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Last year, the U.S. experienced 16 weather and climate disasters each with losses exceeded $1 billion, according to the National Oceanic and Atmospheric Administration.
Two days of rain led to at least six deaths, knocked out power and partially closed a major highway in California just weeks after forest fires swept through the area.
The deadliest mass shooting in modern U.S. history in Las Vegas last October has driven large-scale changes to hotel, gaming, and entertainment organizations risk management approaches.
The Sanchi is still ablaze and may explode after colliding on Saturday with the bulk carrier CF Crystal about 160 nautical miles off the coast of Shanghai.
Industry technology news from AXIS, American Family Insurance, Sapiens, Johnson & Johnson Insurance, ABD, Intellect SEEC, CUNA Mutual Group, Western Reserve Group, Assurant, and more.
FC&S Coverage Insider helps you stay on top of what's happening in the industry, bringing you the latest risk and coverage analyses, discussions, and more.