catastrophic weather losses News

Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a group run out of the University of Cambridge including some of the world’s biggest …

A massive hailstorm that moved through Amarillo, Texas on May 28 has resulted in $500 million in insured losses to the panhandle region. The final figure was released today by the Property Claim Services of the Insurance Services Office (ISO) …