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Global Insured Natural Disaster Claims Again Dominated by Severe US Storms: Gallagher
Apr 18 2024 // Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with US claims accounting for more than $15 billion, or 75%, of the Q1 total, according to a Gallagher Re in a...
Nebraska, Kansas Brace for Possibly More Tornados: Weather Watch
Apr 16 2024 // Wild weather is sweeping the central US on Tuesday with tornado watches posted across parts of Nebraska and Kansas and an enhanced risk of severe thunderstorms later in Iowa, Missouri and Illinois, the National Weather...
Weathering the Storm: The Impact of Climate-Driven Risk Reassessments on the Housing Market
Apr 15 2024 // One of the most pressing challenges facing insurance professionals today is the escalating impact of extreme weather events in traditionally disaster-prone areas. Last year alone, the U.S. witnessed a staggering $92.9...
Storms Bring Floods and Damaging Wind Across the South
Apr 12 2024 // SLIDELL, La. (AP) — Severe storms blamed for a death in Mississippi spawned a tornado that demolished buildings in one Louisiana city Wednesday while inundating streets in low-lying New Orleans with hours of steady rain...
Oklahoma Sues Natural Gas Companies Over Price Spikes During Winter Storm Uri
Apr 12 2024 // OKLAHOMA CITY (AP) — Two Texas-based natural gas companies are being sued by Oklahoma, which alleges they fraudulently reduced gas supplies to send prices soaring during Winter Storm Uri, making huge profits while...
West Virginia Saw 5 Tornadoes Last Week, Double the Yearly Average
Apr 10 2024 // CHARLESTON, W.Va. (AP) — The National Weather Service on Monday confirmed a fifth tornado touched down during severe storms that barreled across West Virginia last week. That’s more than double the state’s...
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