Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
N. D. Crews to Provide Hurricane Aid
Sep 2 2008 // Some North Dakotans are heading to the Gulf Coast, to provide help in areas hit by Hurricane Gustav. Randy Fischer with Ringdahl EMS says ambulances and emergency response personnel from Jamestown and Lisbon are part of a...
Goodbye Gustav…Hello Hanna, Ike and Josephine
Sep 2 2008 // The good news is that Hurricane Gustav has been downgraded to a Tropical Depression as it moves slowly across northwest Louisiana. The bad news is that Tropical Storms Hanna, Ike and Josephine are gaining speed, according...
Analyst Sees Gustav Insured Loss Coming In Below Early Estimates
Sep 2 2008 // Hurricane Gustav could trigger insurance claims of up to $10 billion, according to early computer-modeled estimates of damage from the storm, but at least one analyst thinks the final tab could be lower. Gustav, which made...
Hanna Becomes Hurricane Then Stalls; Heads for Georgia, South Carolina
Sep 2 2008 // According to catastrophe risk modeling firm AIR Worldwide, storm development in the tropical Atlantic was even more active on Tuesday than it was on Monday. Shortly after Gustav came ashore in Louisiana on Monday, Hanna...
Gustav Insurance Losses Significant but ‘Manageable,’ Less than Katrina’s
Sep 2 2008 // Hurricane Gustav, which came ashore southwest of New Orleans on Monday morning, is expected to trigger significant insurance claims but far less than record-setting Katrina did three years ago. “This is a...
As Gustav Winds Down, New Orleans Eyes Damage
Sep 2 2008 // A still-largely deserted New Orleans Tuesday prepared to take stock of damage from Hurricane Gustav after rebuilt levees appeared to hold off a repeat of the flooding caused by Katrina three years earlier. Gustav roared...
Gustav Impact Limited But Losses from Moderate Catastrophes Add Up
Sep 2 2008 // Gustav may not wallop the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the continued pile-up of catastrophe losses. Standard &...
U.S. Chemical Makers Report Minimal Hurricane Gustav Damage
Sep 2 2008 // Major chemical makers in the U.S. said Tuesday that initial inspections indicate only slight damage to those facilities that were affected by Hurricane Gustav, but companies are still uncertain about when production is...
Estimate of Insured Losses from Gustav Between $2 and $4.5 Billion
Sep 2 2008 // One risk modeling firm estimates that insured losses to onshore properties in the U.S. are between $2 billion and $4.5 billion, with an expected loss of $3 billion due to Hurricane Gustav. According to AIR Worldwide...
Fire Crews Respond to Wildfire South of Lake Tahoe
Sep 2 2008 // Fire crews are battling a fast-moving wildfire that broke out Sunday afternoon south of Lake Tahoe and that has forced the evacuation of campgrounds, resorts and homes in the area. Fire information officer Mark Struble...
Hanna and Her Siblings Roil the Atlantic
Sep 2 2008 // Although Gustav is slowly blowing itself out over Oklahoma, Miami’s National Hurricane Center still has a lot of work to do. Its currently tracking a hurricane, a tropical storm, a tropical depression and two...
Cat Bonds Buck Credit Crunch Says S&P Report
Sep 2 2008 // Standard & Poor’s Ratings Services has released findings, which show that ‘natural catastrophe bonds (‘nat cats’) have proven generally resilient during the capital market’s turbulence...
Earthquake Expert Warns of Economic Damage
Sep 1 2008 // From cracked oil and natural gas pipelines to contaminated public water supplies, the nation’s economy could be the biggest casualty of the next major Midwest earthquake, an earthquake expert warned. Geologic...
Tropical Storm Fay’s Four Landfalls in Florida Sets Record
Sep 1 2008 // Tropical Storm Fay made a record four landfalls on the northern Gulf Coast last month, drenching and damaging communities, crops, homes and businesses across the Florida peninsula. Gov. Charlie Crist received a major...
Hurricanes and Tropical Storms: 2 Down, How Many More to Go?
Sep 1 2008 // With hurricane season halfway over for 2008, Louisiana has so far dodged the bullet but Texas has taken on two warning shots with Hurricane Dolly and Tropical Storm Edouard. As such storms go, neither packed a lot of...
Hope for the Best, Prepare for the Worst
Sep 1 2008 // During the 2008 hurricane season, Texas has so far been hit by Hurricane Dolly and Tropical Storm Edouard. The Louisiana coastline, however, has been spared. That state even dodged massive flooding from Tropical Storm Fay...
Montana Fire Suppression Efforts Expected to Grow
Sep 1 2008 // Residential development is adding to the costs of fighting wildfires in Montana, with a recent study showing that most years federal, state, tribal and county governments spend millions of dollars suppressing wildfires and...
Fireman’s Fund Introduces Wildfire Readiness Program
Aug 29 2008 // Now in the critical months of wildfire season, Novato, Calif.-based Fireman’s Fund is introducing a, comprehensive, prevention-focused program for homeowners. The Wildfire Readiness Program was developed in...
RMS, AIR Tracking Gustav
Aug 29 2008 // “Gustav looks set to make landfall early next week as it continues to intensify along its path. Forecasts suggest that it will strike on the US Gulf coast on Tuesday morning, potentially as a category 2 or 3...
New Orleans Remembers 3rd Anniversary of Hurricane Katrina
Aug 29 2008 // According to the office of the mayor, the city of New Orleans has revised its schedule of events commemorating the third anniversary of Hurricane Katrina today, Friday, Aug.29 due to the threat and ongoing preparation for...
