Travis Hodges in ClaimsJournal highlights $92.9B in U.S. weather-related damages, urging a reevaluation of insurance risk and the role of brokers in providing tailored coverage.

UN's Economic Outlook: Addressing Climate-Related Challenges

A recent report sheds light on the increasing financial burden extreme weather places on the federal government and taxpayers. Crop insurance payouts, exceeding $118 billion between 2001 and 2022, reveal the staggering costs incurred due to droughts, heatwaves, and floods.

Brazil's election outcome will shape its response to intensified extreme weather events and economic losses of $64 billion between 2013 and 2022.

Amidst a surge in extreme weather events driven by La Nina and amplified by climate change, the world faces a $1 trillion weather disaster problem, straining the global economy and exacerbating inflationary pressures.

CEOs foresee climate change intensifying high prices in 2023; PwC survey reveals growing concern among 4,400 global leaders.