natural disasters News

Texas, Louisiana, Florida Most at Risk of Natural Disasters: ValuePenguin

That Texas, Louisiana and Florida top the list of states that are most vulnerable to natural disasters is probably a finding of a recent study that will come as no surprise to folks who live in those states. Another likely …

Report: 2019 Was 7th Year in Last Decade with 10 or More Disasters of $1B-Plus

Last year was a particularly hazardous one, with natural catastrophes causing excessive damages in what appears to be an ongoing trend of higher losses in the past decade, while also posing a danger in many U.S. communities to home ownership, …

2019 Natural Hazard Report Highlights Long Tail of Financial Recovery

This post is part of a series sponsored by CoreLogic. Preparing for a catastrophe is a science. This science involves models built from data and analytics that can capture the worst-case scenario for businesses and homeowners. Knowing exactly what the …

Oklahoma Bill Would Create Entity Focused on Natural Disaster, Hazard Mitigation

Legislation filed in Oklahoma would establish an organizational framework for addressing mitigation of natural disasters in that state. House Bill 2776, The Oklahoma Hazard Mitigation Assessment District Act, provides the framework for residents in each county to elect and establish …

The United States Saw 11 Natural Disaster Events That Exceeded $1 Billion in Damage During 2018

This post is part of a series sponsored by CoreLogic. When it comes to natural disasters, 2018 was an eventful year worldwide. Typhoons devastated the Philippines, Hong Kong, Japan and Oman. Earthquakes caused mass casualties in Indonesia, business interruption in …

Managing Natural Disasters Becomes Priority for Nation’s Governors

Governors have a wide range of priorities they want to tackle in the coming year, from tax reform to education. Yet it’s a topic that receives less attention on the campaign trail and in their speeches that could determine their …

Texas, Oklahoma, Kansas Facing Dual Threats: Tornadoes, Wildfires

Emergency officials in Oklahoma, Texas and Kansas are bracing for two types of disasters as spring gets into full swing: The start of what’s historically the most active time of year for tornadoes plus wildfire threats brought on by severe …

Climate Change Worsens Effects of Natural Disasters, Costing Farmers Billions of Dollars

Natural disasters from droughts to floods are costing farmers in poorer countries billions of dollars a year in lost crops and livestock, and it’s getting worse thanks to climate change. Agricultural losses from weather events in developing nations totaled $96 …

UK Invests in Natural Disaster Hedge Fund Focused on Insurance for Developing Nations

Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk insurance. Britain’s Department for International Development (DFID) is investing 25 million pounds ($35 million) over a 20-year period in the …

All Types of Disasters Covered at Oklahoma’s National Tornado Summit

The Oklahoma Insurance Department reports that national experts will share innovative strategies in recovering from tornadoes, wildfires, flooding, hurricanes and more at the 2018 National Tornado Summit to be held in Oklahoma City. The 7th annual event will be held …