All the headlines from our Catastrophe Topic Page, ordered by recency.
Oct 17 2018 // Hurricane Michael’s devastation could spur policymakers to better prepare vulnerable communities for the effects of climate change.The images of entire towns in Florida’s panhandle all but erased by storm...
Oct 17 2018 // Hurricane Michael failed to break up a patchy and toxic algae bloom that has lingered in the Gulf of Mexico off Florida’s shoreline for the last year, experts said Monday, meaning the red tide outbreak could continue...
Oct 17 2018 // Unlike in South Florida, homes in the state’s Panhandle did not have tighter building codes until just 11 years ago; it was once argued that acres of forests would provide the region with a natural barrier against...
Oct 16 2018 // The S&P 500 has plummeted more than 5 percent since early October. The culprit: slowing earnings growth stemming from rising interest rates and oil prices, according to Goldman Sachs Group Inc.That straightforward...
Oct 16 2018 // Millions of people are expected to drop, cover and hold on at 10:18 a.m. PST on Thursday, which should be a good opportunity for insurance agents to try and sell some policies, according to the head of the California...
Oct 16 2018 // Florida’s insurance regulator has issued an emergency order that ensures “additional protections” to Florida policyholders – including freezing any rate hikes for 90 days – to support recovery efforts...
Oct 15 2018 // California’s largest public utility cut off electric power to about 60,000 customers in an unprecedented move to prevent wildfires such as those that erupted in the state’s wine country last fall, as high winds...
Oct 15 2018 // Power outages caused by Hurricane Michael are likely to linger into early this week for some of the hardest hit communities in southwest Georgia.More than 188,000 homes and businesses still didn’t have power Friday....
Oct 15 2018 // Rapid population growth and the desire to live near forests means new housing in western Montana is being built in wildfire-prone areas, increasing taxpayer-funded fire suppression liabilities and putting lives and...
Oct 15 2018 // Potentially powerful winds combined with dry weather are raising the threat of wildfires in California.State firefighters say they are preparing for potential extreme fire weather early in the week. The National Weather...
Oct 15 2018 // Dozens of people remained missing on Sunday in Florida Panhandle communities reduced to ruins by Hurricane Michael as rescuers said they expected the death toll to rise and survivors grappled with power outages and...
Oct 15 2018 // A weakened Hurricane Leslie slammed into the coast of Portugal, leaving 27 people injured as it uprooted trees, brought down power lines and smashed store windows with gusting winds and heavy rain.Over 60 people were...
Oct 15 2018 // The Philippines’ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes.The...
Oct 15 2018 // Catastrophe modeling firm Karen Clark & Co. (KCC) estimates insured losses from Hurricane Michael will be close to $8 billion, according to the KCC high resolution U.S. Hurricane Reference Model.This estimate includes...
Oct 15 2018 // Losses to the insurance industry from Hurricane Michael, a Category 4 storm that hit the Florida Panhandle before continuing a path of destruction through several other Southeast states, will be substantial but not enough...
Oct 15 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date.Jumpstart Insurance...
Oct 15 2018 // More than 20 state legislators have signed a letter addressed to Texas Insurance Commissioner Kent Sullivan requesting that a 10 percent rate increase filed by the state’s property insurer of last resort for wind and...
Oct 15 2018 // With automotive officials estimating that as many as 40,000 vehicles were damaged by flooding from Hurricane Florence, the Pennsylvania Insurance Department and the Pennsylvania Department of Transportation (PennDOT) are...
Oct 12 2018 // Images compiled by Insurance Journal show the devastation to the Florida Panhandle caused by Hurricane Michael, which hit the region Oct. 10 as a Category 4 storm. Loss estimates range from $3 to $9 billion, according to...
Oct 12 2018 // The Nevada Board of Examiners has recommended approval of an additional $3.8 million to cover the cost of fighting wildfires this past summer.The Nevada Appeal reports state forester Kacey KC told the board Tuesday more...