Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
UPDATE: Wilma Soaks Yucatan, Monday Landfall in Florida Expected; TS Alpha Forms
Oct 22 2005 // Hurricane Wilma pounded Mexico’s coastline for a second straight day Saturday, with reports of several deaths and thousands of tourists hunkering down in shelters trying to wait out the storm. Wilma, which had fallen...
Vesta Insurance Statement Confirms Reinsurance to Cover Hurricane Wilma
Oct 21 2005 // Birmingham, Ala.-based Vesta Insurance has confirmed it has complete reinsurance coverage if Hurricane Wilma results in claims in Florida. “As previously disclosed, Vesta’s losses from Hurricanes Katrina and...
Online Database Identifies Vehicles Damaged by Hurricanes
Oct 21 2005 // The National Insurance Crime Bureau (NICB) has created an online database consisting of motor vehicles or boats affected by Hurricanes Katrina and Rita for the public to search in an effort to protect them from fraudulent...
New Report Cites Lessons Learned from Hurricane Katrina
Oct 21 2005 // The devastating effects of Hurricane Katrina and the Great New Orleans Flood will lead to increased focus on controlling exposure to other potential ‘Super Catastrophes’ that can ultimately lead to mega-losses,...
S.W. Florida Anxiously Watching As Hurricane Wilma Approaches Cancun
Oct 21 2005 // Floridians living in the south tier of the state, in the Keys, on the southern west coast as far north as Tampa, and in Miami, are closely watching Hurricane Wilma slow its forward speed to 5 mph, and wind-speed drop to...
La. DOI Staff Available to Help With Insurance Matters at Recovery Centers
Oct 21 2005 // Commissioner of Insurance Robert Wooley announced that members of the Louisiana Department of Insurance Consumer Affairs staff, along with employees of other states’ insurance departments, are on hand at 12 Louisiana...
FAIA Urges Members to Take Precautions Now for Hurricane Wilma
Oct 21 2005 // When the National Hurricane issued an alert saying to expect Hurricane Wilma to make landfall on Florida’s southwest coast on Monday afternoon, the Florida Association of Insurance Agents issued an alert urging...
Taylor, Baker Appeal to House Financial Services Committee to Backdate Flood Coverage
Oct 21 2005 // Mississippi Rep. Gene Taylor, D-4th District, and Rep. Richard Baker, R-La., were key witnesses Thursday in Washington at a House Financial Services subcommittee hearing on the financial health of the federal flood...
Mobile Response Units Readied As Citizens Prepares for Hurricane Wilma
Oct 21 2005 // With Hurricane Wilma threatening to strike Florida, Citizens Property Insurance Corp. is preparing to handle possible resulting claims. The state’s insurer of last resort is also readying its mobile response units to...
RIMS Benchmark Survey Reports Major Downturn in Commercial Rates
Oct 20 2005 // Commercial insurance premiums took a sharp downward turn in the third quarter, according to the RIMS Benchmark Survey, an industry survey of current policy renewal prices as reported by corporate risk managers. But some...
Floridians Prepare for Hurricane Wilma to Make Landfall Sunday; Could Veer Across the Peninsula to Other Coast
Oct 20 2005 // Floridians along the southwestern coast of the peninsula are closely watching as Hurricane Wilma slowly move along the southwestern Caribbean. National Hurricane Center forecasters in Miami predict after Wilma crosses...
UPDATE: Wilma “A Catastrophic Category Five Hurricane;” Lowest Pressure Ever Recorded
Oct 19 2005 // Hurricane Wilma, the 12th of the season, has become “a catastrophic category five hurricane on the Saffir-Simpson scale” states the latest bulletin from Miami’s National Hurricane Center. In less than 24...
Hurricane-Related Insurance Claims Paid Top $1.2B in Miss.
Oct 19 2005 // Mississippi Commissioner of Insurance George Dale reported that insurance companies have paid out approximately $1,266,828,689 billion in claims related to hurricanes in Mississippi so far. Approximately 319,959 claims...
General Casualty Assists with Hurricane Relief Help
Oct 19 2005 // For the second time in less than a year, Wisconsin-based General Casualty and its employees answered a call for financial help, donating more than $42,000 this week to the American Red Cross Response Fund in support of...
Fla. Insurance Industry Preps for Wilma
Oct 19 2005 // Hurricane Wilma, with a barometric pressure of 882 mb, is now the most intense hurricane on record in the Atlantic Basin. After rapid intensification Tuesday night, Wilma is now a potentially catastrophic Category 5...
Mold a Threat After Hurricane Rita
Oct 19 2005 // Homeowners, renters and business owners affected by Hurricane Rita need to know that failure to remove mold and mildew properly can result in serious, long-term health problems, including asthma and other respiratory...
Wilma Forms into Hurricane, Rotating off Coast of Honduras
Oct 18 2005 // Wilma, the 21st named storm of the current season, strenthened to hurricane force today with sustained winds in excess of 75 mph (120 km/hr). The storm is still slowly rotating off the coast of Honduras, and hurricane...
Safeco Unveils Q3 Report; Hurricanes Play Major Role
Oct 18 2005 // Seattle-based Safeco reported solid third-quarter results, with net income of $101.1 million, or $0.80 per diluted share. This figure includes estimated after-tax net catastrophe losses of $115.8 million, or $0.91 per...
UPDATE: Wilma Gains Hurricane Status; U.S. Gulf Keeps Watch
Oct 18 2005 // Gaining a better defined center, Tropical Storm Wilma strengthened into a hurricane Tuesday on a path that could pose a threat to Florida by the weekend. At 11 a.m. EDT, Wilma had top sustained winds of near 75...
A.M. Best: P/C Insurers Report Strong Gains for First Half of 2005
Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...
