Severe Weather Risk

March 29, 2023

March 24 EF-4 Tornado in Mississippi

CoreLogic estimates over 4,100 homes were within the path of the tornado that hit Mississippi on March 24, 2023.

March 29, 2023

What Was it Really Like to Live Through the California Floods? Our ...

In Part 2, host Maiclaire Bolton Smith talks about the atmospheric rivers and the snow that has made headlines and headway in altering California’s natural hazard landscape.

January 24, 2022

3 Predictions for How Insurers Will Better Protect Policyholders fr...

2021 proved to be yet another challenging year for property & casualty insurers with significant variations in reconstruction costs, growing threats to property from natural catastrophes, and the persistent impact of the COVID-19 pandemic.

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 25, 2021

How Canadian Insurers Can Respond Faster After Hailstorms

In June of 2020, the city of Calgary experienced a devastating hail event, one of the top 10 insurance losses in Canadian history. The hailstorm was responsible for 1.3 billion Canadian dollars in damages as of January 2021[1], though it’s possible actual damages are much higher now that many mor...

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...

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 23, 2021

4 Ways for Insurers to Reduce Losses During Severe Storms

Managing Overall Loss Cost While Keeping Customer Satisfaction High BY PASCAL BEGIN AND SAUMI SHOKRAEE INSURANCE, NATURAL HAZARD With the nation grappling from a seemingly endless array of severe weather events like tornadoes, hail and extreme wind, it is more important than e...

March 17, 2021

Severe Weather Outbreak in the Southeast U.S

A significant severe weather and tornado outbreak will occur today, Wednesday, March 17th across portions of the Southeast United States. A strong upper level storm system moving into the Southern Plains has drawn rich low level moisture northward across portions of Arkansas, Tennessee, Louisiana...