Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Consumer Groups Allege Insurance Wind Models More Politics Than Science
Apr 6 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...
Atlantic Preferred to Drop 140,000 Florida Policyholders
Apr 6 2006 // A large insurance company plans to begin canceling coverage for 140,000 Florida homeowners this summer, less than two months after the start of hurricane season. Atlantic Preferred Insurance Co. will begin dropping the...
Top Meterologist Predicts 17 Named Storms Will Form in Atlantic Basin
Apr 4 2006 // A well-known meteorologist is predicting that 17 named storms will form in the Atlantic Basin during the 2006 hurricane season, and the 2006 Atlantic hurricane season will be much more active than the average 1950-2000...
Alabama, Nebraska Receive $1.2M Hurricane Counseling Grants
Apr 3 2006 // Alabama and Nebraska have been awarded $1.2 million for crisis counseling assistance in the aftermath of hurricanes Katrina, Rita and Wilma, according to Charles Curie, administrator of the Substance Abuse and Mental...
TDI’s Selden explains department’s high tech, high touch approach
Apr 3 2006 // Texas Department of Insurance Senior Associate Commis-sioner for Consumer Affairs Audrey Selden had a good news/bad news story for the insurance industry when she spoke at the Austin Insurance Day, sponsored in early March...
WHISTLEBLOWER HELPING IN HURRICANE KATRINA LAWSUIT
Apr 3 2006 // A high-profile litigator in Moss Point, Miss., said a whistleblower is helping him build a case against insurers that allegedly denied thousands of claims from policyholders whose homes were destroyed in Hurricane...
Commissioner Long calls for strengthening N.C. building codes
Apr 3 2006 // Tougher building code standards aimed at reducing future hurricane damage in North Carolina have been sent to a state committee studying disaster management. Insurance Commissioner Jim Long petitioned the Joint Study...
Hurricane Fatigue
Apr 3 2006 // While homeowners and businesses can physically pickup the pieces following a natural disaster, mending the hearts and minds of those in the field is not so easy. Four industry CEOs recently described the emotional impact...
Risk Management Solutions predicts hurricane activity to increase losses by 40 percent
Apr 3 2006 // Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast,...
Measuring Risk: Insurers’ day of reckoning arrives
Apr 3 2006 // The threat of more natural disasters could make 2006 a watershed year in how the insurance industry measures risk. With American carriers revamping their reporting and management structures, insurers are expected to...
Totally ready or just terrorism ready?
Apr 3 2006 // Is the nation’s terrorism-centric focus hurting its efforts to plan for other disasters? Dr. James L. Valverde Jr., director of economics and risk management for the Insurance Information Institute, posed that...
FLOOD-DAMAGED VEHICLES SURFACE ON USED CAR LOTS
Apr 3 2006 // An estimated 500,000 cars were damaged by hurricanes last year. Unfortunately, many of these vehicles have been purchased by dishonest auto dealers, cleaned up and then sold, with their flood damage history illegally...
Northeast warned ‘historic’ weather disaster could hit this year
Apr 3 2006 // The northeast U.S. coast is “long overdue” and could be the target of a serious hurricane, perhaps as early as this season, according to forecasters. Weather experts at the AccuWeather.com Hurricane Center say...
Commissioner Long calls for strengthening N.C. building codes
Apr 3 2006 // North Carolina officials believe tougher and better building codes are essential to protect property along the coast and safeguard the state’s strong property insurance market. News Currents Tougher building code...
Lawyer: Whistleblower helping build case against insurer in Hurricane Katrina lawsuit
Apr 3 2006 // A high-profile litigator in Moss Point, Miss. said that a whistleblower is helping him build a case against insurers who denied thousands of claims from policyholders whose homes were destroyed in Hurricane...
have to be destroyed, howmany more lives have to be
Apr 3 2006 // City have the same protections as the people in Miami who have stronger building codes in place?” Legislative Update Stronger building codes called for in Florida Panhandle Residents in Florida’s Panhandle will...
Texas insurers see profits despite Hurricane Rita
Apr 3 2006 // Texas home insurers turned substantial profits last year despite Hurricane Rita’s destruction, prompting state regulators to question whether some companies’ rates are too high, the Associated Press...
Louisiana, Texas look to bonds for cat funding
Apr 3 2006 // With record hurricane losses in back to back seasons, states along the U.S. Gulf Coast are aiming to boost reserves for their insurers of last resort through the issuance of catastrophe bonds. Louisiana is hard at work...
News Currents
Apr 3 2006 // TDI’s Selden explains department’s high tech, high touch approach And tells a good news/bad news story along the way Texas Department of Insurance Senior Associate Commis-sioner for Consumer Affairs Audrey...
Managing Disasters
Apr 3 2006 // Totally ready or just terrorism ready? Is the nation’s terrorism-centric focus hurting its efforts to plan for other disasters? Dr. James L. Valverde Jr., director of economics and risk management for the Insurance...
