The United States is Earth’s punching bag for nasty weather. Blame geography for the U.S. getting hit by stronger, costlier,...
catastrophes News
Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated...
When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused...
A disaster-weary globe will be hit harder in the coming years by even more catastrophes colliding in an interconnected world,...
The newest member of Farmers Insurance Group’s catastrophe response team is a four-legged robot that vaguely resembles a headless greyhound....
The world was watching end-of-days scenes: Firefighters in yellow jackets, blurry against a copper sky, battled to push back walls...
As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the...
Global insurers are well capitalized to absorb the hit from rising claims and costs related to the COVID-19 pandemic, ratings...
Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost...
SAN FRANCISCO — A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to...