This trend of severe weather does not appear to be slowing, as NOAA predicts a major winter storm to impact the Plains, Midwest, and Mid-Atlantic

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According to its report, non-loss-impacted property catastrophe renewals also saw notable reductions in the risk-adjusted reinsurance rate at January 1, with the rate reductions ranging

According to the airline, the plane, which was a Boeing 737-800 aircraft, made a fuselage landing when its landing gear apparently failed to deploy after

The report highlighted that flooding accounted for an unprecedented 78% of the year’s total losses, earning 2024 the designation of “the year of the floods.”

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