Posts by Y@DminG

Hurricane experts at AccuWeather say conditions conducive for tropical storm development and an uptick in tropical wave activity will likely lead to three to five Atlantic Basin storms forming in the next two weeks. In a recent media advisory, AccuWeather … Source: Claims Journal

A fire northwest of Los Angeles has consumed nearly 100,000 acres and sent hundreds of residents fleeing for their lives as dry conditions and strong winds fan the flames. The Gifford Fire, about 130 miles (210 kilometers) from downtown, has … Source: Claims Journal

Firefighters made progress tackling France’s biggest wildfires in more than seven decades, with light rain providing a chance to control the blazes before temperatures rise in the coming days. The deadly fires, which ignited on Tuesday in the southwestern department … Source: Claims Journal

Insurtech Lemonade reported a second quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time. Though still a loss, it was a 23% improvement from the prior year, … Source: Claims Journal

The Missouri Department of Commerce and Insurance reported that severe weather has already caused nearly $1.6 billion in damage throughout the state this year. “The insurance industry continues to respond and assist Missourians as they rebuild and repair their property,” … Source: Claims Journal

Prudential Financial reached a $100 million settlement to resolve U.S. Federal Trade Commission civil charges that its Assurance IQ unit misled consumers into buying healthcare plans that did not provide the promised coverage. A settlement with Assurance, which Prudential shut … Source: Claims Journal

Three months after a U.S. senator chastized Allstate for its response to a Georgia woman’s storm claim, Allstate has paid more than 10 times its initial payout on the claim, U.S. Sen. Josh Hawley said. “Allstate has finally agreed to … Source: Claims Journal

A retired federal judge will help decide the fate of thousands of Johnson & Johnson baby powder cancer lawsuits even though her law firm represents the drugmaker in other matters. Freda Wolfson was appointed earlier this summer to re-examine how … Source: Claims Journal

Global miners BHP Group and Vale have offered around $1.4 billion to settle a class action lawsuit in the United Kingdom tied to one of Brazil’s worst-ever environmental disasters, the Financial Times reported on Thursday. The lawsuit stems from the … Source: Claims Journal

Many homeowners underestimate their flood risk, leaving millions uninsured or underinsured in the face of a rising tide of flood events. A 2025 study from the Federal Reserve Bank of Philadelphia found 70% of annual flood losses remain uninsured, amounting … Source: Claims Journal