The deadly flash floods that swept through Texas Hill Country in July 2025 underscored persistent gaps in the state’s flood preparedness. Despite recent planning efforts, many communities lack the funding and resources to mitigate flood risks.
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Colorado’s FAIR Plan Sees Few Takers Despite Rising Home Insurance Challenges
Homeowners insurance premiums in Colorado rose nearly 58% from 2018 to 2023 due to inflation, catastrophic losses, and repeated wildfire and hail damage, contributing to higher costs, reduced availability, and a national rate of one in seven homes being uninsured.
Study Finds Stigma Prevents Many U.S. Workers From Using Mental Health Benefits
Despite widespread availability of employee assistance programs (EAPs), stigma and concerns over confidentiality are preventing many U.S. workers from accessing mental health support, according to Prudential Financial Inc.’s 2025 Benefits & Beyond study.
New-Vehicle Prices Edge Higher in July as 2026 Models Roll Out
New-vehicle prices in the United States remained mostly stable in July compared to June, with a minor 0.1% decline month over month, according to new estimates from Kelley Blue Book.
Rising Inventory and Slower Price Growth Boost Buyer Prospects
Rising inventory and cooling price gains are starting to improve conditions for prospective homebuyers, according to Cotality’s August 2025 U.S. Home Price Insights.
Federal Agencies Announce Shift in Short-Term Health Insurance Enforcement
On August 7, 2025, the U.S. Departments of Labor, Health and Human Services (HHS), and the Treasury announced they are reconsidering the regulatory definition of short-term, limited-duration insurance (STLDI) through a formal notice-and-comment rulemaking process.
Atmospheric Rivers Decrease on West Coast, Intensify in Eastern U.S., Study Finds
Researchers have found that wintertime atmospheric rivers are becoming more frequent and intense in the Eastern United States while declining in frequency over the West Coast.
Longtime Insurance Leader Kevin H. Kelley Passes Away
Kevin H. Kelley, a respected figure in the insurance industry and retired vice chairman of Liberty Mutual’s Global Risk Solutions business, has passed away.
InsurTech Funding Surpasses $60B, AI Investment Dominates
The global InsurTech sector has reached a new funding milestone, with more than $60 billion raised and invested since 2012, according to Gallagher Re’s latest Global InsurTech Report.
OpenAI Launches GPT-5: Faster, Smarter, and More Humanlike
OpenAI has unveiled GPT-5, its newest flagship artificial intelligence model, describing it as a “major upgrade” over previous versions of the technology powering ChatGPT.