News & Analysis as of

Natural Disasters

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #451 – Disaster Victims Fall Prey to FEMA Impersonators

In the wake of the recent July 4th flooding tragedy in Texas, scammers and criminals are reaching out to victims to take advantage of their vulnerability. Unfortunately, this is not the first time criminals have used natural...more

Cozen O'Connor

Claims Notes: July 2025

Cozen O'Connor on

Jones owned an eight-acre property with a half-acre pond in front of his house. Hatcher, a broker, offered to secure cheaper insurance, asking Jones to sign a single-page application without questions. Hatcher inspected and...more

Allen Matkins

2025 Land Use, Environmental & Natural Resources Update

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California stands at a pivotal juncture in 2025, confronting an array of environmental and housing challenges. As usual, the California State Legislature is considering numerous strategies to address these issues. This year’s...more

Allen Matkins

Pending State Housing Laws: Rebuilding After a Natural Disaster

Allen Matkins on

Various state housing bills are currently making their way through the California State Legislature that are expected to benefit mixed-income multifamily housing developers. The following summaries reflect the status of the...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Driving Loss Reduction Through State-Created Residual Insurance Markets: Environmental Defense Fund/Cornell University Report

The Environmental Defense Fund (“EDF”) and Cornell University issued a report titled: Driving Loss Reduction Through State-Created Residual Insurance Markets (“Report”)....more

WaterStreet Company

2025 Hurricane Season for Insurance

WaterStreet Company on

As the 2025 hurricane season unfolds, insurance companies prepare. Early summer is time to closely monitor hurricane forecasts, assess risks, and account for financial implications that could arise due to increased property...more

J.S. Held

Managing Contents Claims After a Wildfire: Restoration, Testing, and Insurance Strategies

J.S. Held on

Understanding Contents Damage and Contamination After a Wildfire - When dealing with affected personal property (contents) after a wildfire, it is important to understand that each loss location is unique and that there is...more

J.S. Held

Assessing Wildfire Smoke Damage & Understanding Impacts of Wildfire Smoke on Air Quality

J.S. Held on

How Southern California Wildfires Impact Air Quality, Smoke Damage, and Insurance Coverage - The Southern California wildfires in January 2025 are expected to be one of the costliest natural disasters in United States (US)...more

Gray Reed

Weathering the Storm – Part 3: Force Majeure in Construction Contracts

Gray Reed on

Unexpected devastating weather events such as hurricanes, tornados, earthquakes, fires and other natural disasters can strike at any time, leaving construction projects in disarray. While Mother Nature is often unpredictable,...more

WaterStreet Company

How Insurers Takeout Policies with State Insurance Programs

WaterStreet Company on

State insurance programs serve as critical safety nets. When residents struggle to obtain coverage from private insurers, these programs step in. Private insurers can find a different type of opportunity when willing to take...more

GeoDataVision

Designated Disaster Areas and CRA Community Development: Be Careful!

GeoDataVision on

Dear Banker, Many bankers are easily confused by the technical requirements for loans in "disaster areas'' to be potentially qualified for community development credit under CRA. This brief article explains how to avoid...more

Pillsbury - Policyholder Pulse blog

Parametric Insurance: The Future-Proof Solution for Enterprise Risk

In today’s fast-paced and increasingly unpredictable global environment, large enterprises face mounting risks—natural catastrophes, climate-related disruptions, supply chain breakdowns and emerging digital threats....more

Baker Donelson

Update on Federal Disaster Reform: Efforts to "Rebalance" FEMA's Role

Baker Donelson on

Though there is continuing debate on the underlying cause(s), data clearly supports that natural disasters are occurring with increasing frequency and at a greater cost to the American public (whether personally or through...more

WaterStreet Company

Texas FAIR Plan: Opportunities and Challenges for Private Insurers

WaterStreet Company on

As natural disasters continue to impact the insurance market, Texas has seen a surge in policyholders relying on the Texas FAIR Plan Association for coverage....more

WaterStreet Company

5 Steps to Florida Insurance Takeouts

WaterStreet Company on

Insurers today are in a highly competitive market. To receive greater market share, expansion to new locations and new business strategies may be required. Insurance takeouts are one such strategy in the state of Florida that...more

Pullman & Comley, LLC

The Impact of Natural Disasters on Municipal Financing and Disclosure

Pullman & Comley, LLC on

The wildfires in Southern California earlier this year were another sobering reminder of the devastating impact of natural disasters on local communities, and Connecticut is certainly not immune....more

Holland & Knight LLP

Tax Consequences of a Natural Disaster

Holland & Knight LLP on

Between wildfires such as the ones in Southern California earlier this year and hurricanes and other major storms experienced by other parts of the country annually, there is no shortage of natural disasters affecting people...more

Hogan Lovells

Italy postpones compulsory Nat Cat insurance requirement for SMEs

Hogan Lovells on

To address concerns over the implementation timeline of compulsory natural catastrophe (Nat Cat) insurance introduced for Italian businesses with the 2024 Italian Budget Law, the Italian government has issued a Decree-Law...more

Searcy Denney Scarola Barnhart & Shipley

Alligators, Sinkholes, and Other Unusual Florida Hazards That Can Cause Car Accidents

Drivers across the United States face a variety of risks on a daily basis. Unfortunately, Florida drivers face more risks than others. Florida has more fatal car accidents than almost any other state, with nearly 10 people...more

Brooks Pierce

Brooks Pierce Capital Dispatch: Governor Releases Budget Recommendations, Helene Recovery Bill Enacted

Brooks Pierce on

Governor’s Budget Recommendations - Gov. Josh Stein this week unveiled his state budget recommendations for the next two fiscal years. Entitled “North Carolina Strong,” it details a number of themes: improving public...more

Gray Reed

Weathering the Storm – Part 2: Construction Insurance’s Protection Against Natural Disasters

Gray Reed on

In the wake of increasingly frequent natural disasters, construction insurance has become more critical than ever. While many stakeholders view insurance as just another project cost, it is actually your first line of defense...more

Faegre Drinker Biddle & Reath LLP

A Guide for Property Owners Affected by the 2025 Los Angeles and Ventura Wildfires

Los Angeles and Ventura counties continue to reel from the devastating firestorm that led Governor Newsom to declare a state of emergency on January 7, 2025. The resulting fires, including the Palisades, Eaton, Hurst, Lidia,...more

Hogan Lovells

The changing climate of parametric insurance

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Parametric insurance products can help to address the increasing protection gap arising in respect of climate-related physical risk. As AI and data-collecting technology develops, more business areas may stand to benefit from...more

Woodruff Sawyer

Property Loss: Guidelines for Making an Insurance Claim

Woodruff Sawyer on

The recent fires in California had a devastating impact on various communities, with many homeowners losing or facing severe damage to their properties. As residents begin the challenging process of recovery, understanding...more

Snell & Wilmer

Moratorium to Protect Wildfire Survivors from Insurance Cancellations and Non-Renewals

Snell & Wilmer on

On February 25, 2025, California Insurance Commissioner Ricardo Lara issued a bulletin expanding the previously announced one-year moratorium preventing homeowners insurance cancellations and non-renewals to those affected by...more

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