All the headlines from our Catastrophe Topic Page, ordered by recency.
Sep 10 2020 // Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators, the Federal Reserve and the Securities Exchange Commission.The report was commissioned by...
Sep 10 2020 // It’s been 3 years since Hurricane Irma made landfall in Florida as a Category 4 storm, and the trail of damage left in its wake is still being felt across the state today, particularly by the insurance industry as it...
Sep 10 2020 // Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government budgets, an advisory panel to a U.S. markets...
Sep 9 2020 // Hurricane Laura was hardly done ripping across Louisiana before scientists started combing through satellite imagery and drone footage and preparing to survey coastal areas to see what damage was caused by the monster...
Sep 9 2020 // Hurricane-force winds and high temperatures kicked up wildfires across parts of the Pacific Northwest over the Labor Day weekend, burning hundreds of thousands of acres and mostly destroying the small town of Malden in...
Sep 9 2020 // Wildfires have burned a record 2 million acres in California this year, and the danger for more destruction is so high the U.S. Forest Service announced Monday it was closing all eight national forests in the southern half...
Sep 9 2020 // Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely continue over the next two years, or even longer, according to Munich Re.Such price...
Sep 8 2020 // No damage was reported after a weak earthquake occurred along the Alabama-Florida line Thursday morning. The U.S. Geological Survey reported that a magnitude 3.8 quake happened just after 10 a.m. north of Mount Carmel,...
Sep 7 2020 // Not Only in FEMA Zones, Not Only During Hurricane SeasonMajor companies across the U.S. are increasingly recognizing the risk for inland flooding and with good reason. As recent hurricanes like Harvey and Florence made...
Sep 7 2020 // The board of directors of Texas’ property insurer last resort for wind and hail in the state’s coastal counties voted in August to file a 0% rate change with the Texas Department of InsuranceThe Texas Windstorm...
Sep 7 2020 // For 22 years, the Florida Association of Insurance Agents has been led by Jeff Grady, president and chief executive officer, who admits that when he started all those years ago he did not expect to “fall in love with...
Sep 4 2020 // As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is giving them an odd financial break.Many companies that were damaged...
Sep 3 2020 // California Insurance Commissioner Ricardo Lara issued a notice to all California property/casualty insurance companies urging them to cover additional living expenses for policyholders who remain under mandatory evacuation...
Sep 3 2020 // Growing numbers of Louisiana residents are turning to the state to find a place to stay after Hurricane Laura ravaged the state’s southwestern region, wrecking homes, ripping away roofs and leaving hundreds of...
Sep 3 2020 // State authorities have released new simulations that show how a powerful tsunami could overwhelm Washington state’s coastal and shoreline communities.The Department of Natural Resources says there are some locations...
Sep 2 2020 // Several major wildfire bills were left on the table when the California Legislature ended its session earlier this week, but one bill is expected to make a comeback in some form.Assembly Bill 2167, authored by Assemblyman...
Sep 2 2020 // A southwest Mississippi city has paid $1.45 million to clean up from an April 23 tornado and now awaits reimbursement from federal and state disaster agency.The Enterprise-Journal reports McComb made its final payment to a...
Sep 1 2020 // The Colorado State Forest Service has launched a wildland-urban interface risk index.The county-by-county index uses housing density combined with modeled fire behavior to determine where the greatest potential impact to...
Sep 1 2020 // The federal government will begin offering low-interest loans to homeowners and small business owners who were impacted by North Carolina’s earthquake.The Winston-Salem Journal reports that the U.S. Small Business...
Sep 1 2020 // Hazardous emissions from a chlorine plant fire, abruptly shuttered oil and gas refineries and still-to-be assessed plant damage are seeping into the air after Hurricane Laura, regulators say, but some key state and federal...