All the headlines from our Catastrophe Topic Page, ordered by recency.
Oct 1 2018 // Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts.As the storm turned out to...
Oct 1 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state.SCDOI Director Ray Farmer issued an emergency regulation Sept....
Oct 1 2018 // Costs to fight wildfires in Utah are increasing by about $1 million a day right now and authorities expect the season to last throughout October.State Forester Brian Cottam says on average, there are roughly 1,100 fire...
Sep 30 2018 // The death toll from a 7.5 magnitude earthquake and tsunami that hit Indonesia’s island of Sulawesi climbed to more than 800, with casualties expected to reach into the thousands as authorities try to reach those...
Sep 30 2018 // Typhoon Trami is bringing Tokyo to a halt.East Japan Railway Co. suspended all train service in the Japanese capital on Sunday in preparation for the storm, which is hammering the southwest of the country. Flights were...
Sep 27 2018 // Officials say more than 70 buildings have been damaged or destroyed during a storm that spawned at least 10 tornadoes in Virginia from the remnants of Hurricane Florence.The Richmond Times-Dispatch reports Chesterfield...
Sep 27 2018 // Aon has collaborated with Pembroke Managing Agency at Lloyd’s to develop Public Protection Policy (PPP), which helps businesses provide financial support to individuals affected by a terrorist attack on a...
Sep 26 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this very personal post. Thanks,...
Sep 26 2018 // Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between US$1 billion and US$2 billion, according to catastrophe risk modeling firm AIR Worldwide.After making landfall in the...
Sep 25 2018 // Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts.As the storm turned out to...
Sep 24 2018 // Major flooding remains in eastern North Carolina more than a week after Hurricane Florence made landfall.Gov. Roy Cooper said Saturday that nine of the state’s river gauges are at major flood stage and four others...
Sep 24 2018 // Several tornadoes struck southern Minnesota as severe storms packing powerful winds and heavy rain left a trail of destruction overnight, the National Weather Service said Friday.The extreme weather late Thursday damaged...
Sep 24 2018 // Costs to fight wildfires in Utah are increasing by about $1 million a day right now and authorities expect the season to last throughout October.State Forester Brian Cottam says on average, there are roughly 1,100 fire...
Sep 21 2018 // Five bills that their proponents say will protect wildfire survivors were signed by California Gov. Jerry Brown on Friday.The bills are aimed at addressing critical issues facing wildfire survivors including...
Sep 21 2018 // Homeowners who lose their houses to wildfire will be able to use their insurance to rebuild somewhere else under an urgency bill signed by California Gov. Jerry Brown on Friday.Assembly Bill 1800, authored by by...
Sep 21 2018 // Officials in central Iowa have designated about 60 structures as unsafe following a July tornado that damaged about 2,000 buildings.The Times-Republican reports that the properties in Marshalltown now have small red...
Sep 21 2018 // The National Weather Service has confirmed that the remnants of Hurricane Florence spawned a total of six tornadoes in Virginia earlier this week. Five of the tornadoes on Monday were spread across the Richmond metro area....
Sep 21 2018 // The Allstate Corporation said estimated catastrophe losses for the month of August were $186 million, pre-tax ($147 million after-tax). Catastrophe losses occurring in August comprised 16 events at an estimated cost of...
Sep 21 2018 // Lloyd’s reported a return to profits during the first half, in a welcome recovery after its big losses of 2017. Pre-tax profits during the half were £600 million ($793.1 million), compared to £1.2 billion ($1.6...
Sep 20 2018 // A Maryland man is accused of stealing hurricane victim’s identities as part what the Secret Service describes as an $8 million effort to scam a Federal Emergency Management Agency program.News outlets reported...