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Swiss Re Chairman Jacques de Vaucleroy believes more expensive insurance will have beneficial effects.
The U.S. currently experiences the worst losses, about $97 billion annually, due to its disproportionate share of insured assets.
FEMA has updated its policy in order to fill the home insurance gap and aid disaster victims faster.
Population growth and development in storm-prone areas dwarfs the benefits of enhanced building codes.
More than 8% of Louisianans were displaced by a natural disaster last year, compared to a nationwide average of 1.6%.
The nation's most flood-prone counties experienced a net influx of about 400,000 people in 2021 and 2022.
AIG is curbing home insurance sales in around 200 ZIP codes across the U.S.
The new version of the index integrates a social vulnerability index, which analyzes census tracts to flag 14 vulnerabilities.
More than 13 million properties that aren't currently vulnerable to tropical cyclones likely will be in 30 years.
Lawmakers are worried about one company's outsize role in the coal surety business and its ability to cover reclamation costs should mines start going belly up.