GPS devices provide geolocation data easily, but insurers are only beginning to use such information.

The 2016 tornado season is well underway and it looks to be a busy one.

Third Point said in a letter to shareholders last month that the quarter was one of the most catastrophic periods for hedge funds since the firm was founded.

Natural catastrophes continue to be responsible for the majority of insured and economic losses around the world, but man-made disasters also are having a significant effect.