The average claim severity during the third quarter 2025 could turn out to be one of the highest quarterly amounts in recent history, however the quarter will produce the lowest claim volume in five years—continuing a trend of decreased catastrophe …
The average claim severity will turn out to be one of the highest quarters in recent history for 2025’s third quarter, however the quarter will produce the lowest claim volume in five years—continuing a trend of decreased catastrophe events that …
A working paper from three well-known economists shows the impacts of global warming and particularly extreme weather on the budgets of American households is up to $900 per year. The paper was authored by former Treasury Department officials Kimberley Clausing, …
A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from Hurricane Melissa, which caused catastrophic damage in Jamaica before impacting the surrounding area—without any U.S. …
A new paper from Zurich calls out an “alarmingly bleak” outlook thanks to climate change driving the frequency and intensity of extreme weather and increasing the likelihood of natural catastrophes. However, the paper takes an optimistic stance that there are …
It’s a family affair at Heritage Insurance Agency and not just because a husband-and-wife team run the firm. Steve Mora, the principal and CEO, who runs the Chico, California-based agency along with his wife Kelly, principal and chief marketing officer, …
Even with all the storms the Western U.S. received in the last two years, climate change is baking the region. That’s because higher temperatures are increasing evaporation enough to cause drought, according to a study by UCLA scientists and National …
Climate change was a key driver of the devastating impacts of Hurricane Helene, a group of scientists said this week. Hurricane Helene made landfall as a Category 4 major hurricane west-southwest of Perry, Taylor County, Florida on Sept. 27, with …
A new study on adoption of behaviors that reduce personal carbon emissions in 37 countries and territories classified as “high-emissions” shows that daily household behaviors are far more common than higher-cost, infrequent behaviors. Lower-cost, daily behaviors to reduce carbon emissions …
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 …