Catastrophe & Restoration

Farmers and their insurance advisors tend to keep a close eye on two things: The weather, and the commodities markets.

Alex Kaplan, executive vice president for alternative risk at Amwins Group, discusses how parametric insurance differs from traditional insurance and the benefits it provides to policyholders.

At least 25 people died and dozens were injured when large tornadoes swept across the southeast Friday night.

DeSantis says the state's insurance regulation office is investigating reports of people being shortchanged or unlawfully dropped following the filing of their claims.

Commercial properties with poor loss histories and those located in CAT-prone areas could see rates grow as much as 150%, according to Alera Group.

Insurers face pressure to offer pragmatic, risk-management solutions in response to severe-weather events.