U.S. Severe Storms Continue to Drive Global Natural Disaster Losses: Gallagher Re July 23, 2024 By L.S. Howard U.S. severe convective storms continued to drive global natural catastrophe losses during the first half of 2024. Of the estimated...
Buffett’s PacifiCorp Suspected of Collusion by Wildfire Victims’ Law Firms July 22, 2024 By Jonathan Stempel The law firms leading class-action litigation against PacifiCorp over the 2020 Labor Day weekend wildfires in Oregon want to examine...
The Problem(s) With Hail Claims – Part 3 July 18, 2024 By Bill Wilson Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and...
Record Flooding and Tornadoes This Spring in Iowa Caused $130M in Damage July 18, 2024 By Hannah Fingerhut and Todd Richmond DES MOINES, Iowa (AP) — Record flooding and powerful tornadoes ravaged parts of Iowa for weeks this spring, destroying or...
Rebuilding After Hurricanes is Complex, Can Change Character of a Community July 18, 2024 Before Hurricane Idalia smashed into a small fishing village in northwestern Florida, Charles Long, 68, was fixing up a two-bedroom...
Disaster-Struck Cities Fight for Aid as FEMA Runs Low July 17, 2024 By Shruti Date Singh A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster...
Vermont Seeks Federal Damage Assessment for Floods Caused by Hurricane Beryl’s Remnants July 17, 2024 By Lisa Rathke Vermont is seeking an assessment to determine whether last week’s flooding, which damaged homes, knocked down bridges and washed out...
CenterPoint Sued Over Hurricane Beryl Power Outages in Houston July 17, 2024 By Madlin Mekelburg A group of Houston restaurants that lost power for days after Hurricane Beryl sued the city’s main utility, accusing CenterPoint...
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...
Just a Category 1 Hurricane? Don’t Be Fooled by A Number July 15, 2024 By Brendan Farrington Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or...