Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
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...
Fla. CFO Issues Warning: ‘Prepare Now for Hurricanes’
May 23 2005 // After an unprecedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief Financial Officer Tom Gallagher is issuing a warning to...
Experts Forecast Above-Normal Hurricane Activity Again This Season
May 23 2005 // The East and Gulf coasts can expect another hurricane season that’s worse than average, according to the head of the National Oceanic and Atmospheric Administration. The Atlantic will have 12 to 15 tropical storms,...
Gov. Bush Pledges to Sign SB1486; Insurers Uneasy About Its Provisions
May 23 2005 // Florida Gov. Jeb Bush pledged during the May 11 opening of the annual Governor’s Hurricane Conference at the Tampa Convention Center to sign and approve Senate Bill 1486, controversial legislation that consumer...
‘Miss Piggy,’ Hurricane Center Forecasters Visit South Carolina, Florida
May 23 2005 // Charleston, S.C., and Jacksonville, Fla., were two of five cities the National Oceanic and Atmospheric Administration, National Hurricane Center forecasters and NOAA Aircraft Operations Center crew visited during a May 2-6...
Ga. Climatologist Cautions Residents to Prepare Now for Hurricanes
May 23 2005 // The seasonal hurricane outlook should have no impact on hurricane plans,” David Stooksbury, the Georgia state climatologist cautioned participants at the Gov-ernor’s Emergency Management Conference at the...
“TAX HOLIDAY” FOR HURRICANE SUPPLIES
May 23 2005 // Gov. Jeb Bush indicates he intends to sign House Bill 6001, creating a 12-day tax holiday during which “certain” hurricane supplies will be exempt from Florida’s 6 percent sales tax. After the governor...
Renew TRIA Now
May 23 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...
FEMA Director Promises to Keep Recovery Funds Flowing
May 23 2005 // The hurricanes of 2004 taxed the Federal Emergency Management Agency to its limits, Michael Brown, FEMA director and undersecretary of the Department of Homeland Security, told more than 1,500 state emergency managers...
Experts Forecast Above-Normal Hurricane Activity Again This Season
May 23 2005 // The East and Gulf coasts can expect another hurricane season that’s worse than average, according to the head of the National Oceanic and Atmospheric Administration. The Atlantic will have 12 to 15 tropical storms,...
News Briefs
May 23 2005 // GEORGIA Licensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system. In an effort to be responsive to...
Gov. Bush Pledges to Sign SB1486; Insurers Uneasy About Its Provisions
May 23 2005 // Florida Gov. Jeb Bush pledged during the May 11 opening of the annual Governor’s Hurricane Conference at the Tampa Convention Center to sign and approve Senate Bill 1486, controversial legislation that consumer...
Ga. Climatologist Cautions Residents to Prepare Now for Hurricanes
May 23 2005 // The seasonal hurricane out-look should have no impact on hurricane plans,” David Stooksbury, the Georgia state climatologist cautioned participants at the Governor’s Emergency Management Conference at the...
May 23 2005 // Charleston, S.C., and Jacksonville, Fla., were two of five cities the National Oceanic and Atmospheric Administration, National Hurricane Center forecasters and NOAA Aircraft Operations Center crew visited during a May 2-6...
May 23 2005 // Nearly Half of Large, Mid-sized Businesses Purchased Terrorism Insurance in 2004 Nearly half of large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2004, a dramatic increase from...
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...
May 23 2005 // Nearly Half of Large, Mid-sized Businesses Purchased Terrorism Insurance in 2004 Nearly half of large and mid-sized U.S. businesses obtained insurance to cover property terrorism risks during 2004, a dramatic increase from...
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...
Number One in Q1 Catastrophes
May 23 2005 // The Insurance Council of Texas reported that a series of thunderstorms that pummeled portions of the Hill Country and central Texas in late March resulted in Texas leading the nation in insured losses during the first...
Citizens Property Considering Direct Reporting of Claims
May 18 2005 // New policies soon to be implemented by Citizens Property Insurance Corp., were presented last week to representatives from major insurance companies in Florida and Florida Association of Insurance Agents representatives...
