All the headlines from our Natural Disasters Topic Page, ordered by recency.
Feb 12 2025 // Utility company Hawaiian Electric on Tuesday welcomed the Hawaii Supreme Court’s decision towards finalizing the more than $4 billion settlement related to the 2023 Maui wildfires saying it was favorable to the...
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires.The FAIR Plan reported it has...
Feb 11 2025 // Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires.The Travelers Companies Inc. announced Tuesday it will lose an estimated $1.7 billion from last month’s...
Feb 11 2025 // Hawaii’s Supreme Court heard arguments last week over insurance issues that are tying up a potential $4 billion settlement over Maui’s catastrophic 2023 wildfire, the deadliest in the U.S. in more than a...
Feb 10 2025 // WARTBURG, Tenn. (AP) — Two tornadoes moved through eastern Tennessee, leaving a mother and daughter dead and injuring three other people, officials said Friday.A mother and daughter from the same household were killed...
Feb 7 2025 // Meteorologists are warning of an elevated risk of dangerous debris flows and destructive mudslides in Southern California next week in areas scorched by destructive Los Angeles wildfires.AccuWeather meteorologists expect...
Feb 7 2025 // Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses.“I chose an old home in an old neighborhood because it has...
Feb 6 2025 // Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best.Those problems include a major insurer pullback from California in the past year, followed...
Feb 5 2025 // Allstate Corp. fourth quarter net income applicable to common shareholders increased 30% to about $1.9 billion, and the insurer finished 2024 with net income of $4.6 billion compared to a loss of $316 million the prior...
Feb 5 2025 // The insurance industry admittedly may not be as glamorous as high-tech, investment banking, advertising, or Hollywood. After all, consider that the most influential publication on what’s happening in property &...
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties.The company, which is...
Feb 5 2025 // Aon plc said it has launched a new parametric insurance solution designed to address and mitigate commercial losses from hurricane-related storm surge along the coast of the U.S.Developed with parametric flood insurance...
Feb 5 2025 // RALEIGH, N.C. (AP) — North Carolina Gov. Josh Stein asked state legislators Monday to roughly double their spending so far on recovery from Hurricane Helene, warning that waiting will cause more business closings,...
Feb 5 2025 // Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion, according to a new report, potentially making the blazes the second-costliest natural disaster in U.S....
Feb 4 2025 // Weeks after wildfires that killed at least 29 people and destroyed entire neighborhoods, Southern California is facing another extreme-weather threat: Too much rain.After drenching the northern part of the state, a massive...
Feb 4 2025 // North Carolina officials charged with leading recovery efforts in western North Carolina after Hurricane Helene — as well as parts of eastern North Carolina still struggling from previous hurricanes — told state...
Feb 3 2025 // State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners.The carrier, the state’s top homeowners...
Feb 3 2025 // Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said.Now, as crews clean charred remains from the Los Angeles wildfires, she worries about a...
Feb 3 2025 // RenaissanceRe expects to incur about $750 million in losses from the January 2025 California wildfires—and anticipates that industrywide impacts should halt the drop in property-catastrophe reinsurance prices observed at...