Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
PartnerRe, Converium, Transatlantic and SCOR Give Preliminary Loss Estimates from Hurricane Charley
Aug 20 2004 // Bermuda-based PartnerRe Ltd. estimated that claims relating to its exposure to Hurricane Charley are expected to be between $35 and $45 million. Transatlantic Holdings, Inc. announced from New York that its estimated net...
NICB: Fla. Hurricane Victims Beware
Aug 19 2004 // Victims of Hurricane Charley in Florida may be the target of unscrupulous contractors and others who prey on people who are beginning to rebuild their homes and businesses, warns the National Insurance Crime Bureau...
Fla. CFO, Insurance Executives See Charley’s Wrath During Tour of Storm-Damaged Areas
Aug 19 2004 // Punta Gorda – Florida’s Chief Financial Officer Tom Gallagher on Thursday took executives from several major insurance companies on aerial and ground tours of areas devastated by Hurricane Charley. Gallagher...
I.I.I. Estimates Insurers Will Pay $7.4 Billion for Charley
Aug 18 2004 // Insurers are likely to pay out an estimated $7.4 billion for homes, businesses and personal possessions that were damaged by Hurricane Charley, according to the Insurance Information Institute (I.I.I.). The storm, which...
Insurers Say Charley Not as Devastating as Andrew
Aug 17 2004 // Initial reports from insurance companies with claims adjusters on the ground in Florida indicate that damage from Hurricane Charley, while extensive, was less than the state experienced when Hurricane Andrew hit South...
AIR Worldwide: Charley Paved Narrow, But Destructive Path Across Florida
Aug 17 2004 // With an expected insured loss of $6-10 billion, Hurricane Charley’s assault on Florida will likely rank as the second costliest in U.S. hurricane history. While devastating both in terms of damage and lives lost,...
RMS Revises Hurricane Charley’s Insured Loss Estimate to Around $5 Billion
Aug 16 2004 // It may be small comfort to the beleaguered Floridians who are trying to pick up their lives after Charley’s deadly passage Friday afternoon (See lead article), but the violent storm actually caused less damage than...
21st Century Tallies Claims From Charley
Aug 16 2004 // Florida-based 21st Century Holding Co. has reported losses for Hurricane Charley. Edward (Ted) Lawson, president & chairman of the Board, commented about Federated National Insurance Company, a subsidiary of 21st...
Charley Represents Material Loss, Fitch Says
Aug 16 2004 // According to Fitch Ratings, Hurricane Charley will represent only a material loss to the insurance industry because of the relatively wide range ($5 billion – $10 billion) of insurance loss estimates could be revised...
Best: Majority of Insurers Will Meet Charley Commitments; Industry Not to Be Significantly Weakened
Aug 16 2004 // In response to Hurricane Charley, A.M. Best Co. has been gathering public and private information in order to assess the financial impact the hurricane will have on the global property/casualty insurance and reinsurance...
Insurers Say Andrew Prepared Them for Charley
Aug 15 2004 // Hurricane Charley probably will not cause Floridians’ insurance premiums to skyrocket like 1992’s Andrew, and fewer insurers should go bankrupt from paying out damages expected to reach the billions of dollars,...
Charley Batters Cuba; Heads Towards Florida
Aug 13 2004 // It’s now apparent that Charley has become the season’s first full-blown hurricane, packing sustained winds of 105 mph (168 km/hr) with higher gusts. The storm hit Cuba near the port of Batabano, south of...
While Others Flee Dangerous Charley, Crews from MacDill Air Force Base Head Directly for the Storm
Aug 13 2004 // Mother Nature is poised to unleash hurricane-force winds and torrential downpours near Florida’s MacDill Air Force Base in Tampa Bay Friday, Aug. 13 from Hurricane Charley. While most people at MacDill have battened...
Neighbors, Volunteers and Faith Groups Spring into Action as Charley Bears Down on Southeast
Aug 13 2004 // by Susan Kim By Friday morning, two million residents and visitors had evacuated Florida as Hurricane Charley edged its 110-mph winds closer to the state’s west coast. The storm could send parts of Tampa and its...
Storm Bonnie Spawns Tornadoes from Fla. to Va.
Aug 13 2004 // Severe weather from Tropical Storm Bonnie spawned tornadoes from Florida to Virginia Thursday afternoon and Friday morning, killing three people and destroying numerous homes. In Rocky Point, N.C., a twister killed three...
RMS: Hurricane Charley Insured Losses Could Top $15 Billion as Storm Moves
Aug 13 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, has updated its forecast and loss estimates (See National news) for Hurricane Charley to reflect changes in the...
Hurricane Charley Heads for U.S. Mainland
Aug 12 2004 // As of 8:00 this morning Hurricane Charley was passing over Western Cuba, and the National Hurricane Center in Miami puts the storm on a track to strike Central Florida by tomorrow morning. Residents (and their insurers) in...
Fla. Residents Brace Themselves for Charley’s Visit
Aug 12 2004 // Residents of coastal areas can take steps now to make the insurance claims process move smoothly should their property be damaged by Hurricane Charley, according to the Insurance Information Institute (I.I.I.). According...
RMS: Direct Charley Hit Losses Could Top $10 Billion
Aug 12 2004 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, on Thursday warned that insured losses in the U.S. could exceed $10 billion if Hurricane Charley follows the...
Charley Threatens Caribbean Islands
Aug 11 2004 // The latest advisory bulletin from the National Hurricane Center in Miami reports that Tropical Storm Charley is continuing rapidly west-northwestward toward Jamaica and that a tropical storm warning and a hurricane watch...
