Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
CBO Confirms Private Insurers Could Take on Way More Terrorism Risk
Jun 11 2015 // I hate to say I told you so. Actually, scratch that. I love to say I told you so. I just wish it weren’t necessary in this case. Back in January, when Congress passed a six-year extension of the federal backstop for...
Wildfire Report Shows 2 Million California Homes at Risk as Drought Continues
Jun 10 2015 // A report issued today shows California has more than 2 million homes at “high” or “extreme” wildfire risk, as the multi-year drought continues stoke fears among some experts of a potentially...
Report: 4.5 Million Homes in 13 States at Extreme Wildfire Risk
Jun 10 2015 // A report issued today shows 4.5 million U.S. homes at high or extreme risk of wildfire as the multi-year drought continues. The report’s author said the worsening drought means 2015 has the potential to be one of the...
Miami Researchers Studying Hurricanes by Creating On-Demand Storms
Jun 10 2015 // Researchers trying to figure out what makes some hurricanes strengthen into catastrophic monsters have a new lab that allows them to generate tropical storm conditions with the flip of a switch. The lab is at the...
Texas Deems Severe Weather in Late May a Catastrophe
Jun 8 2015 // The Texas Department of Insurance has determined the severe weather event that occurred May 23, 2015, through May 30, 2015, in Harris, Dallas, Travis, Fort Bend, Tarrant, Bexar, Hays, Rusk, Randall, Williamson, Collin,...
Nevada Tornado Damages Businesses and Homes
Jun 8 2015 // A tornado ripped through the Nevada town of Hawthorne on Friday afternoon, damaging homes and businesses, causing scattered power outages and temporarily shutting down a highway, authorities said. No injuries were...
Number of US Homes at Risk of Storm Surge Damage in 2015 Tops 6.6 Million
Jun 8 2015 // This post is part of a series sponsored by CoreLogic. Total Reconstruction Cost Value of Homes is Nearly $1.5 Trillion Although the U.S. Atlantic and Gulf coasts have been spared any significant hurricane damage over the...
2 Years After Tornado, Oklahoma’s Moore Rebuilding; View Video
Jun 5 2015 // Two years ago on May 20, an EF 5 tornado touched down in Moore, Oklahoma, 4.4 miles west of Newcastle. The powerful twister, with wind speeds reaching 210 miles per hour, cleared a path of destruction stretching 14 miles...
UPDATE: Hurricane Blanca Remains on Course for Baja California
Jun 5 2015 // The latest bulletin from the National Hurricane Center in Miami describes Blanca as a “large hurricane,” with hurricane force winds extending “outward up to 45 miles (75 km) from the center and tropical...
Price Declines Slow on June U.S. Reinsurance Renewals: Guy Carpenter
Jun 5 2015 // After two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals. Reinsurance broker Guy Carpenter & Co. reported that...
Texas Windstorm Insurer Highlights Improvements Made Since 2011
Jun 5 2015 // Texas windstorm insurer of last resort for coastal counties has released its annual report, which it says shows the practices and procedures of the organization have improved greatly since 2011. That was the year the Texas...
UPDATE: Hurricane Blanca Weakens off Mexico Coast; Bound for Baja Resorts
Jun 4 2015 // Hurricane Blanca weakened slightly off Mexico’s Pacific coast on Thursday but could restrengthen as it continues moving toward tourist resorts at the southern tip of the Baja California peninsula, the U.S. National...
May U.S. Storm, Tornado Claims over $1Bn: Aon Benfield/Impact Forecasting
Jun 4 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its latest Global Catastrophe Recap report for the month of May. The report highlights the “powerful thunderstorms” that...
Report: More Than 6.6M Atlantic and Gulf Coast Homes at Risk of Storm Surge
Jun 4 2015 // More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to a report released today. Property...
Tornado Caused $18.6M in Damage at Wisconsin Campus
Jun 3 2015 // A final tally shows a tornado that struck the University of Wisconsin-Platteville campus nearly a year ago caused $18.6 million in damage. The school released the final damage numbers on June 2. The tornado hit the campus...
Hurricane Blanca Grows off Mexico Coast; Headed for Tip of Baja
Jun 3 2015 // Hurricane Blanca strengthened to a category 4 storm off Mexico’s Pacific coast on Wednesday and was expected to bear down on a tourist hub at the southern tip of the Baja California peninsula, the U.S. National...
California Assembly Advances Earthquake Safety Bills
Jun 3 2015 // The California Assembly is advancing a pair of bills designed to help buildings withstand earthquakes. The legislation approved unanimously this week would expand financial incentives for seismic retrofits. AB428 would...
Florida Gun Owners Without Permits Get Exemption for Hurricanes
Jun 3 2015 // Florida gun owners who don’t have a concealed weapons permit can now take their firearms with them while fleeing a hurricane. Not that it’s been a big problem in Florida in the past. No one can cite an example...
Texas Pounded by Weather Extremes in May
Jun 2 2015 // Even though it means the commencement of hurricane season, weather-beleaguered Texans are likely pleased that May 2015 has come and gone. Texas was pelted during the month of May with all kinds of violent and deadly...
Pacific Storms Rage While Atlantic Hurricane Season Opens Quietly
Jun 2 2015 // The Atlantic hurricane season opened with empty seas and low expectations as two storms raged off the western coast of Mexico, where they will almost certainly stay. Hurricane Andres, which formed last week and grew into a...
