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.
As temperatures plummet across the country this week, it's important to remember that extreme weather and climate events are a natural part of the Earth's climate system. Nonetheless, as the NOAA notes, extreme weather and climate events can have significant impacts on our lives and on the environment.
Fracking is not something to be exploited and profiteered overnight, but rather the next phase of American energy growth. And gaining a clear picture of the risks involved will go a long way in informing insurers' grasp of this often-misunderstood practice.
While property and casualty insurers face market conditions and additional obstacles that may be outside of their control, that doesnt mean they dont have the ability to shape their own destinies.
While property and casualty insurers face market conditions and additional obstacles that may be outside of their control, that doesnt mean they dont have the ability to shape their own destinies.
Worldwide insured losses came to $31 billion, with the United States leading the pack even though U.S. losses were far below the 2000-to-2012 average of $29.4 billion.
A deadly storm system tracked across the Midwest on Sunday, yielding reports of more than 67 tornado touchdowns, high winds, explosive lightning, rain and hail.
A deadly storm system tracked across the Midwest on Sunday, yielding reports of more than 67 tornado touchdowns, high winds, explosive lightning, rain and hail.