Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Louisiana Mayor: 300-400 Buildings Condemned From Hurricane Laura Damage
Oct 22 2021 // A Louisiana mayor says 300 to 400 commercial buildings damaged last year by Hurricane Laura are being condemned or marked for demolition. Lake Charles Mayor Nic Hunter told the City Council on Wednesday that he realizes...
Mosaic Offers $600M of Capacity for War, Terrorism and Political Violence Risks
Oct 22 2021 // Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The increased capacity allows the company to serve clients via domestic U.S. or Bermuda...
Two Tornados Confirmed in Western Pennsylvania
Oct 20 2021 // A pair of tornados have been confirmed in western Pennsylvania over the weekend, forecasters said. The National Weather Service says an EF-0 tornado with estimated winds up to 85 mph touched down in the town of...
Great Shakeout Highlights Dwindling Missouri Earthquake Insurance Market
Oct 20 2021 // Millions of Americans will participate in the Great Shakeout on Oct. 21, a day designated to earthquake education and awareness. Annually held on the third Thursday of October, the Great Shakeout encourages schools and...
Southern California Wildfire Almost Fully Contained, Residents Go Home
Oct 19 2021 // Residents who fled the Alisal Fire west of Santa Barbara have been allowed to return home. All evacuation orders and warnings were canceled Sunday afternoon. The fire was 87% contained Monday morning and its size was...
Higher Investment Returns Help Offset Catastrophe, Auto Losses for Travelers in Q3
Oct 19 2021 // Third quarter profit fell 20% at The Travelers Companies due to higher catastrophe and auto losses but the insurer also reported a 15% boost in investment returns. Net income of $662 million for the third quarter compared...
Louisiana Implements Mediation Program for Hurricane Ida Claims
Oct 18 2021 // Louisiana has established a voluntary mediation program for the purpose of resolving property/casualty insurance claim disputes related to damage caused by Hurricane Ida, which struck Southeast Louisiana as a category 4...
Guy Carpenter Launches European Wildfire Risk Score as Exposure Management Tool
Oct 18 2021 // Guy Carpenter & Co., the reinsurance business of Marsh McLennan has announced the launch of a Wildfire Risk Score designed to help clients manage their exposure to the evolving risk of wildfire across Europe. The...
North Dakota Hit with Tornados, Record Rainfall, Blanket of Snow
Oct 15 2021 // North Dakota residents experienced a range of weather this week, with rare October tornadoes in the southeastern part of the state, an early season snowstorm in the west and record rainfall in Bismarck. Preliminary reports...
As Louisiana Port Rebuilds After Hurricane Ida, Loss of Wetlands Seen as Threat
Oct 15 2021 // On Louisiana’s south coast, in a key port servicing the U.S. offshore oil industry, a huge shipyard sits idle and in tatters. Where parts of the nine-bay terminal’s roof once hung, only a tangle of twisted...
Wildfire Destroys School in Small Eastern Washington Town
Oct 15 2021 // A fire has destroyed a school in an eastern Washington town. Lincoln County Sheriff Wade Magers said the fire at Almira Elementary and Middle School started around 4:30 p.m. Tuesday. Classes and after school activities had...
California Highway Reopens, Wildfire Still Threatens Homes
Oct 15 2021 // A key Southern California highway closed for days because of a wildfire was reopened Thursday evening but authorities warned that flames still posed a threat to remote properties in a coastal mountain range. The Alisal...
Everest Re, AXIS Capital Estimate Costs of Q3 Natural Catastrophe Losses
Oct 15 2021 // Everest Re Group Ltd. and AXIS Capital announced their preliminary third quarter 2021 catastrophe losses. In advance of its full quarterly earnings to be released on Oct. 27, 2021, Everest is estimating total Q3 pre-tax...
Likely Tornadoes Cause No Major Damage in Oklahoma City
Oct 14 2021 // Two likely tornadoes touched down in the Oklahoma City area Wednesday in addition to two other suspected twisters in western Oklahoma as severe storms hit the state, according to the National Weather Service. There are no...
AccuWeather: Texas to See Excessive Rain, Flooding from Hurricane Pamela
Oct 13 2021 // Pamela will not only pose significant dangers across Mexico, as it pushes inland after making landfall as a Category 1 hurricane Wednesday morning, but its impacts will also be felt across parts of the United States while...
RenaissanceRe and Arch Capital Estimate Impact of Q3 Natural Catastrophes
Oct 13 2021 // RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on the company’s third quarter 2021 results. This estimate is primarily...
Surging California Winds Spark New Wildfires, Power Outages
Oct 13 2021 // Blustery winds still surged through California on Tuesday after downing trees, fanning wildfires and shutting off power to about 21,000 customers in northern and central regions. Red flag warnings of dangerous fire...
Strong Earthquake Jolts Greek Island of Crete, 3 Weeks After Another Temblor
Oct 13 2021 // ATHENS, Greece (AP) – A strong earthquake jolted the Greek island of Crete on Tuesday, three weeks after another temblor killed a man and damaged hundreds of buildings. The Geodynamic Institute in Athens said the...
Typhoon Kompasu Lashes Hong Kong, Forcing Cancellation of Stock Trading
Oct 13 2021 // Hong Kong suspended schools and the city’s $6.3 trillion stock market canceled trading Wednesday as strong winds and rain from typhoon Kompasu lashed the financial hub. Hong Kong Exchanges and Clearing Ltd. canceled...
Tornadoes Rip Oklahoma; Storms Rock Central U.S.
Oct 12 2021 // Severe storms brought suspected tornadoes and baseball-sized hail to parts of Oklahoma, but there were no reports Monday of deaths or injuries. The severe weather system that hit Oklahoma late Sunday also brought heavy...
