Climate Change Drives Global Surge in Fires, Floods, and Drought - Insurance Claims News Article

Climate Change Drives Global Surge in Fires, Floods, and Drought

Thursday, September 19th, 2024 Catastrophe Litigation Property Risk Management

As climate change intensifies, its signs are becoming increasingly apparent through a rise in natural disasters. Countries like Brazil, Portugal, Peru, and the United States are battling widespread wildfires fueled by extreme heat and drought. In California, firefighters face challenges in controlling multiple large blazes, while fires in Portugal and Peru have resulted in the loss of lives and property. Brazil is also suffering from its most severe drought in over 70 years, with significant impacts on neighboring Paraguay and the country’s vital waterways.

At the same time, regions across Central Europe, Southeast Asia, and Africa are grappling with catastrophic flooding. Typhoon Yagi has devastated Southeast Asia, causing hundreds of deaths across Myanmar, Vietnam, and the Philippines. Central Europe is also experiencing deadly floods, with more forecasted. In West Africa, historic rains have triggered dam collapses, displacing millions and straining resources. Meanwhile, parts of North Carolina face ongoing flood risks after heavy rains. These events demonstrate the increasing frequency and severity of climate-related disasters.


External References & Further Reading
https://www.carriermanagement.com/news/2024/09/19/266680.htm
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