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Unprecedented weather shifts and soaring reconstruction costs force property insurers to reimagine risk assessment strategies, Verisk reports.
The private insurance market needs to better understand exposure to flooding.
Except for cyber, risk managers can expect declining insurance premiums.
Coral reefs protect against flooding, and coral is used in the creation of heart disease and cancer drugs.
In response to a need to protect fine art and other collectibles from natural catastrophes, the art warehouse industry is on the rise.
Failure to arrange the proper cover for regulatory penalties in the energy sector adds up to big losses.
Many coastal U.S. cities are sinking, while sea levels are rising. Commercial property owners may be more exposed to flood risk than they realize.
The deeper we drill in the ocean for oil, the more the risk increases.
The fear of powerful winds and storm surge has led to the development of specialty warehouses.
Drones are creating public safety hazards, and there’s little that can be done.
Underwriters are modeling storms better and businesses are revamping their business continuity plans – but memories can be short.
A 45-day superstorm floods California and dishes out economic catastrophe.
A dirty bomb detonated in Manhattan could make a ghost town of the most populous city in the U.S.
A fast-moving geomagnetic storm blasts the North American power grid, leaving a large swath of the Northeastern U.S. temporarily uninhabitable.
Drowning, drones and civil unrest are on the list of water park perils.
Light lumber, cost controls and a soft property market are exposing owners and insurers.
Taking it easy in a light hurricane season is exactly the wrong thing to do.
With workers at a high rate of danger, health care facilities must train for both communication skills and safety drills.
Brokers urge policyholders to understand their policies and avoid the harsh surprises insureds faced in the aftermath of Hurricane Katrina.
The location of suppliers should be a key consideration in supply chain risk management.
It is time for tenants to start bearing the cost of fires caused by their negligence.