All the headlines from our Catastrophe Topic Page, ordered by recency.
Feb 8 2021 // Through the end of 2020 property/casualty insurers paid out or reserved $7.7 billion On claims of all types resulting from Hurricanes Laura, Delta and Zeta in Louisiana, the state insurance department reported.The...
Feb 8 2021 // There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% more than the average annual losses for this century, according to insurance broker Aon’s latest...
Feb 7 2021 // A series of small earthquakes believed by seismologists to be caused by the underground injection of wastewater from oil and gas production continued to rattle northern Oklahoma on Feb. 6.Four quakes occurred Saturday...
Feb 5 2021 // The Insurance Council of Australia (ICA) has declared a catastrophe for the Perth Hills bushfires which continue to burn north-east of Perth.Insurers have received more than 270 claims and estimated loss value is over A$40...
Feb 4 2021 // Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new Aon report that projects the growth momentum will continue in 2021.While the year was a record for...
Feb 4 2021 // The National Fire Protection Association and State Farm have kicked off a funding awards application period for the eighth national Wildfire Community Preparedness Day on Saturday, May 1, which helps communities prepare...
Feb 3 2021 // Saying exceptional drought conditions pose a wildfire threat in a large swath of West and Southwest Texas, Gov. Greg Abbott has issued a disaster declaration for counties in those areas of the state.Abbott said drought...
Feb 3 2021 // Croatian insurers are reaping a windfall as residents rush to sign up for protection after two destructive earthquakes last year left them to rebuild without private coverage, the head of the country’s industry...
Feb 3 2021 // Colonial Claims LLC, a nationwide independent insurance claims service companies, has acquired Tampa area business Premier Adjusting and Catastrophe Services, Inc., a first and third-party claims handler for residential...
Feb 2 2021 // As of Feb. 1, the National Flood Insurance Program (NFIP) has paid out more than $115 million in flood claims in Louisiana in response to the 2020 hurricane season. That figure is up from the $110 million in NFIP payments...
Jan 29 2021 // A tornado touched down near the airport in Florida’s capital city Wednesday, flipping at least one small plane over and knocking out weather radar before moving east into residential neighborhoods, the National...
Jan 28 2021 // James Scott has never lived anywhere other than a two-story house on hilly Darlene Drive north of Birmingham. Home will never be the same after a tornado smashed the structure into pieces, killed another teen and left the...
Jan 27 2021 // Louisiana Gov. John Bel Edwards is asking President Joe Biden for $3 billion to help Louisiana with its ongoing recovery from the 2020 hurricanes, saying that he’s filed a request with the new White House similar to...
Jan 26 2021 // FEMA has approved more than $1 billion in federal disaster assistance, long-term disaster loans and flood insurance claims since Hurricanes Laura and Delta hit the state in 2020. Laura made landfall in Louisiana in late...
Jan 25 2021 // There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above the average annual losses for this century, according to insurance broker Aon’s latest...
Jan 25 2021 // Request for Proposals AnnouncementLouisiana Citizens Property Insurance Corp. (“LCPIC”), has released a new request for proposals for vendors to service insurance claims after a catastrophe, such as in response...
Jan 25 2021 // The grim statistical tally of the 2020 Atlantic hurricane season highlighted a dramatic year, one that saw the most active such season in recorded history.Last year, there were 30 named storms and 13 hurricanes, of which...
Jan 25 2021 // Texas regulators in early January rejected a request for a 5% rate increase by the state’s insurer of last resort for wind and hail for properties along the Texas coast.The Texas Department of Insurance denied the...
Jan 22 2021 // A Christmas Day explosion rocked Nashville, Tennessee. Officials believe 63-year-old Anthony Q. Warner is responsible for the blast that damaged several buildings, injured three people and reportedly killed Warner. Various...
Jan 22 2021 // Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents.Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity,...