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storms

Milton Lands Among Top 10 Costliest Hurricanes for Insured Losses | Insurify

Hurricane Milton could end up among the top 10 most expensive storms for insurers in the last 124 years, according to Moody’s RMS Event Response. Moody’s estimates Hurricane Milton’s total private market loss will total $26 billion, with an outer range of $22 billion to $36 billion.

Louisiana Insurance Commissioner Pushes to Expand ‘Fortify Homes Program’ After Recent Successes | Insurify

Louisiana has some of the highest home insurance rates in the country, but state leaders want to expand a plan to strengthen homes against storm damage to help some lessen the burden. State Insurance Commissioner Tim Temple wants to provide more funding for Louisiana’s popular Fortify Homes Program next

10 States With the Sharpest 3-Year Increase in Severe Hail | Insurify

Hail is among insurers’ growing list of climate concerns after a record-breaking year for severe weather in 2023. The outlier year, fueled by the shift from La Niña to El Niño, marked a 57% year-over-year increase in major hail, according to National Oceanic and Atmospheric Administration (NOAA)

10 States Where Climate Change Isn’t Driving Home Insurance Spikes | Insurify

Extreme weather, amplified by climate change, has raised insurer risks and insurance rates for U.S. homeowners, especially in the last decade. Damages from large natural disasters have soared from about $22 billion per year in the 1980s to $149 billion per year in the 2020s, adjusted for inflation.[1]

10 States Where Tornadoes Increased the Most Over the Past 3 Years | Insurify

Spring 2024 was one of the most active tornado seasons on record, with four tornado outbreaks each causing more than $1 billion in damage.[1] Unusually warm temperatures have fueled more storm systems, which frequently develop into tornadoes.[2] Homeowners in high-risk states have seen premiums rise in response,

Smaller, More Frequent, and Severe Storms Are Growing Threats to Homeowners, Report Finds | Insurify

Hurricanes and wildfires may grab all the headlines, but property damage from smaller, more frequent storms is adding up fast, property insights company CoreLogic found in its 2025 Severe Convective Storm Risk Report. Severe convective storms, or severe thunderstorms, typically include hail, tornadoes, and straight-line winds. And they can

Florida Home Insurance Costs Spiked 18% in 2025, New Report Finds | Insurify

Florida’s average annual cost of home insurance hit $8,292 in 2025, an 18% increase over 2024, according to Insurify’s 2026 Insuring the American Homeowner Report. Home insurance costs have risen by more than 14% in the state since 2023. Rates are likely to increase by another 2%