While the 2025 hurricane season in the United States has been relatively quiet and third-quarter losses are lower than usual, global natural catastrophes still reached $114 billion in insured losses during the first nine months of 2025, according to Aon. A high share of the insured losses occurred in the United States, with severe convective storms (SCS) the costliest peril. According to a Gallagher Re report, severe convective storms in the U.S. cost insurers an estimated $46 billion, the third consecutive year in which US SCS claims through September exceeded $40 billion.
To help mitigate losses, several states have been working to strengthen community resilience over the past several years. Here is what has taken place around the country.
New Jersey
Senate Bill 2607 requires municipalities to incorporate climate vulnerability assessments into local planning, specifically analyzing flood and heat risks. Supported by the N.J. Department of Environmental Protection, catastrophic scenario modeling is used to ensure that future development aligns with the state’s resilience plans.
South Carolina
The state created the Office of Resilience to design and implement a framework that includes assessing state vulnerabilities, organizing resources, and implementing mitigation projects. The office is guided by a Resilience Advisory Committee that facilitates broad stakeholder input.
Colorado
The state established the Office of Climate Preparedness to coordinate disaster recovery and develop a statewide climate roadmap, integrating climate adaptation, mitigation, and resilience strategies to support long-term environmental and community health efforts. Colorado also established the Disaster Resilience Rebuilding Program to provide financial support for rebuilding homes, businesses, and infrastructure following disasters, while encouraging sustainable rebuilding projects that promote high-efficiency and sustainable reconstruction efforts.
Texas
The Texas Flood Infrastructure Fund was established to provide grants and low- or no-interest loans to assist communities in enhancing flood mapping, strengthening floodplain management, and implementing large-scale mitigation projects throughout the state.
Additional Initiatives
States are also tapping into federal funding streams, including FEMA’s Safeguarding Tomorrow Revolving Loan Fund, which is distributing hundreds of millions of dollars to resilience projects in North Dakota, Iowa, Michigan, New York, Virginia, New Jersey, South Carolina, and Tennessee. These investments support infrastructure upgrades, flood mitigation, and community-scale protections aimed at reducing future insured losses.
Florida, Virginia, and South Carolina have strengthened their building codes over the years to improve resilience against natural disasters, such as hurricanes.
About Seneca Insurance Companies
Seneca Insurance Companies are known for having a broad appetite for writing property risks. We offer admitted and non-admitted ISO-based policies, with catastrophe perils tailored to specific locations and risk characteristics. We also provide Builder’s Risk solutions for property under construction.