Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Why Homeowners Should Worry Despite ‘Calm’ Hurricane Forecast
Apr 10 2015 // The Colorado State University hurricane forecast for the Atlantic Ocean came out Thursday and called for seven named storms. That would be the fewest since 1997. The CSU forecast will be followed soon by a host of others,...
Calm Atlantic Hurricane Season Forecast Due to Cooler Seas, El Nino
Apr 9 2015 // The Atlantic Ocean may have one of its quietest hurricane seasons in decades because of cooler water in the Atlantic and an El Nino in the Pacific, Colorado State University forecasters said. William Gray and Phil...
Citizens Board Approves $1B in Pre-Event Bonds for 2015 Hurricane Season
Apr 8 2015 // Citizens Property Insurance Corp.’s Board of Governors has approved the issuance of up to $1 billion in pre-event bonds to provide Citizens with readily available cash flow for the 2015 hurricane season and...
Louisiana’s Eagan Insurance: Carrying on a Family Tradition
Apr 6 2015 // Marc Eagan says he’s fortunate that his four children grew up in and around the insurance business. For Eagan, president of Eagan Insurance Agency located in the New Orleans-area, it means his firm is well-situated...
Storm Surge Alerts to Begin on Atlantic Coast This Hurricane Season
Apr 2 2015 // As the people of New Orleans, New Jersey and New York know all too well, much of the death and damage caused by hurricanes isn’t from the wind. It’s from the storm surge. When the 2015 Atlantic hurricane season...
2014 Insured Cat Losses below Average at $35 Bn: Swiss Re Sigma Report
Mar 25 2015 // Swiss Re has just released its sigma report on catastrophe losses for 2014, which confirms that total global economic losses from natural catastrophes and man-made disasters were around $110 billion, compared to global...
N.Y. Assemblyman Proposes State-Run Flood Insurance
Mar 23 2015 // A New York State assemblyman is proposing a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced the plan...
Palomar, TriCoast Insurance Launch Windstorm-Hurricane Product in Hawaii
Mar 13 2015 // Palomar Specialty Insurance Co. has partnered with TriCoast Insurance Services, LLC to offer a residential windstorm-hurricane insurance product in Hawaii. The product is a stand-alone hurricane coverage that will be...
Florida Ends Citizens Assessment Two Years Ahead of Schedule
Mar 10 2015 // Florida’s insurance regulators are two years ahead of schedule in ending an assessment used to retire a bond issued by the state-backed property insurer Citizens following the eight-storm 2004-2005 hurricane...
N.Y. Assemblyman Proposes State-Run Flood Insurance
Mar 5 2015 // A New York State assemblyman says he will introduce a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced...
Hurricane Sandy Victims Reach First Set of FEMA Insurance Settlements
Mar 3 2015 // Federal disaster assistance officials have begun reaching settlements with more than 1,000 Hurricane Sandy victims who allege they were unfairly denied flood insurance claims or paid too little for them. Lawyers for...
Climate Change Modeling on Cusp of Paradigm Shift
Feb 26 2015 // In the face of growing interest in climate change impacts, several big catastrophe modelers said they’ve heard from more clients interested in receiving climate-related data and they believe the field is on the cusp...
2014 Insured Losses Hit Lowest Level in Five Years: Guy Carpenter
Feb 26 2015 // Insured losses in 2014 were at the lowest level seen since 2009, according to Guy Carpenter’s annual Global Catastrophe Review. The report says that significant insured losses in 2014 totaled approximately USD33...
Waffle House Has Disaster Response On Its Menu
Feb 23 2015 // When a big storm or tornado devastates a community, the Federal Emergency Management Agency (FEMA) usually steps in to help state and local officials. But in recent years, FEMA has been getting some help of its own from an...
FEMA Found to Have Overpaid Florida Residents by $177M
Jan 7 2015 // The federal agency that provides grants to states following a major catastrophe is under fire for providing Florida residents an estimated $177 million in funds that should have been covered by private insurers. A recent...
Looking Back to 2014, Ahead to 2015 at Natural Disaster Activity
Dec 29 2014 // Fewer tornadoes, a mild hurricane season, lower acreage lost to wildfires, overall less flood and other damage— all in all, 2014 was not as bad as it could have been for natural disasters in the U.S. That’s...
The Two Year Reduction in Natural Hazard Damage: A Long-Term Trend?
Dec 29 2014 // This post is part of a series sponsored by CoreLogic. Natural hazards continue to pose a significant risk to properties in the United States and abroad. As we near the close of 2014, it is important to take time to...
Louisiana Auditor: Work Needed Still on Tracking Hurricane Aid
Dec 29 2014 // Louisiana has a long way to go to make sure that more than a billion dollars in housing aid has been used properly by the thousands of people who got federal help from the catastrophic 2005 hurricane season, according to a...
Risk Modelers Aim to Gauge Risks of ‘Cyber Hurricane’
Dec 22 2014 // Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to...
Swiss Re sigma 2014 Disaster Insured Loss Estimates = $34 Billion
Dec 17 2014 // According to Swiss Re’s preliminary sigma estimates, total economic losses from natural catastrophes and man-made disasters were $113 billion in 2014, down from $135 billion in 2013. Out of the total economic losses,...
