> Indian Insurance: Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan

Thursday, July 23, 2026

Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan

A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw in Italy’s push to expand mandatory insurance against natural disasters. Businesses were insured, but not for the risks they faced …

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