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03/11/2025 09:40 AM
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Tornado Strikes Florida TV Station During Live Broadcast
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A tornado touched down near Orlando, Florida, striking a TV station during a live weather broadcast. Meteorologist Brooks Garner stayed on air as the storm passed over the studio.
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03/07/2025 10:05 AM
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Maryland Wildfires Decline in 2024, Falling Below Recent Averages
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Maryland saw 165 wildfires in 2024, burning 953.4 acres. Arson was the leading cause, while the Eastern region had the most fires and acres burned. Learn more about key trends.
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03/07/2025 09:31 AM
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AI Enhances Storm Risk Assessment for More Accurate Insurance Pricing
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Traditional models for assessing severe convective storm risk rely on broad proxies like ZIP codes and roof age. AI-driven property-specific models offer insurers a more precise approach.
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03/07/2025 08:28 AM
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Insurers Pay Nearly $7 Billion for Los Angeles County Wildfire Claims
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Over 33,000 insurance claims have been filed following the Los Angeles County wildfires, with insurers paying $6.9 billion to date. California’s insurance commissioner has issued orders to expedite claim payments and prevent policy cancellations.
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03/05/2025 10:36 AM
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Lloyd’s Warns of Extreme Space Weather Risks With $2.4 Trillion Economic Impact Projection
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A new Lloyd’s systemic risk scenario reveals that a hypothetical extreme solar storm could result in a global economic loss of $2.4 trillion over five years.
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03/05/2025 10:29 AM
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Organized Train Heists Targeting Nike Sneakers in California and Arizona Continue
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Thieves have stolen nearly $2 million worth of Nike sneakers from BNSF trains in California and Arizona in a series of well-coordinated heists since last March. Despite multiple arrests, including a suspected ringleader, the thefts persist.
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03/05/2025 09:28 AM
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Texas Beekeepers Face Unprecedented Losses as Bee Populations Plummet
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Texas beekeepers have lost nearly two-thirds of their honey bee colonies, threatening pollination services and increasing produce costs. Experts cite multiple factors but lack a clear cause.
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03/05/2025 09:24 AM
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Florida’s Insurance Market Faces Shake-Up as Lawmakers Tackle Rising Costs
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With soaring premiums and industry instability, Florida lawmakers are pushing for reforms in home and auto insurance. Transparency, incentives, and technology may offer relief, but challenges remain.
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03/05/2025 08:58 AM
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Insurance Industry Grapples with Escalating Natural Disaster Risks
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As extreme weather events grow in frequency and severity, insurers must adapt through innovation, risk modeling, and new risk transfer strategies to remain viable.
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03/04/2025 08:02 AM
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Florida Insurance Market Strengthens as Legal Reforms Curb Costs
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Legislative reforms targeting legal system abuse and claim fraud are improving Florida’s insurance market, reducing litigation, attracting insurers, and slowing premium increases.
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