floods News

Floods Top of Mind as Canadian PM Trudeau Outlines Priorities to Parliament

OTTAWA — Canadian Prime Minister Justin Trudeau will add rebuilding from British Columbia’s devastating floods to his list of priorities when he outlines plans on Tuesday for the new parliamentary session, which include firmer measures to fight climate change. Trudeau’s …

Insurer Hiscox Earmarks $150M For Hurricane, Flood Losses

Hiscox has set aside $150 million to cover losses linked to Hurricane Ida and floods in Europe, the insurer said, above analysts’ expectations, while it reported strong premiums written this year thanks to rising rates. The Lloyd’s of London insurer …

46 Dead After Heavy Rains, Landslides in Northern India

LUCKNOW, India (AP) — At least 46 people have died and several are missing after floods triggered by heavy rains hit the northern Indian state of Uttarakhand, officials said Wednesday. Rescuers worked through the night to retrieve bodies stuck in …

Why Snow, Hail and Wildfire Are Expensive for the Insurance Industry

If you’re having trouble wrapping your mind around the scree of natural catastrophes currently plaguing the world—from deadly July floods in Germany and China to the wildfires still burning in Greece, California and Siberia —you may be interested to know …

Extreme Weather Sounds Alarm For Under-Insured China

BEIJING — Devastating summer floods in the populous province of Henan in central China are a wake-up call for local authorities to seek better insurance cover against natural disasters, potentially opening up a huge market for insurers in the country. …

Floods Hit Northern Turkey; Several People Hurt, Missing

ANKARA, Turkey (AP) — Heavy rains triggered severe floods and mudslides in northern Turkey on Wednesday, leaving one woman missing, others injured and cars swept away by torrents, officials said. Helicopters scrambled to rescue people stranded on rooftops. The floods …

Once-in-50-Year Heat Waves Now Happening Every Decade – U.N. Climate Report

Extreme heat waves that previously only struck once every 50 years are now expected to happen once per decade because of global warming, while downpours and droughts have also become more frequent, a UN climate science report said on Monday. …

Germany Defends Preparation for Floods, Considers Lessons

BERLIN (AP) — German officials are defending their preparations for flooding in the face of the raging torrents that caught many people by surprise and left over 190 people dead in Western Europe, but they concede that they will need …

Storm Leaves 3 Dead, Displaces Thousands in Philippines

MANILA, Philippines (AP) — A tropical storm left at least three people dead and displaced thousands of villagers in the southern and central Philippines, where it triggered floods and landslides, officials said Wednesday. Forecasters said the storm Choi-wan was blowing …

Swiss Re Says Secondary Perils Should Be a Priority Concern for Insurers

Swiss Re warned insurers Tuesday that secondary perils such as thunderstorms and wildfires are making up a growing share of the losses caused by natural catastrophes, even in a year that experienced an abnormally active North Atlantic hurricane season. The …