Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
EFI Global Answers Largest Number of Hurricane Calls Ever
Nov 24 2005 // EFI Global, a provider of forensic engineering, fire investigation, environmental, accident reconstruction and laboratory testing services, continues to deploy experts to the Hurricane ravaged areas of Southeast Texas,...
More Help on the Way for Hurricane Evacuees in Texas
Nov 24 2005 // Evacuees from hurricanes Katrina and Rita living in Texas now have another way to help themselves move toward recovery through the Housing, Employment, Location, and Placement (HELP) Program, which is available from the...
Disaster Recovery Officials on the Prowl for Fraudulent Claims After Hurricanes
Nov 24 2005 // Numerous federal agencies have dispatched teams of special agents to investigate fraudulent claims from Hurricanes Katrina and Rita, according to the U.S. Department of Homeland Security’s Federal Emergency...
Firemen Fight Blaze at Hurricane Wilma Miami-Dade County, Fla. Debris Site
Nov 23 2005 // A four-story high pile of Hurricane Wilma debris caught fire on Wednesday at a staging area on Dove Avenue in Miami Springs, Fla. According to NBC6-TV in Miami, the fire sent a huge plume of smoke into the air over...
Hurricane Issues on Agenda at Fla. Legislators Dec. 5 Event
Nov 23 2005 // Florida Gov. Jeb Bush said state lawmakers will likely deal with some hurricane issues when they meet in a special session beginning Dec. 5. The governor said it would probably make sense to address some hurricane issues,...
Best Study Analyzes Catastrophe Rating Methodology
Nov 22 2005 // A.M. Best Co. has issued a study, which concludes that catastrophic loss, both natural and man-made, is “the number one threat to the financial strength and credit quality of property and casualty insurers due to the...
Big ‘I’ Leader Says Hurricane Response ‘Too Slow;’ Hails Flood Reform, TRIA Progress
Nov 22 2005 // The insurance industry’s response to Hurricanes Katrina and Rita has been “too slow” and the job of adjusting claims is a long way from being completed in the view of the leader of the nation’s...
Iowa Tornadoes Leave 1 Dead, 70 Homes Damaged
Nov 21 2005 // Nearly one week after tornadoes left more than 20 dead in Indiana, tornadoes on Nov. 12 killed at least one woman and destroyed 70 homes in Iowa. At least three twisters hit two counties in the towns of Stratford and...
Stealth Tornado Rips Through Indiana
Nov 21 2005 // Twenty-two people died and about 230 were injured when a tornado touched down in southern Indiana and Kentucky during the early-morning hours of Nov. 6. Initial estimates by local insurance adjusters put property damage as...
National Newsbriefs
Nov 21 2005 // Q3 Insured Losses an All-Time Record: Pummeled by Hurricane Katrina and six other natural catastrophes in the third quarter, U.S. property/casualty insurers paid an all-time record $40.8 billion to homeowners and...
House Committee Proposes Two-Year Terrorism Insurance Extension
Nov 21 2005 // The House Financial Service Committee has come up with a proposal to renew the federal terrorism insurance act for two years that some industry groups see as “workable” and “positive.” The bill,...
Fla. CFO Gallagher Voices Support for Tax-Deferred CAT Fund Reserves
Nov 21 2005 // The serious challenge to Florida’s economy, the rising cost of property insurance and five solutions to hurricane issues were discussed on Nov. 7 in Tallahassee by Florida’s CFO Tom Gallagher at a briefing...
OFFICIALS WAITING TO RECEIVE FEDERAL HURRICANE ACCOUNTING
Nov 21 2005 // Mississippi is still waiting to hear from the federal government what its share of the Hurricane Katrina recovery efforts will cost according to Buddy Bynum, a spokesman for Gov. Haley Barbour. States are required to pick...
Three Residents Charged With Making False Hurricane Katrina Claims
Nov 21 2005 // Three Mississippi residents have been accused of making false claims to the Federal Emergency Management Agency for Hur-ricane Katrina relief funds. Dunn Lampton, U.S. Attorney for the southern district of Mississippi,...
Hurricanes Katrina and Rita: Exposing Settled (?) Insurance Coverage Issues
Nov 21 2005 // After any natural disaster, people who suffered property damage eventually look for sources of money to repair their damage and/or replace their loss with insurance being the first source for those with policies. In this...
Hurricane Rita Claims Expected to Hit $4.7 Billion
Nov 21 2005 // Majority of losses sustained in Louisiana, Texas. The Insurances Services Office expects property and casualty losses from Hurricane Rita to hit $4.7 billion, with the majority of losses occurring in Texas and Louisiana....
Stealth Tornado Rips Through Indiana
Nov 20 2005 // Twenty-two people died and about 230 were injured when a tornado touched down in southern Indiana and Kentucky during the early-morning hours of Nov. 6. Initial estimates by local insurance adjusters put property damage as...
Editor’s Note:
Nov 20 2005 // Okay, so my rantings about what a great insurance market the Midwest is have come back to haunt me. Evidently we’re just as vulnerable as any other region of the country or the world. Look what happened on Nov. 6, as...
Iowa Tornadoes Leave 1 Dead, 70 Homes Damaged
Nov 20 2005 // Nearly one week after tornadoes left more than 20 dead in Indiana, tornadoes on Nov. 12 killed at least one woman and destroyed 70 homes in Iowa. At least three twisters hit two counties in the towns of Stratford and...
Fla. CFO Gallagher Voices Support for Tax-Deferred CAT Fund Reserves
Nov 20 2005 // The serious challenge to Florida’s economy, the rising cost of property insurance and five solutions to hurricane issues were discussed on Nov. 7 in Tallahassee by Florida’s CFO Tom Gallagher at a briefing...