200,000 parametric payment will fund rapid coral reef assessment and repairs in Hawaii, showing how catastrophe insurance can respond without the traditional claims adjustment process.
August 24
Catastrophe
Insurance Industry
Property
Risk Management
Technology
Hawaii
Catastrophe Models Lack Key Data on How Disasters Unfold
Catastrophe models can map where damage occurred, but often lack detailed data showing when and how an event developed. Continuous satellite observations could improve wildfire modeling, claims aggregation, hours clauses, parametric triggers, and mitigation credits.
August 24
Catastrophe
Insurance Industry
Property
Risk Management
Technology
Rising Equipment Values Raise Inland Marine Claims Stakes
Data center construction, tariffs and equipment shortages are pushing insured values higher and complicating replacement-cost and loss-of-use calculations after inland marine losses.
August 20
Insurance Industry
Marine
Property
Risk Management
Underwriting
Washington Court Sets High Bar for Challenging Construction Liens
A Washington appeals court ruled that disputed questions involving contractor performance, workmanship, and payment generally cannot be resolved through the state’s expedited construction lien procedure.
August 20
Legislation & Regulation
Liability
Litigation
Property
Washington
AIG CEO: AI Data Centers Are Maxing Out P&C Insurance Limits
AIG CEO Eric Andersen says the AI data center buildout is driving demand across construction, property, cyber and liability insurance, while pushing required P&C limits to unusually high levels.
August 13
Insurance Industry
Liability
Property
Risk Management
Technology
Tornado Alley Shift East Raises Insurance Claim Severity
Tornado and severe thunderstorm activity is shifting toward more populated areas in the eastern U.S., where higher property exposure and reconstruction costs are increasing insurance claim severity even as national tornado volume declines.
August 13
Catastrophe
Insurance Industry
Property
Risk Management
Illinois
Indiana
Kansas
Oklahoma
Texas
Private Hurricane Evacuation Service Offers Florida Residents Guaranteed Flights
A new Florida company is offering annual memberships that guarantee seats on chartered evacuation flights during hurricanes. The service raises questions about disaster preparedness, evacuation access, and how private solutions may reshape catastrophe response.
August 6
Catastrophe
Property
Risk Management
Florida
Georgia
Home Washer Leak Sparks $167K Insurance Subrogation Lawsuit Against LG
A Florida insurer alleges a defective LG washing machine caused extensive water damage and is seeking reimbursement through a product liability subrogation lawsuit. The case underscores the importance of origin and cause investigations and evidence preservation in property claims.
August 6
Litigation
Property
Subrogation
Florida
Why August Marks the Start of the Atlantic Hurricane Season’s Busiest Period
August brings warmer ocean waters, lower wind shear, and more tropical waves, creating conditions that favor hurricane development. Early August activity can also offer clues about how active the rest of the Atlantic season may become.
August 4
Catastrophe
Property
Risk Management
Florida
Georgia
North Carolina
South Carolina
Washington Wildfires Destroy More Than 600 Structures, Force 60,000 Evacuations
Multiple fast-moving wildfires remain 0% contained as evacuations continue across the Spokane region. Claims adjusters should prepare for significant residential, commercial, and infrastructure losses as damage assessments begin.
August 3
Catastrophe
Property
Risk Management
Washington
Final Defendant Sentenced in $6.6M Florida Insurance Fraud Scheme
A South Florida fraud scheme manipulated lender-placed homeowners insurance policies, resulting in $6.6 million in illicit gains. The final defendant received nearly four years in prison, closing a case that highlights vulnerabilities in insurance placement and premium disbursement.
August 3
Fraud
Insurance Industry
Litigation
Property
Florida
Burglars Use Instagram to Target Empty Homes as August Theft Claims Peak
Allstate says burglary claims reach their highest point in August as many travelers share their trips on social media. The trend highlights theft prevention, homeowners coverage limits, and documentation steps that can affect insurance claims.
August 3
Insurance Industry
Property
Risk Management
Technology
Triple-I: Wildfire Risk Expands Beyond the West as Heat Waves Drive US Fire Exposure
A new Insurance Information Institute brief says heat waves, drought and development in the wildland-urban interface are driving wildfire exposure beyond the Western United States, creating new underwriting and claims challenges for insurers.
August 3
Catastrophe
Legislation & Regulation
Property
Risk Management
Underwriting
California
Florida
Georgia
Nebraska
