Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Safeco Estimates Katrina After-Tax Losses at $78M
Sep 27 2005 // Seattle-based Safeco announced estimated after-tax catastrophe losses from Hurricane Katrina of $78 million, or $0.61 per diluted share. Safeco’s gross pretax losses before reinsurance are estimated to be $170...
Hurricane Victims in Texas Can File Claims Before Seeing Damage
Sep 27 2005 // Texans who can’t return home because of the damage caused by Hurricane Rita can file a claim without seeing what has happened to their property, according to the Insurance Council of Texas. By filing a claim now, the...
Fitch: Hurricane Rita Won’t Cause Widespread U.S. Insurance Company Rating Changes
Sep 26 2005 // Fitch Ratings said Monday it expects Hurricane Rita will represent a material loss to the insurance industry and will create further strain on insurers’ claims-adjusting resources. However, Fitch does not expect any...
Floridians Warned: Hire Reputable Contractors for Hurricane Cleanup
Sep 26 2005 // Florida Attorney General Charlie Crist has advised Floridians affected by Hurricane Rita to use extra caution when hiring workers to help clean up the damage caused by the storm. In particular, Crist warned those who are...
Texas DWC Reports Field Office Closures, Openings Following Hurricane Rita
Sep 26 2005 // The Texas Department of Insurance Division of Workers’ Compensation (DWC) will reopen some of its field offices on Sept. 26 as local areas clean up from Hurricane Rita. Other field offices will remain closed until at...
TDI Staff Available in Houston to Assist Victims of Hurricanes Rita and Katrina
Sep 26 2005 // The Texas Department of Insurance announced that beginning Sept. 26, staff members are being deployed to its Houston Insurance Assistance Center (IAC) to assist Hurricane Rita victims with their insurance questions and...
Database to Track Cars Damaged by Hurricane Katrina
Sep 26 2005 // A new, expanded database to track vehicles flooded by Hurricane Katrina has been set up to prevent them from turning up on used car lots around the country, the Associated Press and New Orleans Times-Picayune...
Crawford & Co. Adjusters Respond to Hurricane Rita
Sep 26 2005 // Crawford & Company Catastrophe Services has kept a watchful eye on Hurricane Rita, the year’s 17th named storm, as it churned through the Gulf of Mexico to Texas and Louisiana. Crawford, which already had...
St. Paul Travelers Issues Hurricane Katrina Loss Estimates
Sep 26 2005 // The St. Paul Travelers Companies Inc. announced that its preliminary estimate for losses relating to Hurricane Katrina is approximately $800 million, after tax and after the impact of reinsurance, and including the cost of...
RMS: Hurricane Rita’s Insured On-Shore, Off-Shore Losses Expected to be $4-$7 Billion
Sep 25 2005 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, has estimated that insured losses from Hurricane Rita are likely to range from $4 to $7 billion, based on current...
Report Discusses Hurricane Katrina’s Impact on the Construction Industry
Sep 25 2005 // NIP Specialty Brokerage, LLC, a wholesale brokerage specializing in construction, released an Insurance Advisory focusing on market impacts of Hurricane Katrina on the construction industry, with a focus on home...
PIA Texas Agents Offer Office Space to Agents Fleeing Hurricane Rita
Sep 23 2005 // Professional Insurance Agents in Texas who are fleeing Hurricane Rita are getting a helping hand from their fellow PIA agents. Agents located inland from the projected landfall of Rita have offered temporary office space...
IIAT Ready to Help Agents Impacted by Hurricane Rita
Sep 23 2005 // IIAT is ready to assist its members following the damage caused by Hurricane Rita. The association announced it is taking the following steps as part of its assistance plan: 1. Beginning Monday, Sept. 26, IIAT will have a...
AIA Offers Advice for Those in Hurricane Rita’s Path
Sep 22 2005 // As Hurricane Rita barrels toward the Texas coast the American Insurance Association (AIA) offered the following tips to assist consumers and hurricane victims in protecting their homes and recovering from the storm as...
PIAA of Fla. Educational Event Answers Essential Hurricane, Catastrophe Planning Questions
Sep 22 2005 // Professional Insurance Agents of Florida instructor Ron Silverman answered 40 essential questions about catastrophe planning for hurricanes during educational sessions titled “Lessons Learned from Charley, Frances,...
TDI Prepared to Help Those Impacted by Hurricane Rita
Sep 22 2005 // The Texas Department of Insurance announced it is preparing staff and resources to be ready for the aftermath of Hurricane Rita, wherever the storm makes landfall. TDI said it is maintaining staff at the Division of...
Hurricane Rita Evacuee Bus Fire Kills 24; Beaumont, Port Arthur Danger Increases
Sep 22 2005 // As many as 24 evacuees trying to escape the impending visit of Hurricane Rita, were killed early Friday in a bus fire on a highway near Dallas. The official death toll was unknown, but authorities said more than 40 people...
TDI Outlines Expectations for Industry Regarding Hurricane Rita
Sep 22 2005 // As Hurricane Rita approaches the Texas coast, the Texas Department of Insurance issued several bulletins to the insurance industry. Bulletins are signed by the insurance commissioner and notify the industry of the...
IPC Holdings Unveils Early Estimate of Katrina Losses
Sep 22 2005 // Bermuda-based IPC Holdings, Ltd. announced that it expects third quarter 2005 earnings to be significantly impacted by Hurricane Katrina. According to a company release, “Based upon a preliminary analysis of the...
La. DOL Launches Toll-Free Number for Hurricane Katrina Evacuees to Report Change of Address
Sep 21 2005 // Hurricane Katrina evacuees from Louisiana who filed for Unemployment Insurance and Disaster Unemployment Assistance benefits must immediately contact the Louisiana Department of Labor to file a change of address if their...
