Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
How Parametric Products Work to Supplement Indemnity Policies: RIMS
Apr 30 2018 // Corporate risk managers are buying parametric insurance policies to supplement, not replace, their indemnity-based policies. The parametric products worked well with customers hit by the 2017 hurricanes, according to...
GuideWell Insurance Agency in Florida to Offer StormPeace Hurricane Coverage
Apr 26 2018 // GuideWell Insurance Agency, an exclusive property and casualty agency for Florida Blue health plan members, will offer StormPeace, a supplemental hurricane policy from Assured Risk Cover that provides coverage of losses...
Why Coastal Living Is Becoming Affordable for Only the Rich
Apr 24 2018 // When Hurricane Irma reached Florida’s Big Pine Key in September, it caused the floor of Terry and Sharon Baron’s cream-colored mobile home to collapse. On Marathon Key, twenty miles north, the winds lifted...
Deadlines for Texas Windstorm Insurer Appraisal Demands Extended
Apr 19 2018 // The deadlines for a Texas Windstorm Insurance Association (TWIA) claimant to demand appraisal of a claim for damages caused by Hurricane Harvey have been extended, the Texas Department of Insurance reports. An extension of...
Small Businesses Hampered by Uninsured Damage After 2017 Hurricanes: Fed Reserve
Apr 17 2018 // Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires, according to a Federal Reserve survey published on Tuesday. The report...
Florida’s Citizens Reopens More Than 25K Hurricane Irma Claims
Apr 17 2018 // Citizens Property Insurance Corp. says it has reopened about 37 percent of its Hurricane Irma claims, according to a statement from the Florida insurer of last resort. The insurer says the reopening of claims is part of...
NOAA to Retire Hurricane Names Harvey, Irma, Maria and Nate
Apr 16 2018 // The names of four deadly hurricanes that slammed parts of the United States, Central America and the Caribbean last year are being retired. The National Oceanic and Atmospheric Administration announced that hurricane names...
FEMA Criticized for Suppliers Not Delivering Hurricane Aid as Promised
Apr 11 2018 // The Federal Emergency Management Agency awarded contracts for hurricane supplies without adequately researching whether winning bidders could deliver what they promised, according to a new investigation by Democrats on a...
FEMA Chief Says Puerto Rico Needs $50 Billion to Rebuild
Apr 9 2018 // The administrator of the U.S. Federal Emergency Management Agency said Friday it will take up to an estimated $50 billion to help rebuild Puerto Rico from Hurricane Maria and warned that the U.S. territory is not ready for...
This Just In: Early Forecasts for 2018 Hurricane Season
Apr 6 2018 // An early forecast for the 2018 hurricane season calls for a slightly above-average season with 14 named storms, seven hurricanes, and three major hurricanes. Dr. Philip Klotzbach of Colorado State University (CSU), a...
Hurricanes Have Minor Effect as April Reinsurance Prices Stay Flat but Demand Grows
Apr 4 2018 // Reinsurance buyers were able to renew loss-free programs at broadly flat pricing levels during the April 1 renewals – continuing the trend seen at the January renewals, according to a Willis Re report. Pricing was...
Lawsuits over Arkema Chemical Disaster in Texas Add Up
Apr 3 2018 // Note: This story originally ran in The Texas Tribune. Most of the houses along Crosby Eastgate Road in Southeast Texas and its neighboring streets are one-story outfits on sprawling green lots. In their driveways are spare...
National Hurricane Center Updates Hurricane Irma Death Toll
Apr 2 2018 // The death toll from Hurricane Irma’s catastrophic rampage across the Caribbean and the southeastern U.S. has risen to 44 fatalities directly caused by its strong winds and heavy rains, plus 85 fatalities indirectly...
Today’s Hot Markets: Buyers Hungry For EPLI, Cyber and More
Apr 2 2018 // Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year. Here are five industry sectors and insurance markets that could offer opportunities for agents and brokers in...
New Florida Law Requires Backup Power Sources for Nursing Homes
Mar 28 2018 // Gov. Rick Scott signed legislation Monday requiring backup power sources in Florida nursing homes and assisted living facilities, months after the deaths of several residents from a sweltering nursing home that lost power...
National Hurricane Center Gets New Leader
Mar 27 2018 // A meteorologist who aided emergency response efforts along the Gulf Coast after the 2010 oil spill has been tapped to lead the U.S. government’s hurricane forecasting hub in Miami. The National Oceanic and...
Toxic Impact of Hurricane Harvey Deeper than Public Told
Mar 26 2018 // A toxic onslaught from the nation’s petrochemical hub was largely overshadowed by the record-shattering deluge of Hurricane Harvey as residents and first responders struggled to save lives and property. More than a...
Why Storm-Prone States Continue to Balk at Tough Building Codes
Mar 19 2018 // The showdown in the Florida statehouse last year had all the drama of a knock-down political brawl: Powerful industries clashing. Warnings of death and destruction. And a surprise last-minute vote, delivering a sweeping...
Some Houstonians Spend Huge Sums to Elevate Their Homes After Harvey
Mar 14 2018 // This article originally appeared in The Texas Tribune. When Marni Axelrad and her family moved to Houston’s Meyerland neighborhood in 2015, they planned to stay there for years to come. They loved the community, and...
National Hurricane Center Updates Hurricane Irma Death Toll
Mar 14 2018 // The death toll from Hurricane Irma’s catastrophic rampage across the Caribbean and the southeastern U.S. has risen to 44 fatalities directly caused by its strong winds and heavy rains, plus 85 fatalities indirectly...
