Latest Hurricane Headlines

Aon Benfield Cat Report for November Highlights Cold and Floods

Dec 6 2010 // In its latest monthly assessment of the world’s catastrophes for November Aon Benfield highlights the first winter weather event of the season across Europe with “notable affects.” the report, published...

North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?

Dec 5 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...

Louisiana Citizens Sheds Homeowners Policies

Dec 5 2010 // Louisiana Citizens Property Insurance Corp. (Citizens) has held a fourth depopulation offering in which 13,500 policies have been assumed by the private insurance market, according to state Insurance Commissioner Jim...

Dec 5 2010 // 5 The number of Category 3 hurricanes that formed in the Atlantic Basin this hurricane season. The 2010 Atlantic hurricane season, which ended November 30, was one of the busiest on record, according to the National...

Tropical Storm Risk on ‘Remarkable’ 2010 Hurricane, Typhoon Seasons

Dec 3 2010 // To mark the end of the 2010 Atlantic hurricane season, Tropical Storm Risk (TSR), which provides resources for predicting and mapping tropical storm activity worldwide and is co-sponsored by Aon Benfield, has issued a...

European Storm Season Starts, But Forecasts are Difficult, Says Lloyd’s

Dec 1 2010 // The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season, which usually lasts around four months, starts up. In its examination of the onset...

Extremely Active Atlantic Hurricane Season was a ‘Gentle Giant’ for U.S.

Nov 29 2010 // The 2010 Atlantic hurricane season, which ends tomorrow, was one of the busiest on record, according to the National Oceanic and Atmospheric Administration. In contrast, the eastern North Pacific season had the fewest...

Louisiana Citizens Sheds Homeowners Policies

Nov 23 2010 // Louisiana Citizens Property Insurance Corp. (Citizens) has held a fourth depopulation offering in which 13,500 policies have been assumed into the private insurance market, state Insurance Commissioner Jim Donelon...

North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?

Nov 16 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...

Tomas Regains Hurricane Strength; Soaks Haiti Refugee Camps

Nov 5 2010 // Tropical Storm Tomas re-strengthened to a hurricane Friday as it headed between Cuba and Haiti, drenching with overnight rain crowded tent and tarpaulin camps housing vulnerable Haitian earthquake survivors. Although some...

New York Panel Hears Homeowners Reform Proposals

Nov 1 2010 // New York insurance regulators proposed a series of tweaks to the state’s coastal homeowners insurance market last month, but acknowledged it will probably be months before the state panel tasked with evaluating the...

Gulf Region Property Markets Still Troubled 5 Years After Katrina

Nov 1 2010 // Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance,...

Gulf Region Property Markets Still Troubled 5 Years After Katrina

Nov 1 2010 // Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance,...

Hurricane Richard Hits Belize; Could Reach Mexico’s Oil Fields

Oct 25 2010 // Hurricane Richard struck the tiny Central American nation of Belize Sunday, blowing roofs off houses and knocking out electricity as tourists and residents huddled in emergency shelters. Richard, which made landfall just...

Introducing… The Florida Sinkhole Insurance Fund?

Oct 22 2010 // Will Floridians, who already support a state-backed property insurer and a catastrophe fund, support another public insurance entity for sinkhole coverage? Such a fund might be the “best way to go,” according...

TS Richard Set to Become Hurricane; Hit Yucatan

Oct 22 2010 // Tropical Storm Richard headed toward Central America Friday, triggering a hurricane watch along the Honduras-Nicaragua border, a region already hit by months of heavy rains. The 17th named storm in the Atlantic so far this...

Home, Flood Insurance Markets Still Troubled 5 Years After Katrina

Oct 20 2010 // Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance,...

Havana Takes a Hit as Tropical Storm Paula Passes

Oct 15 2010 // Tropical Storm Paula weakened further Thursday, but still packed enough punch to blast through the Cuban capital with driving rains and high winds that toppled trees, flooded streets and left large swaths of the city...

New York Panel Hears Homeowners Reform Proposals

Oct 15 2010 // New York insurance regulators proposed a series of tweaks to the state’s coastal homeowners insurance market this week, but it will probably be months before the state panel tasked with evaluating the proposals makes...

Mexican Coast, Cancun on Alert for Hurricane Paula

Oct 13 2010 // Hurricane Paula, the ninth hurricane of the busy 2010 Atlantic season, churned toward the east coast of Mexico’s Yucatan peninsula Tuesday, putting the tourist hub of Cancun on high alert. A hurricane warning was in...