To enhance the resilience of its customers in the face of growing climate and environmental risks, Verisk Analytics forms Verisk Climate. Expanded services, tools for better ERM.
New York City may have been caught off guard by Superstorm Sandy, but Mayor Michael Bloomberg has responded by proposing an ambitious, multi-decade plan that would put an estimated $20 billion toward protecting the city against disastrous weather events going forward.
Insurers may consider turning to private and hybrid cloud services to help navigate worrisome weather patterns, a sluggish economic recovery, lower investment returns and customer demands for 24/7 responsiveness.
Insurers may consider turning to private and hybrid cloud services to help navigate worrisome weather patterns, a sluggish economic recovery, lower investment returns and customer demands for 24/7 responsiveness.
The world of high-risk insurance coverage can be lucrative but tricky for independent agents and brokers who want to do it right. Experts discuss market conditions, trends and projected growth in a rapidly changing niche.
Non-admitted underwriters are seeking across-the-board rate hikes for property and casualty risksand are covering more risks as standard lines insurers continue to shed unwanted business. Yet the surplus lines market has not entered the "hard" phase of the market cycle.
Non-admitted underwriters are seeking across-the-board rate hikes for property and casualty risksand are covering more risks as standard lines insurers continue to shed unwanted business. Yet the surplus lines market has not entered the "hard" phase of the market cycle.
Companies increasingly factor extreme weather into their strategic planning and a report from the United Nationsdue on Friday is expected to underscore the heightened risks they face.
Despite forecasts of an above-average Atlantic hurricane season, none of the seven tropical storms experienced so far this year have reached hurricane strength.