Weather Risk

A planned discharge of water from a North Korea dam could cause extensive flooding in South Korea.

After several seasons free of major catastrophes, here a gut-check on whether property and casualty insurers expect a pendulum swing and how they would respond.

Savvy organizations realize that, although rare, earthquakes, floods, hurricanes and tsunamis pose a business travel risk that can't be ignored. Natural disasters can leave employers scrambling to ensure their employees whereabouts and safety.

Following several years of quiet hurricane seasons, a new report by CoreLogic, a property information and analytics company based in Irvine, Calif., says that as many as 6.8 million homes along the Atlantic and Gulf coasts could be at risk for hurricane storm surges.

Colorado State University edged up its seasonal Atlantic hurricane forecast to 15, three more than in an average year.

Unambiguous language in a 'change in condition' endorsement means that the property owner had no coverage for water damage from frozen pipes as soon as a building became vacant.