Page 8 - Subsidence News Today

Climate change means the areas impacted by subsidence will double by 2050, and double again by 2080, Heikki Vesanto, manager for GIS data science at LexisNexis

Adverse weather drove RSA’s personal lines business to an underwriting loss in 2022, with freezing winter temperatures and dry summer conditions pushing its

According to a report by EY, UK motor and home insurers are expected to make the biggest annual loss in over a decade this year, with further losses forecast

As COP 28 kicks off on 30 November, Emma Ann Hughes examines how the race to net zero is creating stranded assets, affecting insureds and insurers.

Martin Langhorst, new major loss director at Davies, reflects on returning to the business after a decade away, and shares his plans for ensuring that his

Valeria Ermakova, associate director for analytics at AM Best, reveals while reserving for claims inflation is shaking the nation's insurers, actions taken by

Cattle with broken legs. Freshwater springs that have been disrupted or dried up. And, most obvious of all, huge cracks in the land, which is literally crumbling from coal mining.

Britain’s weather is becoming more extreme – and homeowners are paying the price.

The Pennsylvania DEP is recommending people who live in former mining areas to invest in Mine Subsidence insurance on top of their regular insurance, especially

The absence of a building permit system is cited as one of the primary reasons for the extensive damage to houses in the subsidence-hit area of Joshimath in Uttarakhand, according to a post-disaster needs assessment conducted by government agencies.