Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Kansas Tornado Relief Efforts Turn Toward Housing
Apr 26 2012 // With debris cleanup now in its second week, immediate relief efforts for Kansas tornado victims have been scaled back as disaster help moves into the next stage. The Small Business Administration is taking applications for...
Alabama Governor Tours Towns Still Recovering from Last April’s Tornadoes
Apr 26 2012 // Gov. Robert Bentley returned to the central Alabama town of Eclectic a year after a deadly tornado hit it and found people relying on themselves and the generosity of others to rebuild. The Eclectic visit came on the...
Fewer Storms Forecast for 2012 Hurricane Season
Apr 26 2012 // The 2012 Atlantic hurricane season is projected to be less active than in recent years with 11 tropical storms, six of which will intensify into hurricanes, U.S. private forecaster Weather Services International said on...
Fewer Storms Forecast for 2012 Atlantic Hurricane Season
Apr 25 2012 // Fewer Storms Forecast for 2012 Atlantic Hurricane Season The 2012 Atlantic hurricane season is projected to be less active than in recent years with 11 tropical storms, six of which will intensify into hurricanes, U.S....
Apache Corp. Donates $350K for New Woodward, Oklahoma Sirens
Apr 25 2012 // Woodward, Okla., will soon have a new tornado warning system. Apache Corp, an oil and gas exploration and production company, and the City of Woodward announced a $350,000 donation from the company to replace the...
Civil Unrest Leads Aon to Downgrade 37 Countries on Political Risk Map
Apr 25 2012 // Aon Risk Solutions, the global risk management business of Aon plc, has just issued its latest political risk map, which gauges the level of risk for international business in more than 200 countries. Aon said “37...
Reinsurers Resilient Despite Catastrophes, Economic Uncertainty, Says A.M. Best
Apr 24 2012 // In a special report A.M. Best summed up the financial position of the global reinsurance industry as “resilient” in light of “the volatile economic conditions and the frequent and severe loss events of...
Tornado Cost Wichita, Kansas Area $146.3M
Apr 23 2012 // Sedgwick County, Kansas, officials say the tornado that hit Oaklawn and southeast Wichita on April 14 caused an estimated $146.3 million in damage. County officials say the tornado damaged or destroyed 776 homes and 86...
Hurricane Recovery Money Redirected to Superdome Upgrades
Apr 23 2012 // The Jindal administration has gotten permission to redirect federal hurricane recovery money from housing aid programs to Superdome upgrades. Federal approval was discussed on April 19 in the Senate Finance Committee and...
Willis Global Energy Market Review Highlights 2011 Losses, Fracking Concerns
Apr 20 2012 // Willis Energy, a unit of Willis Group Holdings, released its “Energy Market Review” at conference held at its London headquarters last Tuesday. The review focused on industry losses, current capacity and the...
One Week Brought Most of Alabama’s $3.2 Billion Insured Losses in 2011
Apr 20 2012 // Almost $3 billion of the $3.2 billion Alabama insurers paid out to their auto, home and business policyholders in 2011 for catastrophe losses can be traced directly to the tornadoes, hail and thunderstorms that swept...
Travelers Has $806M Q1 Income; Business Insurance Renewal Price Up 8%
Apr 19 2012 // The Travelers Companies Inc. reported $806 million in net profit for the 2012 first quarter. The first-quarter profit was down 4 percent when compared to one year ago, but the result during the year-ago period was boosted...
AIR Offers Supply Chain Risk Service
Apr 18 2012 // AIR Worldwide (AIR) has expanded its suite of Catastrophe Risk Engineering (CRE) products to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain networks. AIR’s new...
Earthquake Hazard in Washington To Be Studied
Apr 18 2012 // The federal government is going to take another look at the potential earthquake hazard at Hanford in Washington. The seismic assessment will update the Department of Energy’s last comprehensive analysis in 1996. The...
Tornado Damage in Wichita, Kansas, Interrupts Aircraft Industry
Apr 18 2012 // Tornado damage in Kansas’ aircraft manufacturing hub could have a ripple effect on the industry, analysts have warned, even as airplane makers Boeing and Hawker Beechcraft and nearby parts maker Spirit AeroSystems...
Deadly Oklahoma Tornado Traveled about 31 Miles
Apr 18 2012 // A tornado that killed six people in northwestern Oklahoma traveled about 31 miles and had winds of 136 to 165 mph at its peak. The National Weather Service on April 16 assigned a preliminary EF-3 Enhanced Fujita scale...
Forecasters Assign EF-1 Rating to Arkansas Tornado
Apr 18 2012 // The National Weather Service in Little Rock has given a tornado that caused damage in central Arkansas a preliminary rating of EF-1. Meteorologists surveyed an area of Van Buren County on April 16 and found a 2.3-mile...
AIR Expands Cat Risk Engineering Program for Supply Chain Risk Quantification
Apr 18 2012 // AIR Worldwide announced that it has “expanded its suite of Catastrophe Risk Engineering (CRE) solutions to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain...
Private U.S. P/C Insurers’ Income Fell to $19.1B in 2011: ISO, PCI
Apr 17 2012 // A new analysis shows that while the private U.S. property/casualty insurers suffered deteriorating results in 2011, they still ended the year with a strong and improved fourth-quarter. Private U.S. P/C insurers’ net...
6th Death Due to Oklahoma Tornado Is Confirmed
Apr 17 2012 // Woodward County (Oklahoma) Emergency Management Director Matt Lehenbauer says a sixth person has died as a result of injuries suffered in a deadly tornado. Lehenbauer say the man died on the night of April 15 in an...
