Articles by Staff and Wire Reports

Helene Claims in Florida Already More Than 65,700 – Far More Than Idalia

The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported. The total estimated insured losses …

Carolina Agents, Insureds Stunned by Unprecedented Damage So Far Inland

Insurance agents in the mountain city of Asheville, North Carolina, said they and their policyholders have been stunned by the catastrophic damage brought so far inland by Hurricane Helene, which dumped 14 inches of rain on the picturesque community and …

Insured Losses Top $5B With Heavy Flooding but Few Covered by Flood Insurance

Estimates of insured losses from Hurricane Helene continue to range around $5 billion, not including flood insurance losses, as the death toll in the Southeast continued to rise, reaching 107 by Monday morning. In Florida, the state Office of Insurance …

Tallahassee, Atlanta Dodge a Bullet, But Thousands of Claims Are Expected

Hundreds of claims adjusters were set to move out across Florida, Georgia and western parts of the Carolinas Friday morning as Hurricane Helene brought high storm surge and 140 mph winds to a region that has faced three hurricanes in …

Damage Predictions Mount as Helene Strengthens: Atlanta in Its Path

As Hurricane Helene gains strength in the unusually warm waters of the northern Gulf of Mexico, forecasters, claims adjusting firms and analytics experts are warning that the storm could be more damaging than other recent storms that hit the same …

Appeals Court Spikes Brett Favre’s Defamation Suit Against Shannon Sharpe

NEW ORLEANS (AP) — A federal appeals court has refused Monday to revive a defamation lawsuit that former NFL quarterback Brett Favre filed against a fellow Pro Football Hall of Fame member — former tight end Shannon Sharpe. Favre filed …

Cooler Weather in Southern California Helping Wildfire Battle

Cooler weather enabled firefighters to make progress over the weekend against three Southern California wildfires. Authorities have started scaling back evacuations at the largest blaze. The Bridge Fire east of Los Angeles has burned 54,690 acres, burned at least 33 …

Hurricane/Tropical Storm Debby Should be Manageable for Insurers, Early Data Show

Reports from Gallagher Re and the Florida Office of Insurance Regulation suggest that Tropical Storm Debby will not be a heavy lift for property insurers and reinsurers. “Early assessments suggest wind-related physical damage (is) not as extensive as initially feared,” …

Florida CFO Issues Order on Public Adjusters as Debby Floods Carolinas

Significant flooding was expected across southeast North Carolina and eastern South Carolina Thursday and Friday as Tropical Storm Debby made a second landfill just north of Charleston. “Debby will continue to slowly move over the Carolinas, bringing heavy to torrential …

Flooding in Carolinas as Wind Losses Expected to Stay Below Re Retentions

Debby, downgraded to a tropical storm Tuesday, is expected to bring as much as 25 inches of rain and more flooding to parts of the Carolinas this week, exacerbating uninsured flood damage but keeping wind losses within limits. Moody’s, a …