Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Busiest, Costliest Atlantic Hurricane Season Ends; 2006 Could be Worse
Nov 30 2005 // The victims of the busiest and costliest Atlantic hurricane season on record may be comforted now that it’s finally ending Wednesday: No hurricane has been known to hit the United States between December and May. But...
Wilma’s $6 Billion Cost to Insurers Raises Industry’s Catastrophe Loss Total to Record $50 Billion
Nov 29 2005 // U.S. property/casualty insurers are expected to pay an estimated $6.1 billion to Florida policyholders for insured property losses from Hurricane Wilma, pushing year-to-date catastrophe losses to $50.3 billion, an all-time...
Experts Predict More Advances Soon in Ability to Predict Hurricanes
Nov 28 2005 // Hurricane Wilma was briefly the most intense Atlantic storm on record as it moved through the Caribbean toward the Gulf Coast. That was the last thing Gulf residents wanted to hear. Two months earlier, Hurricane Katrina...
Wellington Increases Loss Estimates from Fall Hurricanes
Nov 28 2005 // The U.K.’s Wellington Underwriting plc, whose wholly owned subsidiary Wellington Underwriting Agencies Ltd. manages Syndicate 2020 at Lloyd’s, has released a further update about the extent of losses sustained...
Busiest Hurricane Season on Record Ends Nov. 30
Nov 28 2005 // Hurricane Season 2005 officially comes to a close Wednesday Nov. 30 and according to Tom Gallagher, Florida’s CFO, people will be dealing with the aftermath for years to come. Nationwide, this season was the busiest...
Texas Recovering from Hurricane Rita
Nov 25 2005 // Most insurance agents in Texas have never faced the damage caused by a catastrophic storm. Thankfully, massive hailstorms, tornadoes and hurricanes have been few and far between in our state. But, Hurricane Rita changed...
Jacksonville Planners Preparing for 2006 Hurricane Season
Nov 25 2005 // Jacksonville, Fla. residents should begin to prepare now for the 2006 hurricane season according to Chip Patterson, chief of the city’s Emergency Preparedness Division. Patterson recently told the Chamber of...
Florida’s CFO Gallagher Backs National Catastrophe Fund
Nov 25 2005 // A National Catastrophe Fund that would provide assistance for insurance claims in Florida has been endorsed by Tom Gallagher, Florida’s CFO. The CFO’s recommendations came after officials, including Florida...
Endurance Estimates Hurricane Wilma Net Losses at $115 Million
Nov 24 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced its initial estimate of losses, net of reinsurance, reinstatement premiums, and tax benefits related to Hurricane Wilma to be approximately $115 million. Endurance...
EFI Global Answers Largest Number of Hurricane Calls Ever
Nov 24 2005 // EFI Global, a provider of forensic engineering, fire investigation, environmental, accident reconstruction and laboratory testing services, continues to deploy experts to the Hurricane ravaged areas of Southeast Texas,...
More Help on the Way for Hurricane Evacuees in Texas
Nov 24 2005 // Evacuees from hurricanes Katrina and Rita living in Texas now have another way to help themselves move toward recovery through the Housing, Employment, Location, and Placement (HELP) Program, which is available from the...
Disaster Recovery Officials on the Prowl for Fraudulent Claims After Hurricanes
Nov 24 2005 // Numerous federal agencies have dispatched teams of special agents to investigate fraudulent claims from Hurricanes Katrina and Rita, according to the U.S. Department of Homeland Security’s Federal Emergency...
1,309 in La. File Complaints Against Insurance Companies
Nov 23 2005 // Home and car owners in Louisiana have filed 1,309 complaints against their insurance companies since hurricanes Katrina and Rita, and few have been resolved, according to the state Department of Insurance. The Associated...
Firemen Fight Blaze at Hurricane Wilma Miami-Dade County, Fla. Debris Site
Nov 23 2005 // A four-story high pile of Hurricane Wilma debris caught fire on Wednesday at a staging area on Dove Avenue in Miami Springs, Fla. According to NBC6-TV in Miami, the fire sent a huge plume of smoke into the air over...
Hurricane Issues on Agenda at Fla. Legislators Dec. 5 Event
Nov 23 2005 // Florida Gov. Jeb Bush said state lawmakers will likely deal with some hurricane issues when they meet in a special session beginning Dec. 5. The governor said it would probably make sense to address some hurricane issues,...
Big ‘I’ Leader Says Hurricane Response ‘Too Slow;’ Hails Flood Reform, TRIA Progress
Nov 22 2005 // The insurance industry’s response to Hurricanes Katrina and Rita has been “too slow” and the job of adjusting claims is a long way from being completed in the view of the leader of the nation’s...
Insurer CEOs Address Cat Fallout at PCI Meeting
Nov 21 2005 // Several top insurance executives discussed the ramifications of Hurricane Katrina and other natural disasters in a panel discussion last month at the annual meeting of the Property Casualty Insurers Association of...
Carrier Watch
Nov 21 2005 // Stock Prices: Despite the devastation caused by the three major hurricanes which struck the Gulf Coast and parts of Florida sending reinsurers scrambling to raise money to prevent ratings downgrades, commercial lines...
Fla. CFO Gallagher Voices Support for Tax-Deferred CAT Fund Reserves
Nov 21 2005 // The serious challenge to Florida’s economy, the rising cost of property insurance and five solutions to hurricane issues were discussed on Nov. 7 in Tallahassee by Florida’s CFO Tom Gallagher at a briefing...
OFFICIALS WAITING TO RECEIVE FEDERAL HURRICANE ACCOUNTING
Nov 21 2005 // Mississippi is still waiting to hear from the federal government what its share of the Hurricane Katrina recovery efforts will cost according to Buddy Bynum, a spokesman for Gov. Haley Barbour. States are required to pick...
