Property claims volume rose 36% in 2024, driven by a massive rise in catastrophe claims thanks in part to a...
Hurricane Milton News
The 2024 hurricane season presented challenges for insurers thanks largely to hurricanes Beryl, Helene, and Milton—the three powerful storms caused...
The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from...
After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections...
U.S.-based utility Duke Energy said it filed a plan with the Florida Public Service Commission (FPSC) to recover about $1.1...
It was all about the storms this year. They were the big news surrounding the insurance industry, with several named...
Even though hurricane season 2024 has passed, claims professionals are still hard at work processing claims and damages in the...
Insured losses from natural catastrophes are on track to exceed $135 billion in 2024, with at least two-thirds of this...
Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included...
Flooding is a peril that took center stage this year amid an active Atlantic Hurricane season, a fact that’s highlighted...