All the headlines from our Catastrophe Topic Page, ordered by recency.
Oct 20 2022 // Agriculture losses in Florida from Hurricane Ian’s high winds and drenching rains could reach $1.56 billion, with citrus, cattle, vegetable and melon operations among the hardest hit, the University of Florida...
Oct 20 2022 // The damage from this summer’s catastrophic flooding in Pakistan is now estimated at $40 billion, as much as 25% higher than projections a month ago in another blow to the cash-strapped country.The new estimate was...
Oct 19 2022 // Arch Capital Group Ltd., the Bermuda-based re/insurer, reports that its 2022 third quarter results will be negatively affected by claims from global catastrophe events such as Hurricane Ian, U.S. convective storms, Typhoon...
Oct 19 2022 // Hurricane Fiona is estimated to have caused C$660 million (US$436.8 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted initial estimates from Catastrophe Indices and Quantification...
Oct 18 2022 // Swiss Re forecast on Tuesday a third-quarter net loss of around $500 million after the reinsurance company absorbed preliminary claims from Hurricane Ian of approximately $1.3 billion.“While the 2022 target of 10%...
Oct 17 2022 // A magnitude 5.0 earthquake was the strongest of a series of temblors that struck Friday on Hawaii’s Mauna Loa, the largest active volcano on the planet that scientists say is in a “state of heightened...
Oct 17 2022 // Four years before Category 4 Ian wiped out parts of southwest Florida, the state’s Panhandle had its own encounter with an even stronger hurricane, Michael. The Category 5 storm all but destroyed one town, fractured...
Oct 17 2022 // The aftermath of the tornado that struck Smith Island is still visible two months after it carved a destructive path through the sparsely populated Chesapeake Bay archipelago.The EF1 tornado began as a waterspout that...
Oct 17 2022 // A Florida senator is calling for action from the Transportation Department and automakers after a series of electric vehicle fires tied to Hurricane Ian.The storm caused flooding and destruction across the state, and fire...
Oct 17 2022 // While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm could significantly erode...
Oct 13 2022 // A week before Missouri’s annual statewide earthquake drill, more than 329,000 people are already registered to participate in the Great Central U. S. “ShakeOut” on October 20. A total of nearly 2 million...
Oct 12 2022 // European reinsurers will miss their earnings targets in 2022 – for the sixth year in a row – which is pressuring the industry to raise rates and continue improving the quality of their portfolios, according to a...
Oct 12 2022 // According to Stonybrook Capital, the damage from Hurricane Ian will result in the largest-ever insured loss event in nominal dollars.The advisory and investment banking firm focused on the insurance industry said the...
Oct 11 2022 // As Hurricane Ian bore down on Florida, normally reliable computer forecast models couldn’t agree on where the killer storm would land. But government meteorologists are now figuring out what went wrong – and...
Oct 11 2022 // Mauna Loa, the largest active volcano on the planet, is in a “state of heightened unrest,” but is not erupting and there are no signs of an imminent eruption, the Hawaiian Volcano Observatory said in an...
Oct 10 2022 // The Insurance Industry Charitable Foundation (IICF) has launched the IICF Hurricane Ian Relief Fund to support those in need in the wake of Hurricane Ian.Funds will benefit Team Rubicon, a nonprofit providing emergency...
Oct 10 2022 // A 4.4 magnitude earthquake struck northwest Oregon, the U.S. Geological Survey confirmed. No damage was reported but KOIN reports that people from Albany to the Portland metro area reported feeling the temblor on...
Oct 10 2022 // The California Geological Survey has released updated tsunami hazard maps for seven counties to help users determine whether they are in areas at risk for inundation and for planning.The revised interactive maps released...
Oct 10 2022 // MEXICO CITY (AP) – Hurricane Julia hit Nicaragua’s central Caribbean coast on Sunday after lashing Colombia’s San Andres island, and a weakened storm was expected to emerge over the Pacific.Julia hit as a...
Oct 10 2022 // Property data and analytics provider CoreLogic included new and updated projections of storm surge and flood losses for Hurricane Ian for a final tally of between $41 billion and $70 billion in insured and uninsured flood...