All the headlines from our Catastrophe Topic Page, ordered by recency.
Aug 24 2022 // U.S. and Bermuda reinsurers reported strong operating performance for the first six months of 2022, supported by continued pricing increases in most reinsurance and specialty lines of business as well as tighter terms and...
Aug 24 2022 // Several cities in southern China raised their cyclone warning signals on Wednesday, bracing for Tropical Storm Ma-on, which is expected to make landfall along the coast of Guangdong province on Thursday.At 12:40 p.m. (0440...
Aug 22 2022 // A Berkshire Hathaway Inc. unit was sued for allegedly causing California’s largest wildfire of the year, which killed four people and destroyed almost 200 structures near the Oregon border.The complaint against...
Aug 22 2022 // MILL CREEK, WA, August 22, 2022 — Pacific International Underwriters® (PIU) is partnering with American Modern® to offer a standalone earthquake insurance policy in Washington & Oregon.“One of the advantages...
Aug 19 2022 // Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies if they reach a catastrophic threshold, according to a Lloyd’s market bulletin issued this week.However,...
Aug 19 2022 // Florida’s primary energy provider is ready to launch a powerful new technology, just ahead of the busiest weeks of the Atlantic hurricane season: a new fixed-wing drone designed fly into tropical storm force winds...
Aug 19 2022 // Insured losses for the European windstorm series, which affected the British Isles and continental Europe in February 2022, are estimated at €3.739 billion (US$3.8 billion), according to PERILS, the independent...
Aug 17 2022 // With a few weeks to go until the North Atlantic Basin enters its most active period, now is a good time to recap recent activity, review updated seasonal forecasts, and look ahead to what may be in store for the remainder...
Aug 16 2022 // A Florida company with a former House speaker as a top executive allegedly charged local government millions of dollars for Hurricane Michael cleanup that it never performed, according to an FBI affidavit that was released...
Aug 15 2022 // California Insurance Commissioner Ricardo Lara has ordered insurers to preserve residential insurance coverage for 8,500 affected homes following Gov. Gavin Newsom’s emergency declaration as wildfires in Siskiyou...
Aug 15 2022 // The odds of La Niña hanging around for a few more months are climbing, bolstering chances of more storms as the Atlantic hurricane season reaches its peak.There’s an 80% chance the waters across the equatorial...
Aug 15 2022 // This post is part of a series sponsored by IAT Insurance Group.Solar installations have increased by 33% annually over the last decade. This can be attributed to federal policies such as the Solar Investment Tax Credit....
Aug 12 2022 // European nations sent firefighting teams to help France tackle a “monster” wildfire on Thursday, while forest blazes also raged in Spain and Portugal and the head of the European Space Agency urged immediate...
Aug 11 2022 // There’s a new option to escape a tsunami for people on the southwest coast of Washington.The Shoalwater Bay Indian Tribe dedicated a 50-foot tall evacuation tower in Tokeland, Washington, the Northwest News Network...
Aug 11 2022 // Wildfires tore through the Gironde region of southwestern France on Wednesday, destroying homes and forcing the evacuation of 10,000 residents, some of whom had clambered onto rooftops as the flames got...
Aug 10 2022 // California’s largest wildfire so far this year has so far burned more than 60,000 acres, but it is now 60% contained.The McKinney Fire broke out on July 29 in an unpopulated area in Klamath National Forest. The fire...
Aug 9 2022 // Two more New Mexico counties were added to a federal disaster declaration issued in response to the state’s historic wildfire season.State officials said that Los Alamos and Sandoval counties will now be eligible for...
Aug 9 2022 // PROCTOR, Vt. (AP) — Weeks after surviving one of the deadliest and most destructive wildfires in California history, the Holden family just wanted a new home.The family of seven couldn’t find anything nearby to...
Aug 8 2022 // The United States on Monday imposed sanctions on virtual currency mixer Tornado Cash, accusing it of helping hackers, including from North Korea, to launder proceeds from their cyber crimes.A senior Treasury Department...
Aug 8 2022 // A new map in Oregon that rated the wildfire risk of every tax lot in the state – labeling nearly 80,000 structures as high-risk – generated so much pushback from angry homeowners that officials abruptly retracted it,...