hurricanes News

In the Dark: Telling The Truth About Flooding Requires Accurate Maps and Strong Disclosure Laws

Hundreds of thousands of Americans already live in homes that have repeatedly flooded. To get a good handle on the extent of those losses, check out the Federal Emergency Management Agency’s web page that hosts an extensive dataset with information …

Risks Too Big for Insurers Feed a $200 Billion Market Boom

As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a hotter, less stable planet is redrawing the risk map for corporations. Captive insurance, where companies create their own coverage vehicles, …

Reinsurers’ Appetite for Natural Catastrophe Risks Grows — But Discipline Remains

Top reinsurers are showing increasing—but disciplined—appetite for natural catastrophe risks as a result of rising demand, better pricing, more favorable terms and conditions, and sound investment income, according to a report published by S&P Global Ratings. Most of the 19 …

Climate Change Intensified Typhoon Shanshan, Study Says

Typhoon Shanshan, which struck southern Japan last week with heavy rain and strong winds, was likely intensified by climate change, according to a study from Imperial College London. Researchers with the university teased out the contribution of global warming to …

The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows

A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be skewed against some issuers. Catastrophe bonds, which are issued by insurers, reinsurers and governments seeking an extra layer of disaster …

Understanding Complexities of HVAC Damage After a Hurricane is Crucial for Claims Adjusters

Hurricane-induced damage to properties is a significant concern for residential and commercial structures alike, particularly for heating, ventilation and air conditioning systems. HVAC systems are essential for maintaining indoor air quality and comfort, and their damage can lead to substantial …

Study Shows Saharan Dust Plumes Impact Hurricanes in the U.S.

Giant plumes of Sahara Desert dust that gust across the Atlantic can suppress hurricane formation over the ocean and affect weather in North America, according to findings of a newly released study by Stanford University. The thick dust clouds can …

Fall Forecast Calls for Stubborn Heat, Increased Wildfire Risks, Severe Weather

Summer heat is expected to last well into autumn across much of America, bringing an increased risk of wildfires and severe weather—especially in the Western U.S. and California. Much of the nation will experience a delayed transition to cooler temperatures …

Data Shows Hurricanes and Earthquakes Grab Headlines But Inland Counties Top Disaster List

Floyd County keeps flooding and the federal government keeps coming to the rescue. In July 2022, at least 40 people died and 300 homes were damaged when the eastern Kentucky county flooded. It was the 13th time in 12 years …

Disaster-Struck Cities Fight for Aid as FEMA Runs Low

A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster in September, washing away culverts, creating a sinkhole that swallowed cars at a dealership and flooding the city council chambers …