Insurance industry scientists put the spotlight on Northern U.S. cities in a new research paper about hurricane potential under a warmer climate scenario, finding that New York’s insured losses could rise by more than 60 percent. Sam Phibbs and Ed […]
Tag: Climate
European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk
When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance. But in the four years since, a spiderweb of fissures has […]
Time Pressures And Climate Volatility Raise Risks for Caribbean Hurricane Season
With the official start of hurricane season on June 1, insurers and claims professionals should prepare for what has the potential to be one of the most volatile seasons in memory. An environment shaped by rapid storm intensification and flooding […]