News & Analysis as of

Severe Weather Insurance Industry

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/21)

Cozen O'Connor on

After State Farm rate hike, legislators are pressured to provide relief. Here’s what could be on the table. - “Gov. JB Pritzker wasted no time in calling on state legislators to do something about rising insurance rates...more

Pullman & Comley, LLC

The Impact of Natural Disasters on Municipal Financing and Disclosure

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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

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

Gould + Ratner LLP

Climate Change and Construction: Top Five Considerations for Owners Before Building

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As the start of 2025 has already shown with the destructive Los Angeles wildfires, the impact of climate change on businesses and homes can be devastating. Many owners and construction contractors were already grappling with...more

Zelle  LLP

The Zelle Lonestar Lowdown Issue 21 - January 2025

Zelle LLP on

Welcome to the first 2025 edition of the Zelle Lonestar Lowdown! Our theme this year is Collaboration. We recognize that we are not an island in this industry and our clients, and ultimately the property owners, best benefit...more

Herbert Smith Freehills Kramer

Parametric Insurance Allowed in New York

Insurers writing catastrophic coverage in New York should take note of legislation signed by Gov. Kathy Hochul in December 2024 and becoming effective on Jan. 12, 2025, that allows the use of parametric insurance in the...more

J.S. Held

Forensic Meteorology in Insurance: How Do Certified Consulting Meteorologists Help with Storm Damage Claims & Disputes?

J.S. Held on

Introduction: Three Key Components of Storm Damage Claims - Professional meteorology, as it relates to insurance claims handling and the litigation process, is becoming increasingly recognized, and the employment of...more

Brooks Pierce

Key Deadlines for Businesses Recovering from Hurricane Helene

Brooks Pierce on

With year-end nearing, this client alert summarizes the extension of important deadlines and rebuild considerations for businesses recovering from Hurricane Helene....more

Rodemer Kane Attorneys at Law

Common Causes of Car Accidents in Colorado

Driving in Colorado can be tricky due to the state's unique geography, weather, and growing traffic. Understanding the common causes of car accidents can help you stay safe on the road and know when to reach out for legal...more

Lowenstein Sandler LLP

Weather, Drones, and AI … Oh My! How the Insurance Industry Changed in 2024

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In this episode of “Don’t Take No for An Answer,” Lynda A. Bennett, Chair of Lowenstein’s Insurance Recovery Group, joins Lowenstein’s Heather Weaver and Josh Weisberg, Chief Risk Officer at SterlingRisk to recap changes in...more

Segal McCambridge

Navigating Pre-Suit Notice and Attorneys’ Fees in Texas Storm Litigation

Segal McCambridge on

Storm-related claims in Texas often lead to disputes over attorneys’ fees, making it critical for insurance carriers to understand and apply statutory pre-suit notice requirements. Failure by claimants to meet these...more

Bradley Arant Boult Cummings LLP

Understanding the FEMA 50% Rule

Following Hurricanes Helene and Milton, impacted homeowners have received correspondence from their local building officials notifying the homeowners that their property is affected by the 50% Rule. Sometimes these are...more

Zelle  LLP

Texas Department of Insurance Approves ZestyAI’s Severe Convective Storm Models

Zelle LLP on

Severe Convective Storms (“SCS”) are one of the most common and most damaging natural catastrophes in the United States. SCSs are intense atmospheric disturbances that can cause powerful winds, large hail, heavy rainfall, and...more

Adams & Reese

Florida Courts Disagree on Contractor’s License Requirements for Disaster Recovery Tasks

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On the heels of a record-breaking three hurricanes making landfall in Florida in 2024 – Debby, Helene, and Milton – disaster recovery is obviously a hot topic as residents and business owners work to recover from the...more

Pillsbury Winthrop Shaw Pittman LLP

Hurricanes Helene and Milton: Evaluating Business Interruption Claims Following a Large-Scale Disaster

Storms like the ones that recently caused widespread devastation leave behind challenging questions about business interruption insurance coverage. Quantifying a policyholder’s business interruption loss is a contentious...more

Cozen O'Connor

The Fine Line Between Delay and Bad Faith: Insights from the Fifth Circuit.

Cozen O'Connor on

A prompt response is critical when disaster strikes, but as the Fifth Circuit recently ruled, delays may be excusable in certain circumstances. In First United Pentecostal Church v. Church Mut. Ins. Co., No. 23-30779, 2024 WL...more

Ward and Smith, P.A.

Who Is Responsible for That Fallen Tree?

Ward and Smith, P.A. on

In planned communities, the question of responsibility for damage caused by fallen trees is often posed to the owners' association. Although it is not the association's job to play arbiter if a dispute arises between lot...more

Brooks Pierce

Hurricane Helene Business Recovery Resources

Brooks Pierce on

Hurricane Helene made landfall late in the evening on Thursday, September 26, 2024, as a Category 4 storm. The Hurricane’s “largest impacts were across the southern Appalachians where widespread severe and unprecedented...more

Pillsbury - Policyholder Pulse blog

Hurricanes Helene and Milton: 8 Key Insurance Coverage Issues Impacting the Availability and Amount of Recovery

In the aftermath of two powerful hurricanes the process of assessing the damage and rebuilding begins. Businesses suffered billions of dollars in losses during hurricanes Helene and Milton, both in physical property damage...more

Shumaker, Loop & Kendrick, LLP

Client Alert: Legal Toolkit for Hurricane Response and Recovery

Hurricanes Helene and Milton have deeply impacted communities across the eastern United States, leaving many individuals and businesses facing significant challenges. In the aftermath of these storms, the legal and governance...more

Pillsbury - Policyholder Pulse blog

Hurricane Insurance Checklist

The below checklist includes essential considerations and steps to take for property owners and businesses that stand to be affected by hurricanes....more

Pillsbury - Policyholder Pulse blog

Hurricanes Helene and Milton: Insurance Implications

Hurricane Helene struck Florida’s Big Bend region as a category 4 hurricane on September 25, 2024, and continued to move northeast. The storm caused widespread power outages and catastrophic damage across Florida, the...more

McGuireWoods LLP

Tips for Pursuing Insurance Claims and Disaster Relief Funding in North Carolina After Hurricane Helene

McGuireWoods LLP on

Hurricane Helene made landfall in Florida on September 26, 2024, eventually making its way up to western North Carolina where it caused unprecedented damage. The estimated costs associated with these damages grow daily, with...more

Adams & Reese

Hurricane Helene Federal Disaster Recovery Funding

Adams & Reese on

Almost exactly two years to the day from when Hurricane Ian (Category 4) struck Florida’s western coast near Cayo Costa, Florida, on Sept. 26, 2024, Hurricane Helene, also a catastrophic Category 4 storm with winds topping...more

McGuireWoods LLP

Tips to Maximize Insurance Recoveries for Hurricane Helene Property Damage and Business Interruption Losses

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Hurricane Helene made landfall on Thursday, September 26, 2024, carrying catastrophic 140 mph winds as the first known Category 4 storm to hit Florida’s Big Bend region since records began in 1851. By Friday, Hurricane...more

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