
Hurricane Season Ends Historic As Predicted
Monday officially marks the final day of Atlantic hurricane season, and it has been one for the record books. 2020 has been undoubtedly a crazy year -- with the Covid-19 pandemic, murder hornets, and some of the largest wildfires in recorded history.
November 30, 2020
Catastrophe

Pandemic Insurance Losses Were Bigger Than What Lloyds Of London Expected
Bruce Carnegie-Brown, chairperson at Lloyds of London, announced that the global pandemic insurance losses this year will be higher than what they had previously estimated.
November 24, 2020
Catastrophe

These Places Are Bound To Burn And People Keep Moving There
As climate change contributes to ever-worsening fire seasons in the Western U.S., more people are moving to the very areas most likely to burn.
November 23, 2020
Catastrophe
Education & Training
Property
California
Idaho
Oregon
Utah
Washington

Study Reveals Hurricanes Now Take Twice As Long To Weaken After Landfall
Hurricanes are keeping their staying power longer once they make landfall, spreading more inland destruction, according to a new study. Warmer ocean waters from climate change are likely making hurricanes lose power more slowly after landfall, because they act as a reserve fuel tank for moisture, the study found.
November 12, 2020
Catastrophe
Risk Management

Nearly 80% Of Derecho Claims Closed; Payouts Exceed $1.6B
State officials released a report with preliminary insurance claim totals for Iowa from the August 10 derecho which gave some sense of the enormous extent of the damage caused by the storm.
November 10, 2020
Auto
Catastrophe
Property
Iowa

Hurricane Zeta Damages In Louisiana Estimated To Hit $2.8 Billion
Insurance industry analysts estimate storm damage from Hurricane Zeta in Louisiana could cost between $1.7 billion and $2.8 billion in repairs. Analytics business CoreLogic estimated that when storm damage in Mississippi and Alabama are factored in Hurricane Zeta caused $3.5 billion in destruction.
November 4, 2020
Catastrophe
Property
Louisiana
Mississippi

Colorado Burning: Climate Change And A Record-Breaking Wildfire Season
From Wednesday night into Thursday morning the East Troublesome fire in Grand County, Colorado exploded from 19,000 to 125,000 acres in just 12 hours, driven by wind gusts of up to 60 mph. It is now the fourth biggest fire in state history.
October 22, 2020
Catastrophe
California
Colorado

One Year After The Dallas Tornado Outbreak
We are marking the one-year anniversary of the states most expensive tornado outbreak. Most of the cost was created by an EF-3 tornado that slashed North Dallas on October 20, 2019.
October 21, 2020
Catastrophe
Legislation & Regulation
Property
Texas

Watch For Governments To Transfer Financial Risk From Natural Disasters To Insurers: Swiss Re
There is growing awareness that governments can transfer the financial risk of natural disasters to both insurance and capital markets, a Swiss Re expert observes.
October 19, 2020
Catastrophe
Property

2020 A Record Hurricane Season, But Not For Losses
When Hurricane Delta smashed ashore along the Louisiana coast at 6 p.m. Friday, it became the 10th tropical storm to make landfall in the United States in 2020, breaking a record that had survived more than a century.
October 13, 2020
Catastrophe

Louisiana Officials Survey Hurricane’s Devastation In Lake Charles
As floodwaters from Hurricane Delta receded from this city, the largest in southwestern Louisiana to be severely hit by two hurricanes in six weeks, residents and city officials on Sunday were still surveying the damage of compounding crises — and wondering how much federal help they can count on.
October 12, 2020
Catastrophe
Property
Louisiana

In Path Of Hurricane Delta, Lake Charles’ Debris From Laura May Be Additional Hazard
Hurricane Delta is gaining strength and size over the Gulf of Mexico as it takes aim for the Louisiana coast, which is still recovering from a powerful Category 4 storm six weeks ago that ripped houses from their foundations, peeled off roofs and tore trailers in half.
October 8, 2020
Catastrophe
Property
Louisiana

Intense Hurricane Delta Threatens Louisiana And Florida
Hurricane Delta, the 25th named Atlantic storm this year, is moving toward the Gulf of Mexico and expected to take aim at the U.S. Gulf Coast this week as a major hurricane, the National Hurricane Center said.
October 6, 2020
Catastrophe
Property
Florida
Louisiana

California’s Grim Fire Mark: Burn Exceeds Last 3 Years Combined
Wildfires in California have burned a record 4 million acres since the start of 2020, charring more land in the past nine months than during the previous three years combined. The results are devastating.
October 5, 2020
Catastrophe
Property
California

More Wildfire Evacuations Ordered As Northern California Braces For Powerful Winds
More evacuations were ordered Thursday in Northern California as wildfire-weary residents braced for a return of powerful winds that could stoke a blaze burning in the region’s wine country.
October 2, 2020
Catastrophe
Property
California



