Weather Risk

While hurricanes are the costliest catastrophes for insurers, throughout history, earthquakes have generally been the deadliest.

President Obama is asking the private sector to tighten building standards to reduce losses from natural disasters after studies linked an increase in extreme weather to climate change.

The United States has gone 10 years in a row without a major hurricane landfall.

Intact Financial Corp. said it will post insured losses of as much as $850 million from the wildfires in Alberta, which may dent the Canadian economy harder than Hurricane Katrina hit the U.S.

Cooler temperatures are helping fire fighters battle wildfires raging through Alberta as the blaze retreats from the countrys main oil-sands facilities around Fort McMurray.

An El Nio in the Pacific disrupted weather patterns to bring northern Alberta a dry fall and very little snow throughout the winter.