Weather risk

Solar and wind energy companies protecting against climate-induced losses look to parametric insurance.

Even so-called 'low-risk' zones are now vulnerable to flooding from shifting weather patterns, overwhelmed sewer systems and rapid growth.

Nikki Devlin, CEO and co-founder of RIC, discusses how policyholders can use parametric insurance to recover from extreme weather events as these risks increase.

The backbone of American property insurance depends on data you've never thought about...until it's gone

ACORD's Somesh Mukherjee, vice president of solution architecture at ACORD Solutions Group, shares the complexities of technology used in weather-related claims processes.

Texas Hill Country saw $1.1 billion in property damage to residential buildings, according to preliminary Cotality estimates.

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.

State senator Roland Gutierrez points to National Weather Service cuts, and denial of mitigation project funding. Former FEMA administrator says cuts will worsen disaster impact on smaller communities.

New technologies are helping carriers identify how vulnerable properties are to a wide variety of risks ranging from wildfires to wind, flooding and more.

Climate resilience efforts such as new flood defense systems and building codes have offset potential insured losses in New Orleans, according to Swiss Re report.