Rising Peril Severity as Catastrophic Claims Hit Seven-Year High

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The Connected Podcast

Alan Demers and Stephen Applebaum

438 episodes

1 day ago

The Connected Podcast - Insurance News and Events The Connected Podcast: Unveiling the Latest in Insurance News and Events In this episode of The Connected Podcast, we delve into the major headlines from ITC Vegas 2025, a pivotal event for the insurance ecosystem. Key highlights include Bolttech's highly anticipated announcement, which stirred excitement despite details being scarce. The Bermuda insurtech scene marked a significant milestone by raising $82 million, showcasin...

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Rising Peril Severity as Catastrophic Claims Hit Seven-Year High - Lexis Nexis

The Connected Podcast

14 minutes

2 weeks ago

Rising Peril Severity as Catastrophic Claims Hit Seven-Year High - Lexis Nexis

In a recent episode of The Connected Podcast, the discussion focused on the latest findings from LexisNexis Risk Solutions' 10th annual U.S. Home Trends Report, which illuminates the changing landscape of the U.S. home insurance industry. A key highlight is the significant 9% rise in All Peril severity from 2023 to 2024, setting a seven-year record high. This increase is largely due to the occurrence of 27 climate disasters, each causing damage worth over a billion dollars, with catastrophes ...