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The growing availability of external data and advances in risk modeling can make a difference in assessing and mitigating these losses.

The average cost per lightning-related claim in 2022 decreased by nearly 30% compared with 2021, according to Triple-I.

The tropical system is forecast to reach the Lesser Antilles and Puerto Rico later this week.

Researchers determined that two out of five homeowners in the U.S. worry they will soon fall victim to a weather event.

The challenging insurance market means that companies should understand the factors affecting property and business rates.

Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%. 

Just 2% of policyholders that have faced extreme weather think their homes will never see weather damages again.

This year's historic Canadian wildfires have destroyed at least 4 million hectares, or about 1% of the country's forests.