Weather and Climate Change Risk

Consumer Watchdog says California wildfire insurance coverage proposal lacks benefits for residents.

Casey Kempton, president of personal lines at Nationwide, addressing the Insurtech Insights conference, said carriers should work to educate policyholders about what to expect from weather claims.

Experts predict a highly active Atlantic hurricane season, highlighting the widening protection gap and emphasizing the need for more affordable, accessible insurance coverage.

Highlighting what technology tools insurers are using to better understand the risks associated with the climate crisis.

Catastrophe bonds and other insurance-linked securities, which powered last year's highest-returning hedge fund strategy, are built on calculations that can underestimate a new breed of risk stemming from high-frequency events such as wildfires and thunderstorms, according to veteran investors.

Technology is helping carriers to better manage their risk portfolios when it comes to underwriting and managing weather-related property risks.

The one-year-old startup, which recently had a $500,000 funding round with Metaprop and others, helps identify properties that are better protected against natural perils.

Three strategies to help insurers weather a changing climate risk environment.

Homeowners insurance rates in Florida have always been above the national average, but in recent years they have risen to unprecedented levels.