Weather Risk

An insurance program aimed at aiding the smallest entrepreneurs in Haiti will make a significant payout to policyholders in the wake of Tropical Storm Isaac, insurers say.

Both the NOAA and a Nobel Prize-winning scientist issued statements linking recent extreme weather events to global warming. How strong is the connection?

As temperatures spike and crops wither, the debate about climate change heats up. Nobel Prize-winning chemist, NOAA weigh in.

More than four million U.S. residences along the Atlantic and Gulf Coasts are at risk of hurricane-driven storm-surge damage, totaling $710 billion in property exposure, says the 2012 CoreLogic Storm Surge Report.

Scientists are finding evidence that man-made climate change has raised the risks of individual weather events, such as floods or heatwaves, marking a big step towards pinpointing local costs and ways to adapt to freak conditions.

Reinsurers say companies worldwide have suffered intensifying weather-related losses in the past three years, but less than a third of them are actively responding to the riskincreasing the likelihood those companies will be unprepared to deal with the economic impact of more frequent and severe weather events.

The risk of flooding for many English homes and businesses could increase fourfold by 2035 if more action to deal with the impact of climate change is not taken, government advisers said on Wednesday.

In the aftermath of last years record-breaking U.S. thunderstorm losses, risk modelers are scratching their heads to figure out if the countrys storm exposure profile is increasing due to historically inadequate modeling methods or other factors.