Flash flood

Flood insurance likely doesn’t cover storm damage in your basement

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Flood insurance likely doesn’t cover storm damage in your basement

A flooded street caused by the rain and storm surge from Hurricane Debby on Aug. 05, 2024, in Cedar Key, Florida. Joe Raedle | Getty Images You need a separate insurance policy for floods A house is surrounded by floodwaters from Tropical Storm Debby on Aug. 6, 2024 in Charleston, South Carolina. Miguel J. Rodríguez … Read more

Natural disasters caused an estimated $65 billion in losses last year for Asia-Pacific

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Natural disasters caused an estimated billion in losses last year for Asia-Pacific

Economic losses in the Asia Pacific region soared to $65 billion due to natural disasters, mainly fueled by floods in China and droughts in India, as reported by insurance company Aon. Hadynyah | E+ | Getty Images Economic losses in the Asia Pacific region due to natural disasters soared to $65 billion in 2023, mainly … Read more