Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
I.I.I. Estimates Insurers Will Pay $7.4 Billion for Charley
Aug 18 2004 // Insurers are likely to pay out an estimated $7.4 billion for homes, businesses and personal possessions that were damaged by Hurricane Charley, according to the Insurance Information Institute (I.I.I.). The storm, which...
Insurers Say Charley Not as Devastating as Andrew
Aug 17 2004 // Initial reports from insurance companies with claims adjusters on the ground in Florida indicate that damage from Hurricane Charley, while extensive, was less than the state experienced when Hurricane Andrew hit South...
AIR Worldwide: Charley Paved Narrow, But Destructive Path Across Florida
Aug 17 2004 // With an expected insured loss of $6-10 billion, Hurricane Charley’s assault on Florida will likely rank as the second costliest in U.S. hurricane history. While devastating both in terms of damage and lives lost,...
Fitch: Charley Doesn’t Impact Citizens’ Ratings
Aug 17 2004 // Fitch Ratings commented that it does not expect the long-term and senior debt ratings of Florida-based Citizens Property Insurance Corporation (Citizens) to be affected by the losses from Hurricane Charley, as preliminary...
Vesta Unveils Impact From Charley
Aug 16 2004 // Alabama-based Vesta Insurance Group Inc. announced that its Florida Select subsidiary expects to incur losses between $10.0 and $13.5 million in Florida, net of reinsurance, from Hurricane Charley. “Our insurance...
Charley Represents Material Loss, Fitch Says
Aug 16 2004 // According to Fitch Ratings, Hurricane Charley will represent only a material loss to the insurance industry because of the relatively wide range ($5 billion – $10 billion) of insurance loss estimates could be revised...
Crawford Adjusters Take on Charley Remnants
Aug 16 2004 // Crawford & Company adjusters have begun wading into the damage following Hurricane Charley, which ripped across Florida on Friday causing billions of dollars in damage. Crawford, which has offices located throughout...
Insurers Say Andrew Prepared Them for Charley
Aug 15 2004 // Hurricane Charley probably will not cause Floridians’ insurance premiums to skyrocket like 1992’s Andrew, and fewer insurers should go bankrupt from paying out damages expected to reach the billions of dollars,...
President Orders Disaster Aid for Florida Storm Victims
Aug 14 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced Friday that President Bush has ordered the release of federal disaster funds and emergency resources for...
Charley Batters Cuba; Heads Towards Florida
Aug 13 2004 // It’s now apparent that Charley has become the season’s first full-blown hurricane, packing sustained winds of 105 mph (168 km/hr) with higher gusts. The storm hit Cuba near the port of Batabano, south of...
Neighbors, Volunteers and Faith Groups Spring into Action as Charley Bears Down on Southeast
Aug 13 2004 // by Susan Kim By Friday morning, two million residents and visitors had evacuated Florida as Hurricane Charley edged its 110-mph winds closer to the state’s west coast. The storm could send parts of Tampa and its...
Storm Bonnie Spawns Tornadoes from Fla. to Va.
Aug 13 2004 // Severe weather from Tropical Storm Bonnie spawned tornadoes from Florida to Virginia Thursday afternoon and Friday morning, killing three people and destroying numerous homes. In Rocky Point, N.C., a twister killed three...
RMS: Hurricane Charley Insured Losses Could Top $15 Billion as Storm Moves
Aug 13 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, has updated its forecast and loss estimates (See National news) for Hurricane Charley to reflect changes in the...
Ga. Gov. Declares State of Emergency in Preparation for Charley’s Impact
Aug 13 2004 // Georgia Gov. Sonny Perdue has declared a state of emergency in preparation for the impact from Hurricane Charley, which continued its romp across Florida Friday evening. The state of emergency will continue to midnight...
Hurricane Charley Heads for U.S. Mainland
Aug 12 2004 // As of 8:00 this morning Hurricane Charley was passing over Western Cuba, and the National Hurricane Center in Miami puts the storm on a track to strike Central Florida by tomorrow morning. Residents (and their insurers) in...
Fla. A.G. Warns Against Price Gouging, Repair Scams as Storms Approach State
Aug 12 2004 // Florida Attorney General Charlie Crist has activated a toll-free hotline and urged Florida residents to report suspected price gouging associated with Tropical Storm Bonnie and Hurricane Charley. The Attorney...
Fla. Residents Brace Themselves for Charley’s Visit
Aug 12 2004 // Residents of coastal areas can take steps now to make the insurance claims process move smoothly should their property be damaged by Hurricane Charley, according to the Insurance Information Institute (I.I.I.). According...
RMS: Direct Charley Hit Losses Could Top $10 Billion
Aug 12 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, on Thursday warned that insured losses in the U.S. could exceed $10 billion if Hurricane Charley follows the...
Nationwide Preps for Bonnie, Charley
Aug 11 2004 // Nationwide Mutual Insurance Co. reportedly has claim representatives and agents prepared to assist customers following landfall of Tropical Storm Bonnie or Hurricane Charley. “Claims specialists will be positioned in...
Fla. DFS Honored by Trade Group for Online Database
Aug 11 2004 // The Florida Department of Financial Services’ Division of Workers’ Compensation received top honors from an international trade group that assists national, state and local governments in overseeing...
