flood News
Decade Old Climate Report Warned of Extreme Weather
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 ...
Droughts, Floods, Other Water-Related Disasters Could Cost Economy $5.6T by 2050
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 Summer Heat Wave Will Be the Norm by 2035: Report
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 ...
Weather Whiplash: Record-Shattering Yellowstone Floods Expose Model Flaws
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 ...
When Will the ‘Climate’ Change?
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: ...
Flood Insurance Is an Opportunity, Not a Liability
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 ...
FEMA Challenges: Coronavirus + Climate Stretch Federal Agency Resources
It wasn't until Wednesday, five days after President Donald Trump declared a national emergency, that the Federal Emergency Management Agency announced it was "leading the federal coordination" to ...
Extreme Weather: Building Resilience for Rising Risks
The insurance industry has a responsibility to assume a "leadership role in creating and promoting resilience as the first line of defense" against natural disasters, an industry leader said ...