Trending Catastrophe Headlines
The most viewed headlines from our Catastrophe Topic Page over the last 30 days.
#1 Allstate Reports $731M in Q1 Pretax Catastrophe Losses
Apr 19 2024 // Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March. Six events contributed to the $343 million total for March — before favorable reserve re-estimates...
#2 Weather Forecasters Predict ‘Extremely Active’ 2024 Atlantic Hurricane Season
Apr 4 2024 // Weather forecasters at Colorado State University (CSU) on Thursday predicted an “extremely active” 2024 Atlantic hurricane season because of warm sea surface temperatures and less wind shear to break up storms...
#3 Accuweather Predicts Above-Average 2024 Atlantic Hurricane Season
Mar 27 2024 // Accuweather meteorologists are predicting an above-average Atlantic hurricane season with as many as 20-25 named storms. The 2024 hurricane season is forecast to feature 8-12 hurricanes including 4-7 major hurricanes. This...
#4 Florida’s Slide Insurance Secures $210 Million Catastrophe Bond
Apr 11 2024 // Tampa-based Slide Insurance announced it has finalized pricing for its $210 million Purple Re Ltd. (Series 2024-1) catastrophe bond. The largest cat bond sponsored by Slide to date, Purple Re Ltd. provides 40% more in...
#5 Wildfires Are Upending Some of the Safest Bets on Wall Street
Apr 18 2024 // When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger at...
#6 What Is Volt Typhoon, the Hacking Group the FBI Warns Could Deal a ‘Devastating Blow’?
Apr 22 2024 // China is developing the “ability to physically wreak havoc” on U.S. critical infrastructure and its hackers are waiting “for just the right moment to deal a devastating blow,” FBI Director...
#7 New York-New Jersey Area Shaken by 4.8 Earthquake
Apr 5 2024 // A 4.8 magnitude earthquake shook the New Jersey-New York area this morning at about 10:23 am, according to the United States Geological Survey. The earthquake’s epicenter was near Whitehouse Station, New Jersey....
#8 US Wildfires Are Getting Bigger and More Complex, Prompting Changes in Firefighting
Apr 11 2024 // It’s shaping up to be a long wildfire season, with Texas already seeing its largest blaze in recorded history and firefighters becoming overwhelmed with recent blazes in Virginia. Just in the first three months of...
#9 Florida Panhandle Wildfire Destroys Home, Damages 15 Others
Apr 8 2024 // PENSACOLA, Fla. (AP) — A wildfire in the Florida Panhandle has destroyed a home and damaged at least 15 others. The Florida Forest Service said Friday that the blaze, which broke out Thursday near Pensacola, was now more...
#10 New York City’s Skyscrapers Are Built to Withstand Most Earthquakes
Apr 9 2024 // The ground rumbled Friday beneath New York City, home to famous skyscrapers like the Empire State Building and One World Trade Center. Though buildings that can reach above 100 stories might seem especially vulnerable to...
#11 East Coast 4.8 Earthquake Causes Disruption But No Injuries or Sweeping Damage
Apr 7 2024 // An unusual East Coast earthquake shook millions of people from New York and Philadelphia skyscrapers to rural New England on Friday, causing no widespread damage but startling an area unaccustomed to temblors. The U.S....
#12 Risk Perception Drops After Hurricanes: Study
Apr 23 2024 // As time passes after hurricanes, new analysis by Stanford University researchers shows perception of personal risk, including the likelihood of injury and home damage, decline. The findings suggest that programs and...
#13 Severe Weather Spawns Tornado, Damage and One Death in South, Midwest
Apr 4 2024 // Thousands of homes and businesses were without power Tuesday as severe weather roared through several states, causing at least one death and spawning possible tornadoes. Parts of Ohio, Pennsylvania, Kentucky, Mississippi,...
#14 Utility Company Skips Texas Panhandle Wildfire Hearings
Apr 4 2024 // AMPA — A company hired to inspect utility poles in the Panhandle declined to testify before Texas lawmakers Wednesday, as part of the state’s inquiry into the Smokehouse Creek fire — the largest wildfire in state...
#15 Tech Update: Verisk Launches Next Generation Catastrophe Models
Apr 8 2024 // Verisk, the Jersey City, New Jersey-based data analytics and technology provider, has launched a suite of next generation catastrophe models. Verisk’s suite of 100+ Next Generation Models (NGM) is designed to help...
#16 Drought, Heat Raise Risk of Repeat of Canada’s Record-Breaking Wildfires of 2023
Apr 12 2024 // Canada’s emergency preparedness minister warned Wednesday the country’s wildfire season could be more explosive than last year when it led to unprecedented smoke conditions across much of the country and into...
#17 States Across the US Midwest Are on Alert for Tornadoes: Weather Watch
Apr 2 2024 // Storms and tornadoes are in the forecast for states across the Midwest in the US, with further weather warnings and advisories stretching further east. There is a moderate risk of severe thunderstorms — which could bring...
#18 Hurricane-Force Winds Leave 150,000 Without Power in Colorado
Apr 8 2024 // More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not get power back until Monday. Those affected include about 55,000 customers who had their...
#19 West Virginia Saw 5 Tornadoes Last Week, Double the Yearly Average
Apr 10 2024 // CHARLESTON, W.Va. (AP) — The National Weather Service on Monday confirmed a fifth tornado touched down during severe storms that barreled across West Virginia last week. That’s more than double the state’s...
#20 Florida OIR Says Enhanced Data Reporting on Hurricane Ian Claims is Due April 17
Apr 5 2024 // The Florida Office of Insurance Regulation is reminding carriers that additional data is due April 17 on Hurricane Ian claims. All property insurers are required by law to submit the enhanced catastrophe reports, including...
