Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Hurricane Katrina Leads to Large Number of Claims, Frustration
Dec 19 2005 // While Hurricane Katrina spent only a couple of days menacing the Gulf Coast, the trail of destruction in both lives and properties lingers on months later. As places like New Orleans, Mississippi and other surrounding...
Insurance Commissioners Push Framework for National Cat Program
Dec 19 2005 // Insurance regulators, on the heels of the National Catastrophe Insurance Summit in Burlingame, Calif., in November, are peddling the framework for a national catastrophe insurance program they say would protect U.S....
Lloyd’s Hurricane Losses Top $ 5 Billion
Dec 19 2005 // In an updated statement, Lloyd’s acknowledged that it now estimates the London market’s combined losses from the three hurricanes that struck the U.S. will exceed $5 billion. The new figures are based on the...
Five Major Hurricanes Expected in 2006
Dec 19 2005 // Seventeen named storms could strike the Atlantic basin next year, with nine developing into hurricanes, if predictions by William Gray and Philip Klotzbach of Colorado State University based in Ft. Collins come true. They...
Preparing for Worst, Cat Modelers Say More Destruction Ahead
Dec 19 2005 // Florida has survived eight hurricanes in 15 months, but more destruction is coming, according to risk modeling companies and economists speaking at the National Catastrophe In-surance Summit in Burlingame,...
Insurance Actuaries Prepared for Even More Damaging Hurricanes
Dec 19 2005 // Despite the unprecedented nature of the four hurricanes making landfall in Florida in 2004 and the huge disasters spawned in the Gulf of Mexico in 2005, panelists at the recent annual meeting of the Casualty Actuarial...
Opportunity Knocks
Dec 19 2005 // As 2005 draws to a close it marks the end of the second tumultuous year for the industry. After the multiple hurricanes of 2004, everyone was hoping 2005 would be calmer, but we ended up having an even more catastrophic...
Historic Hurricane Year Puts the Spotlight on Federal Flood Insurance
Dec 19 2005 // Hurricanes Katrina and Rita affected the Gulf Coast as some of the strongest storms to hit the United States during the last 100 years, causing widespread devastation and flooding. In mid-January the country saw more than...
Independent Agents Feel Hurricane Katrina’s Full Force
Dec 19 2005 // Residents in many areas of the Gulf Coast watched their lives change forever on Aug. 29, 2005. When all was said and done, Hurricane Katrina went in the record books as the country’s worst natural disaster, leaving a...
Meeting Today’s Challenges and Preparing for Tomorrow’s
Dec 19 2005 // Several pressing public policy issues remain to be debated in the Gulf region and across the country. At the forefront is the question of how we, as a nation, will finance losses from future mega-catastrophes. Weather...
Five Major Hurricanes Expected in 2006
Dec 19 2005 // Seventeen named storms could strike the Atlantic basin next year, with nine developing into hurricanes, if predictions by William Gray and Philip Klotzbach of Colorado State University based in Ft. Collins come true. They...
Liberty Mutual Hires Former 9/11 Fund Head to Mediate Hurricane Claims
Dec 19 2005 // Liberty Mutual Insurance Company has hired the mediator who oversaw the Sept. 11 Victim Compensation Fund to help settle insurance claims filed by homeowners after hurricanes Katrina and Rita. The Boston insurer’s...
Houston Man Charged in Katrina Claims Filing Scam with FEMA
Dec 19 2005 // United States Attorney Chuck Rosenberg announced the filing of criminal charges against Clifford Neville, 53, of Houston, Texas, for reportedly filing false claims for emergency disaster funds with the Federal Emergency...
Insurers Urged to Assess Climate Change Risks
Dec 19 2005 // State treasurers and controllers from around the country are urging major insurance companies to analyze and disclose their financial risk from climate change, warning that higher rates and loss of coverage are...
Tomorrow’s Insurance Products Are Being Developed Today
Dec 19 2005 // Hurricanes, Capital, Agents and Technology Feed the Product Process Looking for a new market? Most people in the industry are, including those who get paid to come up with new insurance products. According to these product...
Dec 18 2005 // Five Major Hurricanes Expected in 2006 Seventeen named storms could strike the Atlantic basin next year, with nine developing into hurricanes, if predictions by William Gray and Philip Klotzbach of Colorado State...
Disaster Recovery Aid Surpasses $564.6M for Hurricane Rita
Dec 18 2005 // Families and individuals who suffered damage from Hurricane Rita have received more than $564,654,596 in assistance from state, federal, local and voluntary agencies. These agencies are working in partnership to continue...
Meeting Today’s Challenges and Preparing for Tomorrow’s
Dec 18 2005 // Several pressing public policy issues remain to be debated in the Gulf region and across the country. At the forefront is the question of how we, as a nation, will finance losses from future mega- catastrophes. Weather...
Insurance Commissioners Push Framework for National Cat Program
Dec 18 2005 // Insurance regulators, on the heels of the National Catastrophe Insurance Summit in Burlingame, Calif., in November, are peddling the framework for a national catastrophe insurance program they say would protect U.S....
Editor’s Note: Opportunity Knocks
Dec 18 2005 // As 2005 draws to a close it marks the end of the second tumultuous year for the industry. After the multiple hurricanes of 2004, everyone was hoping 2005 would be calmer, but we ended up having an even more catastrophic...
