Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Dolly Parton Telethon Raises $9M for Tennessee Wildfire Victims
Dec 20 2016 // Dolly Parton says a star-studded telethon for those affected by recent wildfires in her native Tennessee has brought in about $9 million. Parton headlined the event on Dec. 13 that was broadcast on several cable networks...
The California Earthquake Authority 20 Years Later
Dec 19 2016 // It was 20 years ago this month that insurers began selling California Earthquake Authority policies — two years off of a hard lesson learned by the state’s residents and its insurance market. But 20 years later...
Tennessee Wildfire Damage Estimated at $500M
Dec 15 2016 // Deadly wildfires caused more than $500 million in damage as they tore through a tourism community in the foothills of the Great Smoky Mountains and killed 14 people, local officials estimated Tuesday. Sevier County Mayor...
Tennessee Gov Asks Obama to Expedite Disaster Declaration for Storms, Wildfires
Dec 14 2016 // Tennessee’s governor has sent a request to President Barack Obama to expedite a major disaster declaration for five of the state’s counties to aid in recovery from wildfires and severe storms. The counties...
Texas Hail Losses Set Record in 2016
Dec 14 2016 // In 2016, Texas suffered through another costly year of weather related losses for homeowners and autos. Looking only at loss information through the end of September, it has been a year of record losses for hailstorms. The...
Caribbean Cat Facility, CCRIF, Pays Nicaragua $1.1M for Hurricane Otto
Dec 14 2016 // CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) made a payout of US$1.1 million to the government of Nicaragua as a result of damages from Hurricane Otto. Damages triggered a CCRIF payment on the...
Top Florida Stories of 2016: The End of Florida’s Hurricane Drought
Dec 14 2016 // In September, Hurricane Hermine broke Florida’s hurricane drought that had lasted since 2005. The category 1 storm hit the Florida Panhandle, bringing significant storm surge to the Tampa Bay area before slowly...
Dolly Parton Organizing Telethon for Wildfire Victims in Tennessee
Dec 12 2016 // Country icon Dolly Parton has organized a musical telethon to raise money for victims of the Tennessee wildfires that destroyed more than 1,700 homes in the resort town of Gatlinburg. The event, which will air Dec. 13 on...
Tennessee Wildfires That Killed 14 Allegedly Started by 2 Juveniles
Dec 9 2016 // Authorities on Wednesday charged two juveniles in an East Tennessee wildfire that killed 14 people and destroyed or damaged more than 1,700 buildings in an iconic tourism spot at the foot of the Great Smoky...
CEA Using California Quakes as Opportunity to Spread the Word
Dec 8 2016 // In the way of a magnitude 6.5 earthquake off the Northern California coast at 6:45 a.m., a hundred miles west of Eureka, and then a few hours later a magnitude 5.0 in the same general area, the California Earthquake...
New Zealand Quake’s Insured Losses Estimated at $705M-$3.5B: Aon Cat Report
Dec 8 2016 // Insurance losses from last month’s magnitude 7.8 earthquake in New Zealand are likely to range between NZ$1.0 to 5.0 billion (US$705 million and US$3.5 billion), according to a report published by Impact Forecasting,...
Indonesia’s M6.5 Quake Kills Nearly 100 with Low Insurance Losses Expected: AIR
Dec 8 2016 // An M6.5 earthquake jolted the northernmost area of Sumatra, Indonesia, on Dec. 7 at 5:03 a.m. local time, with nearly 100 fatalities and more than 600 injuries reported. The epicenter was 19 kilometers (11.8 miles)...
A Look Back at 2016 Atlantic Hurricane Season
Dec 8 2016 // The 2016 Atlantic hurricane season concluded on Nov. 30 with 15 named storms generating seven hurricanes, three of which were considered major ones, according to the industry’s Insurance Information Institute...
Insured Losses from Italy’s October Earthquakes Estimated at $33.3M: PERILS
Dec 7 2016 // The initial estimate of the property insurance market loss from the series of earthquakes that hit central Italy in October is €31 million ($33.3 million), according to PERILS, the independent Zurich-based organization...
National Weather Service Confirms 20 Tornadoes Hit Alabama Last Week
Dec 7 2016 // The National Weather Service says forecasters have confirmed that 20 tornadoes touched down in Alabama last week. The agency says storm surveys found damage from 11 twisters in central Alabama and nine more in north...
Businesses Unharmed in Tennessee City Devastated by Wildfires Set to Reopen
Dec 7 2016 // Chirping and beeping filled the air as Marion Paul fired up her Gatlinburg video arcade Monday, the first time she’s seen her business since deadly wildfires set much of the city ablaze a week ago. Sooty floors...
Tennessee Insurance Department Works With Insurers to Pinpoint Wildfire Claims
Dec 7 2016 // Devastating wildfires that have hit the state of Tennessee, particularly in the City of Gatlinburg, have caused widespread damage, with 656 claims reported to the Tennessee Department of Commerce and Insurance (TDCI) as of...
Rising Risks Could Cost Global Cities $1.17 Trillion of GDP in 2017: Cambridge Study
Dec 6 2016 // The costs of major shocks to the global economy from natural and manmade threats could put at risk $1.17 trillion of the total projected GDP of the world’s major cities in 2017, according to the findings of a report...
Residents, Pawnee Nation File Suits Following 5.8 Mag Quake
Dec 5 2016 // Residents of Pawnee, Okla., have filed suit in district court against 27 energy companies, saying they operate wastewater injection wells even though they know the method causes earthquakes. The lawsuit seeks an...
California, Texas Top Western States for Extreme Risk of Wildfire Damage
Dec 5 2016 // California and Texas rank first and second for the total number of residential properties at an extreme risk for wildfire damage, according to data provider CoreLogic. The reasons for that include: both states have large...
