With 70-90% of storm-related claims involving roof damage, the FORTIFIED Roof standard offers a proven, cost-effective way to reduce risk and protect property.
Over 6.4 million homes in coastal U.S. states face moderate or greater storm surge risk, with $2.2 trillion in potential reconstruction costs, according to 2025 Cotality data.
Modernization of core systems is crucial for P&C insurers to reduce costs, improve customer experience, and keep pace with digital innovation—but success demands a strategic, business-led approach.
Although June is typically a quiet start to Atlantic hurricane season, recent years show a rise in early storm activity, especially near the Gulf and Southeast U.S. coasts.
With advanced analytics and pattern recognition, AI could help P&C insurers save up to $160 billion annually by detecting both soft and hard fraud more effectively.
A new report by Neptune Flood highlights Texas’s escalating flood risk and the urgent need to close the state’s massive and growing insurance coverage gap.
A former Alfa Insurance agent in Warner Robins faces federal charges for allegedly directing a client to withdraw $220K, which he used to pay others’ insurance premiums.
New research shows insurance protects against climate disasters, but millions of flood-prone homes remain uninsured as premiums climb beyond affordability.
As climate disasters increase, insurers are hiking premiums, reducing coverage, or exiting markets—leaving homeowners, states, and federal programs to fill the gap.
The EPA will maintain strict limits for two common ‘forever chemicals’ but plans to roll back standards for others, citing legal challenges and utility concerns.
With NOAA’s disaster data program discontinued after 2024, insurance companies face major challenges in modeling risk, pricing policies, and ensuring climate resilience.
AI-powered multimodal tech is helping property and casualty insurers detect fraud more accurately across the claims cycle, potentially saving billions and lowering premium costs.
A McAllen, Texas escrow officer was sentenced to 24 months in prison for wire fraud after falsifying real estate documents and defrauding lenders and buyers of over $350,000.
A recent Florida appellate ruling reinforces insurers’ authority to enforce managed repair clauses, highlighting the importance of policy clarity in property claim disputes.