Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Update: Fiona Becomes Strongest 2022 Atlantic Hurricane, Threatening Bermuda, Canada
Sep 21 2022 // Hurricane Fiona has intensified to become this year’s strongest Atlantic storm as it moves north to threaten Bermuda and eastern Canada later this week. Fiona’s top winds remain at 130 miles (209 kilometers)...
Hurricane Fiona Moves North With Up to $4B Economic Damages Estimated Already
Sep 20 2022 // Hurricane Fiona strengthened as it moved away from Puerto Rico and the Dominican Republic where it knocked out power and spawned flash floods and landslides from torrential rains. (Editor’s Note: This article...
Mexico Struck by Powerful 7.5 Magnitude Earthquake on Fateful Anniversary
Sep 20 2022 // MEXICO CITY – A magnitude 7.6 earthquake struck western Mexico on Monday on the anniversary of two devastating temblors, killing at least two people, damaging buildings, knocking out power and sending residents of Mexico...
Fiona, Now a Hurricane, Hammers Puerto Rico and DR, But Will Miss U.S.
Sep 19 2022 // Hurricane Katrina will miss Florida and the East Coast, but has left catastrophic flooding and widespread power outages in Puerto Rico and battered the Dominican Republic with 90 mph winds, according to news reports. The...
Powerful Typhoon Unleashes Torrential Rain, Floods, Winds in Japan
Sep 19 2022 // A powerful typhoon barreled through southwest Japan on Monday, unleashing torrential rains and lashing winds that killed at least two people, triggered floods and caused thousands to evacuate to safety. Typhoon Nanmadol is...
Are you accurately assessing wildfire risk? Why granular data and foundational science matter
Sep 19 2022 // This post is part of a series sponsored by CoreLogic. Climate change is having an impact on natural hazards all around the world — wildfires are more frequent, larger, and more intense than they have been in the past....
California Funding Research to Develop New Wildfire Defense Tools
Sep 19 2022 // The California Department of Forestry and Fire Protection is funding research to better predict who wildfires spread from burning wildlands to communities. CalFire awarded Worcester Polytechnic Institute researchers Albert...
California Commissioner Orders Insurance Cancellation Moratorium for new Wildfire
Sep 16 2022 // California Insurance Commissioner Ricardo Lara on Friday ordered insurers to preserve residential insurance coverage following Gov. Gavin Newsom’s latest emergency declaration over as another major wildfire threatens...
Tropical Storm to Brush Puerto Rico Before Turning North, East of Florida
Sep 16 2022 // Tropical Storm Fiona, the season’s sixth named storm, was expected to graze Puerto Rico before turning north and staying east of Florida, and forecasters at the U.S. National Hurricane Center issued tropical storm...
Pandemic, Labor Shortage Keep Hurricane Victims in Limbo
Sep 15 2022 // Nearly six years after flood damage from Hurricane Matthew displaced Thad Artis from his home in Goldsboro, North Carolina, he has still not been placed in permanent housing. Living alone in a motel for the last two years,...
Fitch Rates California Earthquake Authority’s New Revenue Bonds ‘A-‘
Sep 15 2022 // Fitch Ratings assigned an ‘A-‘ rating to the $500 million revenue bond issuance by The California Earthquake Authority. According to the rating agency, the CEA’s ratings reflect a risk transfer strategy...
Typhoon Muifa Pounds Eastern China With Strong Gales, Rain
Sep 14 2022 // Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port city in what local media called the strongest tropical cyclone to hit the populous Yangtze...
Catastrophe Data Company PERILS Expands Coverage to Include European Flood
Sep 13 2022 // PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, has announced the expansion of its market coverage to include exposure and event loss data for European floods. The new...
Ports in Eastern China at Standstill as Typhoon Muifa Closes In
Sep 13 2022 // Authorities in China’s eastern province of Zhejiang ordered ships to return to port, told schools to close and evacuated tourists from nearby islands, as one of this year’s strongest typhoons is set to make...
Property Catastrophe Reinsurance Entering a True Hard Market
Sep 13 2022 // Uncertain times are challenging for reinsurers. Claims may jump, and investment losses may dent profitability and possibly capital. However, uncertain times can also be good for reinsurers. Demand for reinsurance...
Threat from Western Wildfires Persists Despite Help of Weather
Sep 12 2022 // Firefighters made progress against a huge Northern California wildfire that was still growing and threatening thousands of mountain homes on Sunday, while crews also battled major blazes that blanketed large swaths of...
Typhoon Muifa Takes Aim at Asia’s Largest Port of Shanghai
Sep 12 2022 // Asia’s largest container shipping hub may face another major storm as Typhoon Muifa bears down on Shanghai and nearby Ningbo. The US Joint Typhoon Warning Center projects the typhoon’s path will hit the ports...
California Company Says Machine Failure May Have Caused Wildfire
Sep 9 2022 // A wood products company said that it is investigating whether a fire that killed two people as it swept through a Northern California town was caused by the possible failure of a water-spraying machine used to cool ash at...
California Commissioner Wants Discounts from Insurers in New Wildfires Framework
Sep 7 2022 // California Insurance Commissioner Ricardo Lara on Wednesday submitted an insurance pricing regulation to the California Office of Administrative Law to recognize and reward wildfire safety and mitigation efforts made by...
Wildfire Threatens Homes, Cabins Near Lake in Idaho
Sep 7 2022 // Roughly 200 people were told to evacuate and sheriff’s deputies were trying to track down campers and other recreationists after a wildfire exploded in Idaho’s scenic Sawtooth National Forest over the long...
