Latest Catastrophe Headlines
All the headlines from our Catastrophe Topic Page, ordered by recency.
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...
Experts Predict 70 Percent Above Normal Hurricane Activity
May 18 2005 // As the season’s first tropical storm now brews in the Pacific and is about to cross-over into the southern Gulf of Mexico toward Cuba, the National Oceanic and Atmospheric Administration has predicted there will be...
So. Texas TV Outlets Air Hurricane Awareness Series
May 18 2005 // Television stations in Corpus Christi and Harlingen have begun airing a series of news reports on hurricane awareness, the Insurance Council of Texas reported. The impetus to focus on what homeowners along the Texas coast...
AIA: Ariz. Legislature Passes Important Terrorism Exclusion, Med-Mal Liability
May 18 2005 // During the recently concluded Arizona legislative session, property/casualty insurers successfully lobbied for exclusion from insurance coverage of damage caused by terrorism, and also for medical malpractice liability...
Hurricane Relief Property Tax Refunds Being Mailed to Fla. Homeowners
May 18 2005 // Florida homeowners forced out of their homes for 60 days or more last year as a result of named tropical storms or hurricanes have begun to receive hurricane relief payments from the Department of Revenue. Checks averaging...
Florida Legislation: It’s More Than Hurricanes NAMIC Analysis Reveals
May 16 2005 // Although much of the attention during this year’s legislative session focused on hurricane-related issues, Florida lawmakers also succeeded in passing several other bills of interest to the insurance industry, a...
Hurricane Preparedness Week Begins
May 16 2005 // With predictions being made that this year’s hurricane season is likely to be as bad as last year’s, which ended with 15 named storms, nine hurricanes and six bad ones, Hurricane Preparedness Week is kicking...
Meteorologist Leans Toward Forecasting More Hurricanes
May 13 2005 // The warm temperature of Atlantic Ocean waters and the absence of El Nino development could increase the number of tropical storms predicted to occur during the upcoming hurricane season, well-known hurricane forecaster...
DOI Investigating: Did Citizens Pay Bogus Hurricane Claims?
May 13 2005 // Florida Office of Insurance Regulation officials are investigating 42 cases of suspected fraud in hurricane-related damage claims filed last year with Citizens Property Insurance Co., the state-run insurer of last...
PCI’s Csiszar Accuses Spitzer of ‘Corporate Terrorism’ and of Ignoring Own Conflicts
May 12 2005 // New York Attorney General Eliot Spitzer has bypassed due process and used McCarthy-like tactics to wage “corporate terrorism” against the insurance industry even while ignoring his own alleged conflicts of...
Fla. Gov. Urges: Be Prepared for 2005 Hurricane Season
May 12 2005 // Gov. Jeb Bush urged Florida homeowners to read and understand the provisions of their insurance policy; study their vulnerabilities; and have an evacuation plan; during the May 11 opening of the annual Governor’s...
NHC Director: Homes Meeting New Building Codes Fared Better in Hurricanes
May 12 2005 // Upgrading older homes to meet new building standards, which require new homes to withstand hurricane-force winds, is a key to surviving hurricanes, Max Mayfield, director of the National Hurricane Center in Miami,...
Hanover Insurance Goes to Bat for Tornadoes, Worcester’s Newest Team
May 11 2005 // The Hanover Insurance Company and Worcester (Mass.) Professional Baseball, LLC, today announced that they have reached an agreement for Hanover to be the primary sponsor for the Worcester Tornadoes. The Tornadoes are the...
S&P Reports on 5 Bermuda Property Catastrophe Reinsurers
May 10 2005 // Standard & Poor’s Ratings Services has issued a report, entitled “Peer Comparison: Bermuda Property Catastrophe Reinsurers,” which examines the differences between five of the island’s...
Governor Proclaims May 15-21 Hurricane Preparedness Week in N.C.
May 10 2005 // North Carolina Gov. Mike Easley has proclaimed May 15-21 hurricane preparedness week, just as a new survey of residents from Florida to Maine shows that people are not worried about hurricane season. The Mason-Dixon poll...
2,500 Attending Fla. Conference; Prepare for June 1 Hurricane Season
May 10 2005 // A record turnout of more than 2,500 conferees are attending the 2005 Governor’s Conference at the Tampa Convention Center, where they are learning about hurricane prediction, precautions and disaster management. The...
Fla. Water Management Officials Prepare for Hurricane Season
May 9 2005 // Florida water management officials have begun their annual drawdown of 17 lakes in the Kissimmee Basin, near Orlando, in anticipation of the upcoming hurricane season and are starting to put lessons into effect they...
‘Mixed Feelings’ Result as Fla. Legislature Passes SB 1486; Carriers’ Burdens Could Increase Overall Costs
May 9 2005 // The Florida Legislature debated SB 1486, an 83-page insurance bill, until the early morning hours on Saturday and approved a document that makes major changes in how claims will be handled, starting with the next storm....
Natl. Hurricane Center Director Advises ‘Plan Ahead’
May 9 2005 // Max Mayfield, director of the National Hurricane Center’s visited Jacksonville May 6 as part of the center’s annual hurricane awareness tour. Students got a chance to hear from hurricane experts and check out a...
Hurricane-Strength Wind Gusts Hit N.C. Outer Banks
May 9 2005 // A storm system which included hurricane-strength wind gusts up to 115 mph hit North Carolina’s Outer Banks Friday as a storm system pushed through North Carolina, bringing wind gusts and driving rain. According to...
