Insurance — Northeast Blizzard Causes Up to $38 Billion in Damage and Economic Loss, AccuWeather Reports

Insurance · 2026-02-25

The insurance industry is facing a convergence of high-severity weather events and emerging technological risks that are fundamentally reshaping risk assessment models. The recent Northeast blizzard's $34-38 billion damage estimate from AccuWeather represents a continuation of the trend toward more frequent catastrophic weather events, while simultaneously, the industry grapples with new risk…