Mississippi High Court Tells USAA to Pay up in Hurricane Katrina Bad-Faith Claim December 9, 2024 By William Rabb When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to...
Global Temperature Set to Surpass 1.5C Threshold in Hottest Year on Record December 9, 2024 By Olivia Rudgard This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for...
Swiss Re: Hurricanes, Severe Thunderstorms and Floods Put Insured Losses Over $100B Again December 5, 2024 Insured losses from natural catastrophes are on track to exceed $135 billion in 2024, with at least two-thirds of this...
Study: A Meter of Sea Level Rise Could Impact $1 Trillion in Property Along Southeast Coast December 5, 2024 A meter of sea level rise by 2100 would affect more than 14 million people and $1 trillion worth of...
Moody’s: Rising Flood Risks Posing Greater Challenges for Eastern and Southern US December 2, 2024 Flood risk is rising across the Eastern and Southern states from extreme rainfall, hurricanes, and sea level rise, according to...
Bridging The Carrier-Restoration Knowledge Divide with Technology November 25, 2024 By Kimberly Burdi-Dumas Insurance carriers and restoration teams face a cascade of challenges. The increasing frequency and severity of climate-induced catastrophes, such as...
Atmospheric River to Hit Pac Northwest and California; Snow Could Impact Parts of Northeast And Great Lakes November 18, 2024 Meteorologists are forecasting a stormy pattern that could impact millions of people across U.S. this week with the threat of...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion November 12, 2024 By Macarena Muñoz The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total...
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings November 8, 2024 By Rodrigo Orihuela, Clara Hernanz Lizarraga and Thomas Gualtieri As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize...
NHC: Rafael is West of Florida Keys and Weakened as it Heads to Southern Gulf November 7, 2024 By Don Jergler Hurricane Rafael, which struck Cuba with heavy rainfall and flooding as well as gusts and rain in the Florida Keys...