Claims / Legal
The Latest Hurricane Milton Insured Loss Estimates: $17B-$50B
Catastrophe risk modelers delivered a wide range of estimates of insured losses from Hurricane Milton this week—ranging from a low of $17 billion to a high of $50 billion. Estimates as of Oct. 17 ...
The ‘Waffle House Index’ Helps Residents, FEMA Gauge Storm Severity
Golden hashbrowns, gravy-smothered biscuits and crispy waffles with a hearty helping of maple syrup are among the classic Southern comfort foods. But when hurricanes tear through Southeastern towns, ...
An Estimated 138,000 Cars Were Flood-Damaged by Hurricane Helene
Hurricane Helene left as many as 138,000 vehicles flood damaged after it tore through at least six states, according to the latest CARFAX estimate. Floodwaters swamped communities in Florida, ...
The Data Behind Rising Homeowners Premiums: By Peril and By State
The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual ...
Year-To-Date Natural Disaster Costs Below Average; Frequency Up: Report
Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according to Gallagher Re's latest Nat Cat report. The ...
Google Endorses Bill to Reveal Funders Backing Lawsuits
Google is endorsing a bill that would require people filing lawsuits to disclose who will be paying for— and profiting from—the litigation. The bill, introduced last week by California Republican ...
Hurricane Milton Insured Losses in $30B-$50B Range, Says Verisk
Catastrophe modeler Verisk said it expects insured losses from Hurricane Milton will be between $30 billion and $50 billion from damages caused mostly by wind. Verisk's Extreme Event Solutions group ...
Former Triple-I Exec Alleges Retaliatory Firing; Axed After Testifying Against CEO In Bullying Case
A former employee of the Insurance Information Institute is suing his former boss and the organization's owners on allegations of discrimination and retaliation. Michael Barry, who worked at Triple-I ...