Based on recent forecasts from The Weather Channel, the Central Plains is set to experience significant severe weather this Wednesday, including potential tornadoes, damaging wind gusts, and hail.
Tag: severe weather
Severe Weather Hits Many Parts of the Country
A blockbuster storm with heavy rain and powerful winds sparked tornadoes across the South on Tuesday − ripping roofs off buildings, toppling trees and blowing over RVs − after the system roared across the Midwest with blizzard conditions en route to the Northeast.
Chubb Report Offers Insight on Mindset of the Wealthy, Their Passions and Protecting What Matters
A new survey from Chubb finds that more than three-quarters of wealthy Americans and Canadians believe damage from severe weather stemming from climate change poses the biggest threat to their home.
Agents, Commercial Clients Have Different Views on Severe Weather Readiness
The increasing frequency and severity of weather events across the globe have many commercial insurance customers worried about damage to their businesses and properties – and rightfully so, with data showing 40% of businesses fail to reopen following a disaster.
New APCIA Survey Shows Nearly Three-Quarters of Homeowners Face Barriers to Increasing the Resiliency of their Home
Recent high profile natural catastrophic events highlight how important mitigation and resiliency are for homeowners and business owners in protecting their property from costly natural disasters.
Senate Committee Hears Testimony on Property Insurance Issues
From the Maui wildfires to Hurricane Idalia hitting Florida, extreme weather events have caused severe devastation to homes and businesses this summer. On Capitol Hill, consumer and affordable housing advocates sounded the the alarm Thursday on property insurance costs and availability during a Senate Banking, Housing and Urban Affairs Committee hearing. Douglas Heller, director of insurance at the Consumer Federation… Continue reading Senate Committee Hears Testimony on Property Insurance Issues
Insurers Are Facing More Than One Kind of Inflation
Inflation comes in many forms, and pretty much all of them are affecting insurers right now.
Treasury Secretary Yellen Says Extreme Weather Exposes Gaps in Insurance Protection
Treasury Secretary Janet Yellen said the weather-related havoc playing out across the US is exposing a “protection gap” for Americans seeking insurance against property losses.
Deadly Storms Across Northeast Bring Floods, Tornado Alerts
A cluster of severe thunderstorms pounded the U.S. Northeast including New York City on Sunday, unleashing deadly flooding in Pennsylvania, halting operations at several airports, and prompting tornado watches across New England.
Insurer’s Retreat in Florida Signals Crisis with No Easy Fix
Insurers are trapped in a riddle: In a world where the risk of costly disasters is rising but high premiums are squeezing policyholders and angering state regulators, how can they continue to make money?