All the headlines from our Catastrophe Topic Page, ordered by recency.
Jul 1 2024 // Hurricane Beryl, described by forecasters as “extremely dangerous,” is set to cause massive damage across the Caribbean’s Windward Islands on Monday.Beryl’s winds roared across the region at 120...
Jul 1 2024 // Short but severe flooding that followed hurricanes Harvey and Irma in 2017 triggered a nationwide increase in flood insurance take-up driven by a county’s social network proximity to flooded areas, says a new...
Jun 28 2024 // A cluster of thunderstorms is threatening to become the Atlantic’s next tropical storm or hurricane — if it can survive a cloud of dust from the Sahara.The storms southwest of the Cape Verde islands have a 70%...
Jun 28 2024 // The Governing Board of the California Earthquake Authority (CEA) named Tom Welsh CEO.Welsh was the chief legal and compliance officer. He has served as the interim CEO since January. He joined the CEA in 2019 as general...
Jun 27 2024 // A wildfire near La Pine, Oregon that has prompted evacuation orders grew to 3,889 acres on Thursday morning.The Darlene 3 Fire, which started Tuesday, is now 30% contained. Winds and warm temperatures on Tuesday resulted...
Jun 27 2024 // More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according to property data firm CoreLogic.“Multiple, active wildfires in south-central New Mexico...
Jun 26 2024 // Residents of a California area near the town of Paradise, the site of the state’s most destructive wildfire in history, were ordered to evacuate and roads were closed this week as a wildfire spread.The Apache Fire in...
Jun 26 2024 // A wildfire in an eastern Canadian province moved closer to a huge power plant on Tuesday, forcing the evacuation of workers from a nearby town, officials said.“So (this is) very concerning,” Newfoundland and...
Jun 26 2024 // Washington Insurance Commissioner Mike Kreidler is asking insurers to extend the additional living expenses benefit for wildfire victims who are nearing their 12-month limit on that coverage.Many policies that include...
Jun 25 2024 // Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model.The model uses daily data to predict US hurricane...
Jun 25 2024 // Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely forested terrain in Northern California that has some of the highest wildfire risk in...
Jun 24 2024 // Four small earthquakes occurred in California in the early Monday morning hours, according to the U.S. Geological Survey. A magnitude 3.2 earthquake struck near Cobb at a depth of 1.1 miles, a M2.9 quake hit two miles...
Jun 24 2024 // Containment has grown on a pair of New Mexico wildfires that destroyed thousands of structures and forced the evacuation of more than 8,000 people.The Salt and South Fork fires have burned more than 25,000 acres. The South...
Jun 24 2024 // The head of the Homeland Security Department said Friday that the agency tasked with responding to disasters across the country is prepared as it goes into what is expected to be an intense hurricane and wildfire season...
Jun 24 2024 // There was a time when investing in catastrophe bonds was the preserve of hedge funds and other sophisticated alternative asset managers. But after underpinning the best hedge fund strategy of 2023, the bonds are finding a...
Jun 20 2024 // A pair of wildfires in New Mexico continue to rage uncontained, destroying an estimated 1,400 structures, forcing the evacuation of more than 8,000 people, while rains also flooded parts of the state.The Salt and South...
Jun 20 2024 // Allstate Corp. on Thursday reported May pretax catastrophe losses of about $1.4 billion.The Northbrook, Illinois-based insurer said 14 events contributed to nearly $1.5 billion in catastrophe losses for May, with 70%...
Jun 20 2024 // Tropical Storm Alberto is strengthening as the system neared the Gulf coast of Mexico, and is expected to dump heavy rain across the northeast of the country and into southern Texas.The center of Alberto is expected to...
Jun 19 2024 // A wildfire is raging through a large swath of western Sacramento Valley after igniting on Monday and spreading to 15,656 acres.Evacuations were ordered in rural areas around the Sites Fire in Colusa County, which is...
Jun 19 2024 // A pair of wildfires in New Mexico have spread to more than 20,000 acres, forcing thousands of people to evacuate and leaving one person dead.The South Fork and Salt fires have grown to more than 20,000 acres (16,335 for...