wind vs. water News

Texas Seeking Professionals for Windstorm Model Peer Review

The Texas Department of Insurance (TDI) is seeking professionals to conduct a peer review of a model developed to determine causes of insured losses on the coast. The model was developed by an expert panel appointed to advise the Texas …

TWIA Expert Panel Working on Methods to Assess Wind/Water Property Loss

A panel studying methods to assess property loss incurred as a result of wind versus water forces along the Texas coast expects to have the first of four study components ready for consideration next month. The mission of the Texas …

Mississippi Court Overturns Insurer’s Win in Katrina Wind vs. Water Case

The Mississippi Supreme Court has overturned a judgment for an insurance company in a wind vs. water case involving a Pascagoula home hit by 6.3 feet of storm surge during Hurricane Katrina in 2005. The National Flood Insurance Program paid …

Mississippi High Court Due to Rule in Wind-Water Insurance Case

A decision is pending from the Mississippi Supreme Court in another wind vs. water case, this one involving a Pascagoula home subjected to 6.3 feet of storm surge. The National Flood Insurance Program paid Jackson County sheriff’s deputy Michael Robichaux …

Irene Water Damage Worse Than Wind: Ipsos/Reuters Poll

The number of people in the Northeastern United States who suffered water damage from Hurricane Irene is more than double the number who suffered wind damage, an Ipsos/Reuters poll showed Thursday. Yet two weeks after the storm struck, only 6 …

Senate Will Consider Wind vs. Water Formula

Senate leaders have agreed to consider a provision designed to help settle wind versus water claims in a more timely and equitable manner as part of reauthorization of the federal flood insurance program. The provision’s sponsor, Sen. Roger Wicker, R.-Miss., …

Senate Bill Would Set Wind-Vs.-Water Insurance Claim Formula

A U.S. senator from Mississippi is introducing a bill that tries to resolve wind-versus-water insurance disputes for structures wiped out by hurricanes. Republican Roger Wicker said that his bill would establish a formula to determine how much property loss is …