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The company began as a startup focused on helping people and businesses manage and adapt to climate change, by providing weather insurance to ski resorts, large event venues, and farmers. In 2010, it decided to focus exclusively on agriculture, and launched the Total Weather Insurance Product in fall 2010 for corn and soybeans. [2] [3]
From 1980 to 2005, weather-related claims to the National Flood Insurance Program (NFIP) cost $34.1 billion in constant 2005 dollars, which represented 11% of all weather-related insurance losses in the United States during the period and the NFIP's exposure to weather-related losses quadrupled to $1 trillion in 2005.
Weather cancellation insurance reduces an organization’s risk in planning an outdoor event. When a company or organization is holding a concert, running a special event, having a sale, or executing any form of outdoor activity and the weather prevents that activity from taking place, the organization risks losing whatever money that has been invested in the planning, organization, marketing ...
Nationally, 2,279 communities don't participate in the voluntary program that provides insurance against flood damage, according to the Federal Emergency Management Agency, or FEMA, and most ...
Extreme weather does more than impact the cost of auto and home insurance, severe weather affects your personal finances on a daily basis. According to Bankrate data, 43 percent of Americans only ...
The bill creates an insurance program for small produce farms facing losses from extreme weather in the Northeast and other parts of the country. The bill creates an insurance program for small ...
Map of regions covered by the 122 Weather Forecast Offices. The National Weather Service operates 122 weather forecast offices. [1] [2] Each weather forecast office (WFO or NWSFO) has a geographic area of responsibility, also known as a county warning area, for issuing local public, marine, aviation, fire, and hydrology forecasts.
“Food spoilage typically only covers up to $500 per year but adds $5-$10 to your monthly bill,” said Ryan McEachron, CEO of ISU Insurance Services ARMAC Agency. “And the odds of a total loss ...