1+ mon, 34+ min ago   (500+ words) The peak of tornado season may be behind us, but the eastward expansion of what has been traditionally known as tornado alley into more populated areas may continue raising awareness of the growing insurance risk long for some time. Record…...

1+ mon, 1+ day ago   (468+ words) As Europe comes to grips with its fifth heat wave of the year, the research arm of Swiss Re AG is warning of far-reaching consequences. “Record heat underscores Europe’s chronic heat risk,” the authors of the Swiss Re Institute report…...

1+ mon, 1+ week ago   (405+ words) Edison International CEO Pedro Pizarro told investors “no other viable alternatives have appeared” to explain what caused a massive wildfire in the Los Angeles area last year other than equipment owned by the company’s Southern California utility. The company now…...

1+ mon, 2+ week ago   (874+ words) or insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but decades of population growth along coastal areas and rising property values are forcing them to rethink that assumption. Marked by warmer-than-average sea…...

1+ mon, 2+ week ago   (580+ words) This article is part of a sponsored series brought to you by Cotality. View Series Areas like New York City can cause a massive headache for insurers during hurricane season — often surpassing the challenges brought on by the perhaps bigger…...

3+ mon, 4+ week ago   (139+ words) This article is part of a sponsored series brought to you by Cotality. View Series Severe convective storms, which include hail, tornadoes, and straight-line winds, have evolved from secondary concerns to primary drivers of annual insured property losses. Today, a…...

4+ mon, 4+ week ago   (1547+ words) A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the prediction market Kalshi. He checked the Times…...