Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe’s largest insurers said. “If you go much further to 2020, 2030, we can …
Extreme weather took an extreme toll on the U.S. last year. Losses from weather and climate disasters including hurricanes Harvey, Irma and Maria and wildfires in northern California reached a record $306 billion in 2017, the federal government’s National Centers …
In the year that President Donald Trump pulled out of the Paris accord and downplayed global warming as a security threat, the U.S. received a harsh reminder of the perils of the rise in the planet’s temperature: a destructive rash …
Preliminary sigma estimates for insured global losses resulting from natural and man-made disasters in 2017 are around $136 billion, well-above the annual average of the previous 10 years, and the third highest since sigma records began in 1970. Total economic …
The conditions proved to be just right this year in New Mexico for a wave of severe weather that prompted double the average number of warnings issued by forecasters in a typical year, but the flurry of activity seems to …
Even the workplace has to adapt to the warming world. As climate change creates more intense storms, companies have started preparing for work disruptions due to extreme weather. In a sign of the times, Fog Creek, a software company based …
A non-partisan federal watchdog says climate change is already costing U.S. taxpayers billions of dollars each year, with those costs expected to rise as devastating storms, floods, wildfires and droughts become more frequent in the coming decades. A Government Accountability …
After hurricanes Harvey, Irma and Maria blitzed the nation, most Americans think weather disasters are getting more severe and see global warming’s fingerprints. A new poll from the Associated Press-NORC Center for Public Affairs Research finds that 68 percent of …
Howling winds, deadly floods, fire and ice so far this year have pushed the U.S. into a tie for weather disasters that topped $1 billion in damages. There have been 15 costly disasters through September, tying 2011 for the most …
In 2016, Colorado and Texas homeowners suffered the greatest percentage of catastrophic losses due to extreme weather and other perils, according to the latest study of home insurance trends from LexisNexis Risk Solutions. The six-year study indicates that despite the …