Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Lloyd’s Report Warns of Threats from ‘Political Violence’
May 10 2007 // A new report from Lloyd’s and the Economist Intelligence Unit (EIU) has found that global businesses are becoming increasingly concerned about risks from political violence. However, too little has been done to...
Travelers Establishes Multi-Year Catastrophe Bond Program
May 9 2007 // The Travelers Companies, Inc. has set up a multi-year catastrophe bond program to provide reinsurance protection for its insurance subsidiaries for losses resulting from hurricanes and certain other catastrophes in the...
Miss. Deals with Simulated Cat 3 Hurricane during Preparation
May 9 2007 // A simulated Category 3 hurricane hit the Mississippi Gulf Coast on Tuesday, and emergency operations officials said the drill could highlight the strengths – and weakness – in the state’s hurricane...
Fla. University and AIR Work toward Understanding of Hurricane Vulnerabilities
May 8 2007 // AIR Worldwide Corporation is collaborating with the International Hurricane Research Center and the College of Engineering and Computing at Florida International University and will fund the installation of the “AIR...
Declarations
May 7 2007 // Sometimes a plaintiff “While the state is often a defendant in civil cases, and we welcome reform efforts in many regards, it is important to remember that the state is sometimes a plaintiff. … Our ability to...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Climate Change: The potential insurance costs and what’s being done
May 7 2007 // Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the...
Key subcommittee chairman favors six to eight-year terrorism insurance extension
May 7 2007 // Insurance industry pushes for longer period with some in favor of 20 years or more In his opening statement as chair of a U.S. House of Representatives subcommittee considering extension of the Terrorism Risk Insurance Act...
Another report details property/casualty insurers’ 2006 profitability, escape from storms
May 7 2007 // Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance industry confirms and details what has been widely acknowledged: a sharp decline in catastrophes in...
Congress should consider ‘guiding principles’ for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Fortified building standards: Gulf Coast market salvation?
May 7 2007 // Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges...
Figures
May 7 2007 // $100 Million Insured losses from the storm that spawned tornadoes and large hail over portions of the Dallas – Fort Worth area on April 13, have been set at approximately $100 million, the Insurance Council of Texas...
Declarations
May 7 2007 // Sometimes a plaintiff “While the state is often a defendant in civil cases, and we welcome reform efforts in many regards, it is important to remember that the state is sometimes a plaintiff. … Our ability to...
Congress should consider ‘guiding principles’ for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism (CIAT) and the American Insurance Association (AIA) jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress...
Congress should consider “guiding principles” for TRIEA
May 7 2007 // The Coalition to Insure Against Terrorism and the American Insurance Association jointly announced on April 24 that the two organizations have agreed on a set of common principles to be considered by Congress as it...
Weather Report
May 7 2007 // Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the...
News Currents
May 7 2007 // Key subcommittee chairman favors six to eight-year terrorism insurance extension Insurance industry pushes for longer period with some in favor of 20 years or more In his opening statement as chair of a U.S. House of...
News Currents
May 7 2007 // Another report details property/casualty insurers’ 2006 profitability, escape from storms Warns falling prices mean profits are at, or are steadily, approaching the cyclical peak Another report on the insurance...
