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Natural disaster and other weather risk management news and information for property & casualty insurance professionals. Tips to prepare and minimize insurance losses, as well as weather-related insurance claim updates.
All conditions this year including weather patterns, water temperature, and computer modeling are pointing to an unusually strong hurricane season.
Experts say Beryl's early-season, record-breaking trek across the Atlantic should serve as a wake-up call.
Catastrophe bonds allow issuers to pass part of their risk over to capital markets.
Monthly global temperature records have been broken for twelve successive months from June 2023 to May 2024.
Parts of Texas have already received nearly a foot of rain.
During Hurricane Ida, hundreds of barges broke loose along the Mississippi River, causing extensive damage.
Swiss Re Chairman Jacques de Vaucleroy believes more expensive insurance will have beneficial effects.
Tropical Storm Alberto, the first named storm of 2024, caused heavy rainfall from Texas to Veracruz, Mexico.
The first half of 2024 laid bare the catastrophic extremes that now characterize the global, rapidly changing climate.
More than 18,000 wildfires have burned over 2 million acres in 2024 so far, reports the NICC.