All the headlines from our Catastrophe Topic Page, ordered by recency.
Oct 24 2018 // Chubb reported solid profit, increases in net premiums written and a healthy property/casualty combined ratio in its 2018 third quarter.The insurer booked $1.2 billion in net income during Q3 versus a $70 million net loss...
Oct 24 2018 // Georgia Gov. Nathan Deal has called a special session of the state legislature to grapple with the recovery costs from Hurricane Michael.The Atlanta Journal-Constitution reports that the governor’s office expects the...
Oct 24 2018 // Galveston hasn’t done enough to rebuild public housing that was destroyed by Hurricane Ike a decade ago, public housing advocates say.Fewer than half of the island city’s 569 public housing units have been...
Oct 24 2018 // Willa’s fierce winds eased as the storm barreled inland over Mexico early on Wednesday, unleashing heavy rains after leaving power outages and toppled trees on the coast but causing no deaths, officials and...
Oct 24 2018 // Authorities in Florida say Hurricane Michael has killed at least 29 people in the state, bringing the overall death toll to 39.Florida Emergency Management Division spokesman Alberto Moscoso says the state toll stood at 29...
Oct 23 2018 // A survey of Big Island farmers has found that they suffered nearly $28 million in damages because of the months-long eruption earlier this year of the Kilauea volcano, the Hawaii Tribune Herald reported.The survey of 46...
Oct 23 2018 // Hurricane Willa, an extremely dangerous a Category 4 storm, weakened slightly as it veered toward popular tourist resorts on Mexico’s Pacific coast on Monday, prompting government warnings for people to leave...
Oct 23 2018 // The Georgia Department of Insurance has estimated insured property losses from Hurricane Michael will reach $250 million, according to a statement Georgia Insurance Commissioner Ralph Hudgens.In figures released Oct. 18,...
Oct 22 2018 // Trees brought down by Hurricane Michael’s ferocious winds took a heavy toll on life, property and the timber industry in the heavily forested Florida Panhandle, where $1.3 billion in timber was lost, authorities said...
Oct 22 2018 // Early Monday morning, Austin Water issued a boil water notice for all of its customers due to elevated levels of silt from last week’s flooding.The water system is “the most recent infrastructure to struggle to...
Oct 22 2018 // Over the past few decades tornadoes have been shifting — decreasing in Oklahoma, Texas and Kansas but spinning up more in states along the Mississippi River and farther east, a new study shows. Scientists aren’t...
Oct 19 2018 // Everest Re Group Ltd. and Argo Group International Holdings Ltd. announced their preliminary pre-tax catastrophe loss estimates for the third quarter, ended Sept. 30, 2018.Bermuda-based Everest Re’s estimated...
Oct 18 2018 // American International Group said it expects to report third quarter 2018 catastrophe losses of approximately $1.5 to $1.7 billion. These losses are largely from multiple events in Japan, including Typhoons Jebi and Trami,...
Oct 18 2018 // This post is part of a series sponsored by CoreLogic.Ten years ago, CoreLogic® (at the time, EQECAT) introduced the use of global Atmosphere-Ocean-General-Circulation Models (AOGCM) for insurance-oriented assessments of...
Oct 18 2018 // Third quarter profit more than doubled at Travelers Corp. due to higher premiums and investment income and lower catastrophe losses, the insurer reported.Net income came in at $709 million, up from $293 million for the...
Oct 18 2018 // RenaissanceRe Holdings Ltd. announced it currently estimates that the cost of claims from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter...
Oct 18 2018 // Swiss Re AG said it will post relatively “large” losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms.Natural disaster claims,...
Oct 18 2018 // Texas Insurance Commissioner Kent Sullivan has declined to approve the request by the state’s property insurer of last resort for wind and hail along the Texas coast to increase maximum limits of liability for...
Oct 18 2018 // In an effort to keep the Florida assignment of benefits (AOB) crisis from further worsening in the state, Florida’s insurance industry, regulators and consumer advocates are on high alert for AOB activity in the wake...
Oct 17 2018 // You know that Hurricane Michael came through the Florida panhandle as a powerful Category 4 storm. In fact, when it made landfall, it was just 2 mph from being considered a Category 5 storm. It is the most powerful...