Latest Natural Disasters Headlines
All the headlines from our Natural Disasters Topic Page, ordered by recency.
Marsh Report Finds Continued Demand for Terrorism Risk Insurance; Urges Renewal
Apr 22 2014 // Demand for terrorism insurance remains strong and the existence of the federal terrorism risk insurance program plays a key role in making coverage available and affordable, according to a report released by insurance...
Timber Company Sues Over Idaho Wildfire
Apr 21 2014 // Idaho officials have filed a lawsuit against a timber company and its contractor contending they’re responsible for a wildfire that killed a 20-year-old Forest Service firefighter and burned more than 300 acres in...
Bigger and More Frequent Wildfires Burning Western U.S.
Apr 21 2014 // Wildfires across the western United States have been getting bigger and more frequent over the last 30 years, according to a new study. The number of wildfires over 1,000 acres in size in the region stretching from...
Strong M7.2 Earthquake Shakes Acapulco, Mexico City: AIR Analysis
Apr 21 2014 // According to catastrophe modeling firm AIR Worldwide, on the morning of April 18, 2014, a M7.2 earthquake struck southwestern Mexico, 37 km [23 miles] north of the municipality of Tecpán de Galeana (approximate population...
Texas Windstorm Insurer Opens 24-Hour Claims Call Center
Apr 15 2014 // The Texas Windstorm Insurance Association, the insurer of last resort for wind and hail along the Texas coast, reported it has established a Claims Call Center that is open 24 hours, seven days a week. TWIA is encouraging...
Insurance Industry Welcomes Terrorism Bill But Not Co-Pay Hike
Apr 15 2014 // Insurance industry lobbying groups are hopeful that the bipartisan legislation introduced in the Senate on April 10 to reauthorize the Terrorism Risk Insurance Act, or TRIA, will have a better chance for passage than some...
Oklahoma on a Tornado-Less Streak: 8 Months Without One
Apr 14 2014 // Oklahoma hasn’t had a tornado or a tornado warning for more than eight months, though it is doubtful Oklahoma will be able to match its longest streak ever without a twister. Things have been unusually quiet through...
Impact Forecasting to Launch Combined Chile Quake/Tsunami Cat Model
Apr 14 2014 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, announced the launch of a Chile earthquake model that also incorporates tsunami risks, the first such model to do so. The launch...
Central Oklahoma Rattled by Another Earthquake Swarm
Apr 11 2014 // No injuries or damage were reported after a series of earthquakes rattled central Oklahoma overnight, including a 4.1-magnitude temblor that woke many residents near Guthrie. The U.S. Geological Survey recorded four...
Chile Quake, Tsunami Losses Unlikely to Affect Local Insurers’ Ratings: Fitch
Apr 11 2014 // A bulletin from Fitch Ratings indicates that, based on preliminary analysis, Chile’s insurance industry solvency “will not be affected by the recent Iquique earthquake and tsunami. Chilean property/casualty...
45 Years Later, Hurricane Camille Downgraded
Apr 10 2014 // The National Hurricane Center has downgraded Hurricane Camille’s strength at its catastrophic landfall in 1969. The Category 5 hurricane came ashore along Mississippi’s coast. The storm was blamed for 256...
Forecasters See Quiet Atlantic Hurricane Season
Apr 10 2014 // Rising heat in the equatorial Pacific Ocean portends the quietest Atlantic hurricane season in five years, Colorado State University researchers said. Nine named storms, with winds of at least 39 miles (63 kilometers) per...
Senators Announce Bipartisan Bill to Reauthorize Terrorism Insurance
Apr 10 2014 // A bipartisan group of U.S. senators has agreed on legislation to extend the government’s financial backstop of terrorism insurance for seven years. The legislation would raise private insurers’ co-payments to...
N.Y. Bill to Standardize Hurricane Deductible Triggers Advances in Assembly
Apr 10 2014 // A proposed New York State bill to establish standards for hurricane windstorm deductible triggers is advancing in the state Assembly. The bill, A.2729, was reported out of the Assembly’s insurance committee Tuesday....
Anticipating Hurricane Season, Florida Insurer Cancels Policyholders
Apr 7 2014 // A Florida insurer has decided to lessen its exposure in south Florida, cancelling thousands of policyholders in anticipation of the June 1 opening of hurricane season. People’s Trust Insurance Co. reported that it is...
Mississippi Sets Hurricane Deductible Rule
Apr 7 2014 // Mississippians will see uniform rules about when hurricane deductibles apply to their homeowners insurance under a law Gov. Phil Bryant signed last month. House Bill 756 requires Insurance Commissioner Mike Chaney to rule...
Future Tsunamis Planned for by California Harbors
Apr 7 2014 // Five California harbors are preparing for future tsunamis under a new state project that arms them with maps that identify potential problem areas. Officials with the California Geological Survey said the participating...
Large Hail, Tornadoes Pound Denton, Texas Area
Apr 4 2014 // An outbreak of severe thunderstorms north of Dallas, Texas, on Apr. 4 produced hurricane force winds, tornadoes and hail reported to be as large as grapefruits. Several communities are reporting extensive damage. Severe...
Alabama Braces for Possible Tornadoes
Apr 3 2014 // Forecasters say a pair of storm systems will bring the threat of isolated tornadoes to parts of Alabama. The National Weather Service expects severe weather to move into the state late Thursday into early Friday, with...
Texas Windstorm Insurer Sued for Passing on Ike Costs to Policyholders
Apr 2 2014 // A Corpus Christi man is suing the Texas Windstorm Insurance Association for hundreds of millions of dollars because he says it improperly passed on costs to policyholders like him after Hurricane Ike in 2008. Ramiro Gamboa...
