Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
La.: Hurricanes did $100B in Damage; State Short $34B to Cover Losses
Aug 28 2007 // Hurricanes Katrina and Rita were a $100 billion blow to Louisiana buildings and infrastructure, and federal aid and insurance payments fall about $34 billion short of making up for the losses, a state agency says. The $100...
Deadline Looms for Filing Suits Against Insurers Over Katrina
Aug 27 2007 // Courts in Louisiana already inundated by a wave of litigation against insurance companies over damage from Hurricane Katrina are bracing for a last-minute barrage of lawsuit filings as a deadline nears. Thousands of...
Florida’s Catastrophe Fund Bond Sale Delayed
Aug 27 2007 // The board that invests state money is delaying a bond issue meant to shore up Florida’s backup Hurricane Catastrophe Fund, waiting until financial markets stabilize before completing the bond sale. The state Board of...
AIR Estimates Dean Mexico Losses ‘Unlikely To Exceed $400 Million’
Aug 23 2007 // AIR Worldwide’s provisional assessment of the losses in Mexico from Category 5 Hurricane Dean indicated that they are “unlikely to exceed $400 million.” AIR said its estimate “covers insured losses...
RMS Estimates Dean Losses around $1.5 Billion
Aug 22 2007 // Newark, Calif.-based Risk Management Solutions announced that it estimates losses from Hurricane Dean are likely to range between $750 million and $1.5 billion. RMS’ preliminary indications show around $300 million...
AIR: Dean Jamaica Losses Won’t Exceed $1.5 Billion
Aug 21 2007 // AIR Worldwide has issued preliminary estimates indicating that insured losses in Jamaica from Hurricane Dean will not exceed $1.5 billion. The figure “covers insured losses to property, contents, business...
Cat Five Dean Slams Yucatan
Aug 21 2007 // Hurricane Dean joined a small but devastating group of Category five hurricanes with winds in excess of 160 mph (255 kp/hr) as it slammed into the Yucatan Peninsula near the border of Mexico and Belize. News reports (BBC,...
Dean’s Damages Delimited
Aug 20 2007 // Hurricane Dean, is the most powerful storm to roil the waters of the Caribbean since Wilma in 2005. So far it’s been responsible for at least six deaths. After ravaging Martinique and St. Lucia as a category two...
Texans Prepare as Dean Draws Near
Aug 20 2007 // Some South Texas areas have begun taking precautions as Category 4 Hurricane Dean charted a course toward the Yucatan Peninsula and the Gulf of Mexico, with the Texas coast a possible target. City officials in Brownsville...
Katrina at Two Years
Aug 20 2007 // $40.6 billion paid on 1.7 million insurance claims Two years after Hurricane Katrina struck, the “overwhelming majority of claims” in Gulf Coast states from her destruction have been settled in what has been...
Court affirms flood exclusions in La. property policies
Aug 20 2007 // Two federal appeals court rulings in early August in class-action lawsuits stemming from Hurricane Katrina-related property damage in Louisiana underscored the validity of flood exclusions in property insurance...
News Currents
Aug 20 2007 // Court affirms flood exclusions in La. property policies Two federal appeals court rulings in early August in class-action lawsuits stemming from Hurricane Katrina-related property damage in Louisiana underscored the...
Katrina at Two Years
Aug 20 2007 // Two years after Hurricane Katrina struck, the “overwhelming majority of claims” in Gulf Coast states from her destruction have been settled in what has been the single largest loss — $40.6 billion —...
Dean Becomes Season’s First Atlantic Hurricane
Aug 16 2007 // The Atlantic hurricane season has begun. The National Hurricane Center has designated Tropical Storm Dean, with winds up to 80 mph, as the first hurricane and issued a warning that it is headed for the Caribbean’s...
Interim Report: No Proof Insurers Labeled Katrina Wind Claims as Flood
Aug 16 2007 // A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal government’s flood...
Tropical Storm, Hurricane a Wake-up Call for Coastal Residents
Aug 16 2007 // Tropical Storms Erin and Dean should serve as a wake-up call to anyone living along the Texas coast that hurricanes may not be too far away. “There is no better time than now to prepare evacuation plans and gather...
Development on Delaware Coast Raises Evacuation Concerns
Aug 15 2007 // The growing number of year-round residents in Delaware’s southern coastal communities has state officials concerned about evacuation plans for hurricanes and other natural disasters. Officials previously have...
U. of Fla. Researchers Halt Hurricane with Flick of Switch
Aug 15 2007 // Roaring winds top 100 mph and rains fall in heavy sheets, but Forrest Masters can stop the storm at the flick of a switch with his newly completed hurricane simulator. Masters and a group of University of Florida in...
Magnitude 5.3 Earthquake Jolts Hawaii’s Big Island
Aug 15 2007 // An earthquake on Monday jolted the Big Island of Hawaii, which is already under a hurricane watch and a tropical storm warning. The magnitude 5.3 temblor struck at 7:38 p.m. local time, about 25 miles south of Hilo,...
Hurricane Modeling Pioneer Clark Forms Consulting Company
Aug 14 2007 // Catastrophe modeling pioneer and founder of the firm AIR, Karen Clark, has formed a new firm—Karen Clark & Co.—to help companies better use catastrophe models in important risk management decisions. The Boston...
