Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
Typhoon Damrey Ravages Hainan Island; Heading Towards Vietnam
Sep 26 2005 // Typhoon Damrey, described as the strongest storm to hit the area in 30 years, roared across China’s Hainan Island earlier today. According to news reports at least two people were killed and some 170,000 were forced...
Texas DWC Reports Field Office Closures, Openings Following Hurricane Rita
Sep 26 2005 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) will reopen some of its field offices on Sept. 26 as local areas clean up from Hurricane Rita. Other field offices will remain closed until at...
TDI Staff Available in Houston to Assist Victims of Hurricanes Rita and Katrina
Sep 26 2005 // The Texas Department of Insurance announced that beginning Sept. 26, staff members are being deployed to its Houston Insurance Assistance Center (IAC) to assist Hurricane Rita victims with their insurance questions and...
Database to Track Cars Damaged by Hurricane Katrina
Sep 26 2005 // A new, expanded database to track vehicles flooded by Hurricane Katrina has been set up to prevent them from turning up on used car lots around the country, the Associated Press and New Orleans Times-Picayune...
Crawford & Co. Adjusters Respond to Hurricane Rita
Sep 26 2005 // Crawford & Company Catastrophe Services has kept a watchful eye on Hurricane Rita, the year’s 17th named storm, as it churned through the Gulf of Mexico to Texas and Louisiana. Crawford, which already had...
St. Paul Travelers Issues Hurricane Katrina Loss Estimates
Sep 26 2005 // The St. Paul Travelers Companies Inc. announced that its preliminary estimate for losses relating to Hurricane Katrina is approximately $800 million, after tax and after the impact of reinsurance, and including the cost of...
RMS: Hurricane Rita’s Insured On-Shore, Off-Shore Losses Expected to be $4-$7 Billion
Sep 25 2005 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, has estimated that insured losses from Hurricane Rita are likely to range from $4 to $7 billion, based on current...
Calif. May Lower Quake Insurance Rates in Wake of Katrina
Sep 25 2005 // As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority...
Report Discusses Hurricane Katrina’s Impact on the Construction Industry
Sep 25 2005 // NIP Specialty Brokerage, LLC, a wholesale brokerage specializing in construction, released an Insurance Advisory focusing on market impacts of Hurricane Katrina on the construction industry, with a focus on home...
PIA Texas Agents Offer Office Space to Agents Fleeing Hurricane Rita
Sep 23 2005 // Professional Insurance Agents in Texas who are fleeing Hurricane Rita are getting a helping hand from their fellow PIA agents. Agents located inland from the projected landfall of Rita have offered temporary office space...
IIAT Ready to Help Agents Impacted by Hurricane Rita
Sep 23 2005 // IIAT is ready to assist its members following the damage caused by Hurricane Rita. The association announced it is taking the following steps as part of its assistance plan: 1. Beginning Monday, Sept. 26, IIAT will have a...
AIA Offers Advice for Those in Hurricane Rita’s Path
Sep 22 2005 // As Hurricane Rita barrels toward the Texas coast the American Insurance Association (AIA) offered the following tips to assist consumers and hurricane victims in protecting their homes and recovering from the storm as...
PIAA of Fla. Educational Event Answers Essential Hurricane, Catastrophe Planning Questions
Sep 22 2005 // Professional Insurance Agents of Florida instructor Ron Silverman answered 40 essential questions about catastrophe planning for hurricanes during educational sessions titled “Lessons Learned from Charley, Frances,...
RMS Model Shows Increased Risk of Extreme U.S. Terrorism Losses
Sep 22 2005 // According to Risk Management Solutions’ fourth annual U.S. Terrorism Risk Model, the risk of extreme terrorism-related events over the next five years, including terrorist attacks using chemical, biological,...
TDI Prepared to Help Those Impacted by Hurricane Rita
Sep 22 2005 // The Texas Department of Insurance announced it is preparing staff and resources to be ready for the aftermath of Hurricane Rita, wherever the storm makes landfall. TDI said it is maintaining staff at the Division of...
Hurricane Rita Evacuee Bus Fire Kills 24; Beaumont, Port Arthur Danger Increases
Sep 22 2005 // As many as 24 evacuees trying to escape the impending visit of Hurricane Rita, were killed early Friday in a bus fire on a highway near Dallas. The official death toll was unknown, but authorities said more than 40 people...
TDI Outlines Expectations for Industry Regarding Hurricane Rita
Sep 22 2005 // As Hurricane Rita approaches the Texas coast, the Texas Department of Insurance issued several bulletins to the insurance industry. Bulletins are signed by the insurance commissioner and notify the industry of the...
IPC Holdings Unveils Early Estimate of Katrina Losses
Sep 22 2005 // Bermuda-based IPC Holdings, Ltd. announced that it expects third quarter 2005 earnings to be significantly impacted by Hurricane Katrina. According to a company release, “Based upon a preliminary analysis of the...
La. DOL Launches Toll-Free Number for Hurricane Katrina Evacuees to Report Change of Address
Sep 21 2005 // Hurricane Katrina evacuees from Louisiana who filed for Unemployment Insurance and Disaster Unemployment Assistance benefits must immediately contact the Louisiana Department of Labor to file a change of address if their...
IIA of Georgia Members Donate to Hurricane Katrina Relief
Sep 21 2005 // The Independent Insurance Agents of Georgia has contributed $3,000 to its sister associations in the states damaged by Hurricane Katrina. “We mailed the checks the Tuesday after Labor Day. We also appealed to our...
