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A recent report shows that while dry conditions have improved in the Midwest, 19% of the region remains in drought.
The United States experienced 18 NAT CAT events in 2022 with losses over $1 billion each, according to the NOAA.
The 'once-in-a-generation' storm resulted in marked loss of life along with damaged properties and vehicles.
Pathpoint CRO and President Ralph Blust shares his expertise on how the increase in destructive wildfires has shifted the market, and why it's driving insureds to the E&S space.
Discover how data can accelerate insurers' responsiveness and integrity before, during and after a hurricane.
Remembering Hurricane Sandy: How much worse would a storm like it be in the future?
The early estimates come as Ian is expected to move into the Carolinas and cause further havoc up the east coast.
Hurricanes produce strong, powerful winds, but it's actually the water that causes most of the destruction, accounting for nearly 90% of fatalities.
Widespread, life-threatening catastrophic flooding was anticipated Wednesday across portions of central Florida.
If the hurricane continues to intensify, CoreLogic warns over 1 million Floridian homes could be at risk.