Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Off-year election 2007 could provide glimpse into 2008
Oct 27 2007 // This fall is an off-year election season with only a handful of federal races and most state houses gearing up for contests in 2008. However there are some races — a hotly-debated referendum in Washington and key...
Slow, Plodding Hurricane Recovery Problems Await New La. Gov.
Oct 24 2007 // Newly elected Gov. Bobby Jindal will face a slew of hurricane recovery problems that plagued his predecessor, but Jindal isn’t charting a complete shake-up of Louisiana’s recovery efforts. Instead, Jindal, a...
Homeowners Insurers Not Earning Cost of Capital Despite Rate Increases
Oct 24 2007 // The countrywide prospective return on equity for the homeowners line of insurance for 2007 is 7.0 percent, up from 5.4 percent in 2006, according to an analysis by Aon Re Global, a unit of Aon Corp. The year-over-year...
Council says Hurricane Humberto Caused $30M in Losses in Texas
Oct 22 2007 // Officials with the Insurance Council of Texas say Hurricane Humberto, which hit the state last month, caused about $30 million in insured losses in Texas. Humberto made landfall on Sept. 13 near High Island, a coastal town...
FEMA Expands Program to Help Hurricane Evacuees Move Home
Oct 17 2007 // The Federal Emergency Management Agency has expanded eligibility for a program to pay travel costs for Gulf Coast hurricane victims moving back home. The one-time grant, still capped at $4,000, is now open to applicants...
Feds Drawing Up Plans for Major Disasters in 4 Key States
Oct 16 2007 // The Federal Emergency Management Agency is quietly drawing up plans for a handful of disasters: devastating earthquakes beneath San Francisco and St. Louis and catastrophic storms in South Florida and Hawaii, FEMA’s...
Mass. AG Calls for 18% Cut in Home Insurance Rates Charged by FAIR Plan
Oct 12 2007 // Homeowners insurance rates for many in Massachusetts insured through the state’s secondary market insurer, the FAIR Plan, would drop 18 percent if Massachusetts Attorney General Martha Coakley gets her...
La. Governor Candidates Offer Array of Insurance Ideas
Oct 10 2007 // The four major candidates for Louisiana governor have a range of different ideas for eliminating a persistent obstacle to south Louisiana’s hurricane recovery: high homeowners insurance rates. Walter Boasso and Bobby...
Adding wind peril coverage is not the solution
Oct 8 2007 // The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular,...
Adding wind coverage to flood not the solution …
Oct 8 2007 // The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular,...
Declarations
Oct 8 2007 // They love it “Insurance companies love mediation.” — Louisiana Insurance Commissioner Jim Donelon, speaking before the state’s Senate Insurance Committee, added that mediation costs less than going...
Oct. 31 is deadline for insurer review of premium credits in La.
Oct 8 2007 // Insurance companies have until Oct. 31 to review the discounts they offer for property insurance policies in Louisiana that don’t cover wind or have high hurricane deductibles, according to a bulletin issued by the...
Adding wind peril coverage is not the solution
Oct 8 2007 // The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular,...
Adding wind coverage to flood not the solution
Oct 8 2007 // The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular,...
Adding wind coverage to flood not the solution …
Oct 8 2007 // The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular,...
Oct. 31 is deadline for insurer review of premium credits in La.
Oct 8 2007 // Insurance companies have until Oct. 31 to review the discounts they offer for property insurance policies in Louisiana that don’t cover wind or have high hurricane deductibles, according to a bulletin issued by the...
Declarations
Oct 8 2007 // Declarations They love it “Insurance companies love mediation.” — Louisiana Insurance Commissioner Jim Donelon, speaking before the state’s Senate Insurance Committee, added that mediation costs...
Adding wind peril coverage is not the solution
Oct 8 2007 // The Flood Insurance Subcommittee of the American Academy of Actuaries has reviewed the provisions currently in H.R. 3121 that affect the financial well being of the National Flood Insurance Program (NFIP). In particular,...
N.Y. Proposes ‘Rainy Day’ Catastrophe Insurance Fund With Eventual Tax Break
Oct 5 2007 // Insurance companies providing homeowners, business and other property insurance in New York State would be required to create a catastrophe reserve fund to help pay claims caused by hurricanes and other natural disasters...
For Small Fla. Insurer, Sunshine State Brings Storm Clouds
Oct 3 2007 // From “Happy Days” to “The Perfect Storm” is how one Florida insurance executive describes her state’s turbulent and defining years between 2003 and 2007 – and she isn’t talking...
