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What U.S. Weather Agency Cuts Mean for P&C

Summary by canadianunderwriter.ca
Photo by iStock/baona Recent and ongoing cost cutting initiatives at U.S. federal agencies may impact the ability of insurers across North America to gauge how severe weather events could impact secondary perils claims going forward, industry sources suggest. Agencies experiencing significant layoffs include the National Oceanic and Atmospheric Administration (NOAA), and its subsidiary, the National Weather Service (NWS). Both U.S. agencies crea…

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Verve times broke the news in on Monday, June 16, 2025.
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