Kathmandu. The number of insurance claims in the United States fell to its lowest level in five years in 2025 as mild weather reduced the frequency and severity of natural disasters in much of the country. <\/p>\n
According to Verisk’s annual Insurance Claims Trends Report released in April 2026, insurance claims have decreased across most personal and business property and casualty lines compared to the previous year. Homeowners’ insurance claims fell 19 per cent year-on-year to around Rs 5.3 million. This is the lowest level in 5 years. That compares to a peak of $65 in 2024. The decline was primarily due to calm Atlantic hurricane season. It had less landslides and less damage than in recent years. <\/p>\n
Commercial property insurance claims have also come down to around 7,10,000. Personal car insurance claims continue a multi-year downward trend. This claim is expected to decline by about 3 percent in 2025. Last year, in 2024, it was down by about 5 percent. Commercial car insurance claims also recorded a similarly modest decline. <\/p>\n
Despite the overall decline in the number of insurance claims, insurance companies are facing challenges from more serious and concentrated losses. In January, the Los Angeles fires were the costliest fire in record numbers. This resulted in about $28 billion in insured losses. That’s more than double the previous record set by Camp Fire in June 2018. <\/p>\n
New risks, including changes in gig-economy driving patterns and the increasing impact of wildfire smoke damage, have made it more difficult to handle insurance claims and, in some cases, extended resolution times. <\/p>\n
“While low insurance claims numbers provide some relief after several years of high destructive activity, the real risk environment remains highly volatile,” Verisk analysts said in the report. \u2019<\/p>\n
The data also points to a change in risk patterns. Some of the dangers are getting more serious. However, the overall frequency has decreased. <\/p>\n
Highlighting the continued importance of disciplined pricing, reservations and risk modelling, insurance industry experts warn that even a year of an active season could quickly reverse this trend. “Even if the weather stabilizes for a while, calm conditions for 2025 ultimately highlight that the insurance sector can withstand unpredictable weather changes,” they said. \u2013Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The number of insurance claims in the United States fell to its lowest level in five years in 2025 as mild weather reduced the frequency and severity of natural disasters in much of the country. According to Verisk’s annual Insurance Claims Trends Report released in April 2026, insurance claims have decreased across most personal […]<\/p>\n","protected":false},"author":16,"featured_media":252280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-295813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=295813"}],"version-history":[{"count":1,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295813\/revisions"}],"predecessor-version":[{"id":295814,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/295813\/revisions\/295814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/252280"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=295813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=295813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=295813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}