When a Neighborhood Floods, Foreclosures Often Follow

When a Neighborhood Floods, Foreclosures Often Follow As climate change worsens extreme weather around the US, floods are increasing the risk of home foreclosure, according to a new report by First Street Technology Inc., a climate-data company.   A big part of the reason why is that unlike damage from hurricane winds and wildfires, flood damage isn’t […]
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Thousands Without Power in Houston After Strong Thunderstorms

Thousands in the Houston area are without power after hefty thunderstorms with 70-mile-per-hour winds, hail and lightning rolled in early Tuesday morning, downing power lines and shutting off electricity for more than 160,000 people.   A line of storms with more lightning, heavy downpour and gusty winds was expected to continue to head eastward into […]
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Top Global Reinsurance Groups

Top Global Reinsurance Groups This Top Global Reinsurance Groups directory is based on research data from rating agency A.M. Best, and ranks companies based on full-year 2023 performance. Listing the top reinsurers in the world, this directory provides a simple way to analyse the world’s top reinsurance companies. You can sort the table by any of the headings and […]
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Major insurance and reinsurance industry loss events

Major insurance and reinsurance industry loss events Here we document major industry loss events that have affected the insurance and reinsurance market in recent years, with data on the latest insured loss estimates for catastrophe and man-made disasters that we have collated from a range of sources. Listing the major natural catastrophe and man-made disaster loss […]
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Flood Insurance – When the Waters Rise, Will You Be Ready?

It commences with a downpour. An initial drizzle. Then increasingly more. Until a mere forecast spirals out of control and transforms into a full-blown crisis. Once again, roads get submerged. Streets obliterate under water. Ov er the span of mere hours, Houses – which are filled with cherished memories and responsible – no longer exist. […]
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