Flood Damage on Key Austrian Rail Link to Take Months to Repair September 24, 2024 By Jonathan Tirone Austria’s national railways will need months to restore the country’s busiest train line after catastrophic floods wrecked infrastructure, throttling the...
Canada’s Insurance Czar Has ‘Harsh’ Message About Climate: You May Have to Move September 24, 2024 By Thomas Seal The soaring cost and difficulty of insuring against climate risks may force people to relocate, the head of Canada’s main...
Extreme Weather Adds to Fiscal Strains in Central Europe September 20, 2024 By Jan Lopatka, Karol Badohal and Gergely Szakacs Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the...
Historic Rainfall Inflicts Chaotic Floods Across Four Continents September 19, 2024 By Lauren Rosenthal and Brian K. Sullivan Severe rains bucketed down on central Europe, Africa, Shanghai and the US Carolinas this week, underscoring the extreme ways in...
Update: Flood Death Toll Rises as Europe Counts Cost of Storm Boris September 16, 2024 By Eamon Akil Farhat, Marton Eder, Piotr Skolimowski and Krystof Chamonikolas Floods ripped through central Europe killing at least 17 people, as governments across the region took emergency measures and prepared...
Canada’s Wildfire Season Ranks Among Worst but Less Severe Than Feared September 12, 2024 By Nia Williams With summer drawing to a close in Canada, the 2024 wildfire season is shaping up as one of the most...
Built-Up Cities Get More Rain Than Rural Outskirts, Study Finds September 11, 2024 By Matthew Griffin Cities often get more rain and experience extreme rainfall more often compared to surrounding areas, a new study finds, a...
Claims From 4 Summer Weather Events in Canada Exceed Prior Year Total: IBC September 6, 2024 Four natural catastrophes over four weeks during Canada’s summer season have resulted in about five times the amount of claims...
Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives September 4, 2024 By Natasha White As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a...
Canada’s 10 Worst Natural Disasters Totaled C$30 Billion in Annual Insured Losses September 3, 2024 Insured losses have surged in the past decade as climate change in Canada sparks wildfires, intense hailstorms and thunderstorms with...