All the headlines from our Catastrophe Topic Page, ordered by recency.
Oct 1 2021 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has announced the launch of a new platform providing real-time industry loss estimates for hailstorm events in...
Sep 29 2021 // Lately, when people say “wildfire,” California is probably the first state that comes to mind.But a new report out should concern people living in a few other Western states that aren’t often mentioned...
Sep 29 2021 // Pacific Gas & Electric was charged Friday with involuntary manslaughter and other crimes after its equipment sparked a Northern California wildfire that killed four people and destroyed hundreds of homes last year,...
Sep 28 2021 // Louisiana extended the emergency rule that allows suspension of insurance related statutes in the 25 parishes affected by Hurricane Ida, the insurance department said.The Louisiana Department of Insurance reported that...
Sep 28 2021 // Royal Dutch Shell Plc tentatively plans the first restart of a production unit at its 230,611 barrel-per-day (bpd) Norco, Louisiana, refinery for mid-October, sources familiar with plant operations said on Monday.A Shell...
Sep 27 2021 // Mexican startup Super, which offers coverage for earthquake property damages, plans to expand into hurricane insurance and possibly raise a fresh funding round next year, according to chief executive officer and founder...
Sep 24 2021 // Thousands of people were under evacuation orders Friday and many others were on notice to be ready to flee as a destructive wildfire raged in a drought-stricken forest in California’s far north.A woman suspected of...
Sep 24 2021 // Two storms that raged across Alberta and Saskatchewan in Canada in July and August caused C$120 million (US$94.5 million) in insured damage, while the August wildfire, in White Rock Lake, British Columbia, is now estimated...
Sep 22 2021 // Karen Clark & Co. (KCC), the Boston-based catastrophe modeling company, announced it has released Version 1.0 of its high-resolution U.S. Wildfire Model.This advanced and fully probabilistic model provides exceedance...
Sep 21 2021 // Royal Dutch Shell, the largest U.S. Gulf of Mexico oil producer, said damage to offshore transfer facilities from Hurricane Ida will cut production into early next year, slashing deliveries of a type of crude oil prized by...
Sep 21 2021 // Brit Ltd., the London-based specialty insurer and reinsurer, announced the creation and successful proof-of-concept launch of a proprietary machine-learning algorithm, designed to accelerate the identification of...
Sep 20 2021 // Hurricane Ida’s thrashing left homes in mangled heaps across southeastern Louisiana, but in an uncomfortable twist, the storm might have been a boon to southwestern parishes still struggling to recover from last...
Sep 20 2021 // Martin Diky said he panicked as a huge wildfire started racing down a slope toward his wooden house near Lake Tahoe.The contractor had enough time to do some quick research and decided to wrap his mountain home with an...
Sep 20 2021 // Modeling firm AIR Worldwide updated its insured loss estimates for Hurricane Ida and now projects that Ida’s insured industry losses will range from $20 billion to $30 billion.The estimate includes inland flood...
Sep 19 2021 // A small earthquake shook the greater Los Angeles metropolitan area Friday night, the U.S. Geological Survey confirmed.There weren’t any immediate reports of major damage or injuries. The magnitude-4.3 quake struck...
Sep 17 2021 // Estimates reflect insured wind, storm surge, and inland flooding impacts in the U.S., including losses to the National Flood Insurance Program and the private flood market.Newark, CA – September 17, 2021 – RMS®, the...
Sep 14 2021 // Tropical Storm Nicholas is expected to produce life-threatening flash flooding to portions of the deep South through early Friday according to the National Hurricane Center.Nicholas was approximately 50 miles east of...
Sep 14 2021 // Nicholas made landfall as a hurricane, packing 75-mph winds, on the coast of Texas on Monday night, and AccuWeather forecasters say the slow-moving storm will unleash life-threatening flooding along the Texas Gulf Coast,...
Sep 14 2021 // A federal judge wants PG&E Corp. to explain why it didn’t turn off power sooner to a utility line suspected of causing the second-largest wildfire in California history.At a hearing Monday, U.S. District Judge...
Sep 14 2021 // On Aug. 25, the fourth anniversary of Hurricane Harvey, which dumped about 50 inches of rain on Houston, Mayor Sylvester Turner announced that the city “is safer today as it prepares to move forward.”Now comes...