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A report from Hippo combines data from multiple sources to determine the most climate-friendly cities in the U.S.
Only 38% of natural peril losses were covered by insurance during 2021, which saw 50 billion-dollar loss events.
AI insights from aerial images could help insurers to prevent certain risks before they happen. So why don't they use them?
This news follows two-consecutive years of higher-than-average named storms.
The increasing number of natural disasters hitting the U.S. hasn't affected all regions equally, and some states are shelling out billions annually to recover from these events.
Here are six major underwriting trends the insurance industry is likely to see in the coming year.
The Boulder Sheriff's Office reported it is working with investigators to better assess the damage but winter weather is slowing the process.
Losses from natural disasters in 2021 continued the trend of an annual 5%–6% rise.
The Swiss Re Institute's estimate for catastrophe losses is the second-highest on record for a first-half period after 2011.
Swiss Re analyzed how climate risks will impact economies worldwide. These nations are poised to be the most resilient.