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06/19/2025 01:23 PM
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Colorado State University Predicts Above Normal 2025 Atlantic Hurricane Season
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The 2025 Atlantic hurricane season is projected to be above-average with 17 named storms, nine hurricanes and four major hurricanes, increasing landfall risks along U.S. and Caribbean coasts.
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06/19/2025 10:12 AM
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Florida Appeals Court Rebukes Citizens Property Insurance Over Roof Claim Denial
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A Florida appeals court held that Citizens Property Insurance wrongly denied a roof damage claim and can’t invoke staged-payment rules until coverage is acknowledged, giving homeowners a second chance.
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06/19/2025 09:55 AM
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Nail Salon Owner Arrested on Multiple Arson and Insurance Fraud Charges
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Town of Newburgh authorities and federal agents allege a local salon owner deliberately set an August 2022 fire at her own shop to collect insurance payouts amid severe financial distress.
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06/19/2025 09:41 AM
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Claims Decline as Replacement Costs Skyrocket in Q1 2025
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In Q1 2025, U.S. and Canadian property claims hit a five-year low even as average replacement costs surged 46 percent year-over-year, led by California wildfire losses and rising reconstruction expenses.
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06/19/2025 08:37 AM
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Hurricane Erick Pounds Mexican Coast with Fierce Winds and Flood Threat
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Upgraded to ‘extremely dangerous’ Cat 4 before landfall, Erick made shore near Punta Maldonado with 125 mph winds, heavy rain and storm surge poised to trigger floods and mudslides.
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06/12/2025 10:08 AM
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Updated Hurricane Loss Model Approved by Florida Commission
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Florida’s hurricane model commission approves Karen Clark & Co.’s Version 5.0, featuring enhanced climate data, upgraded vulnerability functions, and new coverage modeling capabilities.
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06/12/2025 09:44 AM
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Court Upholds Lloyd’s Denial in Diamond Loss Case Over Inactive Security System
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A New York appellate court affirms Lloyd’s denial of coverage in a diamond loss claim, emphasizing that policyholders must maintain fully operational security systems.
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06/11/2025 01:56 PM
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AI Agents Now Handle Insurance Policies from Quote to Claim with Sure’s New Protocol
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Sure introduces its Model Context Protocol, enabling AI agents to autonomously quote, bind, and service insurance policies with integrated compliance and multi-carrier support.
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06/11/2025 01:51 PM
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Natural Disasters and Legal Pressures Are Driving Up Homeowners Insurance Costs Nationwide
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Homeowners insurance is becoming less affordable nationwide as natural disasters, legal system strain, and rising repair costs drive premiums higher, especially in disaster-prone states.
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06/11/2025 01:49 PM
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How the Insurance Industry Is Preparing for a Fierce 2025 Hurricane Season
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After a season of compounding storms and inland flooding in 2024, the insurance industry is refining its storm strategies and readiness plans for a potentially active 2025.
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