Floods that have devastated parts of southern and eastern Germany could briefly impede growth in Europe’s biggest economy, an industry body said, while ratings agency Fitch said the economic cost could be as high as 12 billion euros. That would …
Insurance companies have been deluged by property damage claims since tornadoes raked central Oklahoma last month, and on Monday state officials were still trying to tally the initial claims from the most recent outbreak two weeks ago. The nearly $250 …
The losses insurers face from the worst flooding in central Europe since 2002 may be lower than those resulting from the deluge 11 years ago even as the toll on local economies looms larger. Insured losses may reach 2 billion …
The United States were impacted by several severe windstorm events during the month of May, including Moore, Okla., where a catastrophic EF-5 tornado killed 24 people, injured 387 others, and damaged or destroyed up to 13,000 homes and structures. Total …
State insurance officials say tornado-related insurance claims from the twisters on May 19 and 20 that tore through Moore and several neighboring communities already represent insured losses of nearly $250 million. Oklahoma Insurance Commissioner John Doak said Tuesday there have …
The magnitude 6.2 earthquake that struck central Taiwan Sunday night, June 2, 2013, at 9:43 p.m. local time, in a sparsely populated region of Nantou County just 4.3 miles northeast of a similar rupture only two months ago is unlikely …
Weld County residents are marking the fifth anniversary of a tornado that devastated the town of Windsor, Colo. The May 22, 2008 tornado killed one man, destroyed 78 homes and damaged as many as 3,000 along its 39-mile path. The …
“Daddy, are we dead?” Those were the first words from 9 year old Kaden Anderson after an explosion ripped apart the fertilizer plant in West on April 17. Kaden was riding with his father Bryan who had driven over to …
Updated data indicates insured losses from storms that socked Ohio in late June and early July totaled $845 million in the state, or nearly double the initial estimate released by an insurance industry trade group. The series of storms between …
According to catastrophe modeling firm AIR Worldwide, a 6.3 earthquake struck 55 miles southeast of Bandar Bushehr near Iran’s southwest coast, however insurance losses are expected to be minimal. According to the United States Geological Survey (USGS), the earthquake occurred …