Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Lessons Learned From Hurricanes Passed on to Owners Set to Rebuild
Sep 16 2004 // State and federal disaster recovery officials are urging owners who are rebuilding after hurricanes Charley and Frances to consider taking steps now to minimize damage in future storms. “There is no better time than...
Aftermath of Ivan: Hundreds of Thousands Without Power, Heavy Rains Continue
Sep 16 2004 // Hurricane Ivan slammed ashore in Gulf Shores, Ala., early Thursday with winds of 130 mph, packing deadly tornadoes and a powerful punch of waves and rain that threatened to swamp communities from Louisiana to the Florida...
Jeanne Following Familiar Caribbean Path
Sep 16 2004 // While her big brother Ivan terrorizes the U.S. Gulf Coast (see related articles), little sister Jeanne has remained an active tropical storm, but could become the season’s next hurricane. Jeanne, the 10th named storm...
President Declares Disaster Areas for Alabama, Louisiana, Mississippi
Sep 16 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced today that President Bush ordered the release of federal disaster funds and emergency resources for...
Safeco Team Deployed for Hurricane Ivan
Sep 16 2004 // Seattle-based Safeco’s National Catastrophe Team is deploying additional claims professionals to Alabama and surrounding states to aide customers recovering from Hurricane Ivan. Safeco claims professionals are...
President Bush Declares Third Major Disaster for Florida as Result of Ivan
Sep 16 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced today that President Bush has ordered the release of all necessary federal disaster aid resources for...
S&P: Challenges to Property Catastrophe Reinsurers
Sep 16 2004 // Standard & Poor’s Ratings Services has published a review of the property catastrophe reinsurance industry, titled “Is Property Catastrophe Reinsurance a Commodity,” examining its commodity-like...
Industry-Backed Study Claims TRIA Extension Would Strengthen U.S. Economy
Sep 15 2004 // A study, commissioned by the American Insurance Association, Financial Services Roundtable, National Association of Mutual Insurance Companies, National Council on Compensation Insurance, Property Casualty Insurers...
Hurricanes Have Travelers Flocking to Insurance Hotline
Sep 15 2004 // As Hurricane Ivan approaches the southeastern U.S. from the Caribbean, anxious travelers have the phones ringing at Travel Guard International. “As the hurricane approaches, causing evacuations and cancelled flights,...
RMS: Potential Losses for Ivan $4 to $10 Billion
Sep 15 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses in the U.S. could range from $4 to $10 billion if Hurricane Ivan follows the latest...
Ivan Sets His Sights on Gulf Coast; Residents from Florida to Louisiana Get Suitcases Packed
Sep 14 2004 // Having left a swath of destruction from Grenada to Cuba, Hurricane Ivan turned its sights on the Florida Panhandle west to New Orleans on Tuesday, forcing thousands to pack what they could and head for higher ground. More...
The Allstate Foundation Extends Portion of Fund to Help Hurricane Victims
Sep 14 2004 // The Allstate Foundation will extend $200,000 from the $1 million fund established at the Southwest Florida Community Foundation to reportedly aid in the rebuilding and recovery of victims of the recent hurricanes. The...
Guy Carpenter Releases Study of 2004 World Catastrophe Reinsurance Market
Sep 14 2004 // Guy Carpenter & Company, Inc., MMC’s reinsurance brokerage division, announced the release of its annual, comprehensive study of the property catastrophe reinsurance market, “The World Catastrophe...
Ivan Skirts Cuba, Yucatan; Heads for U.S. Gulf Coast
Sep 14 2004 // Powerful Hurricane Ivan continues to play cat and mouse with forecasters. As of yesterday morning the Category 5 storm was headed for Western Cuba, but just before hitting the island, Ivan moved westward. The main body of...
Ivan Continues Caribbean Rampage: Jamaica, Cayman’s Hit; Cuba and U.S. on Alert
Sep 13 2004 // Hurricane Ivan continued its destructive rampage through the Caribbean over the weekend, pummeling the island of Jamaica with winds of 155 mph (250km/h), 23 foot (7 meter) waves and heavy rainfall. Ivan is one of the...
S&P Concerned by Hurricane Ivan; “Challenges Insurers’ Predictive Models”
Sep 13 2004 // Standard & Poor’s Ratings Services has issued a bulletin indicating that it “views the approach of Hurricane Ivan, which is projected to be moving toward Florida, with concern.” Reinstatement...
Disaster Assistance Option for Insured Property Owners Following Hurricanes
Sep 13 2004 // People who have applied for assistance for hurricanes Charley or Frances may still be able to get help even if they got a letter from the Federal Emergency Management Agency (FEMA) telling them they are not eligible at...
Ivan the Terrible Bears Down on Jamaica
Sep 10 2004 // As Hurricane Ivan continues on its deadly path through the Caribbean, people in Jamaica and the Cayman Islands are bracing for its arrival. Jamaica is directly in the path of the powerful storm, which is packing sustained...
EQECAT Says Ivan Landfall Would Be a ‘1 in 50 Year’ Series of Storm Events
Sep 10 2004 // It may come as small comfort to Florida’s storm-battered residents, but Thomas Larsen, senior vice president of EQECAT Inc., the Oakland Calif.-based catastrophe modeling specialist, announced that a Florida landfall...
Fla. Storm Victims Facing Double Deductibles from Hurricanes Charley, Frances
Sep 10 2004 // Florida CFO Tom Gallagher released a statement this week as the Sunshine State took a hit from Hurricane Frances, meantime keeping a watchful eye out for Hurricane Ivan, which was possibly headed for the Florida Keys by...
