Latest Catastrophe Headlines

All the headlines from our Catastrophe Topic Page, ordered by recency.

Hurricanes Getting Costlier and Wetter, Triple I Report Finds

Jul 20 2023 // U.S. population growth in hurricane-prone states, coupled with the increasingly heavy rainfall which accompany these storms, has generated costlier insurance claim payouts for wind and flood-caused property damage,...

Travelers’ Q2 Profit Plummets on Historic-Level Catastrophe Losses

Jul 20 2023 // Travelers Companies Inc. on Thursday reported a 98% fall in quarterly profit, as severe wind and hailstorms in parts of the United States pushed up its catastrophe losses.Core income of the New York-based company, often...

Containment of Massive Southern California Wildfire Grows

Jul 19 2023 // Fire crews built containment lines and patrolled for hot spots throughout the day on Wednesday to continue to keep a massive Southern California wildfire from growing.Containment on the Rabbit Fire grew to 55% with extreme...

Alaska Volcano Eruption Eases After Massive Ash Cloud

Jul 19 2023 // An ongoing eruption of a remote volcano in Alaska’s Aleutian Islands produced an ash cloud so large this week that warnings were sent to pilots about potentially dangerous conditions.An ash cloud with an initial...

Utility Investors Wary of Exposures After Buffet’s PacifiCorp Held Liable for Wildfires

Jul 19 2023 // Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and equipment blamed for igniting the blazes.But a jury...

Firefighters Make Gains on Southern California Wildfire

Jul 17 2023 // Firefighters gained ground Monday against a large wildfire and three smaller blazes in the torrid interior of Southern California.The Rabbit Fire grew slightly overnight to more than 12 square miles but containment jumped...

Alaska Volcano Spews Ash Cloud High Enough to Draw Weather Service Warning for Pilots

Jul 17 2023 // An erupting volcano in Alaska’s Aleutian Islands sent a towering cloud of ash into the air Friday, prompting the National Weather Service to issue an inflight warning to pilots.The Shishaldin Volcano began erupting...

Canada’s Wildfires Burn Record 25 Million Acres With No End in Sight

Jul 17 2023 // Canadian wildfires have scorched more than 10 million hectares (25 million acres) this summer, an area about the size of Iceland, with no end to the burning expected anytime soon.About 900 active fires were reported as of...

Deadly Storms Across US Northeast Bring Floods, Tornado Alerts

Jul 17 2023 // A cluster of severe thunderstorms pounded the US Northeast including New York City on Sunday, unleashing deadly flooding in Pennsylvania, halting operations at several airports, and prompting tornado watches across New...

Update: Typhoon Talim Makes Landfall in Southern China; Flights and Trains Canceled

Jul 17 2023 // Typhoon Talim became the first typhoon to make landfall in China this year on Monday evening, prompting authorities to issue flood warnings, cancel flights and trains, and order people to stay at home.Talim, the fourth...

US Insurance Market Forecast to Withstand Losses From Large Hurricane This Year: Fitch Report

Jul 17 2023 // With ample capital, Fitch Ratings’ latest annual ‘U.S. Hurricane Season’ report indicates U.S. property and casualty (P/C) and reinsurers can absorb losses if a large hurricane makes landfall this...

Push to Lower Wildfire Risk Across West Stumbles in Places

Jul 17 2023 // Using chainsaws, heavy machinery and controlled burns, the Biden administration is trying to turn the tide on worsening wildfires in the U.S. West through a multi-billion dollar cleanup of forests choked with dead trees...

Tornado Touches Down Near Chicago`s O`Hare Airport

Jul 14 2023 // CHICAGO (AP) – A tornado touched down Wednesday evening near Chicago’s O’Hare International Airport, prompting passengers to take shelter and disrupting hundreds of flights. There were no immediate reports of...

Insurers Sue Energy Corporation Blamed for Helping Start Colorado Wildfire

Jul 12 2023 // Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado`s most destructive wildfire in 2021.The lawsuit was filed Thursday, a few weeks after...

Wisconsin Wildfire Consumes Nearly 1,000 Acres, Forces Evacuations

Jul 12 2023 // MADISON, Wis. (AP) — A wildfire in central Wisconsin has consumed almost 1000 acres (405 hectares) and forced evacuations of scores of properties.State Department of Natural Resources officials said at a news...

Delos to Insurers Shedding Wildfire Risk: Send the Homes to Us

Jul 12 2023 // About 6 million homes in the U.S. are considered uninsurable due to wildfire risk. The models at Delos Insurance say about half of those homes are absolutely insurable.“Delos sees a lot more insurable homes in...

Artificial Weatherman? AI Could Better Predict Hurricanes, Research Paper Says

Jul 10 2023 // Artificial Intelligence may be the key to more accurate and more timely hurricane predictions, China-based researchers have reported in the scientific journal Nature.In two papers in the journal, the researchers, including...

California Utility Pays $22M to Settle Claims in 2016 Wildfire

Jul 10 2023 // Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest, it was announced.The money...

Canada’s Record Wildfire Season Set to Worsen as Heat Builds

Jul 7 2023 // Canada is bracing for higher-than-normal wildfire activity to continue into August, as soaring temperatures and drought turn much of the country’s vast forests into kindling.The Canada fire season, which normally...

CSU: Above Average Atlantic Hurricane Season Now Expected

Jul 7 2023 // Colorado State University (CSU) hurricane researchers have upped their hurricane season forecast. An above average Atlantic hurricane season is now expected for 2023, though there is a greater level of uncertainty than...