As tropical storms become more likely, COVID-19 is changing the ways resulting insurance claims are handled. New tools and practices can help insurers work within physical distancing guidelines, for example. A survey of claims-related organizations reveals how the sector plans …
Read More »For small island nations, climate change is not a threat. It’s already here
As world leaders gathered at the UN Secretary General’s Climate Action Summit this week, the damage Hurricane Dorian wrought in the Bahamas earlier this month served as a grim reminder of the climate realities that island nations face. For the nearly one-third …
Read More »The Economic Fallout of Hurricanes
Hurricanes can cause a staggering amount of human losses as well as economic hardship for those affected. Total monetary losses habitually exceed insured losses in the case of hurricanes, as our graphic with data from Munich Re shows. Of the estimated US$125 billion …
Read More »We can still rescue this planet from climate change. Here’s how
I and my colleagues have spent a decade or more trying to get a handle on tipping points in complex systems. A tipping point is when something changes rapidly to a new state – like water turning to ice at …
Read More »Are catastrophic disasters striking more often?
No sooner had Hurricane Harvey’s record rains receded from Houston and neighboring cities than the residents of Florida began bracing for a wallop from an even more powerful storm. And hurricane season hasn’t even peaked yet. This begs the question: …
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