All the headlines from our Catastrophe Topic Page, ordered by recency.
Sep 13 2022 // Uncertain times are challenging for reinsurers. Claims may jump, and investment losses may dent profitability and possibly capital. However, uncertain times can also be good for reinsurers. Demand for reinsurance...
Sep 12 2022 // Firefighters made progress against a huge Northern California wildfire that was still growing and threatening thousands of mountain homes on Sunday, while crews also battled major blazes that blanketed large swaths of...
Sep 12 2022 // Asia’s largest container shipping hub may face another major storm as Typhoon Muifa bears down on Shanghai and nearby Ningbo.The US Joint Typhoon Warning Center projects the typhoon’s path will hit the ports on...
Sep 9 2022 // A wood products company said that it is investigating whether a fire that killed two people as it swept through a Northern California town was caused by the possible failure of a water-spraying machine used to cool ash at...
Sep 7 2022 // California Insurance Commissioner Ricardo Lara on Wednesday submitted an insurance pricing regulation to the California Office of Administrative Law to recognize and reward wildfire safety and mitigation efforts made by...
Sep 7 2022 // Roughly 200 people were told to evacuate and sheriff’s deputies were trying to track down campers and other recreationists after a wildfire exploded in Idaho’s scenic Sawtooth National Forest over the long...
Sep 7 2022 // China has reopened roads leading to the epicenter of Monday’s 6.8 magnitude earthquake in the southwestern province of Sichuan and traffic has resumed, state media reported on Wednesday, while the death toll has...
Sep 6 2022 // A powerful typhoon tore through South Korea’s southern industrial hubs on Tuesday, leaving at least two people dead, 10 missing and thousands displaced, authorities said.Typhoon Hinnamnor left the Korean peninsula...
Sep 6 2022 // MILL CREEK, WA, September 6, 2022 — Pacific International Underwriters® (PIU) is partnering with American Modern® to offer a standalone earthquake insurance policy in Washington & Oregon.“One of the...
Sep 2 2022 // South Korea is bracing for the strongest storm in the nation’s history with Super Typhoon Hinnamnor forecast to hammer its southern coastal areas next week.The worst of the typhoon is forecast Monday or Tuesday when...
Sep 1 2022 // California wildfires erupted Wednesday in rural areas, racing through bone-dry brush and prompting evacuations as the state sweltered under a heat wave that could last through Labor Day.Gov. Gavin Newsom declared a state...
Aug 31 2022 // The natural catastrophe business of global reinsurers has been reshaped by five years of higher-than-expected losses, which is leading reinsurers to adopt divergent strategies – either diving in to write more business at...
Aug 31 2022 // The Rum Creek Fire in remote southwest Oregon has burned nearly 18.75 square miles is threatening thousands of homes and is only about 1% contained.As of Tuesday morning, the Northwest Interagency Coordination Center said...
Aug 30 2022 // The Atlantic crucible of hurricanes hasn’t had a storm all month and if the calm holds it will stand as the quietest August in 25 years.The expanse of ocean between Africa and the Caribbean Sea has only had two...
Aug 29 2022 // The wide-ranging impact of Hurricane Andrew on the Florida insurance market is a familiar story within the risk management world. However, 30 years on from August 24, 1992, when Andrew made landfall in Dade County,...
Aug 29 2022 // ISLAMABAD (AP) – Deaths from widespread flooding in Pakistan topped 1,000 since mid-June, officials said Sunday, as the country’s climate minister called the deadly monsoon season “a serious climate...
Aug 26 2022 // The Texas Department of Insurance (TDI) announced an emergency rule this week removing barriers for Weston Property & Casualty Insurance Company policyholders to receive wind and hail coverage through the Texas...
Aug 25 2022 // More than four grueling months and $300 million later, the federal government has declared the largest wildfire in New Mexico’s recorded history 100% contained, a notable milestone but just another step in what local...
Aug 25 2022 // State Farm Fire and Casualty Co. and two former claims-adjuster sisters, who more than 16 years ago filed a lawsuit claiming the insurer committed fraud against the government’s National Flood Insurance Program...
Aug 25 2022 // The daughter of a 76-year-old man killed last month when California’s deadliest wildfire so far this year swept through a remote town has sued a public utility, alleging its electrical equipment sparked the blaze.The...