Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Southeast regulators united in call for national disaster plan
Nov 20 2006 // The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory decisions — of insurance regulators in the southeastern United...
News Currents
Nov 19 2006 // Miss. couple denied new trial on Katrina storm surge 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...
News Currents
Nov 19 2006 // Southeast regulators united in call for national disaster plan The New Madrid fault line, the Atlantic hurricane season and tornado alley are just a few factors that weigh heavily on the minds — and regulatory...
Burden of proof to determine insurance coverage in ‘slab’ case
Nov 19 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...
Gov. Blanco Wants Overhaul for Louisiana’s ‘Last Resort’ Insurer
Nov 16 2006 // Louisiana’s Legislature needs to overhaul the Louisiana Citizens Property Insurance Corp., created by the state as an “insurer of last resort,” because of problems created by last year’s hurricanes,...
New Research Center in Miss. Aims for Better Hurricane Forecasts
Nov 15 2006 // Scientists at a new research institute are studying ways to improve hurricane forecasts and protect the U.S. Gulf Coast’s natural resources from storms, the National Oceanic and Atmospheric Administration...
Fla. Weighs Special Session to Take Up Property Insurance Ideas
Nov 15 2006 // Insurers would be able to buy more reinsurance from the state’s hurricane catastrophe fund and homeowners would be able to buy lower cost policies offering less than complete coverage if recommendations from a...
A year after Katrina, commercial property market ‘bleak’ in New Orleans
Nov 6 2006 // Placing of business is harder than it has ever been, agent says We insure a business in French Quarter in New Orleans which was unaffected by the flooding from Katrina and for the most part had fairly limited windstorm...
SOUTHEAST TOPS TOP 10 HURRICANE-PRONE AREAS
Nov 6 2006 // Dr. Stephen P. Leatherman, director of the International Hurricane Research Center at Florida International University, in Miami released the Top 10 List that nobody wants to be on: the 10 Most Vulnerable U.S. Mainland...
Southeast tops top 10 hurricane-prone areas
Nov 5 2006 // Dr. Stephen P. Leatherman, director of the International Hurricane Research Center at Florida International University, in Miami released the Top 10 List that nobody wants to be on: the 10 Most Vulnerable U.S. Mainland...
Judge Denies Miss. Couple New Trial on Storm Surge Coverage
Nov 3 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...
Hanover: Big 3d Quarter Improvement, Despite Katrina Charge
Oct 31 2006 // The Hanover Insurance Group, Inc. reported net income for the third quarter of $33.4 million, or $0.65 per share, compared to a net loss of $562.4 million, or $10.51 per share, in the third quarter of last year. The...
Fewer Hurricanes Allow St. Paul Travelers 3rd Quarter Profit to Soar
Oct 27 2006 // Minneapolis-based St. Paul Travelers Cos. Inc. reported a six-fold increase in earnings and raised its guidance for the full year after clearing the third quarter without significant hurricane losses. Insurers struggled...
Disaster Planners Focus Anew on Lake Okeechobee, Miami area
Oct 25 2006 // Disaster planners will use $4 million in federal money to map out preparations for two catastrophic Florida hurricane scenarios: the failure of the dike around Lake Okeechobee and the impact of a powerful Category 5 storm...
Declarations
Oct 23 2006 // Virginia flooding “I really feel for the business owners in the heart of downtown who have fought so hard to come back after Floyd in 1999.” Virginia Gov. Timothy M. Kaine in declaring a statewide emergency...
Alabama coastal property owners face more insurer restrictions
Oct 23 2006 // Two of the Alabama’s largest insurance firms said they’re reducing coverage and increasing deductibles in Mobile and Baldwin counties, citing frequent hurricanes, coastal construction growth, lack of strong...
Hurricane risk reduces prospective profit of homeowners insurance
Oct 23 2006 // Increases in homeowners insurance rates have not been sufficient thus far to provide an adequate return on equity on homeowners insurance, making further increases necessary, according to an analysis by Aon Re. With...
Fla. Honors Retiring Hurricane Forecaster Mayfield
Oct 20 2006 // Governor Jeb Bush and members of the Florida Cabinet passed a resolution this week honoring Max Mayfield’s career in public service. As director of National Oceanic and Atmospheric Administration’s (NOAA)...
Alabama Says Katrina Mediation Working
Oct 19 2006 // A mediation program launched by the Alabama Department of Insurance following Hurricane Katrina is bearing fruit, says Commissioner Walter A. Bell, pointing to a 90 percent success rate. “We directed the companies...
Allstate Swings to $1.16 Billion Gain in 3rd Quarter with Fewer Hurricanes
Oct 19 2006 // Northbrook, Ill.-based Allstate Corp., the second-largest U.S. personal-lines insurer behind State Farm, reported a $1.16 billion third-quarter profit Wednesday as it benefited from a quiet hurricane season. The company...
