Natural disasters

Neptune Insurance filed for an IPO showing growing revenue for the flood insurance company.

A Category 5 hurricane could lead to more than $200 billion in damage, Moody's Analytics said in a report released before the 20th anniversary of Hurricane Katrina.

Digital Insurance stories related to insurance regulation.

Digital Insurance stories related to the impact of climate change and the use of tech in weather forecasting.

The models at the time overestimated the strength of the levees. They also underestimated the exposure of commercial properties.

The legislature, which returns to respond to recent floods, could also take up bills to curb local property taxes, including bills aimed at bond issuance.

David Larson, U.S. head of loss control & risk management services at Ascot Group, on how tech can impact weather forecasting and natural disaster preparedness.

Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the protection gap.

With rain continuing to fall, politicians are questioning whether federal, state and local officials were adequately prepared.

The cost is down 16.5% from last year, according to The Insurance Information Institute.

Climate risk models, which are widely used in the insurance industry, don't typically make detailed projections for extreme heat.

Investment funds based on parametric insurance have the potential to beat cat bond returns, according to Rhodri Morris, a portfolio manager at Twelve Securis.

The chance at a piece of strong returns has encouraged investment banks, hedge funds and debt investors to vie for contracts to fund the litigation, according to people involved in transactions.

Predicting environmental risks that follow a major natural disaster represents an untapped opportunity for insurance , according to head of reinsurance firm Swiss Re AG's China unit.

Unless adequately shielded from extreme weather events, assets designed to help fight climate change may risk access to insurance.

"We want to wean off of FEMA, and we want to bring it down to the state level," Trump told reporters on June 10 during a briefing in the Oval Office.

Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical.

Catastrophe risk information from government bodies and academic institutions would make it possible to insure more homeowners based on more granular assessment, according to insurance industry professionals.

Insured losses from natural catastrophes could soar to $145 billion this year as population growth, urban sprawl and climate change combine to supercharge risks, according to a report by Swiss Re Institute.

The global insurance protection gap was last estimated at $1.8 trillion, according to SAS.