Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Obama’s Grabs Florida’s Fugate to Head FEMA
Mar 23 2009 // Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local...
Sink-ing Feeling: Florida Still Searching for Fix for Hurricane Exposure
Mar 23 2009 // Florida lawmakers need to make some smart decisions on reducing the risk to Florida property owners from hurricanes, the state’s chief financial officer said. In a letter to legislative leaders, CFO Alex Sink said...
The Paradox of Flood Insurance Coverage
Mar 17 2009 // Whether you are an attorney, an insurance agent, adjuster or broker, or an individual insured, when dealing with claims under flood insurance policies, you may be surprised to discover that many things you think you know...
As Hurricane Season Nears, Florida Still Facing Large Exposure
Mar 16 2009 // Florida lawmakers need to make some smart decisions on reducing the risk for Florida property owners from hurricane damage, the state’s chief financial officer said Thursday. In a letter to key legislative leaders,...
Obama’s FEMA Director Brings Hurricane Experience from Florida
Mar 16 2009 // Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local...
Florida CFO Sink: 4 Steps to Reduce State’s Hurricane Exposure
Mar 12 2009 // Citing the high level of catastrophic risk exposure Florida faces, Chief Financial Officer Alex Sink today suggested guidelines for the Legislature to follow in working to reduce the state’s hurricane risk. CFO Sink...
Florida Officials Searching For Ways to Back Up Hurricane Fund
Mar 12 2009 // The state board that oversees the fund designed to pay homeowner claims in the event of a catastrophic hurricane searched this week for ways to reduce its risk with hurricane season only months away. The Board of...
Texas Legislators Want to Modify Catastrophe Response After Ike
Mar 10 2009 // Nursing homes were left without electricity and medical evacuees flooded hospitals during Hurricane Ike, but more than a dozen bills pending in the Texas Legislature could help change the way state agencies and facilities...
Florida Governor’s Insurance ‘Plan’ Is Dangerous and Expensive
Mar 9 2009 // The Florida property insurance market today reminds me of the old cartoon with the insurance pitch: “Here’s a nice little policy with a real low premium if you promise never to have any claims.” When the...
The Flood Insurance Coverage Paradox
Mar 9 2009 // You May Not Know What You Think You Know About Flood Insurance Claims When dealing with claims under flood insurance policies, you may be surprised that many things you think you know are wrong, and, particularly for...
Willis: Increase in Capacity, Downturn in Energy Sector Tempers Hardening Market
Mar 3 2009 // With capacity levels up at the start of 2009, the energy insurance market remains relatively stable — says a new industry report — despite insurers seeking rate increases and the energy industry trying to...
Homeland Chief Orders Gulf Coast Hurricane Recovery Review
Feb 26 2009 // In one of her first moves as Homeland Security secretary, Janet Napolitano has ordered a fresh review of hurricane recovery efforts in the gulf coast 31/2 years after two killer hurricanes swept ashore. In testimony...
Returning Florida Lawmakers’ Agenda Includes Property Insurance Woes
Feb 23 2009 // Florida Gov. Charlie Crist’s political mantra has been to hold down property insurance rates, taxes and almost anything else costly for people he wants voting for him next year. Whether Crist seeks re-election or Mel...
Obama Extends Federal Gulf Coast Rebuilding Office
Feb 23 2009 // President Barack Obama has extended the federal office of Gulf Coast rebuilding, calling it a “first step of a sustained commitment by my administration to rebuild now, stronger than ever.” Obama also announced...
Galveston Group Approves Ike Housing Aid Plan
Feb 19 2009 // More than half of the federal Hurricane Ike recovery funds in an $814 million plan backed by the Houston-Galveston Area Council would go for housing if the U.S. Department of Housing and Urban Development agrees, officials...
Texas Lawmakers Outline Hurricane Mitigation Recommendations
Feb 13 2009 // The state of Texas should require certain businesses like gas stations and nursing homes to have backup power generators to avoid the massive disruptions caused by Hurricane Ike, according to recommendations released by a...
Ike Vendors Still Waiting for Texas to Pay Hurricane Response Bills
Feb 5 2009 // The state of Texas has accrued $134 million in unpaid bills from emergency response to Hurricane Ike – and vendors want their money. Jack Colley, the state’s director of emergency management, told the state...
Texas Governor Calls for Reform of Texas Wind Pool Funding
Feb 4 2009 // Three of the five emergency items that Texas Gov. Rick Perry has outlined for the 2009 legislative session relate to hurricane recovery, including legislation to reform the Texas Windstorm Insurance Association (TWIA) and...
Recession, Credit Crisis Stall Louisiana’s Hurricane Recovery Bonds
Feb 2 2009 // The U.S. recession and credit crisis have stalled a financing program created to help Louisiana recover from 2005’s devastating hurricanes, the southern state’s secretary for economic development told...
Hiscox Comments on Renewals, Investments, Currency, Hurricanes
Jan 27 2009 // Bermuda-based Hiscox Ltd. has issued a summary of the January renewals, its expected investment returns and the effect of currency fluctuations, as well as its hurricane loss estimates. Hiscox said it has “seen good...