2018 catastrophes News

Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe

Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic Circle. Her business, Setra Group AB, …

Insurers’ Firefighting Teams Move to Limit Damage from California Wildfires

California’s raging wildfires are so bad that American International Group Inc. and Chubb Ltd. are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The latest blazes …

Deaths, Damages Continue to Rise in California’s Most Destructive Wildfires

The most destructive wildfires in California’s history have killed at least 31 people and forced tens of thousands more to evacuate as firefighters struggle to gain control amid swirling winds. The so-called Camp Fire in Northern California and the Woolsey …

Italy’s Atlantia Sets Aside $400M to Rebuild Genoa Bridge; Reveals Insurer Dispute

Italian infrastructure group Atlantia has set aside 350 million euros ($400 million) to cover the estimated cost of rebuilding the Genoa bridge which collapsed in August and compensating the families of those killed. The viaduct disaster claimed 43 lives, sparking …

Tallying Losses from October’s Global Catastrophes

October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly hard, according to Aon’s Impact Forecasting. Total U.S. economic losses from October’s Hurricane Michael – including physical damage and net …

Storms, Torrential Floods Lash Sicily, Killing at Least 12 People

Storms lashing Sicily have killed at least 12 people with torrential floods, Italian authorities said as the country’s leader headed Sunday to the stricken Mediterranean island. Divers pulled out nine of those victims from a home flooded by a rapidly …

Update: Typhoon Yutu Pummels Philippines; Death Toll Rises from Landslides, Floods

At least 10 people were killed and about 20 are missing in a trail of landslides in the mountainous region of northern Philippines after the devastation caused by Typhoon Yutu, according to government authorities. Rescuers were still searching for at …

Typhoon Yutu Slams into Philippines, Traveling Path of Super Storm Mangkhut

Typhoon Yutu slammed into northern Philippines on Tuesday and is traveling a path similar to last month’s super storm Mangkhut that killed at least 82 people and damaged about $500 million of farm output in the Southeast Asian nation. More …

Philippine Authorities Move People to Safer Grounds as Typhoon Approaches

Philippine authorities started to move people to safer grounds as Typhoon Yutu approaches, tracking a path similar to last month’s storm that devastated rice-producing provinces in the main island of Luzon. Yutu, which last week became the strongest storm since …

Super Typhoon Yutu Threatens Philippines’ Most Populous Island

Super Typhoon Yutu could rip into eastern Luzon in the Philippines on Tuesday, extending the toll of destruction it left in the U.S. Northern Mariana Islands earlier this week. Yutu was about 731 miles (1,176 kilometers) east of Luzon with …