In a rapidly changing world where the challenges posed by natural catastrophes continue to grow, staying informed is more crucial than ever. (Re)insurers, brokers, capital markets, government agencies, and academia use Moody’s deep insights for real-time event preparation and response, parametric insurance contracts triggers, validation against experience, and research.
event summary
The remnants of Arthur produced heavy rainfall across Texas, Louisiana, Mississippi, Alabama, and Florida on Thursday June 18, which led to widespread and damaging urban and flash flooding. The system also spawned multiple EF-1 tornadoes in and around New Orleans, Louisiana. In Louisiana, significant street level flooding was reported. At least 200 homes in Avoyelles Parish were flooded and more than a dozen homes were damaged in Jefferson Parish. A trailer park in Perkinston, Stone County, Mississippi required evacuation as floodwaters reached head-height after Mill Creek overflowed its banks. Extensive street level flooding and one fatality was also reported in the state. The remnants of Arthur are expected to continue to bring heavy rainfall to Mississippi, Alabama, Georgia, Florida, and the Carolinas today, Friday June 19, and over the weekend. The latest National Hurricane Center (NHC) forecast indicates a low chance of Arthur reforming into a tropical storm over the North Atlantic
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event summary
At 03:27 UTC (10:27 local time) on Tuesday June 16, an earthquake of moment magnitude Mw6.7 struck 26.7 mi (43 km) east-southeast of Palu, Central Sulawesi, Indonesia, at a depth of 6.21 mi (10 km), according to the United States Geological Survey (USGS). The earthquake was felt widely across Central Sulawesi, particularly in Regencies of Sigi, Posso, Donggala, and Parigi Moutong, and the city of Palu. According to the Indonesian National Board for Disaster Management (BNPB), a total 1,652 homes and 73 public and social infrastructure facilities were reportedly damaged, with Sigi Regency the worst impacted. Damage assessments are ongoing.
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event summary
Potential Tropical Cyclone One is currently just offshore Texas, 35 mi (55 km) southeast of Port O'Connor, Texas, and is tracking northeast at 6 mph (9 km/hr). It has maximum sustained wind speeds of 30 mph (45 km/hr). The system is forecast to move northeast along the Middle Texas Coast and strengthen into a tropical storm later today, Wednesday June 17; once named, it will be known as Tropical Storm Arthur. The system is expected to move inland over southwest Louisiana as a tropical storm later today or overnight into Thursday June 18. Tropical storm-force winds are expected to impact Louisiana and have the potential to impact Texas tonight. The system is expected to bring heavy rainfall with the potential for life-threatening flash flooding. Up to 10 in (250 mm) of rainfall is expected through Friday across parts of Louisiana, Mississippi, Alabama, Georgia, Florida, and the Upper Texas Coast, with potential for 20 in (500 mm) in isolated areas. Ongoing heavy rain could prolong this threat over the weekend
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event summary
An outbreak of severe convective storms across the Southern, Central, and Eastern U.S. between Tuesday June 9 and Saturday June 13 produced damaging hail, tornadoes, and straight-line winds across more than 25 states. The outbreak produced large hail and straight-line winds that have damaged multiple structures and vehicles across parts of North Dakota, South Dakota, Illinois, Wisconsin, Iowa, Nebraska, Michigan, Wisconsin, and Ohio. Damaging tornadoes have been reported in Illinois, Indiana, and Missouri, including three EF-3 rated tornado that caused damage to multiple homes, outbuildings, and agricultural buildings across Illinois and Indiana. Initial media reports indicate that 44 houses were severely damaged and 35 sustained minor damage from the EF-3 rated Streator Tornado in Illinois, while at least 200 properties sustained some level of damage from an EF-2 rated tornado in Lake County, Indiana. As of Tuesday June 16, the Storm Prediction Center (SPC) has received a total of 1,452 filtered storm reports, including 1,237 straight-line wind reports, 136 hail reports, and 79 tornado reports
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