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Intense Downpours are More Frequent, But Flooding Severity Remains Hard to Predict

by lpiccitto | Jul 8, 2025 | Uncategorized

It’s not just Texas and North Carolina. Intense rain is falling more frequently in many areas of the U.S. — though where it occurs and whether it causes catastrophic flooding is largely a matter of chance, according to experts. More …

Appeals Court Nixes Class Actions Against Progressive Over Actual Cash Value

by lpiccitto | Jul 8, 2025 | Uncategorized

Progressive Insurance will not have to face two class actions by Pennsylvania insureds alleging that the insurer systematically underestimated the actual cash value (ACV) of their totaled vehicles and thus breached its insurance agreements with them under state law....

Governor Signs Bill That Ends One State-Backed Reinsurance Layer, Reduces Another

by lpiccitto | Jul 8, 2025 | Uncategorized

Florida Gov. Ron DeSantis last week put his signature on House Bill 5013, which ends one state-backed level of reinsurance and slashes another one, a move that could perhaps create a little more demand for private reinsurance coverage in the …

Containment Increases on California Wildfire That Forced Evacuations

by lpiccitto | Jul 8, 2025 | Uncategorized

Firefighters are making progress on the biggest wildfire in California this year. Containment has increased on the Madre Fire to 35%. The wildfire on the central coast of California has burned 80,603 acres, prompting evacuation orders and closing part of …

Chantal Flooding Forces Dozens to Flee Homes in North Carolina

by lpiccitto | Jul 8, 2025 | Uncategorized

CHAPEL HILL, N.C. (AP) — Floodwaters from the remnants of Tropical Storm Chantal swept a woman in her car from a rural road and forced dozens of people to flee their homes, officials in North Carolina said Monday. Parts of …
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