AccuWeather: Record Warm Winter Costs Businesses Billions in Losses April 18, 2024 Unseasonably warm winter weather cost businesses and event planners in the northern Plains and upper Midwest billions of dollars in...
Feds Announce Another $100M for Collaborative Wildfire Risk Reduction Program February 23, 2024 The federal government announced that additional $100 million of Inflation Reduction Act funding will be allocated toward 21 high-risk landscapes...
Storm Henk Causes Around 150M Pounds in UK Insured Losses January 10, 2024 By Carolyn Cohn and Simon Jessop LONDON — Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and...
Munich Re: Quakes and Storms Cause $95 Billion in Insurance Losses in 2023 January 9, 2024 By Alexander Hübner and Tom Sims Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in...
Insured Loss Estimates from Japan Earthquake Range from $1B to $6.4B January 8, 2024 Insured losses from the devastating earthquake in Japan could reach $6.4 billion, according to an estimate from U.S.-based catastrophe modeling...
Global Insured Losses From Severe Convective Storms Hit New High of $60B: Swiss Re December 7, 2023 Global insured losses from severe thunderstorms have hit a new all-time high of $60 billion in 2023, with overall natural...
Aon Report Says Insured Losses from Severe Convective Storms Tops $50B for First Time October 20, 2023 By Lisa Howard Insured losses from severe convective storms in the United States continued to increase during the third quarter, surpassing the $50...
Insurance Industry Should Expect $100 Billion in Catastrophe Losses Every Year: Verisk September 11, 2023 By Chad Hemenway Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in...
Insurance Losses from Mississippi Tornado Nearing $100M April 20, 2023 By Michael Goldberg JACKSON, Miss. (AP) — Insurance losses from the March tornado that carved a path of destruction through parts of Mississippi...
Turkey Earthquakes to Cost Insurers $2.4 Billion – KCC February 17, 2023 Catastrophe modeling firm Karen Clark & Company (KCC) said on Thursday it expects insured losses of $2.4 billion from the...