Increases limit to $500 million, adds wildfire coverage and lowers risk-adjusted cost for core catastrophe excess of loss coverage by more than 15%KINGSTON, N.Y., July 01, 2026 (GLOBE NEWSWIRE) -- ...
According to the National Centers for Environmental Information, the number of natural disasters with damages exceeding a billion dollars rose from an average of three per year to over 17 in the last ...
In many communities at high risk for natural disasters, a Wall Street financing tool that's gaining popularity, called a catastrophe bond, may make it easier for homeowners to get insurance. On Oak ...
As climate change intensifies the frequency and severity of natural disasters across Europe, the gap between insured and total economic losses—known as the natural catastrophe insurance protection gap ...
THE Philippine archipelago stands at the unfortunate forefront of global vulnerability to natural disasters. Battered annually by at least 20 typhoons, prone to seismic activity due to its location on ...
The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community — they provide income for fishermen, an after-school hangout spot for kids, and define ...
Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in ...
Boston’s snowy streets and sidewalks suggest it’s the last place you’d find a discussion about wildfires and insurance. And yet, a little-known company here says it’s trying to solve California's ...
Another severe weather system has renewed attention on Australia’s catastrophe exposure, with widespread impacts across southern Australia unfolding against a backdrop of rising insured losses and ...