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Natural disaster and other weather risk management news and information for property & casualty insurance professionals. Tips to prepare and minimize insurance losses, as well as weather-related insurance claim updates.
The firestorm affecting swaths of southern California continues to be a story of evacuation and defense.
Early estimates expect the damage to top $50 billion.
The state has experienced 82 weather events causing over $1 billion in damages since 1980.
With loss estimates projected to be well into the billions, this may be among the costliest ever U.S. catastrophes.
Aon: Risk of trip cancellation is a top motivator for buyers.
Tornadic activity in 2024 was driven in-part by hurricane-spawned twisters.
Beverly Hills, Hollywood Hills, Malibu and the densely-populated San Fernando Valley are facing a "particularly dangerous situation."
Policygenius: Fifty-one percent of homeowners ages 18 to 34 had their coverage dropped in the last three years.
Is the green transition on hold, and what would that mean for insurance?
Insurers must write polices for at least 85% of their statewide market share.