Florida Commission Accepts Three New Flood Models as Storm Impacts Rise November 14, 2024 By William Rabb As with computer models that help predict risk from hurricane winds, insurers now have more than one model to use...
FEMA Doesn’t Have Enough Funding to Last Through Hurricane Season, Mayorkas Warns October 4, 2024 By Kevin Freking and Colleen Long The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the...
Modeler KCC Puts Privately Insured Losses at $6.4B From Helene October 3, 2024 By William Rabb and Chad Hemenway Karen Clark & Co., the well-regarded storm modeling and analytics firm, estimated that privately insured losses from Hurricane Helene will...
Despite Reform Laws, Florida Premiums Won’t Drop, Karen Clark & Co. Says October 11, 2023 By Insurance Journal Staff Reports State laws adopted in 2022 and 2023 may have stemmed excessive claims litigation in Florida, helping to stabilize the distressed...
Exterior Building Panel Industry Differs with KCC on Vulnerability of Systems June 2, 2023 By Insurance Journal Staff Reports The head of a trade group for the exterior insulated panel industry has taken issue with a recent hurricane report...