Wildfire Threats Make Utilities Uninsurable in US West June 25, 2024 By Mark Chediak Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely...
Europe Braces for Heat Following Greek Fires and Swiss Floods June 24, 2024 By Jessica Shankleman European capitals are bracing for heat wave conditions, following wildfires in Greece and flooding in Switzerland over the weekend. High...
Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk June 20, 2024 Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion)...
Tropical Storm Alberto Strengthens as System Approaches Mexico June 20, 2024 By Ben Sharples Tropical Storm Alberto is strengthening as the system neared the Gulf coast of Mexico, and is expected to dump heavy...
The Era of Super-Wild Weather Is Already Here June 19, 2024 By Eric Roston, Eamon Farhat and Brian K. Sullivan Wildfires in Canada that burned continuously for over a year. Floods that brought Dubai to a standstill. Deadly heat blanketing...
Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS June 14, 2024 Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within...
Climate Change Made Deadly Brazil Floods Twice As Likely, Study Finds June 5, 2024 By Leslie Kaufman Greenhouse gases produced by human activity made the recent deadly flooding in Brazil twice as likely as it would have...
Insurers Expect Major Loss Event From Floods in Southern Germany June 4, 2024 Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria...
Scholz to Visit Southern German Region Battling Severe Flooding June 3, 2024 By Petra Sorge Southern Germany continues to battle flooding from heavy rainfall that’s disrupted transportation and pushed emergency services to their limits. Chancellor...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...