Disaster Insurance Set to Test Italy’s Business Backbone in 2025 December 16, 2024 By Alberto Chiumento and Andrea Mandala Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some...
Italy to Require Companies Buy Insurance for Climate Risks December 3, 2024 By Gautam Naik Starting Jan. 1, every company in Italy must buy insurance to protect its assets from floods, landslides and other natural...
North-Central Italy Sees Floods, Road Closures After Heavy Rains October 21, 2024 By Alberto Brambilla Floods engulfed parts of north-central Italy from overflowing rivers following days of heavy rain, prompting the state-led road operator to...
Italy’s Insurance Protection Gap Exposes State Finances to Natural Disasters June 29, 2023 By Alessandro Parodi, Alberto Chiumento and Andrea Mandala Lamberto Mongardi, a farm owner in the northern Italian town of Lugo, was hit twice when torrential rain lashed the...
Triple-Whammy of Cyclones, a 1-in-200-Year Event, Drove Italy’s Flooding: Scientists June 1, 2023 By Frances D'Emilio and Seth Borenstein A rare, triple-whammy of cyclones drove the deadly flooding that devastated much of northern Italy this month, but scientists said...
Italian Insurer Unipol and SpaceX Join Forces to Help People Hit by Flooding May 23, 2023 Elon Musk’s SpaceX and Unipol Gruppo agreed to join forces to help people hit by flooding in northern Italy connect...
Fruit Harvest Faces Ruin After Floods Hit Italy’s Emilia-Romagna May 22, 2023 By Angelo Amante Deadly floods in northern Italy will ravage fruit production in what is normally one of the country’s most bountiful agricultural...
Worsening Off-Season Floods in Venice Trigger Fears About Climate Change Impact October 22, 2021 By Colleen Barry VENICE, Italy (AP) – After Venice suffered the second-worst flood in its history in November 2019, it was inundated with...
Venice Floods to Cost St. Mark’s Cathedral at Least $5.5 Million in Damage December 30, 2019 By Colleen Barry “Every stone is a treasure,” says the technical director of St. Mark’s Basilica’s vestry board, indicating the prized gold-leaf mosaics...
Venice Hotels Suffer Nearly $34M in Damages from November’s Floods December 23, 2019 Venice’s hoteliers association estimates that the city’s hotels suffered about 30 million euros ($34 million) worth of structural damage during...