The cost of a surplus-lines homeowners’ policy in Florida is now about the same as admitted-market HO policies, reflecting the...
natural catastrophe News
Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total...
When Hurricane Katrina slammed into New Orleans in August 2005, causing greater insurance losses than any other natural disaster in...
The 2024 hurricane season presented challenges for insurers thanks largely to hurricanes Beryl, Helene, and Milton—the three powerful storms caused...
The year 2024 will be remembered as a defining moment in the history of weather-related catastrophes. From unprecedented heat waves...
As 2025 begins with wildfires wreaking devastation across Los Angeles, it’s now clear that insured losses from natural catastrophes last...
Four natural catastrophes over four weeks during Canada’s summer season have resulted in about five times the amount of claims...
Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with U.S. claims accounting for...
When disaster hits in the US, the federal government gives aid to states and counties, but also to individuals. In...
Experts predicted insured losses from Hurricane Ian could earn it a spot as one of the costliest natural disasters in...