All the headlines from our Catastrophe Topic Page, ordered by recency.
Apr 22 2019 // Hurricane Michael, which devastated a swath of the Florida Panhandle last fall, has been upgraded to a Category 5 storm, only the fourth to make recorded landfall in the United States and the first since 1992.The...
Apr 21 2019 // Insurer Travelers Companies Inc.’s quarterly profit beat analysts’ estimates on Thursday, as improved underwriting and lower catastrophe losses offset a decline in net investment income, sending its shares to a...
Apr 18 2019 // The operator of the tsunami-wrecked Fukushima nuclear plant began removing fuel Monday [April 15] from a cooling pool at one of three reactors that melted down in the 2011 disaster, a milestone in what will be a...
Apr 17 2019 // La Jolla, Calif.-based Palomar Holdings Inc. this week announced the pricing of its initial public offering of its common stock at a price of $15 per share and in its first day of trading on Wednesday it had at one point...
Apr 17 2019 // More than a year and a half after Hurricane Harvey slammed into Texas, killing dozens, the state is still waiting on billions in federal recovery dollars. In the meantime, Texas lawmakers are looking to prepare the state...
Apr 17 2019 // Early assessments show Saturday’s tornado outbreak damaged more than 250 homes, businesses and public buildings across Mississippi.The National Weather Service has counted at least 10 tornadoes in Mississippi on...
Apr 16 2019 // Georgia’s governor and other state leaders are blasting Congress over its failure to approve a package of disaster relief measures.The $14 billion aid package is desperately needed by farmers and others who suffered...
Apr 15 2019 // The California Earthquake Authority’s governing board has voted to sponsor and support the Resilient Homes Initiative, a bill aimed at helping Californians prepare for earthquakes by restructuring the CEA to...
Apr 15 2019 // With an increasing number of forest fires scorching portions of Washington each year, the Legislature is considering a proposal to create a fund dedicated to preventing and battling wildfires.In March, Commissioner of...
Apr 15 2019 // A magnitude 5.3 earthquake hit the west side of the Big Island of Hawaii on Saturday, the U.S. Geological Survey confirmed.The quake hit about 5 p.m. and had an epicenter about 15 miles southwest of Kailua-Kona, a city of...
Apr 15 2019 // The Federal Emergency Management Agency wrongly released to a contractor the personal information of 2.3 million survivors of devastating 2017 hurricanes and wildfires, potentially exposing the victims to identity fraud...
Apr 14 2019 // California Gov. Gavin Newsom gave legislators just three months to address a multibillion-dollar wildfire liability problem that has forced the state’s largest power company, PG&E Corp., into bankruptcy and...
Apr 12 2019 // Applying lessons learned after Hurricane Harvey, the Texas Department of Insurance has upgraded its procedures for collecting and reporting data following a disaster.TDI recently released its new catastrophe data...
Apr 12 2019 // The insurance industry must wake up to the growing cost of “secondary” catastrophe perils, which amounted to more than 60 percent of the $76 billion price tag for insured natural catastrophe losses during 2018,...
Apr 12 2019 // Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it.Don’t feel too...
Apr 11 2019 // An earthquake that struck Tuesday in a rural area near the Idaho-Montana border was felt as far away as Helena and was followed by multiple aftershocks, but no damage was immediately reported.The main quake struck just...
Apr 10 2019 // Europe faces an increasingly complex security environment, as Islamist and far-right terrorism creates new vulnerabilities for businesses and communities, according to new research from the broker Aon.In 2019, the risk...
Apr 10 2019 // Damage from flooding in March 2019 is estimated at US$8 billion from events across the globe, according to Aon’s “Global Catastrophe Recap – March 2019.”“The major catastrophe events of March...
Apr 9 2019 // Lobbyists for the property/casualty insurance industry are trying to prevent a $125 million jump in the state of Washington’s insurance premium tax that would fund wildfire prevention and suppression.The tax would...
Apr 9 2019 // Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The catch: Even a...