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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.
Sara Kane of CAC Specialty delves into insurance and risk trends in power and renewable energy in 2024.
In 2023, no other asset class produced a better-performing bet for hedge funds than cat bonds.
Hailstorms cause an average of more $1 billion in property damage annually. But hail claims have skyrocketed in recent years.
The association will continue advocating for pre-disaster mitigation funding and offering state regulators scenario analysis resources.
Tornadoes can happen at any time of the year, but peak season for these often disastrous events in the U.S. is between March and June.
Minimal observation and preventive care can make a major difference in how a tree withstands a storm.
Review how home insurance rates play a role in the push for more flood-resistant communities.
The National Weather Service predicts 48-hour rain totals in some areas of Southern California could reach 8-14 inches.
An increase in both the frequency and severity of climate disasters has driven rising home insurance rates.
Climatologists say atmospheric rivers are becoming longer, wider and wetter. Increased flooding is the result.