In response to proposed insurance rate hikes, North Carolina Insurance Commissioner Mike Causey calls for fairness and scrutiny, emphasizing the impact of inflation on homeowners.
The CEO of Swiss Re underscores the need for fair risk valuation amid rising insurance costs, pointing to climate change as a significant driver of recent price adjustments.
A team of Stanford graduates has developed a weather forecasting model that surpasses traditional and AI-based methods, setting a new standard in accuracy and efficiency.
In the fast-evolving insurance landscape, developing new coverages combines scientific understanding, collaborative efforts, and a swift approach to market demands.
A groundbreaking simulation suggests the Atlantic Ocean’s vital currents may face a "cliff-like" collapse sooner than expected, threatening drastic global climate shifts.
With hurricanes becoming three times more frequent over the past century, only a handful of U.S. states are stepping up with effective risk reduction strategies.
California’s Insurance Commissioner alerts San Diego residents to be vigilant of fraudsters following devastating floods, emphasizing the importance of cautious engagement with public adjusters and contractors.
As climate change fuels more intense tropical storms, experts suggest adding Category 6 to the Saffir-Simpson scale to better represent the power of future hurricanes.
Southern California is under threat from life-threatening landslides and flash floods as an intense atmospheric river event hits the region, with significant rainfall expected.
The recent cyberattack on MGM Resorts, costing an estimated $100 million, underscores the evolving threat landscape and the critical need for robust IT security measures.