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When Hurricane Katrina hit New Orleans in August 2005, it caused the biggest insurance losses ever seen from a natural disaster. The city’s flood defenses – walls, levees, and pumps – failed to hold back the water. But it wasn’t just the infrastructure that let people down. The models insurers used to predict and price … Read more

A massive dust storm swept through the Phoenix area late Monday, darkening skies and knocking out power for thousands. The storm, known as a haboob, sent a towering wall of dust hundreds of feet high rolling over city neighborhoods, leaving a trail of downed trees and scattered debris in its wake. About 55,000 customers lost … Read more

The home insurance market in the United States showed signs of calming down in 2025 after years of sharp premium hikes, according to a recent report by insurtech company Matic. The average cost for a new home insurance policy rose by 8.5% compared to the previous year, a slower climb than the 18% jump seen … Read more

Sibelco North America has filed a lawsuit against Zurich American Insurance Co., seeking over $130 million in damages following Hurricane Helene. The mining company claims the insurer failed to cover property damage and business losses sustained during the storm, which hit North Carolina in late September 2024. Hurricane Helene struck the Spruce Pine area on … Read more

Washington state is facing ongoing heavy rain and flooding caused by a powerful atmospheric river and winter storm. As the weather takes its toll, insurance experts are warning homeowners and agents about the risks of lacking flood coverage. Trevor Burgess, CEO of Neptune Flood Insurance, says many agents make a big mistake by not offering … Read more

Heavy civil contractors are the backbone of the infrastructure projects that keep our daily lives moving. From building roads and bridges to installing underground utilities, these contractors handle large-scale jobs that shape our communities. With over 1.17 million workers employed across nearly 19,000 heavy engineering construction firms in the U.S., the scope and scale of … Read more

Scientists at the National Oceanic and Atmospheric Administration (NOAA) have developed a new tool to better predict wildfire risks across the United States. Based in Boulder, Colorado, NOAA’s Global Systems Laboratory spent several years creating an index that provides hourly updates on wildfire potential. This means forecasters, firefighters, and land managers can get more detailed … Read more

Houston’s efforts to prevent devastating flooding have hit a new twist as Elon Musk has entered the conversation with a bold proposal. After Hurricane Harvey flooded the city in 2017, local experts have studied building massive tunnels to carry floodwater to the Gulf of Mexico. Now, Musk’s Boring Company, backed by Houston Congressman Wesley Hunt, … Read more

Sunny weather welcomed farmers and industry professionals this week at the Farm Progress Show in Illinois, the biggest farm event in the United States. But despite the pleasant skies, the mood among attendees was cautious. Low crop prices and ongoing trade tensions, especially with China, are making the future uncertain for American farmers. Scott Metzger, … Read more

Health and technology risks are no longer sidelined concerns in the corporate world. Recent findings from a World Economic Forum survey reveal that leaders from major economies are increasingly worried about issues like declining health, misinformation, and the impact of artificial intelligence. This shift marks a big change in how companies see and respond to … Read more