A storm-free August in the Atlantic was probably too much to ask for. Tropical Storm Danny formed out of a cluster of thunderstorms Tuesday about 1,600 miles east of the Windward Islands.
The El Nino forming across the Pacific has been turbocharged by a series of tropical cyclones that helped to shift the direction of trade winds, potentially adding to warming thats evoking parallels with the record 1997-98 event.
Telematics, automotive safety and infotainment are expected to drive more than 15% year-over-year growth in the connected car market over the next decade. And these trends will create seismic shifts in the P&C insurance industry landscape.