The insurance industry faces significant challenges in covering catastrophic risks, especially as climate change drives more extreme weather events. With soaring premiums and increasing exclusions, the need for an accurate assessment of these risks is more important than ever. The …
Global warming exceeded temperatures of 1.5 degrees C over a 12-month period for the first time in record keeping. The European Union’s Copernicus Climate Change Service released its findings in its Global Climate Highlights 2023 report on Thursday, calling out …
A week into June and two tropical storms have drenched the U.S. South. Perhaps it would be a good time to stock up on duct tape, plywood and sandbags. Unfortunately, using the first few weeks to predict the rest of …
Hurricane Patricia has strengthened into a Category 5 storm on the Saffir-Simpson scale, according to the National Hurricane Center in Miami, which is tracking the storm. The NHC’s latest bulletin said Patricia is the “strongest eastern North Pacific hurricane on …
