Catastrophe modeling firm AIR Worldwide has estimated that insured losses from Windstorm Christian (known as St. Jude in the UK) will range between €1.5 billion €2.3 billion [$2 to $3 billion], with the majority of insured losses occurring in Denmark …
Another disaster plaguing the state, widespread flooding in Colorado is being viewed as an “unprecedented” event in which losses will take quite some time to calculate – although there are more immediate lessons to be learned. Thousands are missing, tens …
The week-and-a-half-old wildfire in Yosemite is seen by some as a harbinger of what could be a “worst case scenario” when California enters its typical wildfire season in October – continued drought, lots of unburned fuel and a weather outlook …
A California wildfire that doubled in size overnight torched 15 buildings east of Los Angeles, injured at least five people and forced the evacuation of 500 homes in about half a dozen small communities, authorities said on Thursday. The fire …
A recent report by financial website Kiplinger rated Louisiana as the most disaster prone state in the nation. News reports on this story have cited loss estimates of $3 billion for Hurricane Katrina and $2 billion for Hurricane Gustav. According …
The most destructive wildfire in Colorado history caused $292.8 million in insured losses, according to a preliminary report issued on Monday by the Rocky Mountain Insurance Information Association. The estimates include roughly 3,630 homeowner and auto insurance claims being filed …
It was a doozy. Flying, biting killer sharks literally whipped into a frenzy by freak tornadoes wreaked havoc on Los Angelenos. The catastrophe played out on the Syfy Channel on Thursday night, lighting up Twitter as the top trend all …
It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates are likely to be on the rise for some time. Insured losses from the recently doused Black Forest fire should …
The official count on total insured losses from the Black Forest Fire in Colorado should be released soon, and the single most destructive wildfire in the state’s history is likely to exceed $100 million – marking two years in a …
A wildfire in Colorado has destroyed at least 360 homes, topping last year’s record-setting Waldo Canyon Fire in a nearby wooded area that destroyed 346 homes. The tally of lost homes was a dramatic increase from a report late Wednesday …
