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Lightning is the frequent culprit in electronics malfunctions, but other types of weather can create surge claims.

Thanks, in part, to emerging technologies, the future should hold many positives in risk understanding and predictability.

A cottage industry in fire detection tech has taken root as wildfires have become more frequent and financially ruinous.

While lightning-related claims volume has fallen since 2017, the average cost has grown 100%, Triple-I reports.

The past decade has been the worst on record for wildfire insurance losses, according to Zesty.ai.

Insurance innovators are building new, sophisticated, data-driven processes for modeling, assessing and managing climate risk.

The blaze is an example of how wildfires are now prevalent throughout the year in California.

Nonpublic companies would do well to heed the approach public companies may be required to take to address climate change.