All the headlines from our Catastrophe Topic Page, ordered by recency.
Sep 10 2019 // The hit CBS Corp. comedy “Young Sheldon” about a child genius, wasn’t so smart when it came to a mock tornado warning, according to the Federal Communications Commission.Even modified, the tornado warning...
Sep 10 2019 // California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history: Raise debt, offer equity and cap the wildfire liabilities that led to its collapse...
Sep 10 2019 // Insured losses in the Caribbean from Hurricane Dorian is estimated at $3.5 billion to $6.5 billion, according to RMS, the risk modeling and analytics firm.This estimate represents insured losses associated with wind and...
Sep 10 2019 // A typhoon blew across the Tokyo metropolitan area Monday morning, killing one person and causing dozens of injuries, while disrupting rush-hour travel and knocking out power.Several railway and subway operators suspended...
Sep 10 2019 // Residents and the insurance industry in Southeast states are feeling relieved after Hurricane Dorian grazed the U.S. coastline last week just days after it caused catastrophic damage in the Bahamas.While the storm was at...
Sep 9 2019 // As the cyber insurance market has continued its rapid growth, its loss vulnerabilities have become increasingly clear.A new report from Guy Carpenter and CyberCube Analytics has identified potential loss scenarios in the...
Sep 9 2019 // Aon plc has launched Automated Event Response (AER), designed to enable insurers to view real-time portfolio risks from two of the costliest perils: U.S. hurricane and European windstorm.Insurers, which aim to indemnify...
Sep 9 2019 // Burns & Wilcox has formed an exclusive partnership with Wildfire Defense Systems, Inc. (WDS) to provide WDS’ full suite of wildfire prevention and mitigation services to homeowners, with no minimum property value...
Sep 6 2019 // As Hurricane Dorian finally begins to move away from the North Carolina coast, North Carolina Insurance Commissioner Mike Causey says the North Carolina Department of Insurance is ready to assist with any insurance related...
Sep 6 2019 // Sep 6, 2019, 7:48 AM— Hurricane Dorian is churning over the Outer Banks of North Carolina, battering the shore with driving rain and wind as it continues its march north and begins moving away from the U.S. coast.The...
Sep 6 2019 // Richard Johnson said his six-year-old brother Adrian was just too small to withstand Hurricane Dorian. The boy was blown into churning storm surge and is among thousands of people missing, many of them children, after the...
Sep 5 2019 // Hurricane Dorian inflicted an estimated $7 billion in total insured and uninsured losses on the Bahamas, according to catastrophe risk modeling firm Karen Clark & Company (KCC).This includes building, contents, and...
Sep 5 2019 // Sep 5, 2019, 9:58 AM – Hurricane Dorian will strafe the North Carolina coast by Thursday night, and could make landfall in the state with 115 mile-per-hour winds and an 8-foot storm surge.Located about 70 miles (113...
Sep 5 2019 // Some of the first financial relief the Bahamas receives in the aftermath of Hurricane Dorian may be a rapid insurance payout from a novel program just 12 years old.CCRIF, once short for the Caribbean Catastrophe Risk...
Sep 5 2019 // The wrath of Hurricane Dorian isn’t over yet and many more communities in its path are at risk and are bracing for the storm after it demolished the Bahamas earlier this week.The extremely slow-moving hurricane is...
Sep 4 2019 // FREEPORT, Bahamas (AP) — Practically parking over the Bahamas for a day and a half, Hurricane Dorian pounded away at the islands Tuesday in a watery onslaught that devastated thousands of homes, trapped people in attics...
Sep 4 2019 // Sep 5, 2019, 6:26 AM— Hurricane Dorian — once again a Category 3 storm — is bearing down upon the Carolinas after sweeping past Florida and Georgia and battering the Bahamas, where it killed at least 20...
Sep 4 2019 // With Florida orange groves seemingly escaping major damage from Hurricane Dorian, concern now turns to soy, corn and cotton fields as well as livestock in Georgia and the Carolinas as the hurricane churns northward.North...
Sep 4 2019 // It’s become a hurricane-season ritual in the Southeast: When a storm threatens, coastal residents board up homes, load up SUVs and fill highways where the traffic lanes are reversed to offer a speedy escape...
Sep 4 2019 // Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates higher in January, ratings agencies said.After falling for several years due to...