All the headlines from our Catastrophe Topic Page, ordered by recency.
Apr 3 2023 // WYNNE, Ark. (AP) – With tornadoes hitting the Midwest and the South this weekend, some survivors said they emerged from their homes to find buildings ripped apart, vehicles tossed around like toys, shattered glass...
Apr 3 2023 // Florida Gov. Ron DeSantis raised some questions when he suggested that Citizens Property Insurance Corp., the state-created insurer, has “not been solvent” and may be unable to pay all claims from a major...
Mar 30 2023 // Tremor Technologies Inc., the Boston-based reinsurance pricing and placing platform, has launched a catastrophe bond issuance platform called Tremor Issuer™.Tremor Issuer is part of the suite of Tremor services that can...
Mar 30 2023 // The Philippines is readying an insurance plan that will protect the Southeast Asian nation from infrastructure losses caused by natural disasters, seeking to better respond to climate change risks.The government will put...
Mar 29 2023 // America will probably get more killer tornado- and hail-spawning supercells as the world warms, according to a new study that also warns the lethal storms will edge eastward to strike more frequently in the more populous...
Mar 29 2023 // Colombia and Peru are considering returning to a World Bank program that issues bonds to cover claims on natural disasters after the plan faced a nearly two-year lull.The countries are among those looking to take advantage...
Mar 29 2023 // For the third time in the last 18 months, tornadoes or a hurricane have wiped out or have heavily damaged well-established insurance agencies in the Southeast.And all three of those agencies have rebuilt their businesses...
Mar 29 2023 // Kemper Independence Insurance Co. has issued more than $1.5 million in refunds to thousands of California homeowners after the California Department of Insurance found the carrier overcharged policyholders for wildfire...
Mar 27 2023 // Bonds designed to insure Credit Suisse Group AG against disaster could outlive the bank.Credit Suisse’s Operational Re bonds, insurance-linked securities that cover the bank against perils such as falling victim to...
Mar 27 2023 // A powerful tornado tore through the Mississippi Delta on Friday night, killing at least 25 people, injuring dozens and causing widespread property damage. The weather system produced hail the size of golf balls and left...
Mar 23 2023 // MADRID (AP) – Spain has officially entered a period of long-term drought, owing to high temperatures and low rainfall over the past three years, and likely faces another year of heatwaves and forest fires.The...
Mar 22 2023 // Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according to Swiss Re’s latest sigma report.Claims from Hurricane Ian in Florida, record...
Mar 22 2023 // Coalition Inc., a cyber-insurance provider that tries to curb digital risk, has designed technology that simulates large-scale attacks to help insurers identify potential weaknesses in their portfolios and prevent...
Mar 20 2023 // Chile has agreed to an earthquake insurance program with the World Bank protecting it from $630 million worth of damage from strong earthquakes, in an effort to shore up risks to public debt from possible natural...
Mar 20 2023 // Florida Gov. Ron DeSantis raised some questions Friday when he suggested that Citizens Property Insurance Corp., the state-created insurer, has “not been solvent” and may be unable to pay all claims from a...
Mar 15 2023 // This post is part of a series sponsored by CoreLogic.Over the past five years, wildfires have been particularly devastating across California, leading insurers, homeowners, and regulators to reconsider how they manage and...
Mar 13 2023 // Aon plc, a leading global professional services firm, updated its Impact Forecasting Europe Windstorm and Severe Convective Storm (SCS) catastrophe models to incorporate emissions scenarios that inform current and future...
Mar 10 2023 // A swarm of earthquakes occurring over the past few weeks has intensified at a remote Alaska volcano dormant for over a century, a possible indication of an impending eruption.The Alaska Volcano Observatory raised the alert...
Mar 10 2023 // Mehmet Alkan, a shoe-sole manufacturer in Turkey’s earthquake-hit south, doesn’t know what will become of his company after some of his 220 employees died and half fled, reflecting the difficult transformation...
Mar 8 2023 // The Louisiana Supreme Court suspended indefinitely the law license of the attorney who manages McClenny Moseley & Associates’ office in New Orleans — the latest setback for a law firm that paid nearly $14...