Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Deductibles Motivated Homeowners to Cheat on Claims
Jul 4 2005 // Insurance fraud has increased dramatically in Florida as an after-effect of the 2004 hurricane season Robert Elliott, a lead investigator with Nationwide Insurance’s Special Investigation Unit told law enforcement...
FAIA Speaker Warns: Make Hurricane Policy Changes Before That One-in-10,000 Hurricane Hits
Jul 1 2005 // It’s essential to prepare now in case that one-in-10,000 major hurricane hits the Southern United States, Roger Looyenga, CEO of Auto-Owners Insurance told conventioneers attending the Florida Association of...
Record-Breaking 2004 Hurricane Season to Change Cat Modeling
Jul 1 2005 // The 2004 hurricane season has led to a much greater focus on aggregate risk and this will prompt changes in catastrophe risk assessment, attendees at the Casualty Actuarial Society (CAS) Spring meeting heard. Randall...
Fla. Motel Agrees to Pay Restitution in Price Gouging
Jul 1 2005 // Attorney General Charlie Crist has announced a price gouging settlement with a Sarasota motel that had been accused of inflating room rates for guests fleeing Hurricane Charley last year. Under the settlement agreement,...
ABI Study Finds “Extreme Weather” Could Raise Losses to $27 Billion
Jun 30 2005 // The Association of British Insurers (ABI) has released a ground-breaking report, “Financial Risks of Climate Change,” which shows that the worldwide costs of major storms is likely to increase by as much as...
UF Study Shows Fla. Homes Built After 2002 Sustained Less Damage in Hurricane Winds
Jun 29 2005 // Homes built under the Florida Building Code that became effective in 2002 sustained less damage on average than those built between 1994 and 2001 under the Standard Building Code according to a University of Florida study...
FAAI Conference Speaker: Rep. Bense Congratulates Fla. Agents
Jun 24 2005 // Rep. Allan G. Bense, (R-Panama City) Speaker of the Florida House of Representatives, and one of the most influential political figures in Florida, congratulated insurance companies, agents and claims personnel for their...
Allstate Floridian to ‘Immediately’ Raise Homeowners Rates 28 Percent
Jun 22 2005 // Effective immediately, Allstate Floridian Insurance Co. has announced it will raise Florida homeowners rates 28 percent and the company plans to file a request to have the increase approved in July. State law allows...
FIC UNVEILS HURRICANE CENTRAL WEB SITE
Jun 20 2005 // The Florida Insurance Council has unveiled a new Hurricane Central Web site (www.flains.org) as the site to find reliable hurricane-related information. The site is part of the industry’s response to legislation...
HURRICANE MODEL APPROVED
Jun 20 2005 // The Florida Commission on Hurricane Loss Projection Methodology has for the ninth consecutive year certified AIR Worldwide Corporation’s 2005 U.S. Hurricane Model. The state requires hurricane models to be certified...
News Briefs
Jun 20 2005 // ALABAMA DOI Lists Insurance Providers A list of insurance companies, agencies and agents writing property insurance in coastal areas of Alabama, including Mobile and Baldwin counties became available June 13, thanks to the...
PIA of Fla. Broadcasts Web-based Hurricane Panel Discussion
Jun 20 2005 // Florida’s insurance industry survived last year’s record-breaking hurricane season and is prepared to help homeowners weather what may come this year. That was the message during a recent Web broadcast carried...
Editor’s Note: A New Hurricane Season Begins
Jun 20 2005 // Tropical Storm Arlene sailed through the Gulf of Mexico, missing Texas and Louisiana, and causing minimal damage when it came ashore on June 12 in Gulf Shores, Ala. It dropped more than 5 inches of rain and had weakened to...
News Currents
Jun 19 2005 // Cat model reassessments cause rating and capital changes Last fall’s disastrous hurricanes provided some rough times for the catastrophe modeling industry. Consequently the principal cat modelers – Applied...
Storms Led FEMA to Online Innovations
Jun 15 2005 // Working in cooperation with the State of Florida, the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) used technological innovations to help meet some of the challenges brought by...
Jury Selection Completed in Miami Hurricane Frances Fraud Case
Jun 15 2005 // U.S. District Court Judge Cecilia Altonaga opened testimony Wednesday in a trial in which the defendant, Daniel Bellegarde, a resident of Homestead, Fla., allegedly bilked the Federal Emergency Management Agency of more...
Hurricane Exemptions Successful; Sponsors Plan Its Expansion in 2006
Jun 14 2005 // Although Florida’s sales tax exemptions on hurricane supplies ended Sunday, with no guarantees of reoccurring next year, the event was so popular that several legislators responsible for the event are pledging to...
IIAG Conferees Visited Exhibits, Watched Arlene During 108th Annual Convention
Jun 14 2005 // More than 700 Independent Insurance Agents of Georgia members attending the group’s 108th Annual Convention and Exhibition in Destin, Fla., watched closely as Tropical Storm Arlene sped toward the Florida Panhandle...
Arlene Moves Inland Northwest of Pensacola, Fla.; Losing Strength
Jun 10 2005 // Tropical Storm Arlene moved inland at 3 p.m. Saturday afternoon and proceeded northwest of Pensacola, Fla. Tropical storm and hurricane watches were cancelled all areas but those in the immediate vicinity of the storm....
ICT Issues Reminder on Hurricane Preparations as First Tropical Storm Heads Toward Gulf
Jun 10 2005 // The formation of Tropical Storm Arlene may be an ominous sign for what has been forecasted to be an overly active hurricane season this year. The six-month hurricane season began just days ago and weather experts say 2005...
