The Global Sustainability Insurance Summit in Los Angeles highlighted how insurance plays a pivotal role in enhancing resilience against natural catastrophes.
New research reveals seawater intrusion beneath Greenland’s Petermann Glacier as a key factor in its rapid melting, potentially leading to greater sea level rise than previously estimated.
In the two decades since Florida’s devastating 2004 hurricane season, insurers have significantly improved their response strategies and technology, enhancing preparedness and resilience against future storms.
With the Atlantic hurricane season approaching, experts predict a 75% chance of a major hurricane hitting Florida, potentially leading to $200 billion in insured losses, the highest risk since 1992.
Despite a $3 billion fund set aside to stabilize Florida’s property insurance market, most of the money remains unused, though there are modest signs of market improvement amid ongoing high costs and insurer challenges.
During Contractor Fraud Awareness Week, the Insurance Information Institute and National Insurance Crime Bureau emphasize how homeowners can protect themselves from fraudulent contractors following disasters.
NOAA renews its partnership with Colorado State University through a $308 million grant, supporting the Cooperative Institute for Research in the Atmosphere (CIRA) for advanced weather and climate research and forecasting.
Power outages in Houston could last for weeks following a destructive storm with hurricane-force winds, leaving thousands without electricity amid soaring temperatures.
The latest State of Risk Report by Origami Risk highlights a concerning disparity between the confidence of risk professionals and their actual readiness to handle emerging and complex risks.
A jury in San Bernardino awards substantial damages to two sisters after their insurance company failed to adequately compensate them for flood damage.
Florida’s property/casualty insurance landscape begins to stabilize following significant legislative reforms and a calm hurricane season, despite ongoing challenges.
