All the headlines from our Catastrophe Topic Page, ordered by recency.
Aug 6 2018 // Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s most common natural disaster, said Katy Sivyer, underwriter for North America and the Caribbean...
Aug 3 2018 // Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Re™, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and...
Aug 3 2018 // People on the plains of northeastern Colorado were cleaning up this week from a powerful storm that spawned at least three tornadoes, ripped off roofs and flipped trucks and small airplanes.No serious injuries were...
Aug 3 2018 // The Atlantic hurricane season may have gotten off to an early start this year, but it’ll probably end with a whimper — at least when it comes to the total number of storms.Twelve named storms are likely to form...
Aug 2 2018 // California’s Carr wildfire has the potential to yield losses of up to $1.5 billion, according to a Moody’s report issued on Thursday.The fire has ravaged parts of Shasta County in or near Redding in the...
Aug 1 2018 // California Insurance Commissioner Dave Jones announced on Wednesday he is taking actions he says will help protect thousands of wildfire survivors.His first action is a notice requesting insurers to expedite claims...
Aug 1 2018 // After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of active natural catastrophes?S&P Global Ratings indicates that while reinsurers are entering...
Aug 1 2018 // The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for the National Flood Insurance Program (NFIP) that for the first time is directly backed by capital markets investors.FEMA has entered...
Jul 31 2018 // More than 2,000 homeowners will get free money to retrofit their homes to help them better withstand earthquakes, according to the top official at the California Earthquake Authority.The homeowners were on a waiting list...
Jul 31 2018 // Emergency officials say a possible tornado has left a trail of damage on the Georgia coast.No injuries were reported after a funnel cloud was spotted Friday afternoon on Whitemarsh Island, east of Savannah. The Chatham...
Jul 31 2018 // Trees and power lines are knocked over and small planes are flipped upside down after a severe storm, which including tornado sightings and hail, moved across the plains of northeastern Colorado.A team from the National...
Jul 31 2018 // A pair of wildfires tearing through vineyards and brushy hills threatened some 10,000 homes in Northern California on Tuesday.The two fires straddling Mendocino and Lake counties had burned seven homes by Monday night...
Jul 31 2018 // Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re Ltd. on behalf of Frontline Insurance. The transaction is Frontline’s debut catastrophe...
Jul 30 2018 // Thousands of dazed evacuees struggled to keep their emotions in check while trying to take care of themselves and their pets as a deadly wildfire in Northern California raged into its fourth day.Anna Noland, 49, was...
Jul 30 2018 // A strong and shallow earthquake early Sunday killed at least 14 people and injured more than 160 on Indonesia’s Lombok island, a popular tourist destination next to Bali, officials said.The quake damaged more than...
Jul 30 2018 // A tropical storm in Japan disrupted transportation and knocked out power to thousands of homes in its path as it headed west toward a region still recovering from devastating rains earlier this month.At least 16 people...
Jul 27 2018 // Texas insurance regulators have responded to insurer requests for revisions to its standards for catastrophe data calls and is seeking input on the proposed changes.The Texas Department of Insurance said following...
Jul 27 2018 // At least one person died in a wildfire that swept through Northern California, destroying buildings and forcing hundreds of residents to evacuate late Thursday.The blaze, which killed a bulldozer operator working on fire...
Jul 27 2018 // The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses.Overall net income was $582 million in second quarter...
Jul 27 2018 // Typhoon Jongdari is set to make landfall on Japan’s mainland this weekend, bringing heavy rain and strong winds to much of a country hit in recent weeks by a deadly heatwave and historic flooding.The typhoon was...