Natural disasters

Climate change is regarded by scientists as the pre-eminent factor driving long-term changes in weather, and the New York region is experiencing a severe drought — the Big Apple experienced its driest October on record.

Risk analytics firm Climate X studied the vulnerability of all NFL stadiums, and the ones most vulnerable to climate damage aren't just those in hurricane areas.

In California, wildfire readiness is quickly becoming a financial necessity.

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

Insurance broker Marsh will start offering contracts to protect companies against fraud in the market for carbon credits, after the instruments became the subject of recurring allegations of greenwashing.

The auto insurer's CEO, Mike Zukerman, has been in the role for just over one year. He wants the use of AI to 'surprise and delight' policyholders, and with CSAA's large presence in California, he expects stabilization of an insurance market greatly affected by wildfires in recent years.

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.

Insurance providers could use digital-based strategies like home management platforms and homeowner AI tools to reduce claims and increase customer satisfaction.

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.