All the headlines from our Catastrophe Topic Page, ordered by recency.
Jun 20 2019 // Insured losses for the hailstorms, which hit the greater Sydney region on Dec. 20, 2018, have risen to A$766 million (US$526.6 million), according to PERILS, in its third loss estimate for the storms.PERILS, the...
Jun 19 2019 // An analysis of AM Best-rated property/casualty insurers based in the Caribbean found that overall net income rebounded significantly following the 2016-2017 hurricanes to $32.2 million in 2018 compared with a $4.3 million...
Jun 18 2019 // The National Weather Service says at least nine tornadoes struck Indiana, damaging a school and other buildings and downing trees. It says three EF2 tornadoes with winds up to 130 mph (210 kph) struck Greene, Monroe and...
Jun 18 2019 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has acquired Toronto-based Catastrophe Indices & Quantification Inc. (CatIQ).Financial details of the deal were...
Jun 17 2019 // Early forecasts for the 2019 U.S. Atlantic hurricane season anticipate the period will be an “average” one. Hurricane season officially runs June 1 through November 30, however, the first named storm of the...
Jun 17 2019 // Of the two types of weather hazards — floods and tornadoes — that beset Oklahoma in May, flooding won out as the most widespread and damaging, according to the Oklahoma Climatological Survey (OCS).Still, at...
Jun 17 2019 // The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing the federal reinsurance backstop, the Terrorism Risk Insurance Program Reauthorization Act...
Jun 17 2019 // Federal and state emergency management teams on June 5 began assessing damage in areas in the 10 Ohio counties impacted by late-May tornadoes.The Ohio Emergency Management Agency (Ohio EMA) joined the Federal Emergency...
Jun 14 2019 // Gov. Greg Abbott has signed four bills into law aimed at bolstering the state’s emergency preparedness and disaster relief programs, including framework that provides more than $1.6 billion for flood control projects...
Jun 14 2019 // Nevada’s attorney general is recommending approval of a $25 million settlement with homeowners and insurance companies who sought more than $300 million in damages from the state after a fire destroyed 24 homes south...
Jun 14 2019 // Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year.The insurer is adding a service to all of its California home and landlord policies, helping customers...
Jun 13 2019 // Average conditions are predicted for the Wyoming wildfire season this year, but officials say they expect the season to be less severe than last year.Wyoming Public Radio reports State Forester Bill Crapser says fire...
Jun 12 2019 // Federal geologists say an earthquake of an estimated magnitude 4.0 hit Monday morning just northeast of Cleveland in Lake Erie, shaking up residents who flooded dispatch centers with calls.There were no immediate reports...
Jun 12 2019 // Florida Chief Financial Officer (CFO) Jimmy Patronis has launched an initiative designed to encourage Floridians to prepare now before a hurricane makes landfall. According to a statement from the Florida Department of...
Jun 11 2019 // Zurich has launched Cat4Home, a new hurricane deductible buy-back program through Vertus Insurance Partners.Cat4Home is a supplemental insurance policy available to residential homeowners in Florida and covers 100% of the...
Jun 11 2019 // The National Weather Service and an outdoor advertising company are teaming up to equip nine digital billboards in central Illinois with the ability to display tornado warnings.Adams Outdoor Advertising says the billboards...
Jun 10 2019 // Governor Ron DeSantis says nearly half a billion dollars from the federal government will help Florida timber growers recover from the impacts of Hurricane Michael.The governor met with U.S. Agriculture Secretary Sonny...
Jun 10 2019 // The U.S. dealt with close to 4,400 reports of tornadoes, hail and straight-line winds in May, the most since 2011, according to weather data cited by Aon’s monthly Global Catastrophe Recap report.According to the...
Jun 7 2019 // Authorities in Louisiana are investigating reports of a possible tornado damage in the Baton Rouge area.The Advocate reports one home was severely damaged by a possible tornado in the community of Central. Baton Rouge...
Jun 6 2019 // Federal workers are in Ohio and have begun assessing the damage left behind by tornadoes that recently swept through 10 counties.Hundreds of homes and businesses were destroyed and many more were damaged during the...