New safeguards give impacted Californians policy stability for a year. A one-year nonrenewal and cancellation moratorium has been imposed by California Insurance Commissioner Ricardo Lara […]
Category: Catastrophe
Rising Risks: Is the Insurance Industry Facing an Uncertain Future?
Industry participants contemplate the unimaginable. Some stakeholders in the insurance industry are contemplating the unthinkable in light of the severe losses the sector is suffering: […]
Insurance Sector Rallies Relief Efforts in the Aftermath of Hurricanes Helene and Milton
Contributions support relief and recovery operations. Insurance firms and their affiliated organisations are contributing to relief efforts in Florida by doing more than just processing […]
Research Highlights Increased Flood Risk Due to Climate Change
Claimed to be the most precise forecast to date The most precise flood risk projections to date under climate change, according to Fathom, a global […]
Revealed: US Regions Most Prone to Lightning Strikes Unveiled in Study
The report documented almost 2.1 billion lightning occurrences globally in 2023. According to a recent research from weather data supplier Vaisala, five metropolitan regions in […]
Climate-Vulnerable Nations Face Potential Insurable Disaster Losses Exceeding 100% of GDP
Emerging research investigates potential dangers in areas prone to sudden infant death syndrome Risk research by the global insurance group Howden and a study by […]
Californians Show Resistance to Insurance Reforms, According to Consumer Watchdog
A “deregulation deal with insurers” was applied to the reforms. According to a Consumer Watchdog-commissioned survey, the majority of Californians are opposed to changes that […]