NOT FOR REPRINT
Page Printed from: propertycasualty360.com/risk-management/weather-risk/?page=4
Sign In To follow
Natural disaster and other weather risk management news and information for property & casualty insurance professionals. Tips to prepare and minimize insurance losses, as well as weather-related insurance claim updates.
Officials report at least half of the buildings in one Indiana town were damaged by a tornado in last week's storms.
The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.
February was the wettest month Los Angeles has experienced in 26 years, the National Weather Service reports.
The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.
Sara Kane of CAC Specialty delves into insurance and risk trends in power and renewable energy in 2024.
In 2023, no other asset class produced a better-performing bet for hedge funds than cat bonds.
Hailstorms cause an average of more $1 billion in property damage annually. But hail claims have skyrocketed in recent years.
The association will continue advocating for pre-disaster mitigation funding and offering state regulators scenario analysis resources.
Tornadoes can happen at any time of the year, but peak season for these often disastrous events in the U.S. is between March and June.
Minimal observation and preventive care can make a major difference in how a tree withstands a storm.