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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.
Many cities aren't adapted to withstand rainfall amplified by climate change.
Earnings per share rose for the fourth straight quarter.
NOAA: Expect dry conditions in the south this winter and wetter weather up north.
Catastrophe bond holders may be looking at returns of as much as 12%.
The Trusted Choice Relief Fund is supporting agents and brokers impacted by catastrophes, thanks to recent support from Progressive.
The agency used its periodic Business Trends and Outlook Survey to look at weather-related business losses.
Mitigation strategies are key to ensuring the safe, reliable deployment of clean energy.
Signs of stress: In addition to expected lawsuits, divorce and domestic abuse tend to increase after a catastrophe.
The average cost to replace a roof in 2023 was $16,000 for residential properties and $40,000 for commercial structures.
Landslides can happen anywhere, but insureds may be unaware of the coverage required for these disasters.