Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Insurance issues have been key in Southeast’s ongoing recovery
Dec 25 2006 // While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance...
Top 10 Stories of the Year – East
Dec 24 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...
Top 10 Stories of the Year – South Central
Dec 24 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...
Top 10 Stories of the Year – Southeast
Dec 24 2006 // While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance...
Allstate Adds Maryland Coast to Its ‘No New Business’ List
Dec 22 2006 // Citing concerns that a warmer Atlantic Ocean will lead to more strong hurricanes hitting the region, Allstate Corp. will stop writing homeowners’ policies in coastal areas of Maryland. Starting in February, the...
La. Judge: Insurers Liable for Water
Dec 21 2006 // Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and...
Skyrocketing Insurance Rates Part of Gov. Bush’s Legacy
Dec 19 2006 // Earlier this year, Ginny Stevans began compiling the “book of tears” – dozens of e-mails from Floridians who are suffering because of skyrocketing property insurance rates. Stevans, president of a Pasco...
Hurricanes Provide Florida with Practice for Handling Possible Pandemic
Dec 19 2006 // Hurricanes and flu outbreaks wouldn’t seem to have much in common. But Florida officials say that if a global outbreak of influenza emerges, sickening millions, many of the lessons learned responding to storms would...
La. Rating Commission Rejects Key Rule Change for Allstate
Dec 18 2006 // A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina. The...
Virginia Property Owners Alerted to Insurers’ Higher Deductibles
Dec 14 2006 // Virginia’s Bureau of Insurance is advising property owners in the state that several top writers of property insurance are imposing mandatory hurricane deductibles of five percent on new and renewal policies. Many of...
TSR Predicts Active 2007 Atlantic Hurricane Season
Dec 11 2006 // In an early assessment Tropical Storm Risk (TSR) forecast “a return to high hurricane activity in 2007.” The London-based consortium of experts on insurance, risk management and seasonal climate forecasting led...
La. Lawmakers See Little Hope for Insurance Reform
Dec 8 2006 // Louisiana lawmakers will debate changes to state insurance laws beginning Dec. 8, but several said there’s little chance of passing major initiatives to address the problems homeowners face in finding and affording...
Florida Program Exceeds Goal of 12,000 Free Home Inspections
Dec 5 2006 // After completing 12,000 free home inspections by the end of the 2006 hurricane season – a goal that was exceeded by nearly 1,000 inspections – the pilot phase of the My Safe Florida Home program ended last...
Virginia Attorney’s Suit Blames City for Hurricane Floyd Floods
Nov 22 2006 // A Virginia attorney has refiled a $20 million lawsuit that blames the city of Newport News for flooding during Hurricane Floyd in 1999. The suit is on behalf of residents of the Denbigh area of the city, and follows a...
Miss. Governor Seeks Federal Aid for State’s Wind Pool
Nov 22 2006 // As soaring insurance rates stifle Hurricane Katrina recovery, Mississippi Gov. Haley Barbour is trying to finagle a second federal bailout of the state’s “wind pool” insurance program while coast business...
Modeler RMS Reaffirms Hurricane Loss Projections Through 2011
Nov 22 2006 // Hurricane loss modeler Risk Management Solutions (RMS) has reaffirmed its medium-term five-year view of landfalling hurricane risk for the period of 2007-2011. The company is projecting higher modeled annualized insurance...
Mississippi Governor Cited for Handling of Hurricane Katrina
Nov 21 2006 // Governor Haley Barbour has been named the nation’s most outstanding governor and a 2006 Public Official of the Year in recognition of his resourcefulness and cool-headed leadership in the face of Hurricane...
Catastrophe Bond Investors to Gain from Mild Hurricane Season
Nov 21 2006 // Investors who bet against the odds of another devastating Atlantic hurricane season now stand to cash in big-time on “catastrophe bonds.” Contrary to expert predictions, the season turned out to be the mildest...
Burden of proof to determine insurance coverage in ‘slab’ case
Nov 20 2006 // When asked to determine coverage under an insurance policy, courts frequently recite the principle that the insured has the burden of proving coverage under the policy and the insurer has the burden of proving exclusions...
Miss. couple denied new trial on storm surge
Nov 20 2006 // A federal judge says he won’t order a new trial for a Pascagoula, Miss. couple whose lawsuit against their insurance company was the first case to be tried in Gulfport after Hurricane Katrina spawned hundreds of...
