The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood losses from a 1-in-100-year event, according to a new whitepaper from …
EU’s Insurance Watchdog Warns of Risks Tied to Extreme Heat
The warning is the latest by EU authorities charged with safeguarding the bloc’s economic stability. A Central Bank’s official said last month that the cumulative
