Weather and Climate Change Risk

Increasing economic losses are widening the uninsured protection gap.

Dr. Lou Gritzo, Chief Science Officer at FM, explains why there are more frequent and severe storms, flooding, wildfires and other weather-related events.

California authorities issued their latest moratorium against non-renewal of residential property insurance after wildfires in Ventura County. It's the eighth this year and 34th since 2019. The state's insurance commissioner authored a law while a state senator to make these moratoriums automatic after a state of emergency.

Data from Neptune Flood reveals the lack of coverage from homeowners and business owners facing the storm's deadly destruction.

Panelists in Send's most recent webinar highlight the importance of high-quality data in climate risk assessment.

An increase in wildfire risk has led to a decrease in insurance options as insurers are dropping coverage in these areas.

Measuring and managing risks is crucial for insurers.

A tougher environment for weather disaster related insurance claims ripples into fraud concerns and awareness of deductibles, speakers told a convention of state insurance regulators.

Millions of homes in the Western U.S. are at moderate to very high risk of wildfires, according to the 2024 Wildfire Risk Report.

Gen AI, drones and other technologies are transforming the claims process for adjusters and customers.

InnSure executive director shares how communities can combat higher rates and mitigate climate risk by taking control of their insurability.

Howard Altschule, CEO of Forensic Weather Consultants discusses the current hurricane season and how technology is changing the ability to predict weather events.  

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.