Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
$4.4 Billion Claims Expected for Hurricane Frances
Sep 27 2004 // Homeowners and businesses are expected to file claims totaling an estimated $4.4 billion for insured property losses from Hurricane Frances, according to a preliminary estimate by ISO’s Property Claim Services (PCS)...
Hurricane Jeanne Tears Fresh Path of Destruction Through Florida
Sep 27 2004 // Hurricane Jeanne, the fourth major hurricane in six weeks, shut down much of Florida and prompted recovery plans on a scale never before seen in the nation. At least six people died in the storm, which plowed across...
RLI Sees $3 Million in Ivan Losses
Sep 27 2004 // Peoria, Ill.-based surplus line insurer RLI Corp. has reported a preliminary range of after-tax losses from Hurricane Ivan of $3 million to $3.5 million. This estimate is based on actual claim activity to date and...
Insurance Claims Being Tallied for Four Hurricanes
Sep 27 2004 // Roofers and raw materials are scarce. Owners of storm-ravaged homes and businesses are grumbling about delays. And the combined number of insurance claims from Hurricanes Charley, Frances and Ivan is expected to overtake...
RMS Estimates $4 to $8 Billion Insured Losses from Hurricane Jeanne
Sep 27 2004 // Risk Management Solutions (RMS) estimates insured losses from Hurricane Jeanne will be between $4 to $8 billion, based on an assessment of the hurricane’s characteristics at the time of landfall and its projected...
EMC Notes Q3 Estimated Hurricane Losses
Sep 27 2004 // Iowa-based EMC Insurance Group Inc. has reported that losses associated with three of the four hurricanes that hit the southern United States during the third quarter of 2004 are estimated to total approximately $6.9...
Swiss Re Estimates Hurricane Ivan, Typhoon Songda Claims Around $300 Million
Sep 27 2004 // Swiss Re announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300 million before tax. The bulletin noted that these estimates are in addition...
Jeanne Hits Florida Head-on; Causes Major Damage
Sep 27 2004 // Jeanne, once a rather weak tropical storm, roared ashore on Florida’s Eastern Coast early Sunday morning with the full fury of a massive Category 3 hurricane. While scenes of devastation played across TV screens...
AIR Worldwide: Jeanne Costs at $5 to $9 Billion
Sep 27 2004 // AIR Worldwide estimates that insured losses from Hurricane Jeanne will fall between $5 billion and $9 billion. This estimate was calculated by AIR Tropical Cyclone Model and is based on data provided by the National...
‘Hurricane Watch’ Likely for Florida
Sep 24 2004 // Although Hurricane Jeanne has weakened slightly, the storm’s maximum sustained winds are still near 100 mph (160 km/hr) with higher gusts. However, the National Hurricane Center’s latest bulletin warns,...
DriveSavers Offering Discounts for Hurricane Victims
Sep 24 2004 // DriveSavers Inc. a provider in data recovery services, is offering discounted data recovery service to hurricane and storm victims with computers that suffered damage from severe weather conditions in Florida, Mississippi,...
Miss. Residents Receive Disaster Aid
Sep 23 2004 // The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA), the Mississippi Emergency Management Agency (MEMA) and voluntary agencies continue to help Mississippians recover from Hurricane...
State Auto Expects at Least $32 Million in Hurricane Losses From Charley, Frances and Ivan
Sep 23 2004 // Columbus, Ohio-based regional property/casualty carrier State Auto Financial Corp. estimates that hurricanes Charley, Frances and Ivan, cumulatively, will contribute about $32 million to $36 million in pre-tax losses, or...
U.S. Labor Secretary Notes $10 Million Grant to Assist N.C. Workers Following Hurricanes
Sep 23 2004 // U.S. Secretary of Labor Elaine Chao visited Asheville, North Carolina on Thursday to survey hurricane damage and announce a National Emergency Grant of up to $10 million, with an initial release of $3.5 million. The grant...
Insurers to Pay an Estimated $4.4 Billion for Claims From Hurricane Frances
Sep 23 2004 // Homeowners and businesses are expected to file claims totaling an estimated $4.4 billion for insured property losses from Hurricane Frances, according to a preliminary estimate by ISO’s (www.iso.com) Property Claim...
Ala. Hurricane Victims Get Grace Period on Premiums Following Ivan’s Visit
Sep 23 2004 // Alabama Gov. Bob Riley and Insurance Commissioner Walter Bell on Wednesday directed insurance companies in Alabama to provide a 60-day grace period on non-payment of premiums to citizens affected by Hurricane Ivan. The...
Haitian Flood Deaths over 1,000; Bahamas on Alert as Jeanne Nears; Ivan Poses New Threat
Sep 23 2004 // As the floods caused by Tropical Storm Jeanne slowly recede, Haitians are discovering even more devastation and loss of life. More than 1,000 persons have died in the northern city of Gonaives, and another 1,200 are still...
Haiti Death Toll Over 700, More Missing; Jeanne Continues on Erratic Course
Sep 22 2004 // Even as aid workers in Haiti struggled to cope with the disaster caused by floods unleashed from the passage of Tropical Storm Jeanne, the death toll continues to mount. Agence France Presse reported that “in the...
RMS Estimates Ivan Insured Losses at $3-$6 Billion
Sep 22 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, said that insured losses in the U.S. from Hurricane Ivan are expected to be between $3 and $6 billion. RMS’...
A Hurricane Season of Discontent; Lessons Learned in 2004
Sep 22 2004 // Prior to 2004, Florida had gone for five years without a significant hurricane. So it is of little surprise that the onslaught of this year’s three major hurricanes has caught all of us in the insurance industry a...
