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.
A report on water insecurity says floods and drought amid climate change and a lack of investment in reliable water supplies is weighing on the global economy.
Discussing climate change is out of bounds for workers at a state agency in Wisconsin. So is any work related to climate changeeven responding to e-mails about the topic.
Its again the time of year when a mix of cool air from Canada, warm moist air from the Gulf of Mexico and a touch of energy off the Pacific can all wrap together to unleash storms across the U.S. Midwest and South.
Due to the relatively low wind speeds (compared to hurricanes), the average claim size is expected to be low, according to catastrophe modeling firm AIR Worldwide.
The increasing losses from severe thunderstormswhich include hail, heavy rains and flash flooding, tornadoes, thunder and lightningare a growing challenge for society and insurers alike.