All the headlines from our Catastrophe Topic Page, ordered by recency.
Jul 28 2020 // Efforts to cut apart and remove a capsized cargo ship off the Georgia coast are being delayed for more than two months because of hurricane season and challenges posed by the coronavirus, project leaders said Friday.Those...
Jul 27 2020 // The magnitude 7.8 earthquake in the Aleutian Islands last week should not have sent tsunami alerts as far as Anchorage, Alaska’s most populous city, the Alaska Tsunami Warning Center said.The warnings were justified...
Jul 27 2020 // Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for Australia.These updates were prompted by findings in the National Seismic Hazard Model from Geoscience Australia...
Jul 24 2020 // A storm churning in the Gulf of Mexico that yesterday was a tropical depression is now Tropical Storm Hanna, the National Hurricane Center has reported.TS Hanna’s center is currently located south of the...
Jul 24 2020 // Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re estimated that natural...
Jul 24 2020 // A new model clause for clarifying coverage of motor terrorism risks has been published by the International Underwriting Association.It has been developed after a growing spate of terrorist attacks using vehicles led to...
Jul 23 2020 // A tropical depression in the Gulf of Mexico off the coast of Louisiana could become a tropical storm within the next 24 hours, the National Hurricane Center has warned.At 10 am Atlantic Standard Time on July 23, the NHC...
Jul 23 2020 // A powerful 7.8 earthquake struck the Alaska Peninsula late Tuesday, triggering a tsunami warning that sent residents fleeing to higher ground before it was called off without any damaging waves. Hundreds wore masks against...
Jul 23 2020 // The Travelers Companies reported a net loss of $40 million for the quarter ended June 30, 2020, compared to net income of $557 million in the prior year quarter. The insurer said the difference was primarily due to higher...
Jul 23 2020 // The Actuarial and Underwriting Committee of Texas’ insurer of last resort for wind and hail coverage for properties in the state’s coastal counties voted on July 21 to recommend a 0% rate increase to its board...
Jul 22 2020 // Firefighters and aircraft are working to halt the spread of two forest fires in rural northeastern California as unstable weather brought the risk of gusty winds, thunderstorms and lightning strikes that could start new...
Jul 22 2020 // QBE Insurance Group expects to report a first-half, after-tax loss of around $750 million, mainly due to COVID-19 claims and natural catastrophes, which included Australia’s bushfires and hailstorms at the beginning...
Jul 22 2020 // A minor earthquake struck a remote corner of Utah early Tuesday, the U.S. Geological Survey confirmed. The USGS reported that the magnitude 3.7 quake shook the desert at 3:44 a.m. local time. The epicenter was in...
Jul 21 2020 // The industry loss footprint for the January 2020 Australian hailstorms, which occurred Jan. 19-21, 2020, are estimated at A$1.8 billion (US$1.3 billion), according to PERILS, the independent Zurich-based organization that...
Jul 20 2020 // July 17 was the last day the Texas Windstorm Insurance Association’s (TWIA) Actuarial & Underwriting Committee accepted comments on its annual rate filing process, which officially begins on July 21 when the...
Jul 20 2020 // Tropical Storm Cristobal ate away the beach of Louisiana’s only inhabited barrier island to the huge sand-filled tube at the core of a protective levee, and the Army Corps of Engineers says permits and studies keep...
Jul 20 2020 // Agricultural experts have been tallying the crop damage caused by a recent storm that packed 50 mph winds and baseball-sized hail in parts of Minnesota.The storm was a blow for farmers from Kandiyohi County to Nicollet...
Jul 17 2020 // Get ready for the big one.That’s a refrain Californians have heard for years, but this time one scientist is putting a number on it. There’s a 1% chance a big quake will strike next year on the Southern section...
Jul 17 2020 // Canada saw powerful a series of powerful thunderstorms in June, which brought hail greater than the size of tennis balls and caused extensive damage and flooding throughout the greater Calgary metro region, said Aon in its...
Jul 17 2020 // As the 2020 hurricane season gets underway, emergency officials pay attention to the growing share (29%) of the U.S. population in the nation’s 255 coastline counties.They’re also looking at ways to minimize...