Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Tropical Storm Cristobal Rumbles off the Carolinas
Jul 21 2008 // Tropical Storm Cristobal, the first tropical storm to menace the Southeast seaboard this hurricane season, sent outer bands of intermittent rain lashing the eastern Carolinas July 19 as forecasters predicted it could dump...
Tropical Storm Dolly Enters Gulf, Texas May Be Target
Jul 21 2008 // The National Hurricane Center reported at 11 a.m. EDT on July 21 that Tropical Storm Dolly had crossed Mexico’s Yucatan Peninsula and entered the Gulf of Mexico. A hurricane watch was issued for the Texas coast from...
Carvill Sees Rising Interest in Trading for Hurricane Derivative Products
Jul 17 2008 // Independent reinsurance broker Carvill reports that trading in its derivative contracts for hurricane risk continues to grow. The Carvill Hurricane Index trades on the Chicago Mercantile Exchange (CME). As news of...
Insurance Agents, Travelers, Nationwide Urge Coastal Wind Policy
Jul 16 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas. Federal...
Economic Downturn Dooms Florida Hurricane Supplies Tax Break
Jul 14 2008 // Economic woes have forced Florida lawmakers to ax a pair of popular tax breaks as parents prepare to return their children to school next month and the state readies itself for hurricane season. Prompted by dismal revenue...
Florida Approves $224 Million Plan to Bolster State Catastrophe Fund
Jul 7 2008 // Florida residents might see an increase in property insurance rates because of a plan to bolster the Florida Hurricane Catastrophe Fund. State officials last week approved a plan to spend $224 million so that the state can...
Bertha Becomes 2008 Atlantic Season’s First Hurricane
Jul 7 2008 // The National Hurricane Center issued an advisory this morning that Bertha has developed into the season’s first hurricane in the open Atlantic Ocean. The center said Bertha is not an immediate threat to land. At 5...
Insured Property Value in Coastal States to Double in 10 Years
Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
McCain, Southeast Governors Split Over National Disaster Fund
Jul 7 2008 // Republican Presidential Nominee Opposes Idea that Remains Popular with Many Gulf Coast Voters A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has...
Public Adjusters Take the Heat for Reopened Hurricane Claims
Jul 7 2008 // Public adjusters are being blamed for thousands of unresolved insurance claims in Florida dating back to the 2004 and 2005 hurricane seasons. A Florida task force monitoring how state-backed Citizens Property Insurance...
Insured Property Value in Coastal States to Double in 10 Years
Jul 7 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
Hurricane Center Tracking ‘Tropical Wave’ in Atlantic Ocean
Jul 2 2008 // The National Hurricane Center in Miami said it is currently tracking a “strong tropical wave over the extreme eastern Atlantic Ocean about 330 miles southeast of Sal in the Cape Verde Islands.” The NHC said...
Hurricane Chief: Funds, Research Can Improve Hurricane Forecasting
Jun 26 2008 // The National Hurricane Center’s director says his organization would need tens of millions of dollars over the next decade for research to reduce substantially the errors in forecasting the intensity of...
Rates Likely to Rise for Citizens’ South Louisiana Policyholders
Jun 25 2008 // Louisiana’s “insurer of last resort” is seeking double-digit increases in homeowners rates across several southeast parishes. The state-backed Louisiana Citizens Property Insurance Corp. would raise rates...
Port of New Orleans Braces for Storm Season with Satellite Office
Jun 23 2008 // The Port of New Orleans has set up a “satellite” office and taken steps in case another storm strikes the southern Louisiana coast during the 2008 hurricane season, an official said Friday. “We’ve...
RenRe Hosts Hurricane Risk Mitigation Leadership Forum
Jun 20 2008 // Bermuda’s RenaissanceRe Holdings Ltd. marked the start of the 2008 hurricane season by holding a seminar, the first ever “Hurricane Risk Mitigation Leadership Forum”, which announced some key findings on...
McCain, GOP Governors Split Over Disaster Fund
Jun 19 2008 // A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a handful of GOP governors —...
Harris County Leads Texas in Number of Tornadoes
Jun 19 2008 // Harris County has had almost twice as many tornadoes reported than any other county in the state according to a recent survey conducted by the Insurance Council of Texas (ICT). Despite its location south of what is...
Insured Property Value in Hurricane-Prone States to Double in 10 Years
Jun 17 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
Florida Task Force Issues Final Report on Citizens’ Claims Handling
Jun 16 2008 // The Task Force on Citizens Property Insurance Claims Handling and Resolution, created during the 2007 Legislative Special Session, issued its third and final report. In addition to the June 11 submission, the task force...
