Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the world’s leading reinsurance firms. Overall, the northern nation has …
LAKE CHARLES, La. (AP) — Roads were flooded, water-logged cars abandoned in the street and high water vehicles dispatched to help people as heavy rain fell across southern Louisiana Monday. In some areas of western Louisiana still recovering from back-to-back …
Insurers have increased their estimates of the cost of the three hurricanes that struck Louisiana by 25 percent since the end of last year, Insurance Commissioner Jim Donelon said. Insurance companies now expect to pay $9.6 billion on claims of …
HOUSTON — The United States should prepare for a sixth year of above-average number of Atlantic hurricanes, Colorado State University (CSU) forecasters said in the first official 2021 outlook on Thursday. The closely-watched outlook points to an active year, but …
Swiss Re warned insurers Tuesday that secondary perils such as thunderstorms and wildfires are making up a growing share of the losses caused by natural catastrophes, even in a year that experienced an abnormally active North Atlantic hurricane season. The …
The National Weather Service has turbocharged its lagging forecast model to better predict extreme weather events such as hurricanes, blizzards and downpours, as well as day-to-day weather. By including much higher layers of the atmosphere, increased factoring of ocean waves …
In case you forgot, the year that just passed brought an unprecedented number of catastrophes — not to mention COVID-19. Three insurance industry reports issued this week chronicle just how bad 2020 was for property insurers. CoreLogic released a chronology …
Earth’s rising fever hit or neared record hot temperature levels in 2020, global weather groups reported Thursday. While NASA and a couple of other measurement groups said 2020 passed or essentially tied 2016 as the hottest year on record, more …
BRUSSELS/LONDON — Last year tied with 2016 as the world’s warmest on record, rounding off the hottest decade globally as the impacts of climate change intensified, the European Union’s Earth observation service said on Friday. After an exceptionally warm autumn …
Nature struck relentlessly in 2020 with record-breaking and deadly weather- and climate-related disasters. With the most named storms in the Atlantic, the largest-ever area of California burned by wildfires, killer floods in Asia and Africa and a hot, melting Arctic, …