Trump’s Hiring Freeze Throws Wildfire Fighters into Disarray February 19, 2025 By Olivia Raimonde Federal firefighters have found their jobs on the chopping block as a result of U.S. President Donald Trump’s executive orders,...
Catastrophic Weather Drives Insured Losses to Highest Since 2017 January 10, 2025 By Stephan Kahl As 2025 begins with wildfires wreaking devastation across Los Angeles, it’s now clear that insured losses from natural catastrophes last...
International, Domestic Insurers Push into Catastrophe-Hit US Property Markets December 16, 2024 By Carolyn Cohn and Noor Zainab Hussain International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits...
Moody’s: Northeast U.S. States in the Wildfire Spotlight December 10, 2024 By Firas Saleh States such as California are certainly experiencing a more ferocious wildfire season this year than a relatively quiet 2023. Combined...
What’s Behind New York Fires? Climate Change, Land Use and History November 13, 2024 By Brian K. Sullivan Wildfires that are raging across New York and New Jersey highlight a new threat to one of the world’s most...
High Winds in Southern California Drive Two Blazes November 6, 2024 A wildfire sparked in California’s upscale Malibu beach community on Wednesday was driven by powerful winds sweeping apart the state’s...
Insurance Czar Has ‘Harsh’ Message About Climate: You May Just Have to Move September 24, 2024 By Thomas Seal The soaring cost and difficulty of insuring against climate risks may force people to relocate, the head of Canada’s main...
A Continent Ablaze: South America Surpasses Record for Fires September 13, 2024 By ake Spring and Stefanie Eschenbacher South America is being ravaged by fire from Brazil’s Amazon rainforest through the world’s largest wetlands to dry forests in...
Storm Warnings Across Southern Europe From Italy to Serbia August 27, 2024 By Paul Tugwell and Eva Brendel Thunderstorm alerts are in place for a swath of Europe from the south of France to the Balkans. There are...
Extreme Weather Sends Insured Losses 70% Above Historical Norms July 31, 2024 By Stephan Kahl Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the...