Risk Management

Cumulatively, lightning-related fires account for $2 billion in annual payouts to small- and medium-sized businesses.

"The No. 1 cause of nuclear verdicts is plaintiffs lawyers," said Robert Tyson, who has sought to rally the defense bar against rising verdicts and settlements.

Devastating earthquakes in Turkey and Syria were the leading driver behind global catastrophe losses to start 2023.

While Japan has its own particular problems with hackers, many of its vulnerabilities are shared by the U.S.

Flooding is the most common and expensive natural disaster in the U.S., according to NOAA.

Six states account for nearly 65% of the nuclear verdicts across the U.S.

Also on the rise: Triple extortion schemes in which cyber criminals exploit multiple ransoms from a single target.

From January 2019-October 2022, Colorado home insurance premiums have increased 51.7%, on average, or 11.5% annually.