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Canadian farmers turn to specialized forecasting in face of rising extreme weather threat

August 15, 2017 Ian Bickis - THE CANADIAN PRESS

CALGARY – In an industry that lives and dies by the weather, farmers like Dwight Foster are looking for all the help they can get to know what’s coming. “We use every tool in the toolbox we can get our

News CatastrophesEarnings / RatingsInsuranceMergers and Aqcuisitions

Allstate estimates June catastrophe losses at US$335 million

July 24, 2017 by Canadian Underwriter

The Allstate Corp. announced July 20 it estimates its catastrophe losses for the three months ending June 30 will be $993 million, pre-tax, of which $310 million is from 17 events in June alone. Northbrook, Ill.-based Allstate reported in August,

News CatastrophesInsuranceMergers and Aqcuisitions

Storms pummel central U.S., as tornadoes kill at least two

May 17, 2017 The Associated Press (APR)

ELK CITY, Okla. – Storms whipped through a wide swath of the central U.S., forming tornadoes that flattened a Wisconsin mobile home park and an Oklahoma subdivision and killing at least two people and injuring dozens of others. The storms

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Q1 claims and claims expense ratio improved 5.6 points for Allstate

May 10, 2017 by Canadian Underwriter

For the second year in a row, hail in Texas in March has cost The Allstate Corp. millions of dollars in claims and claims expenses. Northbrook, Ill.-based Allstate released May 2 its financial results for the first three months of

News CatastrophesConstructionInsuranceMergers and Aqcuisitions

U.S. Midwest, South recovering after deadly weekend storms

May 1, 2017 The Associated Press

ATLANTA – Parts of the Midwest and the South were recovering Monday after a weekend round of storms, winds, hail and isolated tornadoes killed at least 14 people. And a chance remained for more severe weather in the South. Parts

News CatastrophesInsuranceMergers and Aqcuisitions

Southern U.S. crop losses from March storm could exceed $1 billion: Aon

April 7, 2017 by Canadian Underwriter

A weather system that brought sub-freezing temperatures to South Carolina and Georgia, as well as heavy rains in Peru were among the catastrophes with economic losses exceeding $1 billion in March, Aon plc’s Impact Forecasting unit reported Friday in its

News CatastrophesInsuranceMergers and Aqcuisitions

Slower winds in forecast could aid crews battling wildfires

March 9, 2017 Heather Hollingsworth - THE ASSOCIATED PRESS

KANSAS CITY, Mo. – The winds fueling deadly wildfires that scorched vast swathes of land in four Plains states finally dropped Thursday, bringing hope to crews trying to contain the blazes. Emergency personnel warned, however, that extremely dry conditions and

News CatastrophesInsuranceMarkets / Coverages

After new energy regulations, Oklahoma’s earthquake rate drops

November 30, 2016 Seth Borenstein - THE ASSOCIATED PRESS

WASHINGTON – The rate of earthquakes in Oklahoma has dropped dramatically since late May, when the state limited wastewater injections into energy wells, an Associated Press statistical analysis shows. And a new scientific study says the state is on its

News CatastrophesInsurance

Tornadoes cause serious damage in Kansas

July 10, 2016 THE ASSOCIATED PRESS

EUREKA, Kan. – Tornadoes ripped through southeast Kansas late Thursday, causing widespread damage in a small town, though no injuries have been reported. The National Weather Service said Friday that preliminary data show that an EF2 tornado on Thursday night

News CatastrophesInsuranceMergers and Aqcuisitions

Floods in Texas, Kansas leave at least 6 dead, 2 missing

May 30, 2016 Michael Graczyk - THE ASSOCIATED PRESS

HOUSTON – Authorities in central Texas have found two more bodies along flooded streams, bringing the death toll from flooding in the state to six. It was unclear Sunday whether a body found in Travis County near Austin is one

News CatastrophesInsuranceMergers and Aqcuisitions

Kansas residents clean up but more storms forecast

May 26, 2016 The Associated Press

CHAPMAN, Kan. – Kansans cleaned up from a series of tornadoes Thursday, including a monster storm that rumbled across the landscape for 90 minutes, while forecasters warned that the state would likely see more bad weather later in the day.

News CatastrophesInsurance

Crews fighting Kansas wildfires get assist from snow, rain

March 28, 2016 The Associated Press

KANSAS CITY, Mo. – Firefighters grappling with the biggest wildfire in Kansas history got a welcomed Easter assist from pre-dawn snowfall over the hardest-hit area, though the looming prospect of flame-fanning winds threatened to undermine the effort. The National Weather