All the headlines from our Catastrophe Topic Page, ordered by recency.
Jun 26 2024 // A wildfire in an eastern Canadian province moved closer to a huge power plant on Tuesday, forcing the evacuation of workers from a nearby town, officials said.“So (this is) very concerning,” Newfoundland and...
Jun 26 2024 // Washington Insurance Commissioner Mike Kreidler is asking insurers to extend the additional living expenses benefit for wildfire victims who are nearing their 12-month limit on that coverage.Many policies that include...
Jun 25 2024 // Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model.The model uses daily data to predict US hurricane...
Jun 25 2024 // Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely forested terrain in Northern California that has some of the highest wildfire risk in...
Jun 24 2024 // Four small earthquakes occurred in California in the early Monday morning hours, according to the U.S. Geological Survey. A magnitude 3.2 earthquake struck near Cobb at a depth of 1.1 miles, a M2.9 quake hit two miles...
Jun 24 2024 // Containment has grown on a pair of New Mexico wildfires that destroyed thousands of structures and forced the evacuation of more than 8,000 people.The Salt and South Fork fires have burned more than 25,000 acres. The South...
Jun 24 2024 // The head of the Homeland Security Department said Friday that the agency tasked with responding to disasters across the country is prepared as it goes into what is expected to be an intense hurricane and wildfire season...
Jun 24 2024 // There was a time when investing in catastrophe bonds was the preserve of hedge funds and other sophisticated alternative asset managers. But after underpinning the best hedge fund strategy of 2023, the bonds are finding a...
Jun 20 2024 // A pair of wildfires in New Mexico continue to rage uncontained, destroying an estimated 1,400 structures, forcing the evacuation of more than 8,000 people, while rains also flooded parts of the state.The Salt and South...
Jun 20 2024 // Allstate Corp. on Thursday reported May pretax catastrophe losses of about $1.4 billion.The Northbrook, Illinois-based insurer said 14 events contributed to nearly $1.5 billion in catastrophe losses for May, with 70%...
Jun 20 2024 // Tropical Storm Alberto is strengthening as the system neared the Gulf coast of Mexico, and is expected to dump heavy rain across the northeast of the country and into southern Texas.The center of Alberto is expected to...
Jun 19 2024 // A wildfire is raging through a large swath of western Sacramento Valley after igniting on Monday and spreading to 15,656 acres.Evacuations were ordered in rural areas around the Sites Fire in Colusa County, which is...
Jun 19 2024 // A pair of wildfires in New Mexico have spread to more than 20,000 acres, forcing thousands of people to evacuate and leaving one person dead.The South Fork and Salt fires have grown to more than 20,000 acres (16,335 for...
Jun 19 2024 // Tropical storm Alberto has caused flooding and more than three feet of storm surge in parts of coastal south Texas but is not expected to strengthen to hurricane force, meteorologists say.Alberto is the first named storm...
Jun 18 2024 // Residents of a New Mexico town were ordered to flee their homes on Monday due to a fast-moving wildfire.The town of Ruidoso, with roughly 7,000 residents, was ordered to immediately evacuate from the South Fork and Salt...
Jun 18 2024 // Tropical storm watches have been posted along the Texas and Mexican coasts as a low-pressure system gathers strength in Bay of Campeche at the southern end of the Gulf of Mexico and threatens heavy rain across Central...
Jun 18 2024 // New research is warning about an underwater fault that could devastate the West Coast with a major earthquake and tsunami.Seismologists have issued warnings that the Cascadia Subduction Zone, an offshore fault from British...
Jun 17 2024 // Progressive on Friday said severe storms mostly in Texas and the Midwest caused about $722 million in net catastrophe losses to the insurer.In its monthly announcement of financial results on Friday, the Mayfield Village,...
Jun 17 2024 // Strong winds drove a wildfire that forced the evacuation of more than 1,000 visitors to a recreation area and threatened nearby properties over the weekend.Flames burned through dry brush along Interstate 5 north of Los...
Jun 17 2024 // The hurricane season continues to look like it will be a highly active one, as a potent and portentous weather pattern continues to take shape, an AccuWeather meteorologist told Claims Journal on Friday.“It certainly...