Meteorologists are forecasting a stormy pattern that could impact millions of people across U.S. this week with the threat of flooding, travel disruptions and the potential for the first accumulating snowfall of the season in some places. Flooding rainfall and …
Flood damage-related economic losses totaled USD $51.6 billion in 2023, but research shows protective measures can substantially reduce losses, according to Swiss Re Institute. As losses are expected to increase due to more intense weather events and continued urban sprawl, …
Flooding is a peril that took center stage this year amid an active Atlantic Hurricane season, a fact that’s highlighted in a new report. The National Insurance Flood Program is expected to face total losses between $8.2 billion and $10.5 …
Wildfires that are raging across New York and New Jersey highlight a new threat to one of the world’s most affluent regions. Climate change is regarded by scientists as the pre-eminent factor driving long-term changes in weather, and the New …
Firefighters battled strong driving a fast-moving Southern California wildfire that forced the evacuations of thousands of people and destroyed at least 168 structures. Containment of the Mountain Fire in Ventura County increased to 48%. The fire has now burned 20,630 …
The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total insurance losses in excess of €3.5 billion ($3.8 billion), Moody’s estimates. The projection is based on the first 72,000 insurance …
As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize his work on sustainable tourism. Three hours earlier, Spain’s national climate agency had issued a red alert about the rains …
There are major climate finance fights ahead at this year’s COP29 summit in Azerbaijan. The United Nations’ meeting kicking off next week brings with it a clear goal: Figuring out how to scale up finance to help developing countries embark …
A wildfire sparked in California’s upscale Malibu beach community on Wednesday was driven by powerful winds sweeping apart the state’s southern region. The Broad Fire in Los Angeles County, which had shut down Pacific Coast Highway between Web Way and …
Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200 people in the country’s eastern region of Valencia. Spain will earmark as much as €10.6 billion ($11.5 billion) for its …