Category Archives: Severe Convective Storm

Nonprofit to Rescue NOAA Billion-Dollar Dataset

A climate nonprofit plans to revive a key federal database tracking billion-dollar weather and climate disasters that the Trump Administration stopped updating in May, Bloomberg reported.

The database captures the financial toll of increasingly intense weather events and was used by insurers and others to understand, model, and predict weather perils across the United States. Dr. Adam B. Smith, the former NOAA climatologist who spearheaded the database for more than a decade, has been hired to manage it for the nonprofit, Climate Central.

NOAA in May announced it would stop tracking the cost of the country’s most expensive disasters, those which cause at least $1 billion in damage – a move that would leave insurers, researchers, and government policymakers with less reliable information to help understand the patterns of major disasters like hurricanes, drought or wildfires, and their economic consequences.

Climate Central plans to expand beyond the database’s original scope by tracking disasters as small as $100 million and calculating losses from individual wildfires, rather than simply reporting seasonal regional totals.

A record 28 billion-dollar disasters hit the United States in 2023, including a drought that caused $14.8 billion in damages. In 2024, 27 incidents of that scale occurred. Since 1980, an average of nine such events have struck in the United States annually.

This summer – amid deadly wildfires and floods – the Trump Administration has appeared to be rolling back some of its DOGE-driven NOAA funding cuts. NOAA recently announced that it would be hiring 450 meteorologists, hydrologists, and radar technicians for the National Weather Service (NWS), after having terminated over 550 such positions in the already-understaffed agency in the spring.

In addition, the administration’s announced termination of the Building Resilient Infrastructure and Communities (BRIC) program — run by the  Federal Emergency Management Agency (FEMA) — has been held up by a court injunction while legislators debate its future.  Congress established BRIC through the Disaster Recovery Reform Act of 2018 to ensure a stable funding source to support mitigation projects annually. The program has allocated more than $5 billion for investment in mitigation projects to alleviate human suffering and avoid economic losses from floods, wildfires, and other disasters.

Regarding the rescue of the NOAA dataset, Colorado State University researcher and Triple-I non-resident scholar Dr. Phil Klotzbach said, “The billion-dollar disaster dataset is important for those of us working to better understand the impacts of tropical cyclones. It uses a consistent methodology to estimate damage caused by natural disasters from 1980 to the present and was a critical input to our papers investigating the relationship between landfalling wind, pressure and damage. I’m very happy to hear that this dataset will continue!”

Learn More:

Some Weather Service Jobs Being Restored; BRIC Still Being Litigated

2025 Cat Losses to Date Are 2nd-Costliest Since Records Have Been Kept

CSU Sticks to Hurricane Season Forecast, Warns About Near-Term Activity

Russia Quake Highlights Unpredictability of Natural Catastrophes

Texas: A Microcosm of U.S. Climate Perils

Louisiana Senator Seeks Resumption of Resilience Investment Program

BRIC Funding Loss Underscores Need for Collective Action on Climate Resilience

JIF 2025: Federal Cuts Imperil Resilience Efforts

Some Weather Service Jobs Being Restored;
BRIC Still Being Litigated

Amid a summer full of deadly fires and storm-related flooding, the Trump Administration appears to be rolling back some of the spending cuts imposed upon the National Weather Service (NWS) by the Department of Government Efficiency (DOGE).

The National Oceanic and Atmospheric Administration (NOAA) – of which NWS is a part – announced at an internal all-hands meeting earlier this month that they will hire 450 meteorologists, hydrologists, and radar technicians. CNN reported the announcement, citing an unnamed NOAA official. In jointly timed press releases, Congressmen Mike Flood and Eric Sorensen (D-Ill.) and Mike Flood (R-Neb.) acknowledged the planned hirings.

While the decision is welcome news, both congressmen continued to urge their colleagues to pass their bipartisan Weather Workforce Improvement Act to ensure these positions will remain permanent and not be subject to any future reductions. 

“For months, Congressman Flood and I have been fighting to get NOAA and NWS employees the support they need in the face of cuts to staff and funding,” Sorenson said. “Hundreds of unfilled positions have caused NWS offices across the country to cancel weather balloon launches, forgo overnight staffing, and force remaining meteorologists to overwork themselves.”

“For decades the National Weather Service has helped keep our communities safe with accurate and timely forecasts,” said Flood, adding that the NOAA announcement “sends a message that they’re focused on strengthening the NWS for years to come.”  

NOAA and FEMA cuts raised fears

It’s not just the NOAA and NWS cuts that have raised concerns. On April 4, 2025, the Federal Emergency Management Agency (FEMA) announced that it would be ending its Building Resilient Infrastructure and Communities (BRIC) program and cancel all BRIC applications from fiscal years 2020-2023. Congress established BRIC through the Disaster Recovery Reform Act of 2018 to ensure a stable funding source to support mitigation projects annually. The program has allocated more than $5 billion for investment in mitigation projects to alleviate human suffering and avoid economic losses from floods, wildfires, and other disasters.

At the time, Chad Berginnis, executive director of the Association of State Floodplain Managers (ASFPM), called the decision to terminate BRIC “beyond reckless.”

 “Although ASFPM has had some qualms about how FEMA’s BRIC program was implemented, it was still a cornerstone of our nation’s hazard mitigation strategy, and the agency has worked to make improvements each year,” Berginnis said. “Eliminating it entirely — mid-award cycle, no less — defies common sense.”

Resilience investment is key to long-term insurance availability and affordability.  Average insured catastrophe losses have been on the rise for decades, reflecting a combination of climate-related factors and demographic trends as more people have moved into harm’s way.

Efforts have been made to save BRIC, and a U.S. District Judge in Boston recently granted a preliminary injunction sought by 20 Democrat-led states while their lawsuit over the funding moves ahead. Judge Richard G. Stearns ruled the Trump Administration cannot reallocate $4 billion meant to help communities protect against natural disasters.

In his ruling, Stearns said he was not convinced Congress had given FEMA any discretion to redirect the funds. The states had also shown that the “balance of hardship and public interest” was in their favor.

“There is an inherent public interest in ensuring that the government follows the law, and the potential hardship accruing to the States from the funds being repurposed is great,” Stearns wrote. “The BRIC program is designed to protect against natural disasters and save lives.”

Learn More

2025 Cat Losses to Date Are 2nd-Costliest Since Records Have Been Kept

Russia Quake Highlights Unpredictability of Natural Catastrophes

JIF 2025: Federal Cuts Imperil Resilience Efforts

Louisiana Senator Seeks Resumption of Resilience Investment Program

Texas: A Microcosm of U.S. Climate Perils

BRIC Funding Loss Underscores Need for Collective Action on Climate Resilience

Weather Balloons’ Role in Readiness, Resilience

ClimateTech Connect Confronts Climate Peril From Washington Stage

2025 Cat Losses to Date
Are 2nd-Costliest Since Records Have Been Kept

Global insured losses from natural catastrophes reached $80 billion in the first six months of 2025 alone, making it the second-costliest first half on record since data collection began decades ago, according to reports by reinsurance giants Munich Re and Swiss Re.

Both reports called out the devastating wildfires that swept through Los Angeles County in January as the single most destructive event to date, with both firms estimating that these fires caused $40 billion in insured losses.

What makes these disasters particularly alarming is their timing and location. Both reports emphasized that the Los Angeles fires occurred during California’s normally wet winter season, when such massive blazes are typically unheard of. This seasonal shift represents a troubling new pattern, in which dangerous fire conditions persist year-round, rather than just during traditional fire season.

The reports also agree that severe thunderstorms across the American Midwest and South continued to cause billions in additional damage throughout spring, reinforcing how weather-related disasters are becoming both more frequent and more costly as communities expand into high-risk areas.

Swiss Re and Munich Re both identify the same underlying drivers making these disasters so expensive: More people are building homes and businesses in dangerous areas like wildfire-prone zones and tornado alleys, while climate change is making extreme weather events more intense and unpredictable.

The reports agree that this combination of increased development in risky locations and worsening weather conditions means that what happened in the first half of 2025 is likely just a preview of even costlier disasters to come, unless communities take serious steps to build more resilient infrastructure and avoid construction in the most hazardous areas.

Cat losses and replacement costs

Swiss Re emphasized the growing wildfire threat, pointing out that, before 2015, wildfires on average contributed around 1 percent of the total insured losses from all natural catastrophes worldwide.

“In the last 10 years, this has risen to 7 percent, the costliest periods being a two-year stretch of 2017‒18, and to a lesser extent 2020,” the report said.

Swiss Re also points to severe impact of post-pandemic construction cost inflation, noting that “construction costs rose by 35.64 percent from January 2020 to June 2025, directly impacting property claims costs.”  These higher costs to repair and replace property significantly increase the financial impact of each disaster.

“The best way to avoid losses is to implement effective preventive measures, such as more robust construction for buildings and infrastructure to better withstand natural disasters,” said Thomas Blunck, a member of Munich Re’s Board of Management. “Such precautions can help to maintain reasonable insurance premiums, even in high-risk areas. And most importantly: to reduce future exposure, new building development should not be allowed in high-risk areas.”

Swiss Re cautions that climate change is creating more volatile and unpredictable loss patterns, making catastrophe losses “more difficult to predict.” Together, these trends suggest the U.S. insurance market must prepare for sustained pressure on pricing and availability, particularly in high-risk coastal and wildland-urban interface regions.

Learn More:

Russia Quake Highlights Unpredictability of Natural Catastrophes

Texas: A Microcosm of U.S. Climate Perils

Triple-I Brief Highlights Wildfire Risk Complexity

BRIC Funding Loss Underscores Need for Collective Action on Climate Resilience

P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects

Data Granularity Key to Finding Less Risky Parcels in Wildfire Areas

California Finalizes Updated Modeling Rules, Clarifies Applicability Beyond Wildfire

2025 Tornadoes Highlight Convective Storm Losses

Severe Convective Storm Risks Reshape U.S. Property Insurance Market

Modern Building Codes Would Prevent Billions in Catastrophe Losses

Texas: A Microcosm
of U.S. Climate Perils

Devastating flooding in central Texas over the July 4, 2025, weekend highlighted several aspects of the state’s risk profile that also are relevant to the rest of the country, according to the latest Triple-I Issues Brief. One is the rising incidence of severe inland flooding related to tropical storms.

Tropical Storm Barry made landfall in Mexico on June 29 and weakened quickly, but its remnant moisture drifted northward into Texas, according to Dr. Phil Klotzbach, a research scientist in the Department of Atmospheric Science at Colorado State University and a Triple-I non-resident scholar.

“A slow-moving low-pressure area developed and helped bring up the moisture-rich air rom Barry and concentrated it over the Hill Country of central Texas,” Klotzbach said. “The soil was also extremely hard from prior drought conditions, which exacerbated the flash flooding that occurred.”

Such flooding far from landfall has become more frequent and severe in recent years.  In Texas – as in much of the United States, particularly far from the coasts – few homeowners have flood insurance. Many believe flood damage is covered by their homeowners’ or renters’ insurance. Others believe the coverage is not worth buying if their mortgage lender doesn’t require it.  In Kerr County, where much of the July 4 flooding took place, flood insurance take-up rates through the National Flood Insurance Program (NFIP) were 2.5 percent.

Convective storms, fires, and freezes

But tropical storms aren’t always the impetus for flooding. In July 2023, a series of intense thunderstorms resulted in heavy rainfall, deadly flash floods, and severe river flooding in eastern Kentucky and central Appalachia. The conditions that lead to such severe convective storms also are prevalent in Texas.

Severe convective storms are a growing source of losses for property/casualty insurers. According to Gallagher Re, severe convective storm events in 2023 and 2024 “have cost global insurers a remarkable US$143 billion, of which US$120 billion occurred in the U.S. alone.”

Given its aridity and winds, it should be no surprise that Texas is highly subject to wildfire – but the state also has been increasingly prone to severe winter storms and debilitating freezes. On Valentine’s Day 2021, snow fell across most of Texas, accumulating as temperatures stayed below freezing and precipitation continued through the night. A catastrophic failure of the state’s independent electric grid exacerbated these conditions as snow and ice shut down roads and many homes suffered pipe bursts and multiple days without power.

Texas’s 2021 experience illustrates how grid instability can act as a “risk multiplier” for natural disasters. The entire U.S. electric power grid is increasingly vulnerable as the infrastructure ages and proliferating AI data centers increase demand.  

Need for data and collaboration

The severe damage and loss of life from the July 4 flooding have naturally raised the question of whether the Trump Administration’s reductions in National Weather Service  staffing contributed to the high human cost of this event. While it is hard to say with certainty, these cuts have affected how NWS works – for example, in its use of weather balloons to monitor weather. As early as April, staffing data gathered by NWS indicated that field offices were “critically understaffed”.

In June, panelists at Triple-I’s Joint Industry Forum expressed concern about the impact of the federal cuts on weather monitoring and modeling, as well as programs to help communities adequately prepare for and recover from disasters. Triple-I has published extensively on the need for insurers to shift from exclusively focusing on repairing and replacing property to predicting events and preventing damage.

Collective action at all levels – individual, commercial, and government – is needed to mitigate risks, build resilience, and reduce fraud and legal system abuse. Triple-I and its members are committed to fostering such action and regularly provide data and analysis to inform the necessary conversations.

Learn More:

Triple-I Brief Highlights Rising Inland Flood Risk

Hurricane Helene Highlights Inland Flood Protection Gap

JIF 2025: Federal Cuts Imperil Resilience Efforts

Weather Balloons’ Role in Readiness, Resilience

ClimateTech Connect Confronts Climate Peril From Washington Stage

BRIC Funding Loss Underscores Need for Collective Action on Climate Resilience

JIF 2024: Collective, Data-Driven Approaches Needed to Address Climate-Related Perils

Texas Winter Storm Costs Raise Extreme-Weather Flags for States, Localities

Insurance Affordability, Availability Demand Collaboration, Innovation

By Lewis Nibbelin, Contributing Writer, Triple-I

Insurance industry executives and thought leaders gathered yesterday for Triple-I’s Joint Industry Forum (JIF) in Chicago to discuss the trends, economics, geopolitics, and policy influencing the market today, as well as ways to navigate these complexities while focusing on making their products affordable and available for consumers.

Triple-I CEO Sean Kevelighan in his opening remarks, noted that effective risk management depends on collaboration across stakeholder groups, as interconnected perils “present a community problem, not just an industry problem.”

JIF keynote speaker Louisiana Insurance Commissioner Tim Temple said facilitating community resilience planning is a top priority for the National Association of Insurance Commissioners (NAIC). The NAIC’s 2025 initiative  – “Securing Tomorrow: Advancing State-Based Regulation” – aims to improve disaster mitigation and recovery by consolidating “the collective expertise of experienced state regulators from across the country, who can share real-time insights and proven strategies,” Temple said.

Among the initiative’s goals is aggregating more data from insurers to better understand challenges to affordability and availability on state levels, which the NAIC can then translate into actionable policy proposals. Such data calls, Temple said, help regulators, legislators, and policyholders focus on improving the cost drivers of insurance rates.

Louisiana has consistently been among the least affordable states for homeowners and auto insurance, according to the Insurance Research Council (IRC), in part because of its reputation for being plaintiff-friendly in civil litigation. Significant tort legislation has been approved in the state, but resistance to reform remains a challenge.

Getting to the roots of high premiums

 After a recent data call in his home state, Temple told the JIF audience, “For the first time in Louisiana, we’re not talking about only premiums. We’re talking about why premiums are where they are.”

A critical lack of transparency surrounding cost drivers persists, however. Temple criticized the National Flood Insurance Program’s Risk Rating 2.0 reforms for not publicly disclosing more information “for individuals and communities to identify and address factors driving up their premiums,” such as “whether increased rates take into account levee systems, pump stations, and other things designed to help mitigate against floods.”

Conversely, government programs like Strengthen Alabama Homes – and the numerous programs it inspired, including in Louisiana – have demonstrated success in communicating the benefits of resilience investments for consumers and policymakers.

“We’re seeing major positive results after just a few short years,” Temple said, noting that, since early 2024, over 5,000 homeowners not chosen for Louisiana’s grant program still decided to invest in the same hazard mitigation, as they may still qualify for the corresponding state-mandated insurance discounts.

“As natural disasters become more frequent and severe, state regulators will continue to drive forward common-sense policies that protect consumers and ensure that insurance remains available and reliable for at-risk communities,” Temple concluded. Developing the database required for such policies is a necessary first step.

Keep an eye on the Triple-I Blog for further JIF coverage.

Learn More

Significant Tort Reform Advances in Louisiana

Louisiana Senator Seeks Resumption of Resilience Investment Program

Louisiana Reforms: Progress, But More Is Needed to Stem Legal System Abuse

Louisiana Is Least Affordable State for Personal Auto Coverage Across the South and U.S.

Who’s Financing Legal System Abuse? Louisianans Need to Know

Study Touts Payoffs From Alabama Wind Resilience Program

Outdated Building Codes Exacerbate Climate Risk

Resilience Investments Paid Off in Florida During Hurricane Milton

2025 Tornadoes Highlight Convective Storm Losses

Tornado activity in 2025 has surged, with more than 1,000 reported tornadoes as of May 28 and outbreaks spreading across nearly every state east of the Rockies this season, according to according to the NOAA Storm Prediction Center.

Researchers have highlighted a shift in both the timing and geography of tornadoes, raising new safety concerns for communities outside the traditional Tornado Alley states.  The widening prevalence of tornado activity has some experts suggesting that the name “Tornado Alley” be retired.

The 1,010 tornadoes reported is almost 40 percent higher than the 15-year average of 727 tornadoes for the same period. Mississippi leads with 97 tornado reports, followed by Illinois (93), Missouri (89), and Texas (87), according to AccuWeather.

Severe convective storms – which include tornadoes – are among the most common, most damaging natural catastrophes in the United States. The result of warm, moist air rising from the earth, they manifest in various ways, depending on atmospheric conditions – from drenching thunderstorms with lightning, to tornadoes, hail, or destructive straight-line winds.

In 2024, according to Gallagher Re, the economic cost solely from weather and climate events was approximately $402 billion ($151 billion insured).  At least 41 percent of insured losses ($64 billion) resulted from severe convective storms.

So far this year, Gallagher said, the United States has recorded at least eight separate billion-dollar insured loss events from SCS activity so far in 2025. This compares to 13 such events by the end of May in 2024, 11 in 2023, six in both 2022 and 2021, and 12 in 2020.

 In addition to tornadoes, Gallagher said, large hail – measuring two inches or more in diameter – was a major factor in driving losses.

Learn More:

Severe Convective Storm Risks Reshape U.S. Property Insurance Market

Triple-I/Milliman: Severe Convective Storms Restrain P&C Growth

Triple-I Paper Looks at Convective Storms, Mitigation, and Resilience

Some Experts Suggest Retiring the Name “Tornado Alley”

Triple-I Facts + Statistics: Tornadoes and Thunderstorms

Hail: The “Death by 1,000 Paper Cuts” Peril

Triple-I Issues Brief: Severe Convective Storms (Members Only)