Hazard HQ

Blog

Natural disasters, caused in part by climate change, play a pronounced role in the changing nature of the housing market. Catastrophes such as wildfires, hurricanes, flooding, wind events and winter storms ultimately affect all parties involved in real estate transactions. CoreLogic’s Hazard Team blog offers the latest updates on the impacts of natural disaster on the housing ecosystem, including information on current damage estimates and future projections. Stay tuned to get our latest take on how to manage risks associated with these types of risks. Read previous blog posts from CoreLogic's Hazard Team.
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August 10, 2021

Update: Three Things to Know About the Dixie Fire

Updated: August 9, 2021 | 3:14 pm PT The Dixie Fire has become the 2nd largest wildfire recorded in California history The Dixie fire continues to grow. Approaching 500,000 acres in size, the Dixie Fire has now become the 2nd largest wildfire in recorded California History. Five of the 7 largest ...

July 19, 2021

Three Things to Know About the Germany Flooding

July 19, 2021 | 11:41am CT | 4:41pm GMT The flooding has been severe and is likely to continue over the next few days Severe flooding from July 12-15 resulted in the loss of 188 lives as of July 19 and catastrophic damage in western German states (North Rhine-Westphalia and Rh...

July 7, 2021

Three Things to Know About Tropical Storm Elsa

July 7, 2021 | 11:57 AM CT What’s happening? Elsa made landfall as a Tropical Storm along the western Florida coast roughly 50 miles southeast of Tallahassee with sustained winds of up to 65 mph, 10 mph below Category 1 hurricane intensity. The remnants of Elsa will track along the eastern US coa...

June 18, 2021

Preparing for Hurricane Season: Insurers and the Florida Commission

As climate changes continues to increase the severity and frequency of natural catastrophe events, it is more important than ever for insurers to have catastrophe modeling software that incorporates state-of-the-art hurricane loss projection methodology. In 1992, Hurricane Andrew devastated the F...

May 18, 2021

Flooding in Lake Charles, LA

After being impacted by Hurricanes Delta and Laura in 2020 – and just weeks ahead of the official start to the 2021 hurricane season – Lake Charles, Louisiana residents are now being impacted by heavy rainfall of 6 – 15 inches this week resulting in bayous and creeks flooding streets. The o...

May 3, 2021

Tornadoes in Mississippi and Georgia

In what has already been a very active tornado season for the Southeastern U.S., a series of strong tornadoes developed between the afternoon of May 2nd and the morning of May 3rd. The above normal activity can in part be attributed to the La Niña conditions observed this winter and spring (coole...

April 23, 2021

5 Reasons Why Damages in Texas Were So Drastic

As climate change continues to increase the severity of natural catastrophe events, housing infrastructure across the nation is being challenged on a routine basis. In February 2021, a severe winter storm brought frigid arctic air and dangerously cold winds into the Mississippi Valley region. Mor...

April 22, 2021

Climate Change Unpacked: What Caused the Texas Freeze?

As climate change continues to alter our atmosphere, extreme weather is becoming a more frequent occurrence across the world. From February 14 to 18, 2021, much of the U.S. experienced one of the coldest snaps on record. The National Weather Service reported frigid Arctic air and dangerously cold...

April 1, 2021

Nearly 10,000 Homes Likely Impacted by Alabama, Georgia Tornado Out...

March 25, 2021, will be remembered as a tragic day across Alabama: one of high-impact, exceptionally long-tracked tornadoes resulting in 5 lives lost and an estimated excess of 9,000 properties damaged. As projected by the National Weather Service, severe thunderstorms began by midday and became ...

March 29, 2021

Severe Weather Outbreaks in the South

Figure 1:  Alabama Tornado Outbreaks Sources: National Weather Service damage paths for the 2011 event and CoreLogic Tornado Verification Technology algorithm for the 2021 events. © 2021 CoreLogic,Inc., All rights reserved. It’s the middle of tornado season for the South. A week after a torn...

March 25, 2021

Storm Season has Arrived in the Southern U.S.

Just one week after the region’s most recent bout with severe weather, Thursday, March 25, is expected to deliver yet another outbreak of dangerous storms across much of the mid-South and Gulf Coast regions of the United States. A dangerous combination of seasonably strong convective instability ...

March 22, 2021

Alabama Tornado Outbreaks of March 17, 2021 and April 27, 2011

March 22, 2021 | 4:05pm CT The March 17, 2021 Alabama tornado outbreak was a high-risk event. Another notable high-risk event over Alabama was April 27, 2011, an event known as the 2011 Super Outbreak. That event produced 216 tornadoes, including 11 EF4 and 4 EF5 tornadoes, and was responsible fo...