Risk
Hurricane Wind Speeds Increased by 18MPH Over Past Five Years: Study
A new study shows warmer than normal ocean temperatures caused by global warming boosted maximum intensities for most storms between 2019 and 2023, as well as for every 2024 hurricane. As a result of ...
Bumps Ahead as Disruption Drives Changes in Auto Insurance
There is no doubt the auto insurance industry is in a state of flux. Rising repair costs, poor driving behavior and advancing auto technology has disrupted the market, and there are no signs it will ...
Florida Home Sales Decline Amid Hurricane Recovery, Surging HOA and Insurance Costs
Florida is home to the five U.S. metropolitan areas where pending home sales are falling the fastest, according to a new report from real estate platform Redfin. The Sunshine State's housing market ...
More Logging Proposed to Curb Wildfires in the Pacific Northwest
U.S. officials would allow increased logging on federal lands across the Pacific Northwest in the name of fighting wildfires and boosting rural economies under proposed changes to a sweeping forest ...
Insurance Ranks in the Top 5 Most Affected Industries When It Comes to Identity Fraud
Analysis of over three million identity fraud attempts last year highlight the serious threat posed to individuals and companies worldwide, according to full-cycle verification platform Sumsub. The ...
Biden Administration Urges Congress to Fund Disaster Relief
President Joe Biden's budget director called on U.S. lawmakers on Monday to quickly pass emergency disaster relief funding in the wake of damaging storms and said it would send Congress a funding ...
Mitigating Flood Risk 10x More Cost Effective Than Rebuilding: Swiss Re
Flood damage-related economic losses totaled $51.6 billion in 2023, but research shows protective measures can substantially reduce losses, according to Swiss Re Institute. As losses are expected to ...
New York Judge Rejects Climate Concerns in Effort to Shutter Bitcoin Mine
A cryptocurrency plant in central New York can continue operating after a court rejected the state's effort to shutter the facility over concerns about its climate impact. The decision was hailed as ...