As
weather related catastrophes continue, Peace Hills is not the first company to institute changes and will not be the last.
Not exact matches
Intact Financial Corp. (TSX: IFC) reported it paid out about $ 300 million to customers in Alberta due to storms and the floods in 2013, and analysts have speculated insurance costs are likely to rise as
weather -
related catastrophes occur more frequently.
As the corps considers public comment on the new permit, Pew is spotlighting living shorelines across the country, said Laura Lightbody, program director for the foundation's efforts aimed at reducing the impact of
weather -
related catastrophes, such as floods and hurricanes, on the U.S. economy, communities and environment.
Intact reported it paid out about $ 300 million to customers in Alberta due to storms and the floods in 2013, and analysts have speculated insurance costs are likely to rise as
weather -
related catastrophes occur more frequently.
Certainly most everyone would probably agree that a mass extinction would be a global
catastrophe, but what % increase in
weather / climate
related disasters would constitute a global
catastrophe?
In the long term, global warming will lead to a further increase in
weather -
related natural
catastrophes, the financial impact of which will have to be borne by insurers and the public.
Of the 58 natural
catastrophes with $ 1 billion or more of insured losses recorded through the end of 2006, 3 were earthquakes, including the devastating 2004 earthquake -
related Asian tsunami; the other 55 were
weather -
related — storms, floods, hurricanes, or wildfires.
Munich Re's natural
catastrophe database, the most comprehensive of its kind in the world, shows a marked increase in the number of
weather -
related events.
A. 2 of Miller, Muir - Wood and Boissonnade, An exploration of trends in normalized
weather -
related catastrophe losses.
Indur Goklany, a US - based expert on
weather -
related catastrophes, charted global deaths through the 20th century from «extreme»
weather events.
As more of America's critical energy infrastructure - both oil and natural gas - gets concentrated in the hurricane - exposed Gulf of Mexico, and with the memory of Hurricane Katrina unlikely to fade anytime soon, fear of a
weather -
related energy
catastrophe should worsen.
For me the most convincing piece of evidence that global warming has been contributing already to more and more intense
weather related natural
catastrophes is the fact that while we find a steep increase in the number of loss relevant
weather events (about tripling in the last 30 years) we only find a slight increase in geophysical (earthquake, volcano, tsunami) events, which should not be affected by global warming.
Regulators need to: include climate risks in company solvency and consumer - impact analysis; review the «standards of insurability» to identify new challenges, including climate -
related hazards in the US and abroad; encourage insurers to collect more comprehensive data on losses; elevate standards for
catastrophe modeling; and assess exposure of insurer investments and adequacy of capital and surplus to extreme
weather events.
[I] t would seem that the only plausible explanation for the rise in
weather -
related catastrophes is climate change.
Kansas is one of the most dangerous states for natural disasters, with a high number of
weather -
related catastrophes each year.
This coverage gives you the financial resources you need to make property repairs after a serious flood or fire or a
weather -
related catastrophe.
Ohio is a hub for natural disasters and
weather -
related catastrophes.
Catastrophes related to extreme
weather are becoming more severe and frequent, according to a Moody's Investors Service report.
There are a number of different ways that Kentucky residents can experience property damage to their homes including
weather -
related catastrophes, accidents (such as with a cooking fire) and property crime.
Kentucky residents can experience property damage to their homes because of
weather -
related events such as tornadoes and hailstorms or because of man - made
catastrophes such as electrical or cooking fires.