Weather Risk

Hail can fall up to 100 mph and ranges from the size of a pea to a grapefruit, causing varying degrees of destruction.

This week, we revisit a conversation with Todd Shasha of Travelers about how boat owners can protect their vessels from catastrophic weather events.

Under Hawaii law, insurance-policy customers must be "made whole" before insurers can demand reimbursement.

Extreme weather, hyperinflation and social inflation are forcing carriers to make difficult adjustments.

Most insured losses will be retained by primary insurers while economic losses may trigger parametric coverages.

The moratorium on cancellations and non-renewals will affect certain California zip codes for one year.

At the same time the agency struggles to cover disaster relief, FEMA says it will help pay for more flood resiliency.

Already this year, the U.S. has been hit by 15 weather and climate disasters costing at least $1 billion.