All the headlines from our Catastrophe Topic Page, ordered by recency.
Jan 18 2022 // The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending “catastrophic” aviation crisis in less than 36 hours, when AT&T and Verizon are set to deploy new 5G...
Jan 14 2022 // Canada’s total insured catastrophe losses were C$2.04 billion (US$1.63 billion) to date, landing the year in the top five loss years for the country, according to Catastrophe Indices and Quantification Inc....
Jan 13 2022 // President Joe Biden has approved Missouri’s request for a federal disaster declaration after deadly tornadoes and strong winds hit the state last month.The designation allows seven southern Missouri counties to...
Jan 12 2022 // California Gov. Gavin Newsom proposed a $286.4 billion budget that sets off months of budget talks with his fellow Democrats, who control the state Legislature, before the new fiscal year begins July 1.Newsom focused much...
Jan 12 2022 // AM Best expects demand surge and rising inflationary pressures on building costs to add to overall loss estimates in the recent wildfires in Colorado.In a commentary AM Best notes that early industry estimates place losses...
Jan 11 2022 // A Louisiana administrative hearings panel has ruled that Insurance Commissioner Jim Donelon was justified in preventing State Farm from enforcing a hurricane deductible for certain losses caused by Hurricane Barry in July...
Jan 11 2022 // Rex and Barba Hickman’s home of 23 years near the foothills of the Rocky Mountains has been reduced to a blackened heap by the most destructive wildfire in Colorado history.Before the Dec. 30 blaze, which ripped...
Jan 11 2022 // Kentucky lawmakers, back in session, are planning to take up tornado-recovery legislation this week, with the goal of quickly distributing an initial round of assistance, House Speaker David Osborne said.The newly...
Jan 11 2022 // At least two tornadoes touched down in the Houston area over the weekend as storms brought high winds and heavy rains, damaging homes and businesses and causing flooding.Most of the damage from the storms that came through...
Jan 10 2022 // The U.S Department of Housing and Urban Development has halted the distribution of $1.95 billion that was approved for flood mitigation projects in Texas following Hurricane Harvey.A news release from HUD said the Texas...
Jan 10 2022 // Last week’s Colorado wildfire caused at least $513 million in damage and destroyed nearly 1,100 homes and structures, officials as they updated the toll of property lost in the most destructive wildfire in state...
Jan 7 2022 // After more earthquakes have struck near South Carolina’s capital city, the ninth and tenth in a series of rumblings, geologists are asking how long the convulsions might last, or if they could possibly portend more...
Jan 6 2022 // The Colorado wildfire that destroyed nearly 1,000 homes in late December will result in roughly $1 billion in losses, according to a report from catastrophe modeler Karen Clark & Co.On Dec. 30, a devastating...
Jan 5 2022 // Premium finance companies are permitted to extend due dates for premiums and other charges in the wake of tornadoes that ripped through the state in December, the Kentucky insurance commissioner announced.Finance companies...
Jan 4 2022 // Investigators looking for the cause of the Colorado wildfire that destroyed nearly 1,000 homes have narrowed their search to a sparsely populated neighborhood near Boulder where a passer-by captured video of a burning shed...
Jan 4 2022 // Search teams looked for two missing people in the smoldering debris from a massive Colorado wildfire while people who escaped the flames sorted through the charred remnants of their homes to find what was...
Jan 4 2022 // Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind Hurricane Katrina and the 9/11 attacks, insurance broker Howden said on Tuesday.However, initial...
Jan 3 2022 // The winter grassland fire that blew up along Colorado’s Front Range was rare, experts say, but similar events will be more common in the coming years as climate change warms the planet – sucking the moisture out of...
Dec 30 2021 // A federal judge has found that Skanksa USA, part of one of the largest construction companies in the world, failed to secure its barges before a 2020 Florida hurricane hit. The ruling opens the door to hundreds of lawsuits...
Dec 30 2021 // Six more minor earthquakes were reported in South Carolina this week, potentially raising new demand for earthquake insurance.The U.S. Geological Survey said that Wednesday’s 2.3 magnitude earthquake hit around 4:12...