Estimates for insured losses from Winter Storm Fern top $4 billion
Winter Storm Fern caused billions of dollars in insured losses, with Texas and Tennessee hardest hit and mortgage activity also affected.
Natural Disaster
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Trump executive order overrides Los Angeles wildfire rebuilding plan
Trump’s executive order lets federal agencies bypass California rules for wildfire recovery, citing delays in rebuilding efforts.
Sonic Fire Tech launches infrasound wildfire defense system in California
Sonic Fire Tech has launched a wildfire defense system using infrasound to extinguish fires without water or chemicals. The system detects embers up to 1,500 yards away and aims to reduce property damage and water use in California.
Florida property insurance market is rebounding from 2022 low point
The market has rebounded from 2022, when litigation costs, rising losses and multiple insurer failures pushed the system close to collapse.
Coalition presses for stronger federal flood response, eyes ROAD to Housing Act
Leaders said the coalition began forming after the catastrophic July 2022 floods in eastern Kentucky and southwestern Virginia.
Community association leaders advocate on Capitol Hill
Meetings with legislators addressed affordable insurance, disaster recovery, affordable housing, community self-governance and more.
Tech startup offering AI-driven property level risk modeling
Instead of relying on zip code-based risk maps and subjective human judgment, FutureProof’s algorithm analyzes property-specific details.
California wildfire rebuilding bill paused until 2026
The move comes after social media outcry centered on erroneous claims that the bill would force low-income housing into Pacific Palisades.
Realtors Relief Foundation sends $500K to Texas flood victims
The funding — distributed through Texas Realtors and eight local associations — will be used to help residents cover housing payments.
‘Insufficient funds’ delay State Farm wildfire check for nearly $900K
The California Department of Insurance has opened an investigation into the case amid broader concerns about the insurer’s claims handling.