Latest Natural Disasters Headlines
All the headlines from our Natural Disasters Topic Page, ordered by recency.
Does a CPP Cover Trees Knocked Over by a Hurricane?
Nov 6 2017 // When a hurricane blows through, it isn’t just the trees on a homeowner’s property that could be damaged. There could be trees on a business’ property that are damaged as well. Does the commercial property...
Insured Losses from Hurricane Nate Could Top $1B
Nov 6 2017 // Catastrophe modeling companies have estimated insured losses from Hurricane Nate will reach $500 million and could even top $1 billion. Hurricane Nate formed as a tropical depression on Oct. 4, 2017, and was upgraded to a...
Georgia Estimates $550M in Insured Losses from Hurricane Irma
Nov 6 2017 // Georgia’s estimated insured losses from Hurricane Irma have climbed to more than $550 million, with insurers reporting approximately 103,163 claims filed as of October, according to Georgia Insurance Commissioner...
Commissioner Denies Texas Windstorm Insurance Association Request to Raise Liability Limits
Nov 6 2017 // Texas Insurance Commissioner Kent Sullivan in mid-October declined to approve a request by the Texas Windstorm Insurance Association to raise the maximum limits of liability on windstorm and hail policies. TWIA filed a...
Officials Confirm Oklahoma Casino Hit with EF1 Tornado
Nov 6 2017 // Emergency managers say an Oklahoma casino had part of its roof torn off by an EF1 tornado during a concert that the state’s governor was attending in late October. The twister touched down in Cleveland County, one of...
Hurricane Damage Tracked by East Texas Company’s Drones
Nov 3 2017 // Unmanned aircraft helped a Nacogdoches, Texas, business survey hurricane damage with a degree of speed and safety once thought impossible. The Daily Sentinel reports after Hurricane Harvey battered the Texas coast and...
Hurricanes Drive Q3 Loss for Liberty Mutual But ‘Fundamentals Remain Healthy’
Nov 3 2017 // Liberty Mutual Holding Co. Inc. reported a net loss of $665 million for the three nine months ended September 30, 2017, versus net income of $455 million for the same period in 2016. The net loss in the quarter was driven...
$2.1M in Funding For Montana Town’s Tornado Recovery Efforts
Nov 3 2017 // Montana officials say they have secured $2.1 million in federal disaster aid for ongoing cleanup efforts in the town of Baker where a tornado tore up homes, leaving a lake covered in hundreds of tons of debris. The...
Texas Hurricane Czar: State Needs $61B from Feds for Harvey Recovery
Nov 2 2017 // Texas needs $61-plus billion in federal funding just to rebuild public infrastructure damaged by Hurricane Harvey, as well as to cover projects to prevent future flooding. John Sharp, Texas’ Harvey recovery...
California Wildfires Destroyed Part of Hewlett-Packard Archives
Nov 1 2017 // California’s deadliest wildfires have also destroyed an irreplaceable collection of Silicon Valley history. The Santa Rosa Press Democrat reported that more than 100 boxes of letters and other materials from tech...
Insured Losses from California Wildfires Now at $3.3 Billion
Oct 31 2017 // The largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones...
California Wildfires: May Take Years for Full Recovery
Oct 30 2017 // It will take at least months and likely years to fully recover from devastating wildfires that ripped through Northern California earlier this month, destroying at least 8,900 structures and killing 42 people, Sonoma...
Not All Expect Hurricanes to Bring 2018 P/C Insurance Hard Market
Oct 30 2017 // The worst hurricane season in modern U.S. history is starting to look like a blip on the charts of insurance stocks, with investors banking on a quick restoration of capital as firms rediscover pricing power. It’s a...
Florida Hurricane Fund Irma Payouts Could Exceed $5B
Oct 30 2017 // Hurricane Irma’s damaging rampage through Florida may require the state fund that provides backing to private insurers to pay up to $5.1 billion in claims. Anne Bert, chief operating officer for the Florida Hurricane...
Insured Loss Estimates from California Wildfires Now up to $8 Billion
Oct 27 2017 // Insured losses from the siege of California wildfires could possibly reach $8 billion, according to new estimates released on Friday by catastrophe modeler RMS. The firm now estimates the insured loss for the wildfires...
Florida’s Hurricane Irma Recovery Tab Tops $650M
Oct 27 2017 // The tab for Hurricane Irma keeps rising, and Florida legislators are warning that it could require some tough budget choices for next year. Gov. Rick Scott’s budget director told a Senate panel on Wednesday that the...
Munich Re Expects Q3 Loss After Hurricane Claims of $3.2B
Oct 26 2017 // Munich Re expects claims of €2.7 billion ($3.2 billion) from Hurricanes Harvey, Irma and Maria, which will lead to a third quarter loss of €1.4 billion. The group said it expects a small profit for the full year, as...
Best Areas in U.S. to Live to Avoid Natural Disasters
Oct 26 2017 // Tired of living with hurricanes, tornadoes or floods? Head to Portland, Salt Lake City or Providence. Or California. Yes, California. Portland, Oregon is the safest place to live to avoid hazardous weather; three of the...
Severe Weather in Carolinas Brings Tornadoes, Power Outages
Oct 26 2017 // A National Weather Service team confirmed Tuesday that two tornadoes touched down in South Carolina during an outbreak of severe weather that flipped tractor-trailers and small planes, washed out roads and left thousands...
Florida Insurance Agents Recount Hurricane Irma’s Personal Impact
Oct 26 2017 // It’s been just over a month since Hurricane Irma hit Florida, and it won’t be forgotten in Florida by anyone anytime soon, especially not by those in the insurance industry. The powerful storm made landfall...
