Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
State Ranking In Number of Events
Aug 21 2008 // F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average...
Tornado Threats Loom Large as Flood Waters Recede
Aug 21 2008 // Kansas had 1,616 tornadoes, 11 of them were F4 tornadoes and nine were categorized as F5. … The number of tornadoes reported has gone up over 50 percent. Much has been written in the last six weeks about the 2008...
Obtaining Optimal Catastrophe Coverage
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking...
5 Florida Regions Among Top 10 Tornado-Prone
Aug 21 2008 // The rural area to the northeast of Denver, Colo., tops the nation when it comes to regions most prone to tornados, according to Boston-based CDS Business Mapping LLC, an online hazard mapping firm. The top 10 most tornado...
Japan: Risk and Rewards
Aug 21 2008 // In Japan, agencies write 93 percent of P/C insurance. The Japanese property and casualty insurance market is ripe for opportunities, but there also are significant risks in the country, according to Keiji Fukasawa of...
Obtaining Optimal Catastrophe Coverage
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. In the midst of hurricane season, insurance agents and brokers are reminded of the need for forward-thinking...
Cleaning Up After Hurricane Katrina
Aug 21 2008 // In both Mississippi and Louisiana, the principal argument in support of the alleged ambiguity was that the flood waters during Hurricane Katrina were pushed ashore by wind, a covered peril, and the flood exclusion did not...
Colorado Ranks High on Tornado Charts
Aug 21 2008 // Tornadoes are usually classified using the Fujita Tornado Scale, or FScale developed by Dr. T. Theodore Fujita at the University of Chicago in 1971, CDS said. Using FScale classifications, the study looked at whether there...
Majority of California Wildfires Contained, 100 Homes Destroyed
Aug 21 2008 // The California wildfires, with smoke drifting out to the Pacific Ocean (L), are seen in this NASA satellite image released July 9, 2008. REUTERS/NASA/Handout (UNITED STATES). More than 1,400 fires that burned as part of...
Obtaining Optimal Catastrophe Coverage
Aug 21 2008 // The complexity of the cat insurance market can make it difficult to keep pace with the coverage options. The savvy wholesale broker keeps tabs on which surplus lines insurers have the appropriate capacity for In the midst...
By Charles E. Boyle
Aug 21 2008 // From Novelty to Necessity: Bermuda’s Insurance Market 2008 Bermuda’s insurance industry has grown steadily since it began 50 years ago. It is now a mature market, and, in certain sectors – natural...
Fay Sits on Florida, Brings Heavy Rainfall
Aug 20 2008 // As of 8 a.m. the National Weather Service said Tropical Storm Fay was centered near Cape Canaveral and headed slowly in a northerly direction. A tropical storm warning remains in effect from north of Jupiter Inlet,...
Taiwan Issues Warning for Typhoon Nuri
Aug 20 2008 // Taiwan has issued a warning for ships traveling through its southern waters Tuesday as Typhoon Nuri approached the island. Nuri’s center was located about 466 miles (740 kilometers) southeast of Taiwan’s...
Tropical Storm Fay Reaches Florida, Fails to Reach Hurricane Status
Aug 19 2008 // Tropical Storm Fay remained at tropical storm status when it arrived on Florida’s mainland. As of 8 a.m. EDT (Aug. 19), Fay’s center was north of Immokalee and about 20 miles south of LaBelle and moving toward...
Risk Modeler: Tropical Storm Fay Turned East Sooner than Expected
Aug 19 2008 // According to catastrophe risk modeling firm AIR Worldwide, Tropical Storm Fay took an eastward turn sooner than expected and made landfall at Cape Romano, Florida, on Aug. 19 at around 5 a.m. EDT. “Landfall was along...
Weather Service: No Tornado after Rare New York City Warning
Aug 18 2008 // Government meteorologists say there were plenty of damaging winds, but no twisters in a storm that spawned a rare tornado warning in New York City. The National Weather Service says crews assessed damage Saturday around...
UPDATE: Tropical Storm Fay Remains on Course for Florida
Aug 18 2008 // As of 11:00 a.m. EDT the center of Tropical Storm Fay was about 70 Miles (115 kms) south-southeast of Key West Florida and about 65 miles (103 kms) east-northeast of Havana Cuba. Florida’s governor has declared a...
ReAdvisory Issues Analysis of Fay as she Approaches Florida Mainland
Aug 18 2008 // In a report issued Aug. 17, ReAdvisory, a modeling and risk assessment service of reinsurer Carvill America Inc., said Tropical Storm Fay became the sixth named storm of the 2008 hurricane season early on the evening of...
Tropical Storm Fay Crosses Cuba; Heading for Florida
Aug 17 2008 // Miami’s National Hurricane Center is closely tracking Tropical Storm Fay, as it passes over Cuba. Storm warnings are in effect for most of the island, as well as the Cayman Islands The NHC reported early Sunday...
AIR Updates Catastrophe Risk Modeling Systems
Aug 15 2008 // Boston-based AIR Worldwide Corporation has announced the release of updates to its CATRADER®, CLASIC/2™ and CATStation® catastrophe risk management systems. “The version 10.0 releases include a number...
