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Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
Jun 16 2025 // Cotality said it has identified more than 33.1 million residential properties from Texas to Maine with a combined reconstruction cost value of $11.7 trillion as being at least at moderate risk of sustaining damage from...
Smoke in the Rearview: Lessons in Wildfire Preparedness from an Agency CEO’s Evacuation Experience
Jun 16 2025 // In 2024, my family and I were forced to evacuate our home due to an approaching wildfire. After two decades in the insurance industry helping countless clients prepare for disasters and the unexpected, nothing compares to...
Missouri DCI Estimates High Uninsured Rates in St. Louis Following Tornado
Jun 16 2025 // The Missouri Department of Commerce and Insurance released preliminary uninsured estimates for properties in the St. Louis in response to the F3 tornado that struck the region on May 16. DCI Department Director Angela...
California Commissioner Investigating State Farm’s Handling of LA Wildfire Claims
Jun 12 2025 // California Insurance Commissioner Ricardo Lara on Thursday said he has launched a formal investigation into State Farm’s handling of thousands of insurance claims from wildfire survivors affected by the Palisades and...
Florida Commission Accepts First Hurricane Models Under New Standards
Jun 12 2025 // The Florida Commission on Hurricane Loss Projection Methodology has accepted new loss models from Karen Clark & Co. and Cotality, the first to meet the commission’s latest standards. KCC’s Version 5.0...
Oregon Wildfire Prompts Evacuations and Closes Interstate
Jun 12 2025 // A wildfire in Oregon prompted officials to issue evacuation orders for hundreds of homes and to close nearly 20 miles of an interstate in the Columbia River Gorge. Gov. Tina Kotek invoked the state’s Emergency...
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