Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Wisconsin Insurer Warns Buyers About Post-Hurricane Vehicle Fraud
Feb 7 2006 // Sun Prairie, Wis.-based General Casualty Insurance Companies are cautioning customers about the possibility that the shiny pre-owned Honda or Buick being considered for purchase may have been submerged in flood...
RenaissanceRe Sees Q4 Operating Loss of $207M
Feb 7 2006 // Bermuda-based RenaissanceRe Holdings Ltd. reported a net operating loss attributable to common shareholders of $206.9 million in the fourth quarter of 2005, principally reflecting a $313.9 million net negative impact from...
AXIS Capital Notes Profitable Year; Reports Net Income of $90.1M
Feb 7 2006 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders of $90.1 million for the year ended Dec. 31, 2005, or $0.57 per diluted common share, compared with net income of $495.0...
Aon Impact Forecasting Team Releases Report on Atlantic Storms
Feb 6 2006 // It was a year with more storms in the Atlantic than any other on record, and it was also the costliest hurricane season ever. Impact Forecasting, a wholly owned subsidiary of Aon Corporation, studies some of the possible...
PartnerRe Sees Q4 Net Loss of $33.6M
Feb 6 2006 // Bermuda-based PartnerRe Ltd. reported a net loss of $33.6 million, or $0.76 per share, for the fourth quarter of 2005. This net loss includes net after-tax realized gains on investments of $37.0 million or $0.66 per share....
The big one
Feb 6 2006 // Is this the year Texas will be hit by the “big one?” Last year, Louisiana and Mississippi got hammered, Alabama and Florida, too, along with the year before. The big one, of course, is a hurricane–a...
Time to reflect on hurricane lessons learned
Feb 6 2006 // There is no doubt that 2005’s unprecedented hurricane season stretched the human resources of the entire claims industry. Qualified, experienced adjusters were in high demand and short supply. While there are still...
Editor’s Note: Who will be Florida’s governor?
Feb 5 2006 // Two Democrat and two Republican candidates are in an all-out battle to gain support as the candidate for governor. Visibility, action and the public’s conception of how the candidate’s actions affected them...
Colorado State U. review finds 2005 hurricane season ‘Most active
Feb 5 2006 // A list of the 2005 hurricane season’s most unique characteristics and facts has been released by Colorado State University. A CSU statement said that the just-completed hurricane season was the most active and...
While the industry can almost certainly handle a single storm such as Katrina, should we realistically expect it to hand
Feb 5 2006 // There is no doubt that 2005’s unprecedented hurricane season stretched the human resources of the entire claims industry. Qualified, experienced adjusters were in high demand and short supply. While there are still...
News Currents
Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information Center Windstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed After 2004, 2005 hurricane season, record attendance...
Editor’s Note:
Feb 5 2006 // The insurance industry is expected to pay out a record $56.8 billion for 2005 insured residential and business property losses. Is this the year Texas will be hit by the “big one?” Last year, Louisiana and...
News Currents
Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information Center Windstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed The controversy over litigation about wind vs. flood damage...
Time to reflect on hurricane lessons learned
Feb 5 2006 // There is no doubt that 2005’s unprecedented hurricane season stretched the human resources of the entire claims industry. Qualified, experienced adjusters were in high demand and short supply. While there are still...
High Winds Leave Heavy Damage in Hurricane-Hit Areas of New Orleans
Feb 3 2006 // A violent thunderstorm swept through neighborhoods in New Orleans hit hard by Hurricane Katrina, tearing off roofs, knocking down utility poles and collapsing at least one previously storm-damaged house early on Feb. 2,...
I.I.I. Says Nearly 70% of Katrina Homeowner Claims Settled in Louisiana, Mississippi
Feb 2 2006 // Homeowners insurers have settled nearly 70 percent of claims from Hurricane Katrina in Louisiana and Mississippi, according to the Insurance Information Institute (I.I.I.). The I.I.I. estimated that more than 732,000...
Allstate Earnings Drop 9% on Hurricane Damages from 3 Storms
Feb 2 2006 // Insurer Allstate Corp. says it has settled about 75 percent of the property claims and nearly all auto claims stemming from Hurricanes Katrina, Rita and Wilma. But the company cited Wilma, which battered south Florida in...
National Hurricane Director to Speak at Windstorm Conference
Feb 1 2006 // National Hurricane Center Director Max Mayfield and former NFL Player Danny Wuerffel will be among the keynote speakers sharing their experiences of last year’s hurricane season at the Seventh Annual Windstorm...
Thousands of Hurricane Evacuees In Georgia Missed FEMA Deadline
Feb 1 2006 // Thousands of hurricane evacuees around the state will have to start paying their own hotel bills next Tuesday after missing a deadline to register for additional federal funds. Evacuees in nearly 2,000 hotel rooms missed a...
Florida Condo, Carrier Reach Hurricane Repair Agreement
Feb 1 2006 // Southern Family Insurance representatives have met with 200 Century Village condominium owners in Boca Raton, Fla. and agreed to pay for extensive hurricane repairs including the replacement of five roofs. Bob Goolman,...
