Latest Catastrophe Headlines

All the headlines from our Catastrophe Topic Page, ordered by recency.

Insurance Proposals Stalled in Fla. Legislature

Dec 14 2004 // Two plans, one to reimburse homeowners hit by multiple hurricanes, and the second to charge only one deductible per hurricane season, stalled in debate yesterday during special sessions of the Florida Legislature as...

Multiple Deductibles Among Key Issues Being Discussed By Florida Legislators

Dec 13 2004 // Major insurance issues are on this week’s Florida Legislature agenda in Tallahassee. In long-awaited special sessions, which begin today, even if legislators stick to key issues, it remains to be seen how much they...

Analysts Predict Slowing of P/C Premium Growth in 2005

Dec 10 2004 // Each year the Insurance Information Institute (I.I.I.) invites a panel of Wall Street stock analysts and industry professionals to review the prospects for the industry in the current and coming year. The survey reveals...

P/C Insurers Positioned to Weather Hurricane Losses

Dec 7 2004 //

2004 Hurricane Season Broke Records; 2005 Impossible To Predict

Dec 6 2004 // It’s unnecessary to crunch figures to determine that hurricane damages from the five storms that hit the continental U.S. this year will exceed $25 billion and that the 2004 hurricane season will go into the record...

Hurricane Experts, Mayfield, Bailey to Address Tampa Windstorm Conference

Dec 6 2004 // Max Mayfield, National Hurricane Center director and Bill Bailey, Hurricane Insurance Information Center director will join leading property insurance industry experts speaking at the Feb. 1 to 4 Sixth Annual Windstorm...

Ill Winds Blow but the Ship Remains on Course

Dec 6 2004 // This year’s annual report on the reinsurance industry is a bit later than usual. It seems that beginning in August the voyage was interrupted by some serious storms, and it was hard to catch up to the boat as it...

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...