Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Florida’s Pre-Hurricane Shopping Traumatic; ‘Storm-stress Syndrome’ Cases Reported
Jun 2 2005 // Although areas of the eastern Atlantic Ocean and western Gulf of Mexico are calm, with no tropical storms on the radar, the reaction to the start of the 2005 hurricane season has been traumatic: Florida shoppers,...
AIR Worldwide Hurricane Model Gains Fla. Approval
Jun 2 2005 // The Florida Commission on Hurricane Loss Projection Methodology has for the ninth consecutive year certified AIR Worldwide Corporation’s 2005 U.S. Hurricane Model. To be used by insurers for residential rate filings,...
Wooley Reminds Louisianians to Prepare for Hurricane Season which Starts June 1
Jun 1 2005 // Louisiana Commissioner of Insurance Robert Wooley issued a reminder to citizens of his state that hurricane season is here and any unfinished hurricane preparation needs to happen now. The Atlanta Storm Season runs from...
Hurricane Season Begins: Southeast Associations Prepared
Jun 1 2005 // As homeowners jam Florida stores to take advantage of the state’s tax-free sales tax holiday and other stores announce “matching” programs to provide additional discounts, professional insurance...
Expert Predicts Busy Season, Four Intense Hurricanes
Jun 1 2005 // Colorado State University Professor William Gray has updated his assessment of the 2005 hurricane season, predicting 15 tropical storms between now and Nov. 30, eight of which will grow to hurricane strength. Gray and his...
FIC Unveils Hurricane Central Web Site
Jun 1 2005 // The Florida Insurance Council has unveiled its new Hurricane Central Web site (www.flains.org) as the go-to site for consumers for reliable information related to hurricanes. The new site is part of the industry’s...
Gallagher Applauds As Gov. Bush Signs Homeowner’s Insurance Law
Jun 1 2005 // Gov. Jeb Bush signed a bill today that will enact a new homeowner’s insurance law as Florida’s CFO Tom Gallagher stood by to applaud the governor and state lawmakers for enacting the law, which provides...
Warnings Issued: Hurricane Season Begins June 1, Prepare Now; Suppliers Stocked Up for Fla. Tax-Free Holiday
May 31 2005 // Early-morning thunderstorms crashed across northwest Florida on Tuesday morning, almost as if to announce the arrival on Wednesday morning of the 2005 hurricane season. At the same time, Florida Governor Jeb Bush and other...
May 30 – June 3 Hurricane Awareness Week in Miss.
May 31 2005 // May 30 through June 3 has been dedicated as Hurricane Awareness Week in Mississippi by the Mississippi Emergency Management Association. High wind speeds, tidal surge and tornadoes associated with hurricanes always grab...
Leaders Come Together to Discuss Future of Terrorism Insurance June 20
May 30 2005 // Leaders from the public and private sectors from throughout the nation will take part in the National Symposium on the Future of Terrorism Risk Insurance on the campus of the University of Southern California on June 20,...
Report Says Hurricane-force Winds Likely in Cape Hatteras, N.C., Miami Beach and Naples, Fla.
May 27 2005 // Hurricane-force winds are most likely to strike this year in Cape Hatteras, N.C. and Miami Beach and Naples, Fla., according to an analysis of coastal cities released today by a University of Central Florida professor and...
PIA Panelists Discuss Preparing for Hurricane Season
May 26 2005 // Florida’s insurance industry survived last year’s record-breaking hurricane season and is prepared to help homeowners weather what may come this year. That was the message during a recent web broadcast carried...
Senate Port Security Hearing Looks at Attention on Need for Federal Terrorism Insurance Mechanism
May 25 2005 // A Senate Homeland Security Subcommittee hearing set for Thursday, May 26, is the latest in a series of Capitol Hill examinations of port security and the potential economic harm terrorists can cause. These hearings clearly...
Owners of Arizona Homes Burned by Wildfire Sue Insurance Companies
May 25 2005 // Homeowners from a mountaintop community northeast of Tucson began filing lawsuits May 24 accusing their insurance companies of failing to provide enough coverage on homes destroyed in a June 2003 wildfire. Roughly 70...
Los Angeles Area Quake Could Result in 7,600 Dead, Major Property Damage
May 25 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...
Hurricane Supply Tax Holiday to Save Fla. Consumers $9.3 M
May 24 2005 // Gov. Jeb Bush has signed HB 6001 into law, the state’s first 12-day sales-tax holiday which permits Floridians to purchase a variety of hurricane supplies and saves consumers $9.3 million. The law gives purchasers a...
Survey: Half of Florida’s Homeowners Ready for Hurricane Season
May 24 2005 // More than half of Florida homeowners participating in a recent statewide survey have taken action to protect their homes from hurricanes. An even larger number recognizes the importance of the state’s building codes...
Citizens Making Improvements; Advises, Prepare Now for Hurricanes
May 24 2005 // With the start of hurricane season, June 1, just days away, Citizens Property Insurance Corporation is advising policyholders to make preparations now, before a possible storm. The state’s insurer of last resort is...
Tsunami Warning: Spitzer is Coming
May 23 2005 // This is not a tsunami “watch.” This is a tsunami warning. The waves have already swept over the closest beaches, so we know they are coming. It’s too soon for casualty reports, but some mighty big places...
Nearly Half of Large, Mid-sized Businesses Purchased Terrorism Insurance in 2004
May 23 2005 // Nearly half of large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2004, a dramatic increase from the 2003 average of 27 percent. Meanwhile, the cost of property terrorism...
