Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
ICT: Flooding is Hurricane Season’s Real Danger
Jun 2 2004 // As all eyes turn toward the Gulf of Mexico at the start of the 2004 hurricane season, the Insurance Council of Texas issued a reminder to Texans that they should beware of the potential for deadly floodwaters across the...
Allstate Study Warns on Coastal Floods
May 26 2004 // Allstate Insurance Company announced that a study it conducted in 2003 identified more than 750,000 homes in coastal hurricane states that may not have flood insurance. The study looked at current Allstate homeowners...
Fla. CFO Warns of Hurricane Preparedness
May 26 2004 // With explosive state population growth and experts predicting the formation of more than 12 named Atlantic storms, Florida’s Chief Financial Officer Tom Gallagher is issuing a warning to consumers: Prepare...
La. Commissioner Warns of Preparing for Hurricanes
May 26 2004 // Louisiana Commissioner of Insurance Robert Wooley said checking all of one’s property insurance policies now could help save them from financial ruin during the hurricane season that begins June 1 and stays through...
EQECAT Hurricane Model Certified by Fla. Commission
May 20 2004 // EQECAT Inc., announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) unanimously re-certified EQECAT’s Hurricane model for use in Florida. The certification was the seventh in a...
AIR 2004 U.S. Hurricane Model Certified by Fla. Commission for 8th Straight Year
May 17 2004 // AIR Worldwide Corporation (AIR) announced the certification of its 2004 U.S. Hurricane Model by the Florida Commission on Hurricane Loss Projection Methodology. For the eighth consecutive year the AIR model has been...
Ga. Commissioner Reminds Residents of Hurricane Danger During National Hurricane Awareness Week
May 17 2004 // This week, May 16-22, is National Hurricane Awareness Week, and Georgia Insurance Commissioner John Oxendine is reminding Georgians that they should check their homeowners policy annually to be sure they have adequate...
N.C. RESIDENTS URGED TO PREPARE FOR HURRICANE SEASON; ATLANTIC BASIN FORECAST RELEASED:
May 17 2004 // Hurricane Isabel was directly or indirectly responsible for 50 deaths nationwide and caused an estimated $170 million of property damage in North Carolina last September. Experts predict 14 named storms and eight...
Insurers Face Class Action Over Isabel Claims
May 12 2004 // Today a class action lawsuit against various insurance companies was filed in United States District Court, Baltimore, Maryland alleging that the insurance companies failed to deliver the promised benefits to thousands of...
Fla. Measure to Increase Availability of Homeowners Insurance Becomes Law
May 12 2004 // A measure designed to increase the availability of homeowners insurance and improve Florida’s ability to recover financially from catastrophic hurricanes through improvements to Florida’s Hurricane Catastrophe...
RMS U.S. Hurricane Model Re-Certified by Fla. Commission in Establishing Residential Rates
May 12 2004 // Risk Management Solutions (RMS) announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) unanimously re-certified the RMS Hurricane model for use in establishing residential insurance rates...
National Flood Reports on Isabel Claims
May 11 2004 // The National Flood Insurance Program has completed reviews of the first group of claims review requests received from policyholders who suffered Hurricane Isabel-related damage. As part of the ongoing review, the National...
AIA Satisfied with Fla. Legislative Session
May 3 2004 // The Florida legislature wrapped up its annual session last Friday night, giving final approval to key measures that will add capacity to the state’s hurricane reinsurance fund and put the workers’ compensation...
Fla. CFO Applauds Lawmakers for Approving Legislation to Increase Availability of Homeowners Insurance
May 3 2004 // Florida Chief Financial Officer Tom Gallagher commended state lawmakers for approving legislation, Senate Bill 2488, that will increase the availability of homeowners insurance through changes to the Florida’s...
AIR’s Severe Thunderstorm Model Key Component to New Peril-Based Fla. Homeowners Rates
Apr 29 2004 // For the first time, homeowners rates that include a severe thunderstorm component based on sophisticated catastrophe modeling have been included as part of a rating plan subject to approval by state regulators. Florida...
N.C. Residents Urged to Exercise Caution in Aftermath of Hurricanes; Atlantic Basin Forecast Released
Apr 27 2004 // Hurricane Isabel was directly or indirectly responsible for 50 deaths nationwide and caused an estimated $170 million of property damage in North Carolina last September. Experts predict 14 named storms and eight...
Fla. Taxwatch Backs Gallagher, Legislative Push to Increase Availability of Homeowners Insurance
Apr 16 2004 // Florida TaxWatch President & CEO Dominic Calabro said today that he supports Chief Financial Officer Tom Gallagher and state lawmakers in their efforts to increase the availability of homeowners insurance through...
ACE USA Unveils Storm Tracker
Apr 12 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has introduced Storm Tracker, a new insurance product that provides coverage for business losses occurring when a hurricane arrives within a...
Up for Sale: Success in Today’s Homeowners Market
Apr 5 2004 // States show signs of stability, but problem areas remain Despite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Md. Governor Signs Isabel Relief Fund Into Law
Mar 30 2004 // Governor Robert L. Ehrlich, Jr. yesterday signed into law emergency legislation to provide housing relief for Maryland victims of Hurricane Isabel. The legislation establishes a new emergency housing program, Hurricane...
