Natural catastrophes in 2023 caused global economic losses of US$250 billion, with insurers and reinsurers paying US$95 billion of that amount, according to Munich Re. Last year’s insured losses of US$95 billion are close to the five-year average of US$105 …
On an icy February morning in 2021, slippery roads and limited visibility prompted a chain reaction of crashing cars on Interstate 35W in Fort Worth, eventually leading to a pileup of 133 vehicles that left six people dead. State Rep. …
PERRYTON, Texas (AP) – As Sabrina Devers watched what would turn out to be a deadly storm approach her ranch just north of the Texas Panhandle town Perryton, she first spotted golf ball-sized and then softball-sized hail. Then, Devers said, …
A tornado that menaced New Orleans flipped a schoolbus, ripped off rooftops and deposited a house with a family inside onto the middle of Prosperity Street. Two people were killed as the storm front blew across the South. Other tornadoes …
After two years of heavy storm-related losses, FedNat Insurance is pulling out of the Louisiana and Texas markets and doubling down on its home state of Florida. FedNat announced its decision to exit non-Florida markets during its holding company’s third …
A severe storm generated thunderstorms and reports of tornados across southeastern Texas into Louisiana late morning Wednesday, Oct. 27. The National Weather Service put out severe thunderstorm and tornado warnings for much of the Houston-Galveston region. Most of those warnings …
Springtime storms caused significant damage to buildings in a central Texas city, and forecasters say more stormy weather is expected later in the week for parts of the southern U.S. There were no immediate reports of injuries from Monday night’s …
Severe thunderstorms in North Texas have left at least one person hurt, damaged buildings and flipped small planes at a suburban airport. The Storm Prediction Center says gusts of more than 75 mph (120 kph) were reported Wednesday morning at …
Columbus, Ohio-based super regional insurer, State Auto Financial Corp. (STFC), has reported a second quarter 2016 net loss of $24.6 million, or $0.59 per diluted share, versus net income of $2.7 million, or $0.06 per diluted share, for the second …
Catastrophe modeling firm, AIR Worldwide, reports that over the last several weeks, much of Texas has experienced 400 percent to 600 percent of long-term average rainfall amounts. The storms have subsided for now, but during the recent storm period many …
