insurance losses News

Hurricanes and Floods Bring $120B in 2022 Insurance Losses: Munich Re

Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on record for natural disasters, Munich Re said on Tuesday, warning that climate change was making storms more intense and frequent. …

Tornadoes That Ripped Across Central U.S. Could Be Costliest Outbreak on Record

A group of tornadoes that tore across the central U.S. on December 10 and 11 resulted in widespread damage in several states and could serve as the nation’s costliest tornado outbreak on record. “Based on preliminary assessments of the extensive …