All the headlines from our Catastrophe Topic Page, ordered by recency.
Dec 17 2018 // The page has finally turned on the tumultuous 2018 hurricane season, but for the agents who live and work in the Florida Panhandle, the story isn’t over – personally or professionally.“We all still feel...
Dec 17 2018 // A rare fire tornado that raged during this summer’s deadly Carr Fire in Northern California was created by a combination of scorching weather, erratic winds and an ice-topped cloud that towered miles into the...
Dec 14 2018 // A commission convened by Texas Gov. Greg Abbott to focus on rebuilding after Hurricane Harvey issued a report on Dec. 13 saying the state should take a series of steps to prepare for the next big storm, including improving...
Dec 14 2018 // State and federal authorities estimate that it will cost at least $3 billion to clear debris from 19,000 homes and businesses destroyed by three California wildfires last month.The disaster relief officials said the...
Dec 14 2018 // California regulators have decided they need to step in and help determine when power blackouts are appropriate to prevent wildfires after a series of deadly blazes linked to electrical equipment.Utilities PG&E Corp.,...
Dec 14 2018 // An earthquake that struck eastern Tennessee early Wednesday could be felt as far away as Atlanta, the U.S. Geological Survey said.The light earthquake occurred about 4:15 a.m., and was centered about 7 miles (about 10...
Dec 13 2018 // California Insurance Commissioner Dave Jones is asking residential insurers to pay at least 75 percent and up to 100 percent of personal property or contents coverage in the event of a total loss without requiring...
Dec 13 2018 // Allstate this week announced estimated catastrophe losses for the month of November 2018 of $685 million, pre-tax ($541 million, after-tax).Catastrophe losses occurring in November comprised six events at an estimated cost...
Dec 13 2018 // The PURE Group has expanded its excess & surplus (E&S) high net worth offering, PURE Programs, into California.The coverage is tailored to high value, high-risk homes with broader coverage than is typically found...
Dec 12 2018 // The official tally for insured losses from this year’s major California wildfires is $9.05 billion – for now.California Insurance Commissioner Dave Jones on Wednesday released official figures for losses from the...
Dec 12 2018 // AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “aa-” for the members of Los...
Dec 12 2018 // Two mild earthquakes struck western Colorado, the U.S. Geological Survey confirmed.The quakes hit early Tuesday but likely weren’t strong enough to cause any damage. The quakes were both just north of Glenwood...
Dec 12 2018 // Officials say a construction company and a logging firm have collectively agreed to pay $9 million for damages resulting from a 2012 wildfire that burned more than 1,600 acres of national forest land in Northern...
Dec 12 2018 // Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic Circle.Her...
Dec 11 2018 // PG&E Corp. was accused of putting its “reputation above public safety” in a lawsuit alleging that the power company spends too much on advertising and not enough on preventing devastating Northern...
Dec 11 2018 // They have become known as the Angels of Paradise. But there is nothing ethereal about them.They are online sleuths who know how to find people, and they have been putting their skills to use in the aftermath of...
Dec 11 2018 // With Alaska’s history of earthquakes, you might assume most homeowners have earthquake insurance.That’s not the case, the Anchorage Daily News reported. Only about 15 percent of Alaska homeowners buy earthquake...
Dec 10 2018 // This post is part of a series of sponsored by CoreLogic.A magnitude (M) 7.0 earthquake struck north of Anchorage, Alaska, on November 30, 2018. Located along the Ring of Fire which sees 81% of the world’s largest...
Dec 10 2018 // Last week’s magnitude 7.0 earthquake near Anchorage caused multiple problems at the sprawling Joint Base Elmendorf-Richardson, including damage to steel frameworks, ceilings, and sprinkler and heating systems,...
Dec 10 2018 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has withdrawn from the Hong Kong Employees’ Compensation (EC) terrorism pool, effective Dec. 1, 2018.BHSI said it is now the first insurer in Hong...