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The South and parts of the Midwest are less vulnerable compared to parts of New Jersey and Illinois, which are most at-risk.
According to the NOAA, as of September, 23 billion-dollar-plus climate disasters have struck the United States in 2023.
The latest insurance industry personnel news from Ryan Specialty, Pie Insurance, Socotra and more.
Global ocean surface temperatures in June were the highest in 174 years of data, reaching triple digits in some areas.
Policy switching in Q2 2023 remained flat from the previous quarter at 3.9%.
At least five people died and two children were still missing after floods ripped through Pennsylvania.
As much as 8.12 inches of rain fell at the U.S. Military Academy at West Point, located north of New York City.
More than 50% of the U.S. population is living in an area that is now twice as likely to experience a severe flood, First Street reports.
Researchers determined that two out of five homeowners in the U.S. worry they will soon fall victim to a weather event.
The 2022 hurricane season illustrated that even in a mild year, a single major storm can cause industry-shaking losses.
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