tornadoes News

Asia Floods Bring Economic Damages of More Than $10B in July: Aon Report

The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing more than $10 billion in economic damages, according to a report published by Impact Forecasting, Aon Benfield’s catastrophe model development …

June Catastrophes Cost Global Economy $5 Billion; U.S. Storms Dominate: Aon

Floods and storms cost the global economy more than $5 billion in June, with most of those losses generated in the United States, according to an Aon catastrophe report. In the U.S., large hail, tornadoes, straight-line winds and isolated flash …

Two Twisters in New Jersey Leave Mess, No Injuries Reported

Two tornadoes touched down in a New Jersey community as severe thunderstorms roared through the state, weather forecasters said. The first tornado hit Howell Township around 7:20 a.m. Saturday, while the second touched down about six minutes later, the National …

U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report

Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public and private insurers face a combined payout approaching an estimated US$3.0 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model …

Tornadoes Leave at Least 2 Dead as Storms Pummel Central U.S.

Storms whipped through a wide swath of the nation’s midsection, giving rise to tornadoes that flattened a Wisconsin mobile home park and an Oklahoma subdivision and killing at least two people and injuring dozens of others. The storms hit Wisconsin …

Bermuda Re/Insurers Hit by Ogden Rate Change, Higher Nat Cats: S&P

A big change in the Ogden rate in the UK and higher natural catastrophe losses are dampening a wide range of Bermuda-based insurer and reinsurer results in the 2017 first quarter, Standard & Poor’s said in a new report. “Unfavorable …

Global Temps Could Hit 1.5°C Target in 9 Years: Research

Believe it or not, the planet could be much warmer in the next few years, according to new research. The research, published this week in Geophysical Research Letters, indicates that Earth could be 2.7 degrees Fahrenheit (1.5 C) warmer than …

U.S. Weather Remains Biggest Driver of Global Insurance Losses in 2017: Aon

Severe weather in the U.S. remains the largest contributor to global insurance losses in 2017 after April continued the trend with multi-billion dollar losses for public and private insurers, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. “Much …

Museum in Indiana Exhibit Explains Why Natural Disasters Occur

Natural disasters can strike at any time, often without warning, and devastate cities, regions, states and countries. Nature Unleashed, a new exhibit at the Indiana State Museum, aims to help Hoosiers understand why tornadoes, earthquakes, hurricanes, tsunamis and volcanic eruptions …

U.S. Weather in March to Cost Insurers More than $2 Billion: Aon

Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of the country, costing the insurance industry in excess of US$2.0 billion, according to a report published by Impact Forecasting, Aon …