Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
New Orleans Flood Adds $15-$25B in Hurricane Katrina Insured Losses; Total Estimated Losses Rises to $40-$60B
Sep 9 2005 // Risk Management Solutions now estimates that insured losses from Hurricane Katrina are expected to be $40-$60 billion, of which $15-$25 billion are related to the Great New Orleans Flood. Total economic losses may now...
FEMA’s Brown Being Taken Off Hurricane Katrina Operations
Sep 9 2005 // With much discussion over just how quickly and effectively the federal government responded to Hurricane Katrina recovery efforts, Federal Emergency Management Agency Director Michael Brown may be the fall guy. Brown was...
PIA of La. Assisting Katrina Victims with Communications, Other Needs
Sep 9 2005 // The Professional Insurance Agents (PIA) of Louisiana announced it is assisting agents, carriers and policyholders in Louisiana in the aftermath of Hurricane Katrina. One of the biggest challenges right now is...
Wellington 1st Half Net Up 78% at $105 Million; Katrina Losses $75 Million
Sep 8 2005 // The U.K.-based Wellington Plc, which operates both in the Lloyd’s market and as a general insurer with several U.S. subsidiary companies, posted impressive first half results with net pre-tax profits up 78 percent to...
PIA of Georgia Collecting Donations for Hurricane Katrina Victims
Sep 8 2005 // The Professional Insurance Agents of Georgia are collecting donations for victims of Hurricane Katrina, which will be donated to the American Red Cross and the Salvation Army. According to Jerry W. Duke, executive vice...
New Report Warns of Rising Threat to Industry from Climate Change
Sep 8 2005 // Hurricane Katrina is a reminder to the U.S. insurance industry, companies, governments and the general public that all are at risk from escalating losses from hurricanes and other weather-related events due to climate...
State Farm Processing Over 200,000 Katrina Claims
Sep 8 2005 // State Farm, the largest insurer of homes and cars in the Gulf States, is servicing more than 223,000 property claims in Alabama, Louisiana, Mississippi and Florida in the wake of Hurricane Katrina. The number is expected...
Louisiana Proposes Insurance Company Restrictions
Sep 8 2005 // A draft order released by Louisiana’s insurance commissioner Wednesday would significantly restrict the ability of property and health insurance companies to cancel the policies of Hurricane Katrina victims in that...
Ophelia Eyes Florida Coast; Pair of Directions Possible
Sep 8 2005 // Despite the loss of 11 lives, residents of Florida breathed a sigh of relief late last month when Hurricane Katrina moved away from the Sunshine State with less damage than last year’s Big Four. Folks in Florida...
Conn. to Test State’s Readiness in Hurricane Drill Today
Sep 7 2005 // With this year’s hurricane season far from over, Connecticut public officials plan to test the state’s response capabilities in a hurricane drill today. Gov. M. Jodi Rell said she wants to make sure that...
Fla. Insurance Commissioner Supports National CAT Fund
Sep 7 2005 // Florida Insurance Commissioner Kevin McCarty said with the specter of projected hurricane losses from Hurricane Katrina topping $25 billion, he is intensifying his support for creating a national catastrophe fund and a...
Safeco Launches Special Relief Effort in Response to Hurricane Katrina
Sep 7 2005 // Safeco has launched a special disaster-relief effort to deliver financial assistance, equipment and free support services to help independent insurance distributors recover from Hurricane Katrina. This relief effort —...
New Orleans-based GEB Insurance Weathered Katrina; Taking Claims in a Mobile Emergency Unit in Baton Rouge
Sep 6 2005 // Before Hurricane Katrina, Gillis, Ellis and Baker Insurance, a leading New Orleans writer of casualty, liability benefits, health, employment, risk management and seismic vessel coverage had offices across the street from...
Alliance Raising Funds for Hurricane Katrina Victims
Sep 6 2005 // The American Agents Alliance is doing its part to help victims of Hurricane Katrina by collecting donations for the American Red Cross. “There are so many, many innocent victims of this tragedy, and the images we...
Chubb Establishes $1 Million Relief Fund for Hurricane Katrina Disaster
Sep 6 2005 // The Chubb Corporation has established a $1 million fund for disaster-relief efforts related to Hurricane Katrina, with $500,000 going directly to disaster-relief organizations and an additional $500,000 to be used to match...
Another Round Begins
Sep 5 2005 // Well, if the old saying, “Time flies when you are having fun,” is true, I must have had a lot of fun! It’s hard to believe I joined Insurance Journal over a year ago–and am about to start attending...
Fla. Policyholders Face 6.8% Fee
Sep 5 2005 // A one-time 6.8 percent charge for all homeowner policyholders in Florida has been approved by the board of directors of the Citizens Property Insurance Corp., Florida’s insurer of last resort. The assessment is so...
Editor’s Note: Another Round Begins
Sep 5 2005 // Well, if the old saying, “Time flies when you are having fun,” is true, I must have had a lot of fun! It’s hard to believe I joined Insurance Journal over a year ago-and am about to start attending annual...
News Briefs
Sep 5 2005 // FLORIDA Report Shows Car Theft Decreased in Most of Southeast Across the Southeast in major metropolitan areas auto theft decreas-ed dramatically in 2004, accompan-ied by a slight drop in auto theft nationally, according...
Storm Warnings
Sep 5 2005 // As the hurricane season recently entered its third month, a London-based storm forecaster reported that a higher-than-usual number of hurricanes are expected to hit the United States this year. Tropical Storm Risk...
