Insurers used to fear a handful of blockbuster catastrophes each year. Now the real budget killer is a relentless stream of ...
The U.S. was spared by a direct hurricane hit last year, but claim costs for typically smaller, more frequent and localized ...
Natural disaster losses worldwide dropped sharply to $224 billion in 2025, reinsurer Munich Re said Tuesday, but warned of a ...
A record-setting 21 thunderstorm events each caused at least $1 billion in damages, a sign that more people and property are ...