A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not...
catastrophes News
Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in...
The need for comprehensive disaster risk management has never been more evident. In recent years, major storms, earthquakes, wildfires, tornados,...
The United States is Earth’s punching bag for nasty weather. Blame geography for the U.S. getting hit by stronger, costlier,...
Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated...
When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused...
A disaster-weary globe will be hit harder in the coming years by even more catastrophes colliding in an interconnected world,...
The newest member of Farmers Insurance Group’s catastrophe response team is a four-legged robot that vaguely resembles a headless greyhound....
The world was watching end-of-days scenes: Firefighters in yellow jackets, blurry against a copper sky, battled to push back walls...
As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the...