extreme weather News
What is a Heat Dome? Beyond Texas, Where are Scorching Temps Headed?
Scorching temperatures brought on by a "heat dome" have taxed the Texas power grid and threaten to bring record highs to the state before they are expected to expand to other parts of the U.S. during ...AM Best: Only Two Impaired Insurers in ’22, Down From 10 in ’21
Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, P/C insurers performed well in 2022, according to the latest report on the long-term impairment rates of ...Poll Finds Extreme Weather an Almost Universal Experience in the U.S.
An overwhelming majority of people in the United States say they have recently experienced an extreme weather event, a new poll shows, and most of them attribute that to climate change. The findings ...Climate Is Forcing the Most Risk-Aware Industry to Reinvent Itself
When it comes to climate impacts, the front line of the finance industry is insurance. Last year's payout from damages caused by extreme weather events totaled $120 ...
Extreme Weather Poses as Big a Threat to Global Energy Security as Ukraine War: WMO
Energy infrastructure will become more vulnerable to extreme weather such as heatwaves and hurricanes, the World Meteorological Organization warned on Tuesday, with a ...