Most Popular Catastrophe Headlines This Year
The most viewed headlines from our Catastrophe Topic Page over the last year.
#1 Florida Meteorologist Predicts Where the Next Hurricane Will Hit, For a Price
Jul 14 2025 // Colorado State University’s hurricane research team, perhaps the best-known and most-often quoted forecasting service, last week revised its prediction for the 2025 Atlantic hurricane season downward slightly – to...
#2 Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
#3 Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion
Jan 14 2025 // The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion. The fresh figure Jan. 14 from Keefe Bruyette & Woods...
#4 Update: FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton
Feb 13 2025 // The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it expects to pay out...
#5 Florida Meteorologist Predicts Where the Next Hurricane Will Hit–For a Price
Aug 4 2025 // Colorado State University’s hurricane research team, perhaps the best-known and most-often quoted forecasting service, in early July revised its prediction for the 2025 Atlantic hurricane season downward slightly...
#6 Insurance Payouts at $4 Billion and Counting for LA Wildfires
Jan 30 2025 // Preliminary data show insurance companies have paid out more than $4 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes earlier...
#7 USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties. The company, which...
#8 California Approves FAIR Plan Request to Assess Insurers $1B for Wildfire Claims
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires. The FAIR Plan reported it has...
#9 Jamaica Catastrophe Bond Has Now Triggered, Government Says
Nov 3 2025 // Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the next few weeks we’ll get more details into what the payout is,” Dana...
#10 Two More Insurers Enter Florida Market as Hurricane Season Warms Up
Jun 30 2025 // Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims...
#11 Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene
Jan 22 2025 // As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be next – thanks to tons of dry wood left over from Hurricane Helene’s wind and...
#12 Homeowners Suing USAA and AAA Insurers Over LA Wildfires
Jun 6 2025 // Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County...
#13 Catastrophe Bond Investors Told to Brace for Jamaica Payout
Oct 28 2025 // Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as Hurricane Melissa barrels toward the Caribbean island as a Category 5 storm. “Based on current models there is a high chance...
#14 FEMA Head Said He Was Unaware of US Hurricane Season, Sources Say
Jun 3 2025 // Staff of the Federal Emergency Management Agency were left baffled on Monday after the head of the U.S. disaster agency said he had not been aware the country has a hurricane season, according to four sources familiar with...
#15 LA Wildfires by the Numbers: Insured Losses, Total Losses, Ratings, Rates
Jan 24 2025 // The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on insured losses, total economic losses and damages, credit ratings—and lately worrying...
#16 LA Neighbors See Different Post-Wildfire Rebuilding Options Due to Insurance Crisis
Feb 7 2025 // Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. “I chose an old home in an old neighborhood because it has...
#17 Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa
Nov 4 2025 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the...
#18 The Trump Administration Keeps Denying Disaster Preparedness Aid to States
Jun 12 2025 // The Trump administration is increasingly skipping a form of federal disaster aid that helps states better prepare for future storms, flooding and wildfires. The Federal Emergency Management Agency rejected requests for...
#19 Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses
May 1 2025 // Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due to a record $3.3 billion of gross catastrophe losses. The gross loss was partially offset by...
#20 State Farm Seeking Interim 22% Rate Hike for Homeowners in Wake of LA Wildfires
Feb 3 2025 // State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners...
