All the headlines from our Catastrophe Topic Page, ordered by recency.
Apr 17 2020 // This post is part of a series sponsored by CoreLogic.California’s 2017 and 2018 catastrophic wildfire events hit state insurers historically hard, with record-breaking losses of over $25 billion.1 2 Three years...
Apr 16 2020 // The Northern California victims of catastrophic wildfires caused by Pacific Gas & Electric’s decaying electrical grid will have at least $19 million siphoned way from a $13.5 billion fund for their losses to...
Apr 16 2020 // AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the weeks ahead.The company said its Verisk COVID-19 Projection Tool, designed with AIR’s...
Apr 16 2020 // South Carolina continued to clean up Tuesday from the state’s deadliest tornado outbreak in 36 years.Nine people were killed as a series of twisters moved from one end of the state to the other Monday morning....
Apr 15 2020 // Storms that killed more than 30 people in the Southeast, piling fresh misery atop a pandemic, spread across the eastern United States on Monday, leaving more than 1 million homes and businesses without power amid floods...
Apr 14 2020 // Though tornadoes were reported in Arkansas, Lousiana and Texas over the Easter weekend, in the South Central region, northern Louisiana bore the brunt of the storm system that swept across the South on Sunday.The weather...
Apr 14 2020 // California has evacuation plans for earthquakes, floods, mudslides and, of course, wildfires, but what if one of those disasters occurs as the state is dealing with the coronavirus outbreak when everyone is being urged to...
Apr 14 2020 // In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like buying property insurance when your house is on fire, according to Tracey Gibbons, senior vice...
Apr 13 2020 // There are 11 confirmed deaths, multiple injuries and damage in 18 counties in Mississippi due to severe weather that hit the state April 12, according to an initial damage report from Mississippi Emergency Management...
Apr 13 2020 // The Texas Department of Insurance has moved the effective date of approved rate changes for the state’s FAIR Plan from May 1, 2020, to Aug. 1, 2020.TDI said the date change was due to the impact of the coronavirus...
Apr 13 2020 // An earthquake with a preliminary magnitude of 5.2 rattled the remote California-Nevada state line but no damage or injuries were reported. The quake just struck after 7:36 a.m. Saturday and was centered near Bodie, a...
Apr 9 2020 // A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to preserve a...
Apr 8 2020 // Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation’s largest utility will be...
Apr 8 2020 // Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which could make some weather...
Apr 7 2020 // Texas’ property insurer of last resort for wind and hail in counties along the state’s coastline is temporarily reducing the amount of premium due in order to issue a policy and providing 75 days to pay the...
Apr 6 2020 // Firefighters kept working on Saturday to slow the spread of western North Carolina wildfires that have spread due to high winds, the U.S. Forest Service said.A fire that began on private property Friday in Haywood County...
Apr 6 2020 // The former chief financial officer for a Northern California city destroyed in a 2018 wildfire caused by Pacific Gas & Electric equipment is trying to upend the utility’s plan for getting out of bankruptcy...
Apr 6 2020 // The day after a magnitude 6.5 earthquake rattled Idaho, authorities near the epicenter say there have been no reports of significant damage or injuries.An earthquake struck north of Boise on Tuesday evening, with people...
Apr 6 2020 // An earthquake with a preliminary magnitude of 4.9 rattled much of inland Southern California on Friday evening but no damage or injuries were reported, the U.S. Geological Survey confirmed.The quake struck just after 6:53...
Apr 6 2020 // The 2020 Atlantic hurricane season could see a greater than average number of major hurricanes because of warmer seas and favorable weather patterns, forecasters from Colorado State University’s Tropical Meteorology...