Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Success Stories Abound at ICT’s Mid Year Symposium
Jul 19 2005 // Speakers at the Insurance Council of Texas’ 2005 Mid Year Property and Casualty Symposium had good news to tell about both the property and casualty industry and the 2005 regular session of the Texas Legislature. The...
The London Bombings: Terror Pool Will Help Cover Losses
Jul 18 2005 // Sept. 11, March 11, July 7–dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in London killed at least 52 people, sent...
The London Bombings: Terror Pool Will Help Cover Losses
Jul 18 2005 // September 11, March 11, July 7-dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in London killed at least 49 people, sent...
The Threat Remains: With or Without TRIA, Terrorism Still a Top Concern
Jul 18 2005 // The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current...
The London Bombings: Terror Pool Will Help Cover Losses
Jul 18 2005 // Sept. 11, March 11, July 7-dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in London killed at least 52 people, sent more...
Research Reports: Competing World Views on Terrorism Insurance
Jul 18 2005 // The Treasury report on terrorism insurance is just one of several on the subject. Here is a summary of some other reports: Organization for Economic Cooperation and Development, July 2005 Private markets are not yet able...
War of the Worlds: Treasury Sees TRIA as More Hindrance Than Help
Jul 18 2005 // Asked what the world would be like if there were no federal terrorism insurance backstop, the Treasury Department simply shrugged. The loss of the current federal backstop, the Terrorism Risk Insurance Act, which expires...
Crawford & Co.’s CAT Communications Truck Performs Well in Pensacola, Fla. Hurricane Dennis Tryouts
Jul 18 2005 // A stable source of power and wireless communications to field units and adjusters was provided last week when Crawford & Co. dispatched a new satellite Catastrophic Services (CAT) communications truck to Pensacola,...
Hurricane Emily Moves Towards Mexico-U.S. Border; Storm Weakens, But Still a Threat
Jul 18 2005 // Having lost some of her punch, Hurricane Emily moved on Monday into the Gulf of Mexico where warmer water temperatures could give her one more strong shot of power as she moves towards the Mexico-U.S. border. The storm...
The London Bombings: Terror Pool Will Help Cover Losses
Jul 18 2005 // September 11, March 11, July 7–dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in London killed at least 49 people,...
JUNE HAILSTORMS TOTAL $18 MILLION IN INSURED DAMAGES
Jul 18 2005 // North Dakota Insurance Commissioner Jim Poolman reported that severe weather that ripped through the Dickinson area in Western North Dakota and the Langdon and Walhalla areas in Eastern North Dakota earlier this month has...
Insurance Community Concerns Mount Over Climate Change Debate
Jul 18 2005 // To paraphrase an old adage: “Nothing concentrates the overall mind of the property/casualty insurance community as much as the approaching certainty of large loss events.” So, it’s no wonder that many...
Research Reports: Competing World Views on Terrorism Insurance
Jul 18 2005 // The Treasury report on terrorism insurance is just one of several on the subject. Here is a summary of some other reports: Organization for Economic Cooperation and Development, July 2005 Private markets are not yet able...
Principles and Politics: The Long and Short of Terrorism Insurance
Jul 18 2005 // The powerful House Committee on Financial Services could have a federal terrorism reinsurance proposal to consider next month although many politicians and observers are skeptical that Congress will actually replace or...
War of the Worlds: Treasury Sees TRIA as More Hindrance Than Help
Jul 18 2005 // Bush Administration Policy Questions Need for Renewal of Federal Backstop Asked what the world would be like if there were no federal terrorism insurance backstop, the Treasury Department simply shrugged. The loss of the...
BOCA RATON CONDO DEVELOPER SAYS ‘NO’ TO HURRICANE SHUTTERS
Jul 18 2005 // Banyan Lakes, a condominium developer in Boca Raton, Fla., an area well known for upscale housing, has banned condo owners from placing hurricane shutters outside their windows, residents can put them inside the windows if...
The London Bombings: We Won’t Be ‘Terrorized by Terror,’ Says Blair
Jul 18 2005 // September 11, March 11, July 7 –dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in Lon-don killed at least 49...
Dennis Slams Fla. Panhandle; AIR Damage Estimate $1B to $2.5B
Jul 18 2005 // Hurricane Dennis slammed into the northern coastline of the Gulf of Mexico between Pensacola Beach and Navarre Beach, Fla. July 10 shortly after 3 p.m. (EDT) packing top sustained winds of 120 mph. The hurricane lost...
Anytime, Anywhere
Jul 18 2005 // The bombings of London’s transportation system on July 7 were a reminder once again that a sad fact of the world we live in is that those with a mind for destruction are not only capable of, but are more than willing...
The Threat Remains: With or Without TRIA, Terrorism Still a Top Concern
Jul 18 2005 // The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current...