Why a Quieter Hurricane Season May Not Guarantee Good News for Insurers
For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes. Still, decades of population growth along coastal areas and rising property values are forcing them to rethink that assumption. Marked by warmer-than-average sea surface temperatures in parts of the Pacific Ocean, El Niño typically suppresses Atlantic hurricanes by … Continued
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