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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.
Making matters worse, home replacement costs have escalated more than 55% since 2019, according to Triple-I.
Ready.gov recommends residents in areas at risk of wildfires take these precautions to protect themselves and their property.
Here are six steps property owners can take to get ready for a disastrous twister.
This article examines the overall importance of data and analytics in navigating natural catastrophe risk.
Cumulatively, lightning-related fires account for $2 billion in annual payouts to small- and medium-sized businesses.
Devastating earthquakes in Turkey and Syria were the leading driver behind global catastrophe losses to start 2023.
Flooding is the most common and expensive natural disaster in the U.S., according to NOAA.
From January 2019-October 2022, Colorado home insurance premiums have increased 51.7%, on average, or 11.5% annually.
The updated loss estimate for the U.S. is nearly double that of the previous annual estimate.
In this slideshow, we'll examine the eight most common reasons insurers deny homeowners claims, according to Credible.