Catastrophe losses keep rising. Here's how insurers are trying to mitigate risk
CNBC Television·2025-12-16 12:34
When hurricane wind gusts hit 110 m an hour, a 2x4 can become a spear and standard plywood can't withstand that force. But increase the thickness of the wood by half an inch and watch. Helpful to know if you're boarding up windows ahead of a storm.Convective storms that produce fierce wind, tornadoes, and hail have become increasingly costly in the US. Building materials matter. FM employs 2,000 engineers who work with their commercial industrial insurance clients.At FM's Rhode Island research campus, engin ...