Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Medical Examiner Attributes 25 Percent of Hurricane Deaths to Cleanup Efforts
Nov 8 2005 // Cleanup activities after hurricanes in 2004 and 2005 resulted in 25 percent of the 201 deaths registered according to Dr. Stephen Nelson, chairman of the Florida Medical Examiners Commission. Accidents from cleaning up,...
ISO’s Coyne Urges P/C Insurers to Reinvent Themselves to Survive Fierce Competition, Catastrophes
Nov 8 2005 // Fierce competition and catastrophe losses are forcing change all across the property/casualty insurance business, an industry leader said Monday. Ferocious competition has driven rates of return down and led to an increase...
CPCU Society Annual Meeting Attendees Gain Insight at Hurricane Katrina Seminar
Nov 8 2005 // More than 130 chartered property casualty underwriters and their guests at the recent CPCU Society Annual Meeting and Seminars attended an exclusive seminar, “Hurricane Katrina: Lessons Learned.” The...
Ind. Gov. Declares Post-Tornado State of Emergency
Nov 8 2005 // Indiana Gov. Mitch Daniels declared a statewide emergency on Monday and asked President George W. Bush for federal assistance for Hoosiers devastated by a tornado and severe storms that affected parts of Indiana during...
Disaster Claims and the Ripple Effect
Nov 7 2005 // Hurricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...
International Newsbriefs
Nov 7 2005 // Asian Quake Death Toll Over 50,000: The 7.6 magnitude earthquake that struck near Muzaffarabad in Pakistan-administered Kashmir on Oct. 8 killed over 50,000 people in the country. Another 1,400 died on the Indian side of...
National Newsbriefs
Nov 7 2005 // P/C Insurers Post Record Results in 2005: The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion, with a net income of $32.1 billion during the first six months of 2005, a substantial gain...
Miss., La. Crisis: A Domino Effect
Nov 7 2005 // One of the top issues facing the insurance industry in the southeast right now is rebuilding Mississippi and Louisiana after Hurricane Katrina. Hurricane experts at the Society of Insurance Research conference in October...
Lack of Electricity, Gasoline Slows Hurricane Wilma Recovery Efforts
Nov 7 2005 // Four days after Hurricane Wilma crossed southwest Florida and tore into South Florida, insurance agents in Naples and Miami told Insurance Journal they had not encountered the onslaught of claims they expected, but...
NATIONWIDE AUDITING HURRICANE CLAIMS
Nov 7 2005 // Nationwide Insurance has reached an agreement with state regulators to audit its claims from the 2004 hurricane season and correct any underpayments. The state Office of Insurance Regulation has announced that under the...
HURRICANE PLANS TWEAKED
Nov 7 2005 // Emergency workers along the South Carolina coast are tweaking hurricane preparedness plans in the wake of Gulf Coast storms Katrina and Rita. According to the Columbia State, officials are looking into whether there are...
The Need for Uniform Building Codes in Louisiana
Nov 7 2005 // In the wake of Hurricanes Katrina and Rita, we have an historic opportunity to make crucial changes to Louisiana’s building codes and construction practices. Doing so will help create more resilient homes, businesses...
Avoiding Financial Catastrophes:Take Care When Procuring Agents E&O
Nov 7 2005 // Agents and brokers have spent a great deal of energy in recent years finding suitable insurance products for their clients. Not only has the marketplace become more complex, the typical insured has become increasingly more...
Lack of Electricity, Gasoline Slows Hurricane Wilma Recovery Efforts
Nov 6 2005 // Four days after Hurricane Wilma crossed southwest Florida and tore into South Florida, insurance agents in Naples and Miami told Insurance Journal they had not encountered the onslaught of claims they expected, but...
News Briefs
Nov 6 2005 // ALABAMA Vesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida. “As previously disclosed, Vesta’s...
Editor’s Note: Miss., La. Crisis: A Domino Effect
Nov 6 2005 // One of the top issues facing the insurance industry in the southeast right now is rebuilding Mississippi and Louisiana after Hurricane Katrina. Hurricane experts at the Society of Insurance Research conference in October...
The Need for Uniform Building Codes in Louisiana
Nov 6 2005 // In the wake of Hurricanes Katrina and Rita, we have an historic opportunity to make crucial changes to Louisiana’s building codes and construction practices. Doing so will help create more resilient homes, businesses...
Avoiding Financial Catastrophes: Take Care When Procuring Agents E&O
Nov 6 2005 // Agents and brokers have spent a great deal of energy in recent years finding suitable insurance products for their clients. Not only has the marketplace become more complex, the typical insured has become increasingly more...
News Briefs
Nov 6 2005 // Asian Quake Death Toll Over 50,000: The 7.6 magnitude earthquake that struck near Muzaffarabad in Pakistan-administered Kashmir on Oct. 8 killed over 50,000 people in the country. Another 1,400 died on the Indian side of...
News Briefs
Nov 6 2005 // P/C Insurers Post Record Results in 2005: The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion, with a net income of $32.1 billion during the first six months of 2005, a substantial gain...
