catastrophe loss News

Early Consideration Key to Successful Subrogation After Catastrophe Losses

Subrogation should be considered immediately, even after a catastrophe loss. This was the takeaway during a recent webinar presented by national law firm Cozen O’Conner. Thaddeus Baria, an Chicago-based associate in the firm’s Subrogation and Recovery Practice Group, explained that …

Parametric Insurance Explored for U.S. Disasters

Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts. Weather stations and satellite images are helping to make parametric coverage an increasingly affordable and …

Latest Weather Technology Products Help Forecast Damage Before it Occurs

New weather technology products promise to forecast future weather events weeks in advance while predicting tornado, hail and storm surge damage threats, according to Ben Zimmerman, director of innovation & strategy at WSI, a technology subsidiary of the Weather Channel. …