Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
8 Ways Katrina Changed Commercial Property Insurance
Aug 21 2015 // Hurricane Katrina, which devastated New Orleans 10 years ago, is responsible for a number of changes in the commercial property insurance market. According to Rick Miller, U.S. property practice leader at Aon Risk...
Danny Turns Into Hurricane, Atlantic Season’s First
Aug 20 2015 // Danny became the first hurricane of the Atlantic season as its top winds grew to 75 miles per hour in the seas east of the Windward Islands. The Category 1 storm, about 1,090 miles (1,754 kilometers) from the islands,...
New U.S. Satellite Aims to Unlock Mysteries of Hurricanes
Aug 20 2015 // Hurricanes hold lots of secrets. Unlocking them can help forecasters predict the next steps the deadly storms will take. That, in turn, will help improve computer forecast models and give meteorologists a better...
10 Years After Katrina, Coastal Cities Face Greater Flood Risk: RMS
Aug 19 2015 // A decade after Hurricane Katrina caused $41 billion in property/casualty insurance losses, the most expensive catastrophe for the global insurance industry, rising sea levels are driving up expected economic and insurance...
Tropical Storm Danny to Become Hurricane? Maybe, Maybe Not
Aug 19 2015 // A storm-free August in the Atlantic was probably too much to ask for. Tropical Storm Danny formed out of a cluster of thunderstorms Tuesday about 1,600 miles (2,600 kilometers) east of the Windward Islands. There’s...
Hurricane Katrina and the Evolution of Risk Management
Aug 17 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses in the United States. Many of the lawsuits filed as a result of the...
CCRIF Members Complete Enhanced Catastrophe Portfolios for 2015-16
Aug 13 2015 // The 16 Caribbean member governments of CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), the co-operative association that covers risks from natural catastrophes in the region, announced that they...
Below-Normal Atlantic Hurricane Season Now Even More Likely: NOAA
Aug 10 2015 // The U.S. Climate Prediction Center’s updated 2015 Atlantic Hurricane Season Outlook calls for a 90 percent chance of a below-normal hurricane season. A below-normal season is now even more likely than predicted in...
Louisiana to Host Post-Katrina/Rita Insurance Market Summit
Aug 7 2015 // The Louisiana Department of Insurance is hosting an event to discuss the property/casualty insurance market as the state marks the 10 years that have passed since Hurricanes Katrina and Rita caused more than $28 billion in...
10 Business Insurance Lessons and 1 Owner’s Advice from Katrina
Aug 5 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses. Many of the lawsuits filed as a result of the fifth hurricane of...
Hurricane Katrina: A Look Back After Ten Years
Aug 3 2015 // This post is part of a series sponsored by CoreLogic. The Atlantic was active from the start of the 2005 hurricane season. By late August, there had already been 10 named storms, including one Category 4 and one Category...
A.M. Best: Will 2015 Be the Year That Tests Florida Property Insurers?
Aug 3 2015 // The property insurance market in Florida has significantly shifted in market share as Citizens Property Insurance Corp. (Citizens)–the state-run property insurance company–continues to depopulate and move...
A.M. Best Special Report: Florida Property Insurers Remain Untested
Jul 23 2015 // The property insurance market in Florida has significantly shifted in market share as Citizens Property Insurance Corp. (Citizens)—the state-run property insurance company—continues to depopulate and move policyholders...
Global Insured Cat Losses in First Half Are Below Long-Term Average: Munich Re
Jul 14 2015 // Overall losses and insured losses from natural catastrophes during the first half of 2015 were below long-term average values, according to a review of global natural catastrophes issued by Munich Re. Total natural...
As Nine Storms Roar Across the Pacific Ocean, Two Forces Are to Blame
Jul 14 2015 // The Pacific Ocean, named for placidity, is roaring. In the past week, eight tropical systems — and that includes two major typhoons — have formed across the Pacific from China to Mexico. On top of that, another...
Three Steps Towards Getting Your Portfolio Ready for Hurricane Season
Jul 6 2015 // This post is part of a series sponsored by CoreLogic. Insuring property along our nation’s coastlines can be either extremely lucrative or laden with risk. Many coastal residents are underinsured—which puts...
Report Says 6.6M-Plus Atlantic, Gulf Coast Homes at Risk of Storm Surge
Jul 6 2015 // More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to a recently released report. The...
How Hurricane Katrina Changed Business Preparation Planning for Disasters
Jul 6 2015 // Nearly 10 years ago, wind and storm surges as a result of Hurricane Katrina caused $41 billion in insured losses and $108 billion in total economic losses. Many of the lawsuits filed as a result of the fifth hurricane of...
National Hurricane Center, Florida University to Launch Hurricane Site in Spanish
Jul 1 2015 // The National Hurricane Center and Florida International University are launching a new Spanish-language website for hurricane preparation. The website will include information on hurricane science, residential mitigation...
Updated AIR Hurricane Model for U.S. Features Storm Surge Module
Jun 29 2015 // Catastrophe risk modeling firm AIR Worldwide has updated its hurricane model for the U.S. to help insurers and reinsurers better understand and quantify the risk from hurricanes. The update features a hydrodynamic storm...
