More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according to property data firm CoreLogic. “Multiple, active wildfires in south-central New Mexico potentially impacted approximately 1,300 residential properties with a …
Floodwaters damaged hundreds of properties this week across parts of Nebraska, Iowa, Minnesota and South Dakota as the Midwest recovers from days of intense rainfall. Three days of torrential downpours resulted in as much as 18 inches of rainfall in …
Many more properties, including hundreds of thousands of homes across Florida and other parts of the Southeast, will be required to purchase flood insurance after July 31, due to revisions in federal flood maps. For some of the most exposed …
The head of the Homeland Security Department said that the agency tasked with responding to disasters across the country is prepared as it goes into what is expected to be an intense hurricane and wildfire season but he’s concerned about …
The insurance fallout from the Christmas Day 2020 bombing in downtown Nashville continues, with a federal court deciding this week that Aspen Specialty Insurance must cover millions in replacement costs for a heavily damaged condominium building. The insurer in 2021 …
Tropical storm Alberto has caused flooding and more than three feet of storm surge in parts of coastal south Texas but is not expected to strengthen to hurricane force, meteorologists say. Alberto is the first named storm of the 2024 …
New research is warning about an underwater fault that could devastate the West Coast with a major earthquake and tsunami. Seismologists have issued warnings that the Cascadia Subduction Zone, an offshore fault from British Columbia to Northern California, for decades. …
The hurricane season continues to look like it will be a highly active one, as a potent and portentous weather pattern continues to take shape, an AccuWeather meteorologist told Claims Journal on Friday. “It certainly looks like it’s going to …
Florida is in a state of emergency after downpours flooded Miami streets, soaked Fort Lauderdale with its rainiest June day ever, grounded hundreds of flights and forced officials to issue rare emergency flood warnings. And on Thursday more rain is …
Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the potential to do substantial damage. Sales of so-called cat bonds are 38% higher this year through May than over the …