Australia's Climate Risks Are Making Home Insurance Unaffordable

Published on August 14, 2023
Australian home insurance premiums jumped the most in two decades in the past year, driven by weather catastrophes and higher building costs, new research
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Insured loss from Lahaina wildfire expected to be second largest ever in Hawaii: KCC

August 14, 2023
A Maui County update reveals that 2,207 structures have been damaged or destroyed by the fires, with an estimated reconstruction cost of $5.52 billion, while catastrophe risk modeller Karen Clark & Company (KCC) has said that the total insured loss will be “second only to Hurricane Iniki based on today’s property value.”Data released over the weekend from the Pacific Disaster Center and the Federa

Shippers Warned to Stay Away From Iranian Waters as US-Iran Tensions Run High

August 14, 2023
Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay as far away from