All the headlines from our Catastrophe Topic Page, ordered by recency.
Jul 17 2020 // A Florida city official pleaded guilty Tuesday to his role in a scheme to bilk the federal government out of $5 million in Hurricane Michael cleanup money, the U.S. attorney’s office announced.Former Lynn Haven...
Jul 17 2020 // When Hurricane Dorian pounded the wisp of earth that is Ocracoke Island, a wall of Atlantic seawater flooded Bob Chestnut’s home, surf shop and four vehicles.Seven months later, his shop was ready for business. But...
Jul 16 2020 // Global reinsurance capital fell 6% to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance Market Outlook report.The report, which also looks at changes in reinsurance demand levels,...
Jul 15 2020 // Arch Capital Group Ltd. has estimated a range of pre-tax catastrophe losses of $205 million to $225 million in the second quarter of 2020 across its property casualty insurance and reinsurance segments.Included in these...
Jul 15 2020 // The insured loss from Tropical Storm Fay will be close to $400 million, according to catastrophe risk modeling firm Karen Clark & Company (KCC).KCC said its estimate includes the privately insured wind and storm surge...
Jul 15 2020 // New findings point to need for home improvements that resist embers, the cause of up to 90 percent of wildfire ignitionsResearchers identified key factors influencing the survivability of structures during a wildfire after...
Jul 14 2020 // W.R. Berkley Corp. cautioned that its 2020 second quarter pretax catastrophe losses will reach $145 million, with more than half of that coming from COVID-19 related costs.Out of that total, $85 million stems from COVID-19...
Jul 14 2020 // Wildfires threaten the economy of the western United States to a greater extent than the rest of the country, and the coronavirus pandemic and climate change will only make that worse, according to research from the San...
Jul 10 2020 // The May 2019 tornadoes that ravaged several parts of Missouri caused significant damage to both residential and commercial properties, and resulted in close to $190 million in insured losses, the state Department of...
Jul 10 2020 // At least one powerful tornado damaged farms, left one person dead and two others injured in western Minnesota as severe storms moved across parts of the Midwest, authorities said.A 30-year-old man was killed near Dalton...
Jul 10 2020 // Quick-moving Tropical Storm Fay strengthened as it moved toward southern New Jersey, where it was expected to make landfall Friday afternoon before sweeping north to New York with a curtain of heavy rain and thrashing...
Jul 10 2020 // A wildfire in eastern Wyoming burned at least one home and closed a highway.The fire on Tuesday burned through rolling plains and trees north of Interstate 25 and south of the North Platte River near Glenrock. The flames...
Jul 9 2020 // Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber risk exposure.The CRA-Zones™ framework defines the minimal elements needed to...
Jul 7 2020 // GENEVA/MOSCOW – Temperatures in Arctic Siberia soared to a record average for June amid a heat wave that is stoking some of the worst wildfires the region has ever known, European Union (EU) data showed on Tuesday.Global...
Jul 6 2020 // The U.S. Forest Service shut down an extensive fire mitigation project after raising concerns about the number of trees being cut down and sold to a logging company in southwestern Colorado.The Durango & Silverton...
Jul 6 2020 // Pacific Gas & Electric has emerged from a contentious bankruptcy saga that began after its long-neglected electrical grid ignited wildfires in California that killed more than 100 people.The nation’s largest...
Jul 6 2020 // In the past 10 years, the U.S. has seen 121 events produce damage in excess of $1 billion. Globally, this escalates with many more events around the world. From major hurricanes and floods, to annual severe weather,...
Jul 6 2020 // Tropical Storm Imelda hit the Texas Gulf Coast on Sept. 17, 2019, as a fairly low-level tropical storm but that doesn’t mean it was an inexpensive one in terms of property damage, especially with regard to...
Jul 1 2020 // A wind-driven wildfire destroyed homes and forced evacuations as it tore through a rural Southern California desert town near the Salton Sea, authorities said.The fire erupted Sunday evening in Niland, a small and poor...
Jul 1 2020 // So far hurricane season has been uneventful unless you consider the giant Saharan dust cloud that traveled across the Atlantic. That just means that now is a great time for a few important hurricane season reminders.Review...