Highways Baking at 158F Signal a Red-Hot Summer From China to the US June 2, 2025 By Brian K. Sullivan, Joe Wertz and Mary Hui In northern China, road surfaces have soared to 158F (70C). In California’s Central Valley, temperatures are reaching into the triple...
Wildfires in Alberta Pose Growing Threat to Canada’s Oil May 30, 2025 By Robert Tuttle and Brian K. Sullivan Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches...
Viewpoint: Global Reinsurers Stand Strong Amid Investment Volatility, Natural Disasters May 29, 2025 By Johannes Bender - S&P Global Ratings The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses...
Certification Enables California, Oregon Homeowners to Earn Premium Discounts May 29, 2025 Homeowners in California and Oregon in high-risk wildfire areas can earn discounts on insurance premiums through a new certification program...
First Heat Wave of Season to Bake West, Increasing Wildfire Risk May 27, 2025 Extreme heat levels of are expected in the western United States later this week, raising the risk wildfires and heat-related...
Wildfires Erupt Near Alberta Oil Well Sites Amid Hot Weather May 27, 2025 By Robert Tuttle Hot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated...
Global Forest Loss Tops Record as Wildfires Drive Destruction May 21, 2025 By Natasha White Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing...
German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims May 13, 2025 By Tom Sims and Alexander Hübner Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
More Americans Breathe Unhealthy Air Due to Wildfires, Extreme Heat April 25, 2025 By Emma Court Around 156 million Americans, nearly half of the US population, now live in areas with unhealthy levels of air pollution,...