All the headlines from our Catastrophe Topic Page, ordered by recency.
May 13 2024 // The risk models that helped drive one of the most lucrative bets of 2023 are increasingly being tested by smaller weather shocks fueled by climate change.Catastrophe bonds and other insurance-linked securities, which...
May 10 2024 // Mexico is fighting 159 active wildfires across the country amid the year’s second heat wave that has also put the nation’s power grid under stress.Mexico’s national weather service issued an alert that at...
May 10 2024 // A judge on Friday forced the Hawaii attorney general’s office to turn over to lawyers involved in the hundreds of lawsuits over last summer’s Maui wildfires all documents, interviews and data collected by the...
May 10 2024 // A report looking at 1.2 million homes in Colorado shows risks in the one of the top states for hail-related insurance claims are made worse by the state of some properties.The Arturo used artificial intelligence models...
May 9 2024 // DETROIT (AP) — Severe storms battered the Midwest on Tuesday, unleashing a curtain of heavy rain, gusty winds and tornadoes throughout the region a day after a deadly twister ripped through a small Oklahoma town and...
May 9 2024 // High winds, hail, heavy rain and tornadoes battered Southern states from Alabama to North Carolina Wednesday and Thursday morning, leaving three people dead and hundreds of properties with heavy damage.USA Today, CNN and...
May 8 2024 // Typhoon activity in the Northwest Pacific region is expected to be about 20% below normal this year, forecaster Tropical Storm Risk said in its first outlook of the season.The London-based group said it expects 15...
May 8 2024 // Had emergency responders known about widespread cellphone outages during the height of last summer’s deadly Maui wildfires, they would have used other methods to warn about the disaster, county officials said in a...
May 8 2024 // Wildfire Defense Insurance Services is offering a $20 million excess and surplus commercial property coverage for E&S risks in wildfire prone areas of California.The coverage is for total insured value up to $20...
May 7 2024 // The number of wildfires per year is going down, but the increasing size and intensity of the fires is creating more property damage than ever before – in fact, the average fire size has tripled over the past 30 years, a...
May 2 2024 // A magnitude 4.1 earthquake shook parts of the Los Angeles Area, including the cities of Corona, Anaheim, and Santa Ana on at 1:49 p.m. local time on the afternoon of Wednesday, the USGS confirmed. The epicenter was in the...
May 2 2024 // WESTMORELAND, Kan. (AP) — One person died Tuesday when a tornado ripped through the small city of Westmoreland in northeastern Kansas, destroying houses, RVs and outbuildings, authorities said.Pottawatomie County...
May 2 2024 // American International Group Inc. (AIG) reported profit above analysts’ estimates in the first quarter as lower-than-expected catastrophe losses contributed to strong underwriting results.Adjusted earnings for the...
May 1 2024 // Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news—their property insurance won’t be renewed because their insurance company has deemed the risk...
May 1 2024 // The tornadoes that ripped through parts of Nebraska, Iowa and Oklahoma late last week damaged some 7,200 homes, leaving a reconstruction tab of $2.1 billion, according to CoreLogic, the data analytics firm.Some 127...
May 1 2024 // Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western US.While...
Apr 30 2024 // SULPHUR, Okla. (AP) — Tornadoes killed four people in Oklahoma, including an infant, and left thousands without power Sunday after a destructive outbreak of severe weather flattened buildings in the heart of one rural...
Apr 30 2024 // A tornado struck the southern Chinese city of Guangzhou on Saturday, killing five people and damaging more than 140 factory buildings, state media said.The China Meteorological Administration said the tornado struck about...
Apr 29 2024 // States across the US Gulf Coast are bracing for possible tornadoes as certain parts of the region face a marginal risk of severe thunderstorms, according to the US Storm Prediction Center.Severe thunderstorm warnings and...
Apr 28 2024 // OMAHA, Neb. (AP) — A tornado plowed through suburban Omaha, Nebraska, on Friday, damaging hundreds of homes and other structures as it tore for miles along farmland and into subdivisions. Some injuries were reported but...