LA Wildfires Had Little Impact on Reinsurer Risk Appetite During April Renewals April 10, 2025 By L.S. Howard Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for U.S. reinsurance buyers, despite the record losses...
Tariffs Threaten to Push US Home Insurance Rates Even Higher April 8, 2025 By Leslie Kaufman With the Los Angeles fires in January and last week’s severe storms that brought flooding and tornadoes to the Midwest,...
AccuWeather: Severe Storms in Central US Cause $80-90B in Damages, Economic Loss April 7, 2025 A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage...
Hedge Funds Are Hunting Deals in Risks Too Big for Insurers April 7, 2025 By Natasha White As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set...
Deadly Storms Bring Flooding and Destruction to Central US April 3, 2025 By Brian K. Sullivan Deadly storms and flooding rains left a path of destruction across 14 states in the U.S. South and Midwest, knocking...
AI Beats Traditional Weather Models in Forecasting Wildfires April 3, 2025 By Joe Wertz Artificial intelligence is improving the accuracy of fire forecasts made by Europe’s top intergovernmental weather center. Traditional fire forecasts are...
LA Municipal Utility Says No Evidence Energized Power Line Caused Fire March 26, 2025 By Laila Kearney A Los Angeles Department of Water and Power (LADWP) above-ground power line near the Pacific Palisades was energized when the...
New Fire Maps Put Nearly 4M Californians in Hazardous Zones March 26, 2025 By Ben Christopher New bursts of yellow dot the hills of Mendocino County. Smears of burnt orange now span the aqueduct near Bakersfield....
Hawaii Islands Sinking Faster in Some Areas, Increasing Flood Risk March 21, 2025 Parts of Hawaii are sinking faster than others, according to a recent study led by researchers at the University of...
Extreme Weather in 2024 Forced Most People to Flee in 16 Years March 19, 2025 By Aaron Clark Extreme weather last year including typhoons, heatwaves and flooding led to the biggest displacement of people since 2008, and exacerbated...