Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
La. Officials Urge Federal Role in Hurricane Insurance
Feb 8 2007 // Louisiana state senators say they will ask Congress to have the federal government insure homes against hurricane damage, as it does for floods. “Y’all won’t sell it, so why not get the federal government...
U.S. Wants $309M in Katrina Hurricane Aid Returned
Feb 7 2007 // In the New Orleans neighborhood President George W. Bush visited after Hurricane Katrina, the U.S. government gave $84.5 million to more than 10,000 households. But official figures show fewer than 8,000 homes existed...
D.C. Man Sentenced for FEMA Hurricane Relief Fraud Scheme
Feb 6 2007 // Jeffrey Alan Rothschild, 59, also known as Jeffrey Zahler, has been sentenced to 102 months in prison in connection with a scheme to defraud the Federal Emergency Management Agency (FEMA) of more than $100,000 in relief...
USAA Defends Its Katrina Response Against Comments by Miss. AG Hood
Feb 1 2007 // In response to a recent pending settlement involving State Farm Insurance, certain victims of Hurricane Katrina and the State of Mississippi, USAA or United Services Automobile Association, came forward to define what it...
Carvill Issues 2006 Hurricane Report
Jan 31 2007 // ReAdvisory, the analytical arm of specialty reinsurance intermediary Carvill, has released a white paper titled: “2006 Atlantic Hurricane Season in Review,” which examines recent weather patterns in the...
The Hanover Net Income Down in 4th Quarter But Up for Year
Jan 30 2007 // Net income for the fourth quarter of 2006 at The Hanover Insurance Group, Inc. fell to $45.5 million, or $0.88 per share, compared to $118.7 million, or $2.19 per share, in the fourth quarter of the prior year. Net income...
Windstorm expected to be major insurance issue for Texas lawmakers
Jan 29 2007 // Funding for the Texas Windstorm Insurance Asso-ciation (TWIA) may not be the only insurance issue on lawmakers’ plates during the 2007 session of the Texas Legislature, but it will likely be the most high profile...
It Figures
Jan 29 2007 // $445 Billion Nearly half a billion dollars will be given to U.S. cities and regions to help reduce the risk of terror attacks on ports, transit systems and chemical plants, Homeland Security Secretary Michael Chertoff...
Eqecat Analysis Predicts Risk for Insured Losses from U.S. Hurricanes Higher
Jan 29 2007 // Oakland, Calif.-based Eqecat Inc. is predicting that in the next decade, the risk for insured losses from hurricanes in the United States will be higher than the long-term average derived from 100 years of data, according...
Coping with catastrophe
Jan 29 2007 // Ten things agents and brokers can do to help clients obtain adequate cat coverage When it comes to property catastrophe insurance coverage, many commercial clients are being forced to swallow a bitter pill in the form of...
Biggest U.S. property cat losses in 2006 were away from coasts
Jan 29 2007 // Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in...
Now Is No Time to Ease Up on Loss Prevention, Warns Risk Expert
Jan 29 2007 // The insurance industry and its customers must not let down their guard concerning loss prevention despite a mild hurricane season and a quiet time on the terrorism front in the U.S., advises an expert in risk and...
A look behind the very good P/C results for 2006
Jan 28 2007 // This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955. News Currents The numbers, or estimates, for the property casualty...
Windstorm expected to be major insurance issue for Texas lawmakers
Jan 28 2007 // Funding for the Texas Windstorm Insurance Asso-ciation (TWIA) may not be the only insurance issue on lawmakers’ plates during the 2007 session of the Texas Legislature, but it will likely be the most high profile...
It Figures
Jan 28 2007 // $445 Billion Nearly half a billion dollars will be given to U.S. cities and regions to help reduce the risk of terror attacks on ports, transit systems and chemical plants, Homeland Security Secretary Michael Chertoff...
Building Codes Worked During Hurricane Rita, Study Shows
Jan 26 2007 // A study of 9,835 reported claims on residential dwellings damaged in Hurricane Rita conducted by the Texas Windstorm Insurance Association (TWIA) shows that building codes work, the association announced. TWIA is the...
La. Gov. Criticizes Bush for No Mention of Hurricane Recovery in Speech
Jan 25 2007 // Louisiana Gov. Kathleen Blanco angrily criticized President George W. Bush on Jan. 24 for leaving out of his State of the Union speech any mention of the hurricanes that devastated Louisiana in 2005 and complained that her...
Partisan Politics Influenced Katrina Response, Says Former FEMA Chief
Jan 23 2007 // Political storm clouds gathered again over the federal government’s response to Hurricane Katrina as former Federal Emergency Management Agency Director Michael Brown said party politics played a role in decisions on...
Fla. Lawmakers Agree on Insurance Relief Plan; Bill Sent to Gov. Crist
Jan 23 2007 // Florida homeowners could see property insurance rates cut by as much as 40 percent under a plan finalized by lawmakers hoping to reverse hurricane-fueled increases many residents say have threatened to price them out of...
Biggest U.S. Property Cat Losses in 2006 Were Away From Coasts
Jan 19 2007 // Property casualty insurers increasingly steered clear of the water out of fear of catastrophe losses during the past year. But while they were keeping a wary eye on the coasts in 2006, and escaped relatively unscathed in...
