All the headlines from our Catastrophe Topic Page, ordered by recency.
Sep 26 2019 // The Texas Windstorm Insurance Association is alerting agents about an important, upcoming change to the policy conditions that determine how covered losses are settled.Current law says the type of loss settlement —...
Sep 25 2019 // The Texas Windstorm Insurance Association (TWIA) reports that working to implement new laws that change how TWIA does business and serves policyholders.The association recently issued the following update on a few...
Sep 25 2019 // Pacific Gas & Electric cut power to 48,200 customers in seven counties in California’s Sierra Foothills and North Bay overnight because of high fire danger.The majority of those affected by the power outage,...
Sep 25 2019 // Bermudians secured homes and businesses on Tuesday as they prepared for the arrival of Tropical Storm Jerry just a few days after Hurricane Humberto battered the archipelago and briefly knocked out power for most...
Sep 25 2019 // Frenchman’s Reef, the largest resort on St. Thomas, was smashed by Hurricane Irma, which breached roofs, caved in walls and felled trees across the oceanfront property. Two years later, the hotel remains closed as...
Sep 25 2019 // The arrest of an airline mechanic suspected of being sympathetic with terrorists and charged with sabotaging a jetliner has renewed fear about the “insider threat” to aviation security.Despite security upgrades...
Sep 25 2019 // Tanika Outlaw was working as the food and beverage manager at the Doubletree Hotel in New Bern last September when Hurricane Florence began shoving feet of water into the city’s downtown area.Ultimately, the storm...
Sep 24 2019 // California utilities are warning that they may shut off electricity to thousands of customers across the state as hot, dry and windy weather raises the risk of another catastrophic wildfire sparked by a power line.PG&E...
Sep 24 2019 // Property/casualty insurer Travelers is now providing its insurance agents and brokers with before-and-after photos of areas affected by disasters.The Travelers Catastrophe Map Viewer provides access to searchable,...
Sep 24 2019 // The nation’s most expensive wildfire this year is one that has been burning for months on Alaska’s Kenai Peninsula.The Swan Lake Fire has so far cost about $46 million to fight, according to the National...
Sep 24 2019 // It’s time to rethink the limits of parametric insurance.The concept behind parametric insurance is not new. Insurance payouts automatically triggered by an event exceeding an index level have existed for decades....
Sep 23 2019 // PG&E Corp. and a group of insurers urged a judge to reject a competing reorganization plan for the bankrupt utility because the proposal would pay fire victims who lost their homes ahead of insurance companies and...
Sep 23 2019 // Hundreds of domestic flights in Japan were canceled because of Typhoon Tapah, and the storm caused similar disruptions in South Korea as it moved to make landfall later Sunday.Airlines operating in Japan called off more...
Sep 23 2019 // Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she has six days a week for the last seven years. But she delivers less mail these days as California’s...
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...
Sep 20 2019 // Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite winds that reached around 100 miles per hour (161 kph) snapping power poles and lifting...
Sep 19 2019 // Landowners in South Dakota have received over $700,000 in a lawsuit accusing a federal agency of burning their properties in an April 2013 prescribed fire that blazed out of control, destroying more than 10,000 acres.The...
Sep 19 2019 // Hurricane Humberto knocked out power lines in Bermuda on Wednesday night, plunging nearly the whole Atlantic archipelago into darkness, as the storm whipped the British territory with powerful winds and heavy rain.Even as...
Sep 18 2019 // Bermuda residents boarded up windows of homes and businesses on Wednesday as Hurricane Humberto became a major storm on route the Atlantic archipelago, although forecasts showed they could be spared a direct hit.Hurricane...
Sep 18 2019 // Tropical Storm Imelda has lost some of its wind power, but continues to pour rain down on the U.S. Gulf Coast, with 12 to 15 inches already recorded and flood-prone Houston in its path.Imelda is now a tropical depression,...