All the headlines from our Catastrophe Topic Page, ordered by recency.
Oct 31 2018 // The state Supreme Court is limiting an insurance company’s payout in a massive northwestern Wisconsin wildfire.Logging equipment owned by Ray Duerr Logging LLC sparked the Germann Road Fire in Douglas County in May...
Oct 31 2018 // U.S homeowners insurers saw an increase in both the number of losses and the percentage of those losses that resulted from an extreme weather event during 2017. According to a LexisNexis Home Trends report, loss costs...
Oct 31 2018 // The Willis Research Network (WRN) announced it has renewed its partnership with the Global Earthquake Model (GEM) Foundation.The agreement represents a continued commitment to working collaboratively in order to develop...
Oct 31 2018 // At least 10 people were killed and about 20 are missing in a trail of landslides in the mountainous region of northern Philippines after the devastation caused by Typhoon Yutu, according to government authorities.Rescuers...
Oct 30 2018 // The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single digits, homeowners and commercial property rates...
Oct 30 2018 // Without providing dollar estimates of potential damage from the imagined events, RMS set out to identify events beyond replications of events already seen, including “more unusual events that nonetheless have the...
Oct 30 2018 // Typhoon Yutu slammed into northern Philippines on Tuesday and is traveling a path similar to last month’s super storm Mangkhut that killed at least 82 people and damaged about $500 million of farm output in the...
Oct 30 2018 // Florida authorities have linked six more deaths to Hurricane Michael, raising the state’s death toll to 35.The storm’s overall death toll now stands at 45, with 10 deaths in other states. Florida Emergency...
Oct 29 2018 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has launched a windstorm forecasting platform in Australia and updated its existing service in Europe.The website,...
Oct 29 2018 // Philippine authorities started to move people to safer grounds as Typhoon Yutu approaches, tracking a path similar to last month’s storm that devastated rice-producing provinces in the main island of Luzon.Yutu,...
Oct 29 2018 // A new study says Florida crops suffered $158 million in damages from Hurricane Michael.The report released Friday by the University of Florida Institute of Food and Agricultural Sciences says that almost all of the...
Oct 28 2018 // Super Typhoon Yutu could rip into eastern Luzon in the Philippines on Tuesday, extending the toll of destruction it left in the U.S. Northern Mariana Islands earlier this week.Yutu was about 731 miles (1,176 kilometers)...
Oct 26 2018 // Following years of research, studies and public debate, the U.S. Army Corps of Engineers — in partnership with the state’s General Land Office — has recommended a multi-billion-dollar project that would protect...
Oct 26 2018 // The Hartford reported third quarter 2018 net profit of $427 million compared with $145 million in third quarter 2017. The $282 million increase was due to higher commercial lines, personal lines, group benefits and mutual...
Oct 25 2018 // Low risk, but low readiness.That’s the assessment for Long Beach, Calif., a city that’s close to my heart. For those who love numbers, the city has a risk score of 49.48, and a readiness score of 47.01. Not...
Oct 25 2018 // Residents on Mexico’s Pacific Coast on Wednesday began clearing up the wreckage left by Hurricane Willa, which ripped through towns overnight, tearing off rooftops, downing power lines and splitting trees...
Oct 25 2018 // Super Typhoon Yutu battered the Pacific Ocean’s Northern Mariana Islands with 178 mile (286 kilometers) per hour winds, making it the strongest storm to hit the U.S. territory since 1950.The storm’s eye crossed...
Oct 25 2018 // Mexico’s insurance industry overall remains well-capitalized and can absorb the financial impact generated from Hurricane Willa, according to an A.M. Best briefing.Hurricane Willa made landfall on Oct. 23 on...
Oct 25 2018 // Thousands of Puerto Ricans have been forced to drain their savings, close their businesses, or resign themselves to living with structural damage as they fight insurance companies over millions of dollars’ worth of...
Oct 25 2018 // An annual population survey in the Florida Keys shows how many people left the island chain after Hurricane Irma last year.The Bureau of Economic and Business Research at the University of Florida found that every Keys...