How climate modeling tools are empowering insurers and brokers

How Climate Modeling Tools Are Empowering Insurers And Brokers

Revolutionizing Risk: How Climate Modeling Tools Are Empowering U.S. Insurers and Brokers Against Escalating Threats As wildfires rage across California and hurricanes batter Florida’s coastlines, American homeowners face skyrocketing insurance premiums and coverage gaps that threaten their financial security. In 2025 alone, climate-driven disasters have already racked up $162 billion in damages, with insured losses … Read more

New parametric insurance can deliver payouts for even the lightest showers

New Parametric Insurance Can Deliver Payouts For Even The Lightest Showers

Overview of Parametric Insurance for Light Showers Parametric insurance, unlike traditional indemnity-based insurance, provides payouts based on predefined triggers (e.g., measurable weather events) rather than assessed damages. In 2025, a notable advancement in this field is RainSure, introduced by Vortex Weather Insurance, which delivers payouts for even the lightest rainfall, starting at just 0.01 inches … Read more