Weather Risk

A federal task force put forward a post-Hurricane Sandy resiliency plan, which includes 69 policy initiatives protecting energy and fuel distribution, cell service and infrastructure in a future where severe coastal storms are the norm.

New footage from the 2011 Tohoku tsunami reminds us that these disasters can happen anywhere, any time.

Storm season is here, and according to The National Oceanic and Atmospheric Administration (NOAA), weather losses have been above-industry average since 2008, with more than $11.5 billion in losses in 2012 alone. When this weather volatility first entered the scene a few years ago, many carriers thought implementing rate increases...

For many recent hurricanes the damage caused by the storm surge far outweighed the wind-driven impacts but many storm surge models have been shown to underestimate the potential insured losses.

Connecticut and Minnesota regulators have decided to join California, New York and Washington in requiring insurers to respond to a survey on climate change.

The Rocky Mountain Insurance Information Association says the Black Forest Fire has produced about 3,630 claims and is expected to cost insurers about $292.8 million.