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Earthquakes triggered by oil and gas activity have been happening in Texas since at least 1925, new study says

May 20, 2016 by Canadian Underwriter

Earthquakes triggered by oil and gas activity have been happening in Texas since at least 1925, and they have been widespread throughout the state ever since, according to a new historical review published online. A Historical Review of Induced Earthquakes

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Third Texas hail storm in less than a month could push state’s year-to-date damage beyond nine-year average for U.S.: A.M. Best

April 25, 2016 by Canadian Underwriter

Texas’s third major hail storm in less than a month on Apr. 11 could push the state’s damage so far this year to beyond the nine-year average of US$1.2 billion for the whole of the United States, notes a report

News CatastrophesInsuranceMergers and Aqcuisitions

Houston, Texas airport has second wettest day on record: RMS

April 21, 2016 by Canadian Underwriter

Weather events this week in Texas may be producing “one of the most severe flood events” in history, in Houston, not caused by a tropical cyclone Risk Management Solutions Inc. stated Thursday. The Associated Press reported that the Houston area

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Record rainfall in Texas prompts extensive flash flooding

April 19, 2016 by Canadian Underwriter

Record rainfall prompted extensive flash flooding across parts of Texas on Monday, closing schools and city offices and overtopping levees, Impact Forecasting said in an Aon Cat Alert. Impact Forecasting, Aon Benfield’s catastrophe model development team, said in the alert