Latest Natural Disasters Headlines
All the headlines from our Natural Disasters Topic Page, ordered by recency.
How Terrorism Reinsurance Law Uncertainty Affected Market
Jun 29 2015 // After a slight dip in the wake of the brief lapse of the terrorism reinsurance program in early 2015, terrorism insurance market conditions are steady again, although there have been some noteworthy changes in behavior,...
Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author
Jun 26 2015 // First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized risks – an evolution that could have long-term implications for market stability and trading large-scale...
Models for Explosions from Terrorist Attacks Could Reduce the Carnage
Jun 25 2015 // While catastrophic event models mainly focus on weather related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas where they will cause the...
Alaska Wildfires Grow, Prompt Evacuations
Jun 24 2015 // Intensifying wildfires in Alaska have led to evacuations in several parts of the state, including a tiny village where residents fled on boats. A firefighter on one blaze also was treated for a bear bite after encountering...
Michigan Hit with Damaging Winds, Tornados, Flooding
Jun 24 2015 // A series of severe thunderstorms that pushed damaging winds and tornados into several parts of Michigan on Monday and Tuesday wrecked homes and knocked out power to thousands of people, officials said. From Monday...
Severe Storms, Tornado Damage Homes, Injure 7 in Illinois
Jun 24 2015 // At least seven people were injured as severe thunderstorms that swept across northern Illinois spawned a tornado, damaged homes and uprooted trees. Particularly hard hit Monday night was Coal City, a community of...
‘Seismicity’ – Re/Insurers Ponder the Impact of Human-Caused Earthquakes
Jun 24 2015 // Earthquakes, the natural kind caused by the movements of vast tectonic plates, have been occurring since the dawn of time. But now there is a new type of quake, the study of which has been labeled “seismicity,”...
Newbridge Writes Political Violence, Terrorism Risks via Castel MGA Platform
Jun 24 2015 // Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets. The new underwriting cell will be focused on the...
Remnants of Tropical Storm Bill Headed for the Midwest
Jun 18 2015 // Tropical Storm Bill wrung out almost 12 inches of rain over parts of eastern Texas, was downgraded to a depression and then handed off from the National Hurricane Center to the Weather Prediction Center. That doesn’t...
Tropical Storm Bill Makes Landfall in Texas with 60 MPH Winds
Jun 16 2015 // Tropical Storm Bill came ashore on the Texas mainland this morning near Seadrift, packing heavy rains that will drop as much as 10 inches along the coast. Bill’s winds were 60 miles (97 kilometers) per hour, up from...
Another Alaska Wildfire Prompts More Evacuations
Jun 16 2015 // Firefighters are battling a second wildfire in Alaska and officials say hundreds of homes have been evacuated and six structures have burned. The fast-moving blaze erupted Monday on the Kenai Peninsula, roughly 100 miles...
Ground Gained Large Wildfire in Northern California
Jun 15 2015 // Firefighters made progress late Sunday in battling a lightning-sparked Northern California wildfire that has been burning in the Shasta-Trinity National Forest for five days, officials said. Light winds helped firefighters...
Windstorm Insurance Bill Stirs Lively Debate in Texas House
Jun 15 2015 // Differences of opinion on the never-ending problem of what to do about property insurance along the coast had lawmakers from coastal areas pitted against inland representatives in the waning days of the Texas legislative...
Geologists Studying Cause of Recent String of Alabama Earthquakes
Jun 15 2015 // Jim Sterling didn’t know what had hit his 156-year-old antebellum home when an earthquake struck Alabama’s old plantation region early one morning last November. Startled, he grabbed a gun and ran outdoors. In...
It’s Time for Congress to Prepare for Hurricane Season
Jun 15 2015 // Thousands of Americans have been working to prepare their homes and businesses for this year’s Atlantic hurricane season which began on June 1, so why isn’t Congress taking steps to get its own house in...
Effective Wildfire Prevention Hampered by Liability, Weather, Development
Jun 15 2015 // Forest managers would prefer to use prescribed burns every few years to help prevent costly wildfires and rebuild unhealthy ecosystems, but hurdles like staffing, budget, liability and new development hinder...
California Assembly Advances Earthquake Safety Bills
Jun 15 2015 // The California Assembly is advancing a pair of bills designed to help buildings withstand earthquakes. The legislation approved unanimously earlier this month would expand financial incentives for seismic...
Mayor: Many Will Leave Delmont Due to Tornado
Jun 12 2015 // Many residents of tornado-ravaged Delmont, S.D., don’t plan to come back, and the community is looking for ways to pull through. About 200 people live in the town, and “it looks like maybe half will...
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...
