Hawaii Could See a Big Hurricane Season, but Most Homes Aren’t Ready August 2, 2023 By Audrey McAvoy HONOLULU (AP) — Jan Pappas and Ronald Yasuda hired a contractor to fasten the roof of their 1960s-era home to...
Catastrophe Losses Double at Travelers as Insurance Industry and More Regions Absorb Severe Weather July 21, 2023 By Michelle Chapman Travelers, considered a bellwether for the insurance industry due to its size, said catastrophe losses doubled in its most recent...
AXA Weighs Offloading $2B Reinsurance Arm to Cut Disaster Risk – Sources July 11, 2023 By David French and Pablo Mayo Cerqueiro One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure...
Heat Waves Like the One that’s Killed 14 in the Southern US are Becoming More Frequent July 3, 2023 PHOENIX (AP) – Heat waves like the one that engulfed parts of parts of the South and Midwest and killed...
Hurricanes Moving Farther North to Pummel Millions More Homes in US February 28, 2023 By Leslie Kaufman and Eric Roston Is it possible to predict exactly where the wind will blow? How about where it will blow 30 years from...
Study: Back-to-Back Hurricanes Likely to Come More Often February 28, 2023 By Seth Borenstein What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States...
$45M Funding Bill to Entice Insurers Advances to House Floor February 2, 2023 By Sara Cline BATON ROUGE, La. (AP) — As Louisiana lawmakers continue to discuss a proposed bill that would allocate $45 million to...
Louisiana Special Session to Tackle Insurance Crisis Begins February 1, 2023 By Sara Cline BATON ROUGE, La. (AP) — As insurers in Louisiana flee the state and residents face exorbitant, and in some cases...
After 18 Years, $1.5B Dike Repair Done at Florida’s Lake O January 26, 2023 By Curt Anderson ST. PETERSBURG, Fla. (AP) — After 18 years, a $1.5 billion project was officially completed Wednesday to repair the sprawling...
Natural Disasters Caused $313B Economic Loss in 2022 – Aon January 25, 2023 Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated...