Weather Risk

A relentless drought, tenacious wildfires, extreme weatherover the past year, all of these have plagued the U.S. agricultural business, leading to lingering uncertainty for farmers and the agents and brokers that serve them.

Six months after Sandy, it's clear that we don't just need better claims. We need better risk financing.

Before Superstorm Sandy struck New Jersey and New York, the storm made a turn to the northwest toward land, rattling the ocean floor and setting off seismometers across the U.S., according to University of Utah researchers.

Before Superstorm Sandy struck New Jersey and New York, the storm made a turn to the northwest toward land, rattling the ocean floor and setting off seismometers across the U.S., according to University of Utah researchers.

Many insurance agents faced the same issues as their clients in the wake of Superstorm Sandy, but they all shared an additional responsibility: to make themselves available to the victims of the storm.

It's still early, but experts are predicting an active wildfire season, especially in parched Colorado, Utah, Arizona, New Mexico and California.

Insurers across all sectors are acknowledging the impact of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.

Whatever insurers may think about the presence or causes of climate change, one thing is certain: The business climate is changing rapidly.