Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Hurricanes Wrecked Many Retirement Dreams
May 22 2006 // Jim and Evelyn Burke’s Pensacola Bay, Fla. home provided a dream retirement for 13 years, evenings watching purple and pink sunsets on their private dock and mornings glimpsing dolphins frolicking outside their...
Floridians Upset Over Citizens Increases
May 22 2006 // Marci L. Rose’s home and rental properties escaped serious damage when hurricanes battered the state in 2004 and 2005, but she might lose them anyway. Like thousands of Floridians, the Key West real estate attorney...
Florida OKs Citizens Rate Increase of 16 Percent on Average
May 22 2006 // Florida residents whose homes are insured by Citizens Property Insurance will see their premiums go up by about 16 percent on average this year, although for some coastal residents the increase will be much higher. State...
U.S. insurers withstood record catastrophe losses in 2005
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
Coverage issues at core of Hurricane Katrina-related litigation
May 22 2006 // The amount of property damage caused by Hurricane Katrina in Mississippi and Louisiana has been extensively reported, as has the fact that many people in those states did not have flood insurance coverage. As a result,...
Fla. legislative package targets Citizens deficits, mitigation; establishes oversight policies
May 22 2006 // The hurricane insurance package passed by the Florida Legislature just before adjournment May 5 is the most significant property insurance bill since major legislation following Hurricane Andrew in the early 1990’s,...
Hurricane winds could be felt in professional liability markets
May 22 2006 // The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent...
Re-modeling the models that evaluate risk
May 22 2006 // “In the past two years, natural disasters have reached an unprecedented frequency and intensity spreading chaos and misery, and leaving countless crumbled, tattered and water-logged properties in their wake....
Rensselaer model of New Orleans levee points to layer of clay
May 22 2006 // Preliminary findings from asimulation project suggest that during Hurricane Katrina the 17th Street Canal levee in New Orleans may have slid on a layer of weak clay just beneath the peat that underlies the earthen...
Hurricane winds could be felt in professional liability markets
May 22 2006 // The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models. “The three recent...
Coverage issues at core of Hurricane Katrina-related litigation
May 22 2006 // The initial decisions from Hurricane Katrina lawsuits provide some comfort to both insurers and insureds and potential warnings to insurance agents. The amount of property damage caused by Hurricane Katrina in Mississippi...
News Currents
May 22 2006 // Model of New Orleans levee points to layer of clay Preliminary findings from a simulation project suggest that during Hurricane Katrina the 17th Street Canal levee in New Orleans may have slid on a layer of weak clay just...
News Currents
May 22 2006 // Hurricanes spawn E&O troubles for insurance producers With regard to potential errors and omissions claims against insurance producers in Louisiana arising out of Hurricanes Katrina and Rita, three main coverage areas...
A tale of two New Orleans hotels
May 22 2006 // If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs,...
U.S. insurers withstood record catastrophe losses in 2005
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
Re-modeling the models that evaluate risk
May 22 2006 // Taking a lesson from 2005’s hurricanes, Paul VanderMarck, executive vice president at Risk Management Solutions, a modeling company based in Newark, Calif., said companies need to re-evaluate their loss potential...
Fla. AG Crist Announces Hurricane Preparedness Policy
May 19 2006 // A “Prepare, Respond and Recover, Florida!’ plan for surviving the upcoming hurricane season has been announced by Charlie Crist, Florida Attorney General and a candidate for governor. Announcing the details of...
Florida Re-certifies Hurricane Model for the Ninth Time
May 19 2006 // EQECAT Inc. of Oakland, Calif., has had its hurricane modeling software re-certified by the Florida Commission on Hurricane Loss Projection Methodology for the ninth consecutive time, according to Tom Larsen, EQECAT senior...
Florida Certifies Hurricane Model for the Tenth Consecutive Year
May 17 2006 // The Florida Commission on Hurricane Loss Projection Methodology has certified AIR Worldwide Corp.’s 2006 Hurricane Model. This marks the tenth consecutive year that AIR has met the rigorous standards of the...
Tropical Depression: Hurricane Linked to Long-Term Mental Distress
May 17 2006 // Florida State University sociologists in Tallahassee have found that some South Floridians who survived 1992’s Hurricane Andrew suffered mental health problems many years later, a finding that has led the researchers...
