Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
UPDATE: NAIC Fall National Meeting Canceled in Wake of Katrina
Aug 30 2005 // The National Association of Insurance Commissioners (NAIC) decided on Wednesday to cancel their fall conference, scheduled for New Orleans from Sept. 10-13. Approximately 1,500 insurance regulators, industry...
Katrina Category Two, Headed North Near Hattiesburg
Aug 29 2005 // At noon Monday, Hurricane Katrina’s sustained winds had decreased to 105 mph, with higher gusts and it was a Category 2 hurricane, leaving in its wake damage from Florida to Louisiana. The center of Katrina was at...
Katrina Could Cost Insurers Up to $30 Billion, Forecasters Say
Aug 29 2005 // Oakland, Calif.-based EQECAT, Inc., Oakland, Calif., announced Sunday afternoon that based upon current information provided by the National Oceanic and Atmospheric Administration (NOAA) about Hurricane Katrina,...
Fitch: Katrina Likely to be Largest Insured Loss Since 9/11, 1992’s Hurricane Andrew
Aug 29 2005 // Hurricane Katrina likely will be the largest insured loss from a single event since the terrorist attacks of Sept. 11, 2001 and the largest U.S. hurricane loss since Hurricane Andrew in 1992, Fitch Ratings said...
UPDATE: Katrina Sets Sights on New Orleans; Sustained Winds at 160 mph
Aug 28 2005 // Officials, residents and tourists went into the evening hours Sunday in New Orleans and surrounding areas watching the skies. As rain began to fall and winds picked up, The Big Easy could be in line for a direct and...
UPDATE: Emergency Aid Authorized for Hurricane Katrina Emergency Response in Louisiana
Aug 28 2005 // Michael Brown, under secretary of Homeland Security for Emergency Preparedness and Response, announced that Federal resources are being allocated to support emergency protective response efforts response efforts in the...
RMS: Katrina Could be Even More Devastating than Hurricanes Camille and Betsy
Aug 28 2005 // Based on the current track and forecast intensity (as of Sunday afternoon), insured losses from Hurricane Katrina’s second landfall on the Gulf Coast of the U.S. could be even more devastating than previous...
Gulf Coast States Keep Watchful Eye on Katrina; Seven Deaths Reported
Aug 27 2005 // Having already killed seven and resulting in a variety of property damages, Hurricane Katrina set her sights on the Florida Panhandle and westward Saturday as she spun in the Gulf of Mexico. As of Saturday morning, the...
AIR Worldwide Estimates Hurricane Katrina’s Damages at Less Than $600M
Aug 26 2005 // AIR Worldwide Corp., a risk modeling company, estimates that insured losses from the initial landfall of Hurricane Katrina should not exceed $600 million. With maximum sustained wind speeds of 80 mph at landfall, Hurricane...
CNA Opens Claims Center for Hurricane Katrina
Aug 26 2005 // CNA insurance companies announced the opening of a Catastrophe Operations Center within its Nashville, Tennessee office for handling anticipated claims from Hurricane Katrina. All new Hurricane Katrina losses should be...
RMS: Katrina Losses Initially Estimated at $1B-$2B
Aug 26 2005 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses from Hurricane Katrina’s first landfall in the U.S. are likely to range from $1 to...
Fla. AG Cautions Katrina Flood Victims, Be Careful In Choosing a Contractor
Aug 26 2005 // Attorney General Charlie Crist has advised Floridians affected by Hurricane Katrina to use extra caution when hiring workers to help clean up the damage caused by the storm. In particular, the Attorney General warned those...
TD12 Predicted to Build Into Hurricane Katrina, Hit South Florida Thursday
Aug 24 2005 // The National Hurricane Center in Miami predicts Tropical Depression 12 will build to near hurricane strength before it hits the South Florida coast late Thursday as Hurricane Katrina. Forecasters say Hurricane Katrina...
Fla. Task Force Begins Talks on How to Solve Hurricane Insurance Crisis
Aug 24 2005 // A 12-member Task Force on Long-Term Solutions for Florida’s Hurricane Insurance Market meets today in Tallahassee to discuss how to help Floridians obtain hurricane insurance, amid complaints that consumers...
UF Study Shows Homes Built After 2002 Stood Up Better to Hurricanes
Aug 22 2005 // Homes built under the Florida Building Code that became effective in 2002 sustained less damage on average than those built between 1994 and 2001 under the Standard Building Code, according to a University of Florida study...
Latin Agents Tackle Wind Damage Issues; Explain Confusing Condo Statutes
Aug 22 2005 // Like a hurricane rolling in from the Atlantic, a panel on hurricane insurance claims, moderated by Rudy Valdez-Diaz, a past-president of the Latin American Association of Insurance Agents, went into high-gear during the...
News Briefs
Aug 22 2005 // ALABAMA Hurricane Sales Tax Measure Dies An effort was mounted during Alabama Legislature meetings to grant a sales tax break on necessary supplies to prepare for a hurricane but the measure did not pass. Its sponsor Rep....
Looyenga Outlines Major Hurricane Policy Changes
Aug 22 2005 // Open Market System Suggested: It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Ins-urance said at the Florida Assoc-iation...
Ivan Costliest U.S. Hurricane in 2004
Aug 19 2005 // Flooding from Hurricane Ivan’s rain and storm surges prompted more than a billion dollars in claims, making it the costliest hurricane of 2004, U.S. officials said. Ivan’s damage also made it the third most...
Fla. 2004 Hurricane Recovery Passes $5.6 Billion Mark
Aug 18 2005 // One year after Hurricane Charley made landfall as the first of four major hurricanes to strike Florida, federal and state disaster assistance totals more than $5.6 billion, the U.S. Department of Homeland Security’s...
