Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
A Recurrence of Recalls; ‘PIGS’ in a Poke; Lloyd’s Powers on; Haiti Now Faces Floods and Hurricanes
Feb 21 2010 // First Toyota, then Honda – who’s next? 2010 is not starting out as a good year for car companies. Japan’s Toyota Motor Corp. was already in the process of recalling approximately 8 million vehicles, due...
Louisiana Commissioner Denies State Farm’s 19% Rate Increase
Feb 11 2010 // Louisiana Insurance Commissioner Jim Donelon has declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1...
Hawaii Could Tap Hurricane Fund to Fund School Education
Feb 3 2010 // Hawaii is closer to tapping its Hurricane Relief Fund to help balance the state budget and resolve teacher furloughs, as a legislative committee advanced a bill that would appropriate $50 million from the fund. Senate Bill...
Hurricane Ike Claims Total Nearly $12B in Texas
Jan 29 2010 // Hurricane Ike, which struck Galveston on Sept. 13, 2008, has proved to be the costliest weather catastrophe in Texas history by a large margin. The storm racked up nearly $12 billion in windstorm and flood insurance claims...
New Orleans Hospital Settles Post-Katrina Wrongful Death Lawsuit
Jan 28 2010 // Pendleton Memorial Methodist Hospital in New Orleans and its corporate parent have settled a wrongful-death lawsuit brought by the family of a 73-year-old woman who died after Hurricane Katrina left the hospital without...
Prime Insurance Syndicate, Inc. Jury Verdict Rules in Favor of Insurer in Hurricane Katrina Claim
Jan 27 2010 // Reassured by jury’s unbiased decision Chicago, Illinois and Salt Lake City, Utah (January 27, 2010). Prime Insurance Syndicate, Inc. was successfully defended in a Hurricane Katrina lawsuit in the United States...
Mississippi-Based Hurricane Hunters Also Patrol Winter Skies
Jan 12 2010 // On a bitterly cold morning in Anchorage, Alaska, the Hurricane Hunters lift off to scout a weather track that may bring snow to the Northeast or flooding rains in California in the next five days. The winter mission of the...
Hurricane Forecasters Promise Earlier Warnings
Jan 7 2010 // The National Hurricane Center said this week it will begin issuing storm watches and warnings about half a day sooner in the biggest change to its warning system in decades. When a storm is approaching land, forecasters...
Munich Re Analyzes 2009 Nat Cats; A Lot, But Few Big Ones
Dec 30 2009 // A report from Munich Re confirms that losses from natural catastrophes “were far lower in 2009 than in 2008 due to the absence on the whole of major catastrophes and a very benign North Atlantic hurricane...
Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known
Dec 20 2009 // It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance...
Forecasters Expect More Active Atlantic Hurricane Season Next Year
Dec 20 2009 // Colorado State University researchers are predicting a more active Atlantic hurricane season next year, with six to eight hurricanes, at least three of them major. Philip Klotzbach and William Gray predict 11 to 16 named...
Post-Ike Dike Closure Hits Texas City Businesses Hard
Dec 15 2009 // The Texas City Dike was not built to serve as a fishing pier or recreation area. But in the 74 years since it was built, the dike turned into more than just a way to protect the Texas City Ship Channel. Boat ramps, fishing...
Forecasters Expect More Active Atlantic Hurricane Season Next Year
Dec 11 2009 // Colorado State University researchers are predicting a more active Atlantic hurricane season next year, with six to eight hurricanes, at least three of them major. Philip Klotzbach and William Gray predict 11 to 16 named...
Federal Aid, State Insurance Department Help Still Available for Ike Recovery
Dec 8 2009 // Galveston County residents needing home repair assistance resulting from 2008’s Hurricane Ike can get federal help through a nearly $100 million grant program. In addition, the Texas Department of Insurance reports...
It Figures
Dec 6 2009 // 30 The number of third quarter mergers and acquisitions of insurance brokerages, according to Audra M. Szollosy, senior vice president with Hales & Co., one of the oldest and most experienced advisory and investment...
Swiss Re Obtains $150 Million Backup for Hurricanes, Quakes and Windstorms
Dec 3 2009 // Swiss Re announced that it has entered into a transaction with Successor X Ltd. a Cayman Islands exempted company financed through the offering of insurance-linked securities, to receive up to $150 million of...
SEC Charges Hurricane Restoration Company and Execs in Alleged Fraud
Dec 3 2009 // A Dallas and New Orleans-based hurricane restoration company that has been subject to numerous lawsuits since Hurricane Katrina, and several of the company’s executives, have been charged by the Securities and...
Quietest Atlantic Hurricane Season Since 2006 Ends
Dec 2 2009 // The Atlantic hurricane season ended this Monday with barely a whimper: Not a single hurricane came ashore in the United States. Since June, when the season began, just nine named storms developed. Only three of them became...
Miami Condo Association Sues QBE Insurance Over Hurricane Claims
Nov 25 2009 // A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in handling hurricane...
Colorado Researchers Admit Missing Hurricane Prediction
Nov 24 2009 // Colorado-based weather researchers say three hurricanes formed in the Atlantic this year, two fewer than they predicted before the season and one less than their August update called for. Colorado State University...
