How disaster prone is your county? FEMA’s new Risk Index has answers

The Federal Emergency Management Agency (FEMA) this week launched a mapping tool that identifies communities most at risk from 18 natural hazards, including hurricanes, wildfires and earthquakes. The tool, called the National Risk Index, visualizes natural hazard risk metrics and includes data about expected annual losses, social vulnerabilities and community resilience. Los Angeles County is ranked […]

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Rising interest seen in parametric insurance

Parametric insurance appears to have received increased interest in 2020. A recent Artemis article says growing awareness of and demand for these products seems to be driven by this year’s pandemic-related volatility as insurers and insureds “are increasingly focused on solutions that can rapidly deliver cash and enable better business continuity.” According to the article, Aon’s Innovation […]

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