A whitepaper series from Verisk
Verisk provides detailed analytics of weather, climate, and environmental perils to help you understand and manage risk.
Wildfires have increased dramatically during the past decade. Loss exposure will continue to grow as the wildland-urban interface (WUI) and other high-hazard areas are further developed.
In the post-industrial age, rising CO2 levels are warming the atmosphere and oceans, allowing more storms to develop and strengthen.
Changing weather patterns are creating new challenges for insurers as the footprint grows for frequent hail events and the severe thunderstorms that often produce them.