McKinsey: Farmers Turn to AI as Weather, Costs Strain Agriculture
McKinsey’s survey of 5,500 farmers finds extreme weather is a leading threat to farm profits in several markets, while growers facing tighter margins are delaying purchases and adopting AI for day-to-day decisions.
September 9
Catastrophe
Insurance Industry
Property
Risk Management
TRIA Reauthorization Won’t Eliminate Terrorism Insurance Coverage Gaps
Congress is moving toward extending the federal terrorism insurance program through 2034, but certification requirements, cyber risks and exclusions in underlying policies could still determine whether losses are covered after an attack.
September 8
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Technology
EPA Plan Could Reduce Public Notice for Data Center Air Pollution Permits
An EPA proposal would eliminate minimum federal public-notice and comment requirements for certain air pollution permits, leaving states and local agencies to determine how much public participation is required. The change comes as AI data center construction raises questions about pollution, power demand, water use and community impacts.
September 8
Legislation & Regulation
Liability
Property
Risk Management
Technology
Alabama
California
Georgia
Texas
Virginia
Extreme Drought Covers 44% of Puerto Rico as Water and Farm Losses Mount
Extreme drought covered 44% of Puerto Rico by late August after rainfall fell far below normal in parts of the territory. Water rationing, crop losses and dwindling hay supplies have accompanied local and federal disaster declarations.
September 8
Catastrophe
Insurance Industry
Property
Risk Management
Florida Aviation Crashes Put Liability and General Aviation Risk in Focus
A Boeing 767 cargo overrun in Miami left five people dead and could involve the aircraft operator, lessor and other parties, while a separate fatal general aviation crash near Titusville highlights a very different aviation loss exposure.
September 8
Insurance Industry
Liability
Property
Risk Management
Florida
Hurricane Marie to Bring Dangerous Surf, Coastal Flooding Risk to Southern California
Marie is expected to remain well offshore, but forecasters warn its swell could produce dangerous rip currents, large waves and coastal flooding along Southern California, with the strongest effects expected Sunday and Monday.
September 3
Catastrophe
Property
Risk Management
California
Federal Judge Strikes Down New York’s $75B Climate Damage Fund
A federal judge ruled that New York exceeded its authority by requiring major fossil fuel producers to finance $75 billion in climate-related infrastructure and resilience projects.
September 3
Catastrophe
Legislation & Regulation
Litigation
Property
New York
Hurricane Center Tracks 3 Tropical Waves as Atlantic Season Nears Peak
Former Tropical Storm Edouard continues to produce heavy rain and flooding in Texas while the National Hurricane Center monitors three tropical waves across the Atlantic. No hurricane is currently threatening Florida, though periods of heavy rain are expected.
September 3
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Texas
Tropical Storm Edouard Threatens Texas, Louisiana With Flooding, Storm Surge
Heavy rainfall, damaging wind gusts and up to 5 feet of storm surge could generate property and flood losses along the Gulf Coast, with flooding also threatening the Houston area.
September 1
Auto
Catastrophe
Insurance Industry
Property
Risk Management
Louisiana
Texas
North Carolina Brothers Plead Guilty in Roofing Insurance Fraud Sting
Two Charlotte brothers pleaded guilty after a Wake County sting used a ‘bait house’ to investigate intentional roof damage designed to generate repair work and support an insurance claim.
September 1
Fraud
Insurance Industry
Property
North Carolina
Tropical Systems Threaten Florida, Gulf Coast With Heavy Rain and Flooding
Dolly’s remnants could soak South Florida later this week while a Gulf system may develop into Tropical Storm Edouard. Heavy rain and localized flooding could extend from Texas and Louisiana through Tampa and Orlando.
August 31
Auto
Catastrophe
Insurance Industry
Property
Risk Management
Florida
Louisiana
Texas
Tropical Storm Dolly Forms in Atlantic, Flood Risk Targets Caribbean
The fourth named storm of the 2026 Atlantic hurricane season is forecast to weaken before reaching the Leeward Islands, but heavy rainfall could still trigger flash flooding across parts of the Caribbean.
August 27
Catastrophe
Insurance Industry
Property
Risk Management
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
