Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to th...
Extreme Precipitation in a Warming Climate - Climate Central
Climate change is supercharging the water cycle, bringing heavier precipitation extremes across the U.S.
Climate change is supercharging the water cycle, bringing heavier precipitation extremes across the U.S.
climatecentral.org /
Article / 9 hours ago
Extreme Weather Is Driving More US Power Outages, Studies Show
For decades, residents of eastern Queens in New York City have complained that they're more likely to lose power when extreme weather hits, even as lights in other parts of the city stay on. A...
For decades, residents of eastern Queens in New York City have complained that they're more likely to lose power when extreme weather hits, even as lights in other parts of the city stay on. A...
Article / 2 days ago
Navigating emerging & interconnected risks: A blueprint for resilient strategies
Polycrisis . Unprecedented. Historic. Extreme. These are just some of the headlines entering the inbox of every organizational leader....
Polycrisis . Unprecedented. Historic. Extreme. These are just some of the headlines entering the inbox of every organizational leader....
Article / 5 days ago
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing - AP News
Months after a catastrophic fire burned more than 2,200 homes and killed 101 people in Hawaii, some property owners are getting more bad news...
Months after a catastrophic fire burned more than 2,200 homes and killed 101 people in Hawaii, some property owners are getting more bad news...
apnews.com /
Article / 7 days ago
The crippling home insurance crisis hitting America - Financial Times
While climate is changing, the model for insurance has not...
While climate is changing, the model for insurance has not...
ft.com /
Article / 7 days ago
Louisiana reflects impact of physical climate risks on waning insurance affordability
Hurricane-prone Louisiana, with some of the country's priciest homeowners insurance, is one of the most exposed to the problems as rising premiums make property insurance difficult to afford and obtain...
Hurricane-prone Louisiana, with some of the country's priciest homeowners insurance, is one of the most exposed to the problems as rising premiums make property insurance difficult to afford and obtain...
PR / 13 days ago
Sustainability Insights: The Impact Of Rising Insurance Premiums On U.S. Housing
Climate-related events in the U.S., such as floods and fires, appear to be occurring more frequently. Because some projections indicate that such events...
Climate-related events in the U.S., such as floods and fires, appear to be occurring more frequently. Because some projections indicate that such events...
Article / 13 days ago
Q1 2024 Gallagher Re Natural Catastrophe and Climate Report
In this report, we summarize the global loss totals for the first quarter and focus on key issues driving current industry discussions regarding natural catastrophe and climate risk....
In this report, we summarize the global loss totals for the first quarter and focus on key issues driving current industry discussions regarding natural catastrophe and climate risk....
Report / 20 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 20 days ago
Global insured losses from natural catastrophes in Q1 2024 estimated at $20 billion
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
Q1 2024 financial costs from natural catastrophes were ‘manageable’...
PR / 20 days ago
