storms News

Oklahoma Governor Declares State of Emergency in 12 Counties

Governor Mary Fallin has declared a State of Emergency for 12 Oklahoma counties due to tornadoes, severe storms, straight line winds and flooding that began on April 13. The counties included in the declaration are: Alfalfa, Caddo, Canadian, Cleveland, Ellis, …

Oklahoma Bill Limits Liability for Public Facilities Used as Shelters

A bill to protect public buildings used as shelters during natural disasters from liability claims has been signed into law. Senate Bill 1316, by Sen. Ron Justice and Rep. Fred Jordan, modifies the Governmental Tort Claims Act by adding an …

United Fire Says Losses from Storms May Be in $13M to $16M Range

United Fire Group Inc., headquartered in Cedar Rapids, Iowa, announced that it expects its first-quarter results through March to include pre-tax catastrophe losses, net of reinsurance, of approximately $13 million to $16 million. These losses are the result of several …

Arctic Ice Melt Lifts Hopes for Russian Maritime Trade

When severe snowstorms prevented life-sustaining fuel supplies from reaching the frozen Alaskan town of Nome, U.S. officials turned to a Russian company for help. The relief mission through perilous, ice-choked seas was the first mid-winter fuel delivery to western Alaska, …

Ohio Property Insurance Rates Expected to Rise After Storms

Ohio’s relatively low rates for property insurance are expected to rise in 2012 due to the damaging storms of recent years. An insurance agent in Middletown in southwest Ohio says Mother Nature has had her way with the state. Gary …

IAG Updates Claims Estimates for Victoria Storms, NZ Quakes

The Insurance Australia Group has advised that its Australia Direct and CGU businesses have, “received approximately 20,000 claims following the hailstorms and related severe weather which occurred in Victoria around Christmas Day. The majority of claims relate to vehicle damage …

November Storms in Southern Alberta Caused $195 Million Insured Loss

Windstorms that hit southern Alberta in November have caused at least C$200 million [US$195] in insured damage, according to the Insurance Bureau of Canada. However, the estimate is preliminary, based on data from Property Claim Services Canada (PCS-Canada), a service …

Melbourne Storms Declared ‘Catastrophe;’ Full Year Insured Losses = $4.5 Billion

A series of violent storms struck Australia’s second largest city, Melbourne on Christmas Day, causing wide spread damage to buildings and infrastructure. Insurer QBE said the country’s insurers have already received more than 15,000 claims as a result of the …

Insurers Worry 2012 Will Top 2011 for Record Weather Disasters

From floods that crippled countries, to mega cyclones, huge blizzards, killer tornadoes to famine-inducing droughts, 2011 has been another record-breaker for bad weather. While it is too early to predict what 2012 will be like, insurers and weather prediction agencies …

IPCC Report Concludes Extreme Weather to Worsen with Climate Change

An increase in heat waves is almost certain, while heavier rainfall, more floods, stronger cyclones, landslides and more intense droughts are likely across the globe this century as the Earth’s climate warms, U.N. scientists said on Friday. The U.N. Intergovernmental …