Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Tropical Storm Arlene Opens Season; Will Bring S.E. Rain, Coastal Flooding
Jun 9 2005 // Tropical Storm Arlene, the first named tropical storm of the 2005 hurricane season, is developing in the northwest Caribbean. Tropical storms have top sustained winds of 39 mph to 74 mph. NOAA forecasters predict the storm...
RMS Hurricane Model Gains Recertification from Fla. Commission
Jun 7 2005 // Risk Management Solutions (RMS) announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) re-certified the RMS Hurricane model for use in establishing residential insurance rates in the state...
From Safe Rooms to Fabric Shutters, Hurricane Protection is Booming
Jun 6 2005 // Got an extra $125,000 lying around? Spending that much would get rid of boring, uncomfortable stays in shelters when the next monster hurricane hits. A pricey safe room by Acoustic Innovations Inc. is among the products...
Los Angeles Area Quake Could Result in 7,600 Dead; Major Property Damage
Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...
Arizona Homeowners Sue Insurers Over Wildfire
Jun 6 2005 // Homeowners from a vacation mountaintop community northeast of Tucson began filing lawsuits accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Seventy...
Renew TRIA Now
Jun 6 2005 // Mr. President, in 2002 I co-sponsored, and Congress passed, the Terrorism Risk Insurance Act, commonly referred to as TRIA. This important legislation provided a government backstop for the terrorism insurance market that...
Killer Tsunamis and the Marine Insurance Market
Jun 6 2005 // Early in the morning on Dec. 26, 2004, opposing subterranean tectonic plates deep beneath the Indian Ocean floor shifted in violent unison along a line about 300 miles long. The energy released was on par with a 50-kiloton...
From Safe Rooms to Fabric Shutters, Hurricane Protection is Booming
Jun 6 2005 // Got an extra $125,000 lying around? Spending that much would get rid of boring, uncomfortable stays in shelters when the next monster hurricane hits. A pricey safe room by Acoustic Innovations Inc. is among the products...
By Dave Kaiser
Jun 6 2005 // Associations Warn Agencies: The insurance industry’s response to the 2005 hurricane season has been noteworthy, with many professional associations emphasizing hurricane preparedness, urging members to have...
Editor’s Note: Hurricane Season: Ready or NOT?
Jun 6 2005 // Many southeast associations, representing hundreds of independent insurance agencies and thousands of employees in coastal states have launched aggressive hurricane preparedness campaigns. They have implemented their own...
News Briefs
Jun 6 2005 // FLORIDA Fla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...
Renew TRIA Now
Jun 6 2005 // Mr. President, in 2002 I co-sponsored, and Congress passed, the Terrorism Risk Insurance Act, commonly referred to as TRIA. This important legislation provided a government backstop for the terrorism insurance market that...
Fire Season 2005: Protect Your Clients from Wildfire Dangers
Jun 6 2005 // California and its Western counterparts are just beginning to enter the 2005 wildfire season, and as usual, fire risk is extremely high. Are your clients prepared to protect their homes and property from the potential...
Arizona Homeowners Sue Insurers Over Wildfire
Jun 6 2005 // Homeowners from a vacation mountaintop community northeast of Tucson began filing lawsuits accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Seventy...
Arizona Homeowners Sue Insurers Over Wildfire
Jun 6 2005 // Homeowners from a vacation mountaintop community northeast of Tucson began filing lawsuits accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Seventy...
Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage
Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...
Renew TRIA Now
Jun 6 2005 // Mr. President, in 2002 I co-sponsored, and Congress passed, the Terrorism Risk Insurance Act, commonly referred to as TRIA. This important legislation provided a government backstop for the terrorism insurance market that...
Renew TRIA Now
Jun 6 2005 // Mr. President, in 2002 I co-sponsored, and Congress passed, the Terrorism Risk Insurance Act, commonly referred to as TRIA. This important legislation provided a government backstop for the terrorism insurance market that...
Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage
Jun 6 2005 // Potential earthquakes on the Puente Hills fault beneath the Los Angeles area could result in 3,000 to 18,000 fatalities, 142,000 to 735,000 displaced households, and more than $250 billion in total damages, according to...
Fire Season 2005: Protect Your Clients from Wildfire Dangers
Jun 6 2005 // California and its Western counterparts are just beginning to enter the 2005 wildfire season, and as usual, fire risk is extremely high. Are your clients prepared to protect their homes and property from the potential...
