Agent & Broker News

Impact Forecasting Weekly Cat Report: 05/13/22


Current Catastrophe and Meteorology News

Download Report

United States: Severe Convective Storm

After generating widespread impacts across the Plains on May 4-5, a slow-moving upper-level low resulted in torrential rainfall and severe convective storms (SCS) in the Southeast, Appalachians, and Mid-Atlantic between May 6-7 before lingering offshore from the Carolinas. Hazards included hundreds of reports of severe straight-line winds, isolated tornadoes, and large hail. Furthermore, notable flash-flooding occurred in West Virginia. Subsequently, a succession of disturbances continued an active SCS pattern across the Plains and Upper Midwest through May 12 – localities in Minnesota were particularly affected by the storms. Total economic and insured losses were expected to each reach into the hundreds of millions (USD).

Additional natural hazard events in this report included flooding in Brazil, Afghanistan, Pakistan, Thailand, China, Australia, the United States, and Canada; Tropical Cyclone Asani in India and Bangladesh; and wildfires in Russia and the United States.

Share this Post:
Posted by IRL Staff


ad ad

Related articles

Patrick Rastiello joins Ardonagh Specialty to lead North America Reinsurance expansion

Ardonagh Specialty has appointed Patrick Rastiello as CEO* of its North American reinsurance operations.   Patrick will be responsible for building Ardonagh Specialty’s US reinsurance...

Global Markets Overview: February 2024

In this Global Markets Overview, we explore our global outlook and share what we think it means for 2024. As...


Risk Management Trailblazer Presented with RIMS Highest Honor for Lifetime Achievement in Risk Management  NEW YORK (February 13, 2024) – At the RIMS New Zealand and Pacific Island...

Insurer’s Lease More Than Doubles Its Chicago Office Space

Sompo International Plans Move to 46-Story Tower at 155 N. Wacker A global specialty insurance provider is more than doubling the size of its Chicago office in a move a few blocks north, bucking the trend...

Haynes and Boone, LLP is pleased to announce that Peter A. Halprin has joined the firm as a Partner

Haynes and Boone, LLP is pleased to welcome Insurance Recovery Partner Peter A. Halprin to the firm’s New York City office. A Chambers USA-ranked attorney, Peter joins from Pasich LLP, where...

LIO Specialty Launches Revolutionary Online Portal for Life Science Insurance Solutions

Leading the Excess and Surplus Lines Market with Innovative Coverage for Cannabis and Nutraceutical Industries  West Conshohocken, PA– LIO Specialty Insurance Company proudly announces the launch...