Insurability becomes an M&A issue
The shift comes as the US experienced 27 separate billion-dollar weather and climate disasters in 2024, the second-highest annual count on record, at a total cost of $182.7 billion, according to NOAA’s National Centers for Environmental Information. The 1980-2024 annual average was 9.0 such events, but the 2020-2024 average jumped to 23.0.