Risk
Transforming CAT Modeling With AI: A Framework for Insurers
Insurers are fundamentally transforming catastrophe (CAT) modeling approaches with artificial intelligence (AI), machine learning (ML) and advanced climate data ...
North Carolina Lake Town’s Dam Rebuilding Plans in Limbo After FEMA Cuts
When Hurricane Helene's flood waters slammed into Lake Lure's century-old dam last September, gouging a massive scar into one embankment and cascading five months' worth of rain down its sides, town ...
Planetary Waves Linked to Extreme Summer Weather Have Tripled Since 1950
Climate change has tripled the frequency of atmospheric wave events linked to extreme summer weather in the last 75 years and that may explain why long-range computer forecasts keep underestimating ...
AI Risks, Climate And Legislation Lead Verisk’s Emerging Issues Bracket
Collegiate teams that competed in the men's and women's basketball tournaments turned heads in March. Now, we're hearing about topics that made it to the final rounds of Verisk's recent emerging ...
Agents Must Take the Lead on Personal Cyber Coverage, Report Says
While major corporate cyber hacking makes the news nearly every day, what about hackers in homes? As personal lives and residences become more intertwined with the internet, consumers are at greater ...
California vs. Florida: A Tale of Two Insurance Markets
Until recently, homeowners insurers weren't allowed to use catastrophe models to justify needed rate increases, or to include the cost of reinsurance in their rate indications in the state of ...
Why FEMA Keeps Denying Disaster Preparedness Aid to States
The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency ...
Wildfire Season Preview: Rest of 2025 Is High-Risk, May Follow LA Wildfires Paradigm
Following the "paradigm-shifting" Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for the insurance industry, and a warning that "wildfire is no ...