Author: sHq_LoGiNz
What You Need to Know: California’s Employment Development Department is making it easier for customers receiving unemployment benefits to report required wages and income information while receiving benefit payments. This helps ensure the Department can pay benefits quickly and accurately to avoid unnecessary eligibility interviews or potential overpayments.
SACRAMENTO, Calif., Oct. 23, 2025 /PRNewswire/ — As part of EDDNext, the Employment Development Department (EDD) is continuing to modernize its myEDD online benefit portal — adding a Weekly Wage Reporting Tool to assist unemployment customers to accurately report any earnings they may receive while collecting benefits. The tool combines implementing a wage calculator along with helpful instructions to carefully explain the types of income to report.
Listening to unemployment customers, EDD learned that the wage reporting requirements can be confusing given the vast variety of earnings they may have to report, the differences between when wages are earned and when the individual is actually paid, and between gross wages (earned before any deductions) and net wages.
“Our new Wage Tool is another example of how we’re prioritizing customer-centered improvements. Reporting wages accurately helps Californians get paid faster and minimizes follow-up work from our staff so they can spend more time helping customers where it matters most.”
– EDD Director Nancy Farias
The unemployment program can be complex. It requires that individuals receiving benefits certify, or answer basic questions every two weeks to tell the EDD that they are still unemployed and remain eligible to continue receiving benefit payments. These questions include letting EDD know if the person receiving benefits was working or earning any wages while receiving payments – which could impact the amount of their benefit payment.
Wages must be reported to the EDD the week they are earned, even if they haven’t been paid yet. Unemployment customers who don’t report wages, or inaccurately report their income, may receive an overpayment – benefits they will have to pay back later.
There are many different types of income that workers could receive with the variety of industries in California, including entertainment which has unique income types that are sometimes difficult for unemployment customers to identify and track accurately.
The tool’s wage calculator includes helpful instructions and drop-down menus to assist customers to better understand the types of income to report. Customers are prompted to enter information about their employer, the number of hours worked, and all related wages or income.
Visit Reporting Work and Wages FAQs for more information, including how wages earned impact the weekly benefit amount.
This new wage reporting tool will be followed by more online enhancements to the bi-weekly certification questions in 2026. At that time, EDD will be updating myEDD, making those questions all easier to understand and simpler to complete accurately. EDD is continuing to modernize and transform the customer and employee experience.
For more information about EDD’s modernization progress, visit EDD.CA.GOV
View original content:https://www.prnewswire.com/news-releases/modernizing-the-states-unemployment-program-helping-edd-pay-customers-faster-and-accurately-302593316.html
SOURCE Employment Development Department (EDD)
TULSA, Okla., Oct. 23, 2025 /PRNewswire/ — Elevate Holistics, a telehealth platform dedicated to medically-supervised cannabis access, today announces its renewed commitment to U.S. veterans — citing major 2025 legislative and usage-trends that underscore urgent need, and outlining how, under CEO Aspen Noonan, the company is expanding tailored support for veteran patients.
New Federal & Policy Milestones for Veterans
In 2025, significant policy advances signal changing terrain for veterans seeking medical cannabis:
- The United States House of Representatives approved amendments to the Military Construction, Veterans Affairs, and Related Agencies Appropriations Act (MilConVA) that would permit U.S. Department of Veterans Affairs (VA) doctors to recommend medical cannabis in states where it’s legal, and block VA funds from enforcing directives that prevent veterans’ participation in state-approved programs. THC Marijuana News -+2Business of Cannabis+2
- The United States Senate passed a companion provision (by vote 87-9) in 2025 allowing veterans to participate in state medical cannabis programs and prohibiting the VA from penalizing program participation. The Marijuana Herald+1
- A recent study found that among veterans aged 65-84, 14.1% reported using cannabis in the past year (largely for pain relief and sleep disorders). While use is growing, the authors note screening for cannabis-use-disorder (CUD) is increasingly important (36.3% of past-month users met CUD criteria). The Washington Post
Taken together, these shifts reflect a broader recognition of veterans’ need for more accessible and less opioid-centric treatment options—and a policy environment that is catching up.
Elevate Holistics’ Veteran-Focused Mission
Under the leadership of Aspen Noonan, Elevate Holistics is amplifying its veteran-centric initiatives:
“Veterans deserve choices,” says Noonan. “With the growing body of research and landmark policy reforms in 2025, we’re focused on ensuring veterans can access medically-directed cannabis under physician guidance — responsibly, safely, and with dignity.”
Key initiatives include:
- Veteran Outreach & Education: Providing tailored content and live webinars that address veterans’ unique needs—such as chronic pain from service-related injuries, PTSD-adjacent sleep disturbances, and reducing reliance on opioids.
- VA-Aligned Support Services: Helping veterans who live in legal states navigate state medical-cannabis programs, coordinate with licensed physicians, and maintain continuity with VA services.
- Partnering for Accessibility: Working with veteran-service-organizations to raise awareness of available programs, veteran discounts, and support lines for telehealth cannabis recommendation consultations.
- Data & Compliance Focus: As policy evolves, Elevate Holistics maintains rigorous standards in physician licensing, state-by-state compliance, and patient follow-up—ensuring veterans have access to medically-directed care, not merely recreational cannabis
Why This Matters Now
- With the policy barrier between the VA and state legal programs easing, more veterans will have the option to discuss medical cannabis with their VA providers or receive referrals — reducing the institutional barrier that previously forced out-of-pocket private-physician routes.
- The data showing substantial veteran usage of cannabis (14.1% in the older veteran cohort) underscores latent demand, mobile usage trends, and the potential for medically-supervised pathways to reduce risks associated with unsupervised self-medication.
- As the nation grapples with the opioid crisis (especially among veterans) and elevated rates of service-connected chronic pain and sleep disorders, medically-overseen cannabis access offers a potentially transformative alternative pathway.
About Elevate Holistics
Founded in 2019 and based in Tulsa, OK, Elevate Holistics is a woman-led telehealth platform solely focused on medical cannabis recommendations. Led by CEO Aspen Noonan, the company currently serves patients across multiple U.S. states via remote physician visits, state-specific compliance support, and comprehensive patient education. Elevate Holistics’ mission is to increase safe, medically-guided access to plant-based therapies—and to support underserved patient communities, especially veterans.
For Media Inquiries
Contact: Press Relations, Elevate Holistics
Email: partnerships@elevate-holistics.com
Phone: 816-400-4203
Website: https://elevate-holistics.com
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SOURCE Elevate Holistics
PHOENIX, Oct. 23, 2025 /PRNewswire/ — The Arizona Chapter of the American Society of Landscape Architects (AZASLA) proudly celebrates the success of the 38th Annual Sonoran Golf Open, held on September 25, 2025, at Whirlwind Golf Club in Chandler, Arizona.
This year’s tournament brought together landscape architects, industry partners, and community supporters for a day of camaraderie, competition, and connection — all in support of the Bob Schottke Scholarship Fund. Thanks to the generosity of participants, sponsors, and volunteers, AZASLA is donating over $11,000 from tournament proceeds to the fund, which helps support students pursuing landscape architecture degrees in Arizona.
“The Sonoran Golf Open continues to be one of the highlights of our chapter’s year,” said Justin Azevedo, Past Chapter President. “It’s a great opportunity to celebrate our profession while giving back to the future of landscape architecture in Arizona. The continued support for the Bob Schottke Scholarship Fund ensures that Bob’s legacy lives on by helping students follow in his footsteps.”
The 2025 Sonoran Golf Open was made possible through the incredible support of Presenting Sponsor, Hunter Industries, along with numerous event sponsors, raffle donors, and volunteers who helped make the day a success. Their dedication and contributions ensure this long-standing tradition continues to thrive each year.
AZASLA extends sincere gratitude to everyone who participated in and supported the 38th Annual Sonoran Golf Open. Planning is already underway for the 39th Annual Tournament in 2026, promising another exciting event dedicated to supporting the future of landscape architecture in Arizona.
About the Bob Schottke Scholarship Fund
The Bob Schottke Scholarship Fund, established by the Arizona Chapter of ASLA, honors the legacy of longtime member and mentor Bob Schottke, who dedicated his career to advancing the landscape architecture profession and supporting emerging professionals. The fund provides financial assistance to students enrolled in accredited landscape architecture programs in Arizona.
About AZASLA
The Arizona Chapter of the American Society of Landscape Architects (AZASLA) represents landscape architecture professionals and students across Arizona. The organization advocates for the advancement of the profession through education, outreach, and community engagement.
Learn more at www.azasla.org.
Contact:
Arizona Chapter of the American Society of Landscape Architects (AZASLA)
Email: communications@azasla.org
Website: www.azasla.org
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SOURCE ARIZONA CHAPTER OF AMERICAN SOCIETY OF LANDSCAPE ARCHITECTS
GRAND RAPIDS, Mich., Oct. 23, 2025 /PRNewswire/ — Meijer is announcing a voluntary recall of select Lullaby Lane and Meijer Corporate Seasonal (MCS) branded children’s sleepwear because the garments were not fully tested against the correct size flammability standards. These products are being recalled out of an abundance of caution. There have been no reports of injuries.
The impacted products are various colors of children’s one-piece footed sleepwear with zippers in sizes 12, 18, and 24 months that were sold between December 28, 2024, and October 15, 2025. The 0-9-month size sleepwear was tested against the correct standards and therefore is not impacted. A full list of impacted SKUs can be found here.
Customers can confirm if their product is impacted by matching the SKU information on the site with the information on their sleepwear. The UPC, style number, and production date are printed on a sewn-in side-seam label for all products. The brand and size are directly printed on the inside of the garment near the neck for Lullaby Lane products. An image of the season and size is directly printed on the inside of the garment near the neck for the MCS-branded products.
Customers who have purchased any of these products should immediately discontinue use. A full refund of the original purchase price can be requested at the Customer Service desk of the nearest Meijer store. Customers with questions regarding this voluntary recall can contact Meijer at 877-363-4537 from 7:00 AM – 10:00 PM (EDT) daily.
About Meijer: Meijer is a privately owned, family-operated retailer that serves customers at more than 500 supercenters, grocery stores, neighborhood markets, and express locations throughout the Midwest. As the pioneer of the one-stop shopping concept, more than 70,000 Meijer team members work hard to deliver a friendly, seamless in-store and online shopping experience featuring an assortment of fresh foods, high-quality apparel, household essentials, and health and wellness products and services. Meijer is consistently recognized as a Great Place to Work and annually donates at least 6 percent of its profit to strengthen its communities. Additional information on the company can be found by visiting newsroom.meijer.com.
View original content:https://www.prnewswire.com/news-releases/meijer-voluntarily-recalls-select-lullaby-lane-and-meijer-seasonal-childrens-sleepwear-302593172.html
SOURCE Meijer
CINCINNATI, October 23, 2025 /3BL/ – In honor of National Disability Employment Awareness Month, Fifth Third’s inclusive employment practices have again been recognized by the National Organization on Disability.
Fifth Third (NASDAQ: FITB) has been named a 2025 Leading Disability Employer, which recognizes companies setting the standard for disability inclusion across the entire employee lifecycle, from recruitment to retention.
“At Fifth Third, we believe that we are better when we are all connected,” said Nancy Pinckney, chief human resources officer for Fifth Third. “We strive to foster a sense of belonging and create an environment where everyone is treated with dignity and respect.”
Fifth Third’s inclusive employment practices include a robust network of Business Resource Groups (BRGs) that empower employees to advance inclusion efforts, access engagement opportunities, support business solutions, and volunteer in the community. The BRGs are employee-led and open to all Fifth Third employees.
Fifth Third is a founding partner of Project SEARCH, a one-year program that helps high school students with disabilities transition into the workforce. Since the program’s inception in 2005, Fifth Third has trained more than 425 students, including 29 current employees, as one of nearly 800 Project SEARCH locations worldwide.
Fifth Third was also the first bank to design a checking account for the Achieving a Better Life Experience program, or ABLE. These accounts allow individuals with disabilities to save and invest assets for disability-related expenses, and Fifth Third’s program was created by BRG members.
“We encourage our employees to bring their best thinking into the workplace to fully leverage the power of inclusivity and commonality as we work to be the one bank people most value and trust,” said Stephanie A. Smith, chief inclusion officer for Fifth Third.
NOD’s Leading Disability Employer award recognizes forward-thinking employers that embrace disability inclusion as a business imperative and embed proven practices to unlock talent, strengthen culture, and deliver results. The organization’s methodology includes the Disability Inclusion Blueprint, a comprehensive assessment tool that evaluates key business practices related to talent outcomes, strategy and policies, and practices and programs.
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About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.
Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.
CONTACT
Amanda Nageleisen (Media Relations)
amanda.nageleisen@53.com
Matt Curoe (Investor Relations)
matt.curoe@53.com | 513-534-2345
CLEVELAND, October 23, 2025 /3BL/ – KeyBanc Capital Markets (“KBCM”), the corporate and investment banking arm of Cleveland based KeyCorp (NYSE:KEY), is proud to announce that Casey Bush was recognized as a Future Leader of the Year 2025 at the prestigious P3 Awards.
The P3 Awards, hosted by P3 Bulletin, are the largest and most prestigious event solely focused on Public-Private Partnerships (P3). KeyBanc Capital Markets was also shortlisted for Financial Advisor of the Year, standing out among the ‘exceptional number of quality entries’ that were received by P3 Bulletin earlier this year.
Bush was selected for the “Future Leader of the Year” from a shortlist of seven distinguished individuals. The award recognizes individuals under 40 demonstrating leadership in the P3 sector, having significant impact within 10 years of starting in the industry, contributing to the advancement of transportation P3s, or showing future potential through innovation and commitment.
Bush is a director of Infrastructure and Public-Private Partnerships at KeyBanc Capital Markets (KBCM).
He specializes in advising public and private sector clients in the strategic, commercial, and financial development of their infrastructure portfolios including the structuring, procuring, and financing of major infrastructure projects.
In addition to advancing the P3 industry specifically, Bush was also recognized for his contributions to developing the communities through volunteerism. For six years, Bush served as a head coach and mentor to at-risk youth in Chicago through GRIP Outreach for Youth (GRIP) and worked with an after-school program focused on building long term “life-on-life” mentorship relationships. He also established GRIP Outreach for Youth’s Advisory Board whose mission is to serve GRIP through fundraising, networking, and mentor-development efforts.
I am extremely proud of Casey and the rest of our team who are committed to excellence and delivering innovative solutions and ideas for our clients,” said Thomas Mulvihill, managing director and head of KeyBanc Capital Markets Infrastructure Finance and P3 Group.
The panel of judges was comprised of 28 international senior executives from the fields of insurance, finance, education, and construction.
About KeyBanc Capital Markets
KeyBanc Capital Markets is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies capitalizing on opportunities in changing industries. Our deep industry expertise, broad capabilities and unique ideas are seamlessly delivered to companies across the Consumer & Retail, Diversified Industries, Financial Services, Healthcare, Industrial, Oil & Gas, Real Estate, Utilities, Power & Renewables, and Technology verticals. With more than 800 professionals across a national platform, KeyBanc Capital Markets has raised more than $125 billion of capital over the last twelve months for its clients and has an award-winning equity research team that provides coverage on over 500 publicly traded companies.
KeyBanc Capital Markets is a trade name under which the corporate and investment banking products and services of KeyCorp® and its subsidiaries, KeyBanc Capital Markets Inc., Member FINRA/SIPC (“KBCM”), and KeyBank National Association (“KeyBank N.A.”), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives. Banking products and services are offered by KeyBank N.A. Securities products and services: Not FDIC Insured • No Bank Guarantee • May Lose Value
About KeyCorp
In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187 billion at September 30, 2025.
Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.
CONTACT:
Laura Mimura
216-471-2883
laura.mimura@key.com
KEY MEDIA NEWSROOM:
As a responsible investor, MetLife maintains a long-term, value-driven perspective through MetLife’s general account (GA) investment portfolio. MetLife’s responsible investments seek to achieve a market financial return while considering social and/or environmental benefits that help create healthier communities and a more sustainable environment to build a more confident future for stakeholders.
These investments focus on the core areas of infrastructure investments, green investments, municipal bonds, affordable housing and impact investments.1
Examples in this article represent various investments made in 2024 through MetLife’s GA investment portfolio.
INFRASTRUCTURE INVESTMENTS
Supported by MetLife Investment Management, LLC and certain of its affiliates’ (MIM’s) strengths as the largest infrastructure debt investments manager globally by assets under management (AUM)1, MetLife invests in infrastructure projects that create jobs, support resilient communities and provide economic benefits. These projects could include building or upgrading airports, ports, roads, pipelines, transmission lines and power generation. MetLife’s GA investment portfolio includes $23.5 billion of responsible infrastructure AUM2.
MetLife’s infrastructure investments work to address global infrastructure needs. MetLife committed $50 million to finance the construction of the Mayakan natural gas pipeline, which aims to bring cheaper natural gas from the U.S. to the Yucatán peninsula in Mexico, an expansion that could help to reactivate economic growth in the region.
MetLife has also invested $101 million in the Champlain Hudson Power Express® (CHPE) project, a 339-mile underground and underwater transmission line that will bring clean, hydropower electricity from Quebec, Canada directly to New York City’s local power grid. Once operational, CHPE is expected to help reduce emissions and provide New Yorkers with a low-cost, renewable energy supply. The project is expected to be completed by spring 2026.
GREEN INVESTMENTS
MetLife invests in companies and projects that are focused on the conservation of natural resources, the production and discovery of alternative energy sources, the implementation of clean air and water projects and other environmentally conscious business practices.
MetLife also invests in the Commercial Property Assessed Clean Energy sector, which finances property improvements such as solar panels, water systems, and heating, ventilation and air-conditioning system upgrades to improve energy and water efficiency or resiliency to climate-related damage.
In Austin, Texas, MetLife provided debt financing for the Austin Proper Hotel, a Leadership in Energy and Environmental Design (LEED) Gold-certified building developed on a former brownfield site, built with locally sourced travertine, energy-efficient LED lighting and a reclaimed irrigation system. The hotel has also earned high walk, transit and bike scores, underscoring its accessibility within the community.
Additionally, MetLife was the lead investor in the Atal Solutions’ Blue Astra Maritime note issuance, which financed the environmentally friendly retrofitting of four second-hand dry bulk vessels. In recognition of their significant sustainability efforts, IJGlobal awarded Atal an ESG Energy Transition Award in 2024.3
MUNICIPAL BONDS
MetLife’s municipal bond investments support infrastructure, education and community services spanning 450 communities in 44 U.S. states and Washington, D.C. The proceeds of these investments can be used to finance or refinance environmental, water and clean energy projects, as well as projects with anticipated positive social outcomes, such as affordable public housing and school building revitalization.
In 2024, MetLife invested $81 million in State Housing Finance Agency bonds issued by the Illinois Housing Development Authority, which has provided more than $27 billion in state, federal and leveraged financing to enable the purchase, development or rehabilitation of more than 327,000 homes and apartments for low- and middle-income households. The spending of the proceeds aligns with the International Capital Market Association’s Social Bond Principles of affordable housing, access to essential services, and socioeconomic advancement and empowerment.
AFFORDABLE HOUSING INVESTMENTS
MetLife invests in high-quality housing projects that seek to build financial health and bring benefits to communities. These housing investments involve partnering with nonprofit organizations that provide rental homes at below-market rents to low-income earners, including teachers, nurses, council workers and the elderly and infirm.
MetLife committed £120 million to Local Space, a U.K. charitable housing association whose purpose is to provide safe, high-quality, temporary accommodation to people experiencing homelessness, with residents averaging an occupation tenure of six years. Local Space also seeks to connect residents with health, education and other support services and resources, alongside housing accommodations.
Read more about MetLife’s responsible investments in our 2024 Sustainability Report.
1 Please see the Glossary for additional information on responsible investments.
2 IPE Real Assets (July/August 2024 issue). Based on MIM’s Total AUM as of December, 31, 2023. See Explanatory Note.
23 As of December 31, 2024. At estimated fair value.
34 Atal Solutions.
https://www.linkedin.com/posts/atalsolutions_sustainability-energytransition-esg-activity-7253020458030108672-IW7-/. Accessed December 2024.
2025 report underscores the combined impact of hurricanes, hail and flooding as severity and loss costs continue to climb
ATLANTA, Oct. 23, 2025 /PRNewswire/ — LexisNexis® Risk Solutions today released its 10th annual LexisNexis U.S. Home Trends Report, providing an updated analysis of by-peril claims trends in the U.S. home insurance industry to help carriers make more informed, strategic decisions. Examining loss cost and claims frequency and severity, the report also offers insights into seasonality shifts, catastrophic claims and geographic patterns, including trends by U.S. state.
Key Takeaways
- All Peril severity increased 9% between 2023 and 2024, the highest in seven years, with 2024 breaking records set in 2023 as the U.S. experienced 27 climate disasters with $1 billion or more in damages, and 21% above the long-term average. All Peril loss cost was 49.7% higher in 2024 than in 2019.
- Catastrophe claims represented 42% of claims across all perils combined in 2024, while catastrophe losses increased to 64%, another seven-year high signaling the growth of catastrophic events driving overall loss trends.
- Wind claims surged in 2024, with severity up23.5% and loss costs jumping 30.7%, fueled by Hurricanes Helene and Milton – two of the costliest events of the yeari. Losses peaked in September last year, the height of hurricane season.
- Hail loss costs was 19% above the seven-year average in 2024 and nearly two-thirds of claims deemed catastrophic. Loss cost for other weather-related perils declined across Fire and Lightning (down 3%) and Non-Weather-Related Water (down 4.3%) from 2023 to 2024, while Weather Related Water rose 25.4%.
“U.S. home insurers are facing two converging challenges: climate-driven catastrophes intensifying and inflation continuing to drive up repair and replacement costs,” said George Hosfield, vice president, home insurance, LexisNexis Risk Solutions. “These pressures are helping to contribute to higher premiums for U.S. consumers as carriers work to manage rising loss costs. The data shows just how critical it is for the insurance industry to leverage more advanced analytics to help anticipate risk and maintain resilience. Last year, catastrophe claims accounted for nearly two-thirds of all losses, which was the highest level we’ve seen in the seven years included in this year’s study.”
All Peril Trends
- The U.S. home insurance industry has experienced an upward trend in loss cost across all perils combined over the past seven years.
- Severity reached its highest level in seven years in 2024, increasing 21% above the long-term average, likely driven by sustained inflationary pressures across all perils. While severity is high, frequency declined from 2023 to 2024 by 11.6%.
- Colorado ranked highest in loss cost from catastrophic claims, while Nebraska had the highest loss cost of All Peril claims combined in 2024, driven by Hail losses. U.S. states with the highest combined catastrophe and non-catastrophe loss costs include Colo., Minn., Neb., La. and S.D. The lowest ranking states include Nev., N.H., W. Va., Vt. and Maine.
Hail Perils
- In 2024, the U.S. experienced 5,373 hail events, down from 2023ii, but the loss costs continued their upward trend, sitting 19% above the seven-year average.
- The U.S. experienced 11 severe weather/hail events with the cost of hail damage exceeding $3 billion per annum – up from less than $500 million in the last 24 yearsiii.
- States with the highest impact of hail-related perils include Colo., Neb. and Kansas. In 2024, the highest loss cost peril in Texas was hail over other weather events.
- Hail peril seasonality over the past seven years continues, with April, May and June observing the highest frequency and loss cost.
Wind, Water, Fire and Lightning Perils
- Wind peril frequency rose 5.8%, along with loss cost increasing 30.7% from 2023-2024. Severity increased 23.5% year over year.
- Fire and Lightning perils in 2024 saw decreases across loss cost (-3%) and frequency (-13.5). However, severity increased 12.2% in 2024, likely due to major fires in New York, Connecticut and New Mexicoiv. Catastrophic claims made up 10% of claims in 2024.
- In 2024, there were 91 flash flood emergencies, a record-breaking number since 2003v, causing an increase in loss cost. Weather-Related Water loss cost increased 25.4% from 2023 to 2024, with claims severity up 29.6%, while claims frequency declined 3.2%. Oregon recorded the highest loss cost due to a severe winter storm with strong winds and freezing temperatures that led to burst water pipesvi. In 2024, 64% of weather-related water claims were catastrophic.
Non-Weather-Related Perils
- Addressing claims related to water damage, such as leaking pipes and appliances, Non-Weather-Related Water perils decreased across loss cost (-4.3%) and frequency (-9.9%) while severity increased (6.2%) in 2024.
- Theft loss cost and frequency decreased by 20% and 20.9%, respectively, in 2024, and severity rose by 1.1%, partially attributed to the rising cost of consumer goods such as high-end appliances and kitchenwarevii.
- Liability loss cost increased 5.5% along with severity (18.8%) in 2024, while frequency decreased by 11.2%.
- Other Perils, including physical damage claims not included elsewhere, extended coverage, damage to property of others, etc., saw a severity increase of 2.4% year over year. Loss cost, along with frequency, both declined 24.6% and 17.3%, respectively, from 2023 to 2024.
“The sharp rise in severity across multiple perils highlights the need for carriers to think beyond short-term rate actions,” continued Hosfield. “Carriers that leverage more advanced property data insights–from roof condition to water damage risk–can make more informed underwriting decisions and stand a better chance of weathering the storm even as climate volatility and inflation continue to pressure the market.”
Download the latest LexisNexis U.S. Home Trends Report.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com, and www.relx.com.
Media Contacts:
Chas Strong
LexisNexis Risk Solutions
Phone: +1.706.714.7083
Charles.Strong@lexisnexisrisk.com
i Adam B. Smith, “2024: An active year of U.S. billion-dollar weather and climate disasters,” National Oceanic and Atmosphere Administration (NOAA) Climate.gov, https://www.climate.gov/news-features/blogs/beyond-data/2024-active-year-us-billion-dollar-weather-and-climate-disasters
ii “Facts + Statistics: Hail,” Insurance Information Institute, 2025, https://www.iii.org/fact-statistic/facts-statistics-hail
iii “Hail Statistics by State,” YPA Public Adjusters, https://www.ypapublicadjusters.com/hail-statistics-by-state/
iv Hristina Byrnes, “Year In Review: The 25 Biggest Wildfires of 2024,” Climate Crisis 247, https://climatecrisis247.com/gallery/year-in-review-the-25-biggest-wildfires-of-2024/
v Mary Gilbert, “An unprecedented number of flood emergencies have ravaged the US. It’s a warning of what’s to come,” CNN, https://www.cnn.com/2024/10/25/weather/record-numbers-of-an-extreme-warning-show-the-reality-of-climate-change
vi Lillian Karabaic, Joni Auden Land and Courtney Sherwood, “Cold weather, power failures continue in aftermath of Oregon storm,” Oregon Public Broadcasting (OPB), https://www.opb.org/article/2024/01/14/winter-storm-ice-snow-deaths-power-failures-portland-oregon-willamette-valley
vii Whizy Kim, “The surprising reason luxury goods are booming,” Vox, https://www.vox.com/money/23728283/luxury-designer-boom-nike-lvmh-pandemic-le-creuset
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SOURCE LexisNexis Risk Solutions
NEW YORK, Oct. 23, 2025 /PRNewswire/ — On October 22, Attain Partners led “Strengthening the Scaffolding: What Nonprofits Need Now to Sustain Society’s Future,” a groundbreaking summit that brought together several of the most influential Chief Development Officers in the nonprofit sector. Representing organizations that collectively raise more than $19 billion annually, these leaders gathered for a closed-door discussion focused on the urgent challenges and opportunities facing philanthropy today.
Hosted by Sterrin Bird, Nonprofit Executive in Residence at Attain Partners, the summit marked the first in-person meeting of this distinguished group of female nonprofit leaders since they began convening virtually in 2020. The event served as a forum for deep reflection and action planning at a pivotal time for the industry—one in which public trust is shifting, fundraising models are evolving, and the nonprofit workforce continues to face mounting pressure.
“Philanthropy has always been a powerful force for possibility,” said Bird. “Bringing these extraordinary leaders together was about more than conversation, it was about amplifying the collective voice of women who are shaping the future of giving. Together, we are reimagining what philanthropy can be and ensuring that generosity continues to sustain our society’s foundation.”
The summit participants included senior fundraising and development leaders at some of the world’s most impactful nonprofit organizations: American Academy of Pediatrics, American Heart Association, American Red Cross, Blood Cancer United, Breakthrough T1D, Educational Media Foundation, Feed the Children, New York Public Radio, Orbis International, Save the Children US, United Way Worldwide, USA for UNHCR, and We Are For Good.
Discussions explored how the sector can adapt to modern demands while staying rooted in the timeless values of empathy and community. Attain Digital, the firm’s technology and innovation practice, played a key role in shaping the summit’s vision and outcomes.
“We’re passionate about empowering nonprofits to maximize their impact through technology and innovation,” said Reshma Patel-Jackson, Partner and Attain Digital Lead. “This event underscores our commitment to helping mission-driven organizations evolve for a digital future, strengthening their ability to connect, inspire, and create change at scale.”
Insights from the summit will inform an upcoming thought leadership paper titled “Strengthening the Scaffolding: What Nonprofits Need Now to Sustain Society’s Future,” to be published on attainpartners.com. The paper will spotlight key themes from the convening and offer a collective call to action for the nonprofit community.
Additional information about the firm’s Fundraising Advisory and Precision Philanthropy services can be found here.
About Attain Partners
Based in McLean, Va., Attain Partners is a leading management and technology consulting firm delivering services and solutions to advance client missions across the education, nonprofit, healthcare, and state and local government landscapes. For more information, please visit attainpartners.com.
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SOURCE Attain Partners
