Catastrophe & Restoration

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• The Parameters of Flood Insurance

  By Christine G. Barlow  |  May 1, 2013

  A family's shed is destroyed by a river of mud. Is it covered? Test your knowledge of water exclusions before hurricane season begins.

• Miss. Jury Finds State Farm Defrauded NFIP After Katrina

  By Chad Hemenway  |  May 1, 2013

  A federal jury in Mississippi has ruled that State Farm committed fraud against the government’s NFIP following Hurricane Katrina.

• Persistant Drought Sparks Concern About 2013 Wildfire Season

  By Christina Bramlet, PropertyCasualty360.com  |  May 1, 2013

  On the heels of a dry winter, experts worry the impending wildfire season could echo last year’s devastation, during which 9.2 million acres burned.

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  After Sandy, After Boston, After 9/11—Still Recovering

  By Mark E. Ruquet, PropertyCasualty360  |  April 29, 2013

  Six months after Sandy, it's clear that we don't just need better claims. We need better risk financing.

• AIR Throws Climate Change Into Mix of Catastrophe-Event Modeling

  By Anya Khalamayzer, PropertyCasualty360.com  |  April 26, 2013

  AIR Worldwide has incorporated a climate-change analysis tool into its Catastrophe Risk Engineering (CRE) program, adding the reality of increasingly volatile weather into risk scenarios that may impact companies and emergency services.

• FSU Develops Metric To Better Gauge Destructive Potential of Hurricanes

  By Staff Writer  |  April 24, 2013

  TIKE is intended to offer more skillful predictions of storm's wrath while helping improve global climate models.

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  West Fertilizer Plant Explosion to Cause $100M in Insured Property Losses

  By Chad Hemenway, PropertyCasualty360.com  |  April 23, 2013

  The massive explosion at a West, Texas fertilizer plant has caused at least $100 million in insured losses to property.

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  Massive Texas Plant Explosion Destroys Houses, Cars, Apartment Complex, School

  By Chad Hemenway, PropertyCasualty360.com  |  April 18, 2013

  Insurance adjusters are already on their way to an area near Waco, Texas affected by an enormous blast at a fertilizer plant Wednesday night that sent a mushroom cloud into the sky.

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  Top 10 States for Wind and Hail Losses

  By Caterina Pontoriero, PropertyCasualty360.com  |  April 17, 2013

  State Farm reports that damage caused by wind and hail cost the insurer and its policyholders more than $3.9 billion in 2012. Click to see the top 10 states with the most wind and hail losses.

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  Explosions Reported Near Boston Marathon Finish Line

  By Jimmy Golen, Associated Press  |  April 15, 2013

  Two explosions shattered the euphoria of the Boston Marathon finish line on Monday, sending authorities out on the course to carry off the injured while runners were rerouted away from the smoking site of the blasts.

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  CSU Forecast: 72% Chance of Major Hurricane Landfall in 2013

  By Chad Hemenway, PropertyCasualty360.com  |  April 10, 2013

  A well-known pair of forecasters from Colorado State University say at least one named storm will be spinning in the Atlantic Ocean for an equivalent of three months of the upcoming six-month hurricane season.

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  Claims Counts, Payments Rising from Mississippi Hailstorm

  By Anya Khalamayzer, PropertyCasualty360  |  April 8, 2013

  Insurers have paid more than $25 million in claims from a March 18 hailstorm in Mississippi.

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  Report Praises Response To Waldo Canyon Fire

  By Christina Bramlet, PropertyCasualty360.com  |  April 8, 2013

  Colo. Springs officials laud first responders' "heroic actions" while calling for better coordination of resources and notifications.

• March Came and Went Like a Lion for Global Insurers

  By Mark E. Ruquet, PropertyCasualty360  |  April 5, 2013

  March turned out to be a very costly month globally, as late winter weather caused billions of dollars in economic losses worldwide.

• Experts Predict A Smoke-Filled 2013 Wildfire Season

  By Christina Bramlet, PropertyCasualty360.com  |  April 4, 2013

  It's still early, but experts are predicting an active wildfire season, especially in parched Colorado, Utah, Arizona, New Mexico and California.

• J.D. Power: Property Claims Satisfaction Holds Steady Despite Record Cats

  By Christina Bramlet, PropertyCasualty360.com  |  April 1, 2013

  Despite two years of historic insured natural cat losses, property claims satisfaction remains high. Even so, FNOL interactions can be improved.