Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Aon/Albert G. Ruben Finds Improved Conditions for Filmmakers
Jun 12 2007 // Editor’s Note: An earlier version of this article quoted Chris Palmer of Aon. Palmer is no longer with Aon, but instead is employed by CMM Entertainment. Insurance Journal regrets the error. Economic and political...
Tenn. Businesses Protect Coastal Operations from Storms
Jun 12 2007 // It took O’Charley’s regional operations director in Hattiesburg, Miss., most of a week to get in touch with the restaurant chain’s Nashville, Tenn. headquarters after Hurricane Katrina pounded the Gulf...
Guy Carp Publishes Global Terror Insurance Market Study
Jun 12 2007 // Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published a new study on the “Global Terror Insurance Market.” It contains information from...
EQECAT Provides Caribbean Cat Risk Assessment
Jun 12 2007 // Oakland, Calif.-based EQECAT, Inc., a subsidiary of ABSG Consulting, has provided the hurricane and earthquake risk assessment, and the design of the parametric insurance contracts for the formation and operation of the...
Ill. Group Offers New Information on Terrorism Loss Costs, Rating Factors
Jun 12 2007 // Wheaton, Ill.-based the American Association of Insurance Services (AAIS) recently announced that it will initiate a countrywide filing of new Businessowners (BOP) manual supplements that include new terrorism loss costs...
S.C. Insurance Director Proud of Hurricane Legislation
Jun 8 2007 // On Wednesday the South Carolina House of Representatives agreed to Senate changes to coastal omnibus hurricane legislation, which included extending the notice for homeowners whose insurance would be canceled to 90 days...
Iowa Governor Seeks Federal Aid for Tornado Damage
Jun 7 2007 // Iowa Gov. Chet Culver said he will request federal funds to help eastern Iowa recover from tornadoes that struck last week. Culver said he will seek Presidential Disaster Declarations for Louisa and Muscatine counties,...
S.C. Governor Expected to Sign Hurricane Mitigation Bill
Jun 7 2007 // The South Carolina House has concurred with the Senate on the so-called coastal property omnibus bill and forwarded it to the governor who is expected to sign the legislation. HB 3820 includes a limited expansion of the...
Consumer Group Challenges Fireman’s Fund’s Calif. Earthquake Rates
Jun 6 2007 // Consumer advocates have filed a challenge to block a proposed 25 percent increase in Fireman’s Fund’s earthquake insurance rates in a move that they say could save each of the company’s earthquake...
Aging, Skyscrapers, Malls Place Japan at Higher Risk of Disaster
Jun 6 2007 // Japan’s vulnerability to natural disasters is increasing as skyscrapers mushroom in cities, shopping malls go underground and the population ages, a recent government report said. While earthquakes are a primary...
New Corps Chief Says He’s Committed to Rebuilding New Orleans
Jun 5 2007 // A year after his predecessor acknowledged the Army Corps of Engineers’ responsibility for the catastrophic flooding in Hurricane Katrina, the newly appointed head of the agency toured this still-battered city May 31...
Katrina-Like Storm Could Wipe Out N.C.’s Outer Banks, Experts Warn
Jun 5 2007 // For more than 200 years, the Cape Hatteras Lighthouse has guided sailors through the “graveyard of the Atlantic” — the shallow shores of North Carolina’s Outer Banks. But not even the nation’s...
Earthquake Rattles New Hampshire Seacoast
Jun 5 2007 // New Hampshire’s Emergency Management Agency says a mild earthquake shook the state’s Seacoast area June 2. Many residents called police to report hearing explosions and authorities were trying to figure out...
Alabama in Hurricane Readiness Mode
Jun 4 2007 // With Katrina memories still fresh, Alabama Gulf Coast residents have begun stockpiling ice, water, food and other supplies just in case this hurricane season turns ugly. FEMA also will have disaster relief supplies stored...
Tropical Storm Barry Brings Rain, Strong Winds, Heavy Surf to Florida
Jun 4 2007 // Tropical Storm Barry, since downgraded to a tropical depression, brought heavy rain to a parched Florida early Saturday, along with strong winds and heavy surf along the state’s Gulf coast. Rain was falling...
Why the United States must make TRIA permanent
Jun 4 2007 // It is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and why I believe we must act again to establish a more permanent federal initiative to provide coverage from potential...
Hurricane forecasters agree: busy season ahead
Jun 4 2007 // Weather forecasters differ somewhat in their methodologies and numbers but appear to agree on one matter: the 2007 hurricane season looks to be a busy one along the Atlantic and Gulf coasts. They predict that anywhere from...
Why the United States must make TRIA permanent
Jun 4 2007 // It is important to take a moment to talk about the importance of the Terrorism Risk Insurance Act and why I believe we must act again to establish a more permanent federal initiative to provide coverage from potential...
Hurricane forecasters agree: busy season ahead
Jun 4 2007 // Weather forecasters differ somewhat in their methodologies and numbers but appear to agree on one matter: the 2007 hurricane season looks to be a busy one along the Atlantic and Gulf coasts. They predict that anywhere from...
RMS withdraws 5-year hurricane model from Fla.
Jun 4 2007 // Risk Management Solutions has withdrawn a short-term, five-year hurricane forecasting model submitted for approval to Florida officials after being told the model did not meet required standards. Mitch Sattler, RMS vice...
