Floods Are Getting Worse, And 2,500 Chemical Sites Lie In The Waters Path
Anchored in flood-prone areas in every American state are more than 2,500 sites that handle toxic chemicals, a New York Times analysis of federal floodplain and industrial data shows. About 1,400 are located in areas at highest risk of flooding.
February 8, 2018
Catastrophe
Excess & Surplus Lines
Liability
Wildfire Damage Assessment Continues In California
The wildfire season in California may be over, but insurers and their customers are still reeling from the aftermath of devastating losses relating to homes, businesses and vehicles.
February 5, 2018
Catastrophe
Property
California
Natural Disaster Recovery: Who Owns The Risk?
Canadians are not fully aware of their exposure to natural catastrophe risks, triggering a conversation at the C4 2018 conference in Ottawa about who is responsible for shouldering the heavy load of mounting disaster recovery costs.
February 1, 2018
Catastrophe
Property
Californias 2017 Insured Wildfire Losses Approaching $12B
Insurance claims from last falls deadly California wildfires have reached $11.8 billion, making it the most expensive series of wildfires in state history, an official said Wednesday.
February 1, 2018
Auto
Catastrophe
Property
California
NHC Report On Harvey: Most Significant Tropical Cyclone Rainfall Event In US History
The National Hurricane Center released Thursday its official 76-page report on Hurricane Harvey and its impacts on Texas and the rest of the United States.
January 25, 2018
Auto
Catastrophe
Property
Texas
Canada Starting To Build A “Culture Of Climate Resilience,” Insurers Say
Canada is starting to create a culture of climate resilience, particularly around overland flood risk, says the Insurance Bureau of Canada (IBC), an association of Canadas home, auto and business insurers.
January 25, 2018
Catastrophe
Property
Heroic Adjuster Digs Through Wildfire-Devastated Home To Recover Precious Jewelry
Losing your home is one of the most traumatic experiences a person can go through. There are memories floating in every nook and cranny and sentiment attached to every photo or precious item.
January 24, 2018
Catastrophe
Property
California
Marsh Warns Of Hurricane Katrina-Scale Losses From Cloud Breach
Cyber exposure shot into focus in 2017. Dramatic events like WannaCry and NotPetya crippled parts of the corporate sector and forced the business world to wake up to the ever-evolving issue.
January 19, 2018
Catastrophe
Excess & Surplus Lines
Liability
Risk Management
Technology
Weather Disasters Cost U.S. Record $306B In 2017: NOAA
Weather and climate-related disasters cost the United States a record $306 billion in 2017, the third-warmest year on record, the U.S. National Oceanic and Atmospheric Administration said on Monday.
January 9, 2018
Auto
Catastrophe
Property
Kicking The Can Approach To NFIP Reform Is Not Viable
Those hoping for clarity over the future of federal flood insurance in the United States are still waiting after Congress passed a third short-term extension to the National Flood Insurance Program (NFIP) back on December 22.
January 8, 2018
Catastrophe
Legislation & Regulation
Property
The 5 Most Expensive Storms In History
The bombogenesis storm just hit the eastern U.S., dumping snow and bringing in frigid cold temps. Not only are massive storms dangerous, they are costly.
January 5, 2018
Auto
Catastrophe
Property
Insurers To Pay Out Record $135B For 2017
Insurers will have to pay claims of around $135 billion for 2017, the most ever, following a spate of hurricanes, earthquakes and fires in North America, according to a report published on Thursday.
January 4, 2018
Catastrophe
Property
California
Florida
Texas
On the Ground: Risk Management In A Historic Hurricane Season
A devastating hurricane season left catastrophic damage across the Atlantic basin, with the most severe storms in more than a decade striking the Caribbean and southern United States in close succession. While the year is not yet over, 2017 is already one of the most expensive in history for natural disasters.
December 14, 2017
Catastrophe
Floridas Citizens Insurance Plans Online Claims Portal By 2018 Hurricane Season
Deluged with phone calls from policyholders after Hurricane Irma, state-run Citizens Property Insurance Corp. is planning to create a self-service online portal in time for the 2018 hurricane season.
December 14, 2017
Catastrophe
Property
Risk Management
Florida
Dangerous Winds Persist As Wildfires Roar In California
LOS ANGELES The winds arent changing for Southern Californias wildfires yet.
The fifth largest blaze in state history was threatening thousands of homes as it churned through coastal mountains amid persistently dangerous weather conditions.
December 12, 2017
Catastrophe
Property
California
The fifth largest blaze in state history was threatening thousands of homes as it churned through coastal mountains amid persistently dangerous weather conditions.



