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.
The National Resources Defense Council says private insurers are turning away from climate-change risks, sending an unmistakeable signal that such risks are increasing and that costs to society are climbing, but an insurance industry association disputed some of the figures used to arrive at that assumption.
A relentless drought, tenacious wildfires, extreme weatherover the past year, all of these have plagued the U.S. agricultural business, leading to lingering uncertainty for farmers and the agents and brokers that serve them.
Before Superstorm Sandy struck New Jersey and New York, the storm made a turn to the northwest toward land, rattling the ocean floor and setting off seismometers across the U.S., according to University of Utah researchers.
Before Superstorm Sandy struck New Jersey and New York, the storm made a turn to the northwest toward land, rattling the ocean floor and setting off seismometers across the U.S., according to University of Utah researchers.
Many insurance agents faced the same issues as their clients in the wake of Superstorm Sandy, but they all shared an additional responsibility: to make themselves available to the victims of the storm.
Insurers across all sectors are acknowledging the impact of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.
The number of Atlantic storms with magnitude similar to killer Hurricane Katrina, which devastated the U.S. Gulf Coast in 2005, could rise sharply this century, environmental researchers reported on Monday.