Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Terrorism Insurance
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and...
Big “I” Panelists Concerned About Terrorism, Asbestos, Tort Reform
Dec 6 2004 // Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company chief executives participating in a panel discussion during last month’s Independent Insurance Agents &...
Hurricane Spitzer to Take London by Storm
Dec 6 2004 // There’s still some sense of disbelief over here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...
Fla. Cabinet Extends Moratorium to Dec. 31, But Only for Unrepaired Homes
Dec 6 2004 // Florida Gov. Jeb Bush and members of the Florida Cabinet approved an emergency rule extending the moratorium to Dec. 31 and banning insurance companies from canceling or non-renewing insurance policies for victims whose...
Terrorism Insurance
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio to help protect businesses against terrorism risks, including losses from biological and chemical attacks....
Hurricane Spitzer to Take London by Storm
Dec 6 2004 // There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...
Hurricane Spitzer to Take London by Storm
Dec 6 2004 // There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...
Study: Half of Compensation to 9/11 Victims Came from Insurance
Dec 6 2004 // Rand Analysis Seen Boosting Argument for Extension of Federal Terrorism Backstop Insurance companies played the largest role in compensating people and businesses hurt by the Sept. 11 attacks, paying slightly more than...
Terrorism Insurance
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and...
Fla. Lawmakers Urged: Stick to Key Issues
Dec 3 2004 // When the Florida Legislature meets in special sessions in December lawmakers should focus on the most pressing matters facing more than 1.2 million commercial and residential property owners and leave less urgent concerns...
Weather Experts Predict More Active Hurricane Seasons
Dec 3 2004 // National Hurricane Center forecasters warn that a trend toward greater numbers of storms and stronger storms may last for years. If they’re right, the southeast United States could suffer through many more vicious...
Senate Banking, Insurance Committee Hears Fla. Insurance Perspectives
Dec 2 2004 // The Senate Banking and Insurance Committee heard state insurance regulators and insurance industry perspectives on eliminating hurricane deductibles and reforming the state’s Hurricane Catastrophe Fund during...
Gov. Bush Urges Fla. Legislators to Discuss Multiple Deductibles, Repair Work
Dec 1 2004 // Florida Gov. Jeb Bush vowed to urge the Florida Legislature, during upcoming sessions before Christmas, to solve citizens concerns about multiple insurance deductibles, repair work and property taxes. The governor visited...
S&P Reports First Half Results in Japan’s P/C Sector Show Companies Still Under Pressure
Nov 30 2004 // Standard & Poor’s Ratings Services has issued a report noting that Japanese non-life insurance companies recently released results of for the first half of fiscal 2004, which indicate that underwriting...
Floridians Can Anticipate State-wide Premium Hikes
Nov 30 2004 // Florida homeowners can expect an 8.3 percent statewide increase in the cost of homeowner’s insurance, Bob Lotane, spokesman for the Florida Office of Insurance Regulation told the Bonita News. He said worst-hit areas...
FEMA Notes Record Aid for 2004 Hurricane Season
Nov 30 2004 // The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported this week that a record $4.27 billion in FEMA disaster funds have been expended to date to aid people and communities...
Swiss Re Hurricane Report Stresses Risk Analysis
Nov 23 2004 // Swiss Re’s recently issued report on the 2004 hurricane season stresses that, although the number of storms may have been extraordinary, “the impact on insurers has been controllable through a process of...
Okla. Approves NCCI Values for Terrorism, Catastrophes
Nov 22 2004 // Oklahoma’s State Board for Property and Casualty Rates announced its approval of NCCI’s Item B-1393—Miscellaneous Values for Domestic Terrorism, Earthquakes, and Catastrophic Industrial Accidents. The purpose...
Information Institute Data Shows 2004 Hurricanes Broke All Records
Nov 22 2004 // Newly released information ranks all four of this season’s hurricanes among the top 10 costliest U.S. hurricanes in the past 25 years. And, taken together, the cost of this season’s storms edges out the cost of...
Hurricane Spitzer to Take London by Storm
Nov 22 2004 // QUOTE:This will impact every underwriter in Lloyd’s and most in London, given the distribution chain they inhabit. There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to...
