Tourists use water to keep cool at the Trevi Fountain during a heat wave in Rome on July 17, 2023. Hot oceans are amplifying weather-driven catastrophes that are claiming lives and inflicting massive economic damages — a cost that could rise to $1 trillion per year in the coming decades, according to marine scientist Deborah Brosnan. Credit: Photographer: Gaia Squarci/Bloomberg Tourists use water to keep cool at the Trevi Fountain during a heat wave in Rome on July 17, 2023. Hot oceans are amplifying weather-driven catastrophes that are claiming lives and inflicting massive economic damages — a cost that could rise to $1 trillion per year in the coming decades, according to marine scientist Deborah Brosnan. Credit: Photographer: Gaia Squarci/Bloomberg

(Bloomberg) — Heat searing enough to knock out mobile phones. Wildfire smoke that turns the skies an apocalyptic orange. Flash floods submerging towns in upstate New York and Vermont.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Personal Lines
Weather Risk
Property & Casualty