Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
La. Senate Approves Bill Extending Hurricane Claims Deadline
May 10 2006 // The Louisiana Senate approved a bill that would extend the deadline for victims of Hurricanes Katrina and Rita to file claims with their insurance companies. Sen. Julie Quinn’s bill would give policyholders through...
Despite Hurricane Losses, Soft Insurance Market Continues
May 9 2006 // Although property & general liability insurance rates increased in the first quarter of 2006, all indications point to a continuing soft commercial insurance market according to the Risk and Insurance Management...
Marinas Slowly Make Comeback in Hurricane-hit La.
May 9 2006 // A growing number of marina owners and operators in southern Louisiana have scraped together whatever resources they can find to reopen their businesses. In a recent summary of the state’s fishing infrastructure, 80...
Agents Learn U.S. Insurers Withstood Record Catastrophe Losses with Strong Capitalization, Sound Risk Management
May 9 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, but the industry also should keep...
Rensselaer model of New Orleans levee points to layer of clay
May 8 2006 // 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 beneath the peat that underlies the earthen...
Hurricane winds could be felt in professional liability markets
May 8 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...
The Texas Windstorm Insurance Association: Challenges and solutions
May 8 2006 // The 2006 hurricane season is looming and the insurance industry already sees dark clouds on the horizon. The Texas Windstorm Insurance Association is considerably under-funded in the event a major hurricane makes landfall...
Tornados foretell things to come
May 8 2006 // As emergency planners and hurricane experts from across the U.S. met in April to plan and prepare for the hurricane season, the timing couldn’t have been better, as massive twisters roared down “tornado...
FLA. PROPERTY BILL ADVANCES
May 8 2006 // A rapid 25 percent cash buildup for the Florida Hurricane Catastrophe Fund and the establishment of a hurricane mitigation endowment fund to allow homeowners to obtain no-interest loans to implement hurricane mitigation...
Critics allege wind modelers following politics over science
May 8 2006 // Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance...
Mayfield: ‘2006 hurricane season CAN be worse than 2005’
May 8 2006 // With more than 55 million people living in coastal communities, the nation must learn its lesson from the 2004 and 2005 hurricane seasons and prepare now for what will happen after June 1, according to Max Mayfield,...
Judge orders Southern Family rehabilitation
May 8 2006 // Leon County, Fla. Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Co., one of three financially-troubled property insurers of the Tampa-based Poe Financial Group into rehabilitation. To ensure the...
Hurricane winds could be felt in professional liability markets
May 8 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...
Hurricane winds could be felt in professional liability markets
May 8 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...
Rensselaer model of New Orleans levee points to layer of clay
May 8 2006 // 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 beneath the peat that underlies the earthen...
Critics allege wind modelers following politics over science
May 8 2006 // News Currents Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to...
Editor’s Note: Tornados foretell things to come
May 8 2006 // As emergency planners and hurricane experts from across the U.S. met in April to plan and prepare for the hurricane season, the timing couldn’t have been better, as massive twisters roared down “tornado...
Judge orders Southern Family rehabilitation
May 8 2006 // Leon County, Fla. Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Co., one of three financially-troubled property insurers of the Tampa-based Poe Financial Group into rehabilitation. To ensure the...
Critics allege wind modelers following politics over science
May 8 2006 // News Currents Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to...
Fla. property bill advances
May 8 2006 // A rapid 25 percent cash buildup for the Florida Hurricane Catastrophe Fund and the establishment of a hurricane mitigation endowment fund to allow homeowners to obtain no-interest loans to implement hurricane mitigation...
