Natural disasters play a pronounced role in the changing nature of the insurance, real estate, and mortgage lending markets. Catastrophes such as hurricanes, earthquakes, wildfires, floods, and severe thunderstorms ultimately affect all parties involved in property-related decisions, from the banks to individual homeowners.CoreLogic’s Hazard HQ Command CentralTM provides updates on the impacts of natural disasters across the globe, including detailed descriptions of the events, modeled insured/insurable loss estimates, and the number of residential properties affected. Stay tuned to get our latest take on how to manage risks associated with these types of risks. Read previous posts from Hazard HQ Command CentralTM.
Canada wildfires continue to burn across Alberta and new fires ignite in Nova Scotia, damaging homes near Halifax.
The 2023 Hurricane Risk Report provides insight into property risk, both nationally and by metro area, across single-family homes and multifamily homes from hurricane-driven wind and storm surge.
Typhoon Mawar (02W) passed between Guam and Rota on May 24 with 140 mph winds, torrential rain and devastating storm surge.
Early season wildfires force tens of thousands from their homes and halt oil and gas operations across Alberta this month.
CoreLogic estimates 413,013 homes may have sustained hail damage during April 19 severe thunderstorms.
Record-setting rainfall on April 12 puts 67,000 homes in Broward County, Florida at risk for flash flooding.
CoreLogic estimates 578,900 homes may have sustained hail damage during the April 4 severe weather outbreak.
A severe weather outbreak including tornadoes and hail may have impacted approximately 358,000 homes worth an estimated $83.2B across the central U.S.
CoreLogic estimates over 4,100 homes were within the path of the tornado that hit Mississippi on March 24, 2023.
CoreLogic Weather Verification Services captured wind and tornado footprints from the severe weather system in California.
CoreLogic estimates that insurable losses from the Ecuador earthquake will be up to $600 million.