Weather Risk

Heat waves and drought may increasingly have an impact on P&C claims.

Land in Californias central valley agricultural region sank more than a foot in just eight months in some places as residents and farmers pump more and more groundwater amid a record drought.

Ten years later, Katrina is still making an impression. Numerous lessons were learned from Katrina that have helped insurers and other first responders better prepare for other catastrophes. Some may seem obvious, but others demonstrate just how much has changed in the past decade.

Adequate preparedness before a storm arrives, especially business continuity planning, can mitigate potential losses.

The risk of global food production shocks and price spikes is rising due to increasingly intense storms and more frequent flood and drought events.

New Yorks odds of being flooded by a one- two punch of extreme rain and surging seas have more than doubled in the past 80 years, a change scientists say may be linked to global warming.