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German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims
May 13 2025 // Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7 billion euros ($1.89 billion) in claims relating to the Los Angeles wildfires...
Family of Helicopter Pilot Killed in California Wildfire Reaches $15M Settlement
May 13 2025 // The family of a helicopter pilot who died when his helicopter crashed while fighting a wildfire in Southern California reached a $15 million settlement with the company that maintained the aircraft, their attorneys...
Tornadoes, Winds, Rain Hit Florida Panhandle and Parts of Alabama
May 12 2025 // Tornadoes, strong winds and flash flooding hit parts of north Florida and Alabama over the weekend, damaging dozens of homes and commercial and farm structures, weather and local news sites reported. In the Florida...
4.1 Magnitude Tennessee Earthquake Rattles Homes as Far Away as Atlanta
May 12 2025 // ATLANTA (AP) — A 4.1-magnitude earthquake in Tennessee woke up families and rattled homes as far away as Atlanta as it spread tremors across portions of the southern U.S. on Saturday morning. No injuries or major damage...
Hurricane Forecasts Are Better Than Ever But NOAA Cuts Could Change That
May 6 2025 // The National Hurricane Center‘s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones neared the coast, to its forecasts five days into the future, when storms were only...
Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow
May 6 2025 // Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time.The decline, according to a letter to shareholders, was due primarily to...
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