To answer the original question, yes. I never really heard the term until within the last 20 years; now it's discussed every year, and some years is just brutal. Really, I just attribute this to larger extremes in the climate; the summers are hotter (thus the conversion from bent to bermuda hybrids on greens) and the winters are wetter and colder (thus winter kill). I don't mean to politicize this in ANY way, but I'm 67 and have lived my entire life in the Southeast; this is NOT the climate I grew up in.
I don't think there will be much this year, but in the winter of 2018, we had an epic cold spell in the Southeast from just before Christmas into late January. There were courses that had to keep their bermuda greens covered for over three week straight, during which there was also a large snowfall that hung around on the ground for an unusually long time.
IMO, the winter kill had literally nothing to do with the budget of the golf courses. I saw really top end places that got hammered, and lowest budget munis that were unharmed. And I saw the reverse as well. There was no rhyme or reason to it; it seemed like every course was sort of a micro climate.