Weather Risk

Tropical Storm Humberto formed Wednesday north of the Caribbean and will likely soon be joined by a second system to its west.

Revised California regulations allow insurers to consider the risk of catastrophe and reinsurance costs when setting rates.

In states like Nebraska and Oklahoma, annual premiums average close to $8,000.

The incident adds to a long list of destructive typhoons that have lashed eastern Asia in recent years.

Changing rainfall patterns will increase exposure for insurers.

Homeowners in the suburbs of U.S. cities are ceding ground to renters.