Weather Risk

The arrival of hurricane season means the time is now to update disaster preparedness plans, which always should include arrangements for family pets.

Total aggregated economic losses in the U.S. from severe weather in May exceed $4 billion, while public and private insurers faced a combined payout approaching $3 billion.

Forecasters again lowered the odds of El Nino forming by years end, a scenario that may mean more Atlantic hurricanes.

South Africas property and casualty insurers face an even tougher year than expected after Cape Town experienced its worst storm in 30 years and dozens of fires have engulfed the region.

Restoring property after a natural catastrophe is stressful and can be compounded by contractors and lawyers who abuse the legal system.

A massive storm lashed Cape Town, South Africas second-largest city, and parts of the surrounding Western Cape province on Wednesday, claiming eight lives, downing power lines and forcing schools and some roads to close.