Flood insurance

One part of the plan is a voluntary public-private reinsurance mechanism that would pool private risks across the EU to help backstop weather-related losses.

Data from the Environment Agency on Tuesday showed 6.3 million homes and businesses are in danger of damage from overflowing rivers, sea or drains.

More than 200 people have died and thousands of homes were destroyed in Spain's worst natural disaster since 1962.

Contentious insurance commissioner races, as well as potential policy changes are at stake this election season for insurers.

Digital Insurance spoke with Behzad Salehoun, Canada insurance lead at Capco, about how insurers are navigating severe and frequent weather events with advanced data techniques and climate science.

Advances in technology could help insurers better predict climate events.

Many homeowners don't realize they are uninsured or under-insured for storm surge and flooding.

Estimates for insured losses from Hurricane Helene have climbed to as much as $14 billion, even as insurers are preparing for more devastation from Hurricane Milton.

Severe repetitive loss (SRL) properties are a growing category.

The destruction from Hurricane Helene is expected to cost insurers roughly $6.4 billion, according to an early estimate from catastrophe modeling firm Karen Clark & Company.