Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Progressive Lowers Loss Estimate From Hurricane Ian By $400M
Dec 22 2022 // The Progressive Corp. said Dec. 21 that its loss and allocated loss adjustment expenses (ALAE) in the property business are estimated to be $1 billion from, prior to reinsurance, from Hurricane Ian. The insurer said this...
Families Shattered by Tornadoes in Gulf
Dec 20 2022 // A storm system that spawned dozens of reported tornadoes from Texas to the Florida Panhandle was all but done with the South last Thursday after killing at least three people and uprooting families across Louisiana, where...
Small 3.6 Earthquake Confirmed in Northern California
Dec 19 2022 // A small magnitude 3.6 earthquake struck the San Francisco Bay Area, jolting thousands of people awake and causing minor damage, the U.S. Geological Survey confirmed. The earthquake occurred at 3:39 a.m. Saturday and was...
Investigators in West Texas Following 5.4 Earthquake
Dec 19 2022 // MIDLAND, Texas (AP) – The Texas Railroad Commission, which oversees the state’s oil and gas industry, on Saturday sent investigators to west Texas following a 5.4 magnitude earthquake near Midland. “RRC...
Tornadoes, Storms Leave Trail of Destruction From New Orleans to Great Plains
Dec 16 2022 // A vast and volatile storm system ripping across the U.S. killed at least three people in Louisiana, spinning up tornadoes that battered the state from north to south, including the New Orleans area where memories of...
Louisiana Citizens Opens Search for Catastrophe Service Vendors
Dec 15 2022 // New Catastrophe Services contracts are expected to secure Catastrophe Claims Administration Services as part of the company’s ongoing Catastrophe preparedness and response to large claim volume events. Baton Rouge,...
Massive Storm Brings Tornadoes to South Central, Blizzard Threat to Plains
Dec 14 2022 // SIOUX FALLS, S.D. (AP) – A massive storm blowing across the country spawned tornadoes in parts of Oklahoma and Texas, including the Dallas-Fort Worth area, as much of the central United States from the Rocky Mountains to...
California, Florida and Texas have the most properties at risk of wildfire
Dec 13 2022 // This post is part of a series sponsored by CoreLogic. Wildfires continue to be a massive threat to millions of properties across the United States. With the population growing and major metro areas continuing to develop...
Scientists Say Eruption of Hawaii Volcano Continues to Ease
Dec 13 2022 // The eruption of the Mauna Loa volcano on Hawaii’s Big Island continues to ease, scientists said, reinforcing an earlier pronouncement that the mountain’s first flare-up in nearly 40 years might soon...
USDA: Florida Orange Crop Down 36% After Two Hurricanes
Dec 12 2022 // Production of oranges in Florida this season is forecast to be down 36% from earlier estimates, in part a reflection of twin hurricanes that battered growing regions, according to U.S. Agriculture Department figures...
Fishing Towns Bouncing Back After Hurricane Ian
Dec 12 2022 // Chokoloskee and Everglades City, two fishing villages-turned-travel-destinations that sit next to each other on the cusp of Everglades National Park and the Gulf of Mexico, have seen more than their share of hurricane...
One Year Later: Kentucky Agency, Community Recovering from Powerful Tornado
Dec 9 2022 // A year ago Saturday, one of the most powerful tornadoes to hit the United States ripped through western Kentucky with 190-mph winds, destroying multiple homes, businesses, a candle factory, churches, a county courthouse...
World Bank Seeks to Restart Cat Bond Issuance to Boost Emerging Nations’ Resilience
Dec 7 2022 // The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for losses from natural disasters. The supranational lender has issued close to $2.6 billion of...
Eruption of Indonesia’s Highest Volcano Buries Homes, Destroys Bridge
Dec 6 2022 // SUMBERWULUH, Indonesia (AP) – Improved weather conditions Monday allowed rescuers to resume evacuation efforts and a search for possible victims after the highest volcano on Indonesia’s most densely populated...
2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian
Dec 2 2022 // An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage...
Hurricane Ian Drives Global Insured Losses of $115B From Natural Disasters: Swiss Re
Dec 1 2022 // Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the U.S., have cost global insurers an estimated $115 billion so far this year, according to a...
Hawaii Volcano Eruption Has Some on Alert, Draws Onlookers
Dec 1 2022 // The first eruption in 38 years of the world’s largest active volcano is attracting onlookers to a national park for “spectacular” views of the event, and it’s also dredging up bad memories among...
Tornadoes Kill 2 in Alabama, Damage Homes and Businesses in Mississippi
Nov 30 2022 // Tornadoes and high winds destroyed a fire station, damaged homes and ripped the roof off an apartment complex in Alabama, as the storm front moved into eastern states Wednesday morning. Local news reports and the...
Report from California Insurers Calls for More Freedom to Use Wildfire Catastrophe Models
Nov 29 2022 // Associations representing insurers operating in California on Tuesday released an analysis from Milliman showing wildfire catastrophe models would improve homeowners’ access to insurance in the face of...
Hurricane Ian Runoff May Be Worsening Red Tide on Florida’s SW Coast
Nov 29 2022 // Scientists are saying a red tide bloom that’s lingered along the coast for a few weeks is now being fed by nutrients running off the landscape in the wake of Hurricane Ian. Red tide (Karenia brevis) is a naturally...
