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Federal lawmakers introduced a bill to create a federal natural catastrophe backstop recently, reacting to insurers' issues with growing private reinsurance costs. But a trade group for carriers ...
In Florida, this year has been a tale of two states as far as rainfall totals, with the southeast coast deluged by sometimes-record rainfall and much of the Gulf of Mexico coast facing a drought. ...
The U.S. government may have to pay tens of millions of dollars—or more—to landowners along the Missouri River after a court ruled it worsened flooding there since 2007 that killed crops and ...
ICEYE, a provider of SAR (synthetic aperture radar) satellite data, revealed on Monday morning that a total of 358,858 Florida properties have been impacted by flooding from Hurricane Ian, based on ...
Record high temperatures in urban Europe as heat waves bake the planet more often. Devastating floods, some in unprepared areas. Increasing destruction from hurricanes. Drought and famine in poorer ...
Worsening droughts, storms and torrential rain in some of the world's largest economies could cause $5.6 trillion in losses to the global economy by 2050, according to a report released on Monday. ...
Europe's record-breaking heat wave will be just an average summer in less than 15 years — even if countries meet their climate goals — with regular droughts and fires set to become the norm. By ...
The Yellowstone National Park area's weather forecast the morning of June 12 seemed fairly tame: warmer temperatures and rain showers would accelerate mountain snow melt and could produce "minor ...
During the recent InsureTech Connect conference, Pranav Pasricha, global head of P&C Solutions for Swiss Re, made this observation while talking about property insurance innovations: ...
Insurers are gun-shy about writing flood policies, and who can blame them? With faulty prediction models, seemingly ever-changing target flood zones and a track record of unpredictable claims, many ...
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