Latest Natural Disasters Headlines
All the headlines from our Natural Disasters Topic Page, ordered by recency.
Hurricane Katrina Will Not Disrupt Market, Insurers Say
Oct 5 2005 // While property/casualty industry expects insured losses from Hurricane Katrina to reach a record high of $34.4 billion, the Property Casualty Insurers Association of America says insurers will weather the storm of more...
Agriculture Losses in La. from Hurricane Rita to Top $472 Million
Oct 4 2005 // The Louisiana Department of Agriculture and Forestry reported that with preliminary estimates in, it appears agriculture and forestry will take at least a $472 million hit from Hurricane Rita. Coupled with the growing...
Zurich Estimates Hurricane Katrina Losses at $600 Million, After Tax
Oct 4 2005 // Zurich Financial Services Group (Zurich) announced that it expects aggregate claims payments related to Hurricane Katrina of approximately $600 million after tax. This figure is net of reinsurance recoverables. It includes...
South Carolina Tweaking Hurricane Preparedness Plans
Oct 3 2005 // Emergency workers along the South Carolina coast are tweaking hurricane preparedness plans in the wake of Gulf Coast storms Katrina and Rita. According to the Columbia State, officials are looking into whether there are...
AIIA LAUNCHES HURRICANE KATRINA ‘BLOG’
Oct 3 2005 // Alabama Independent Insurance Agents have launched a Hurricane Katrina “blog” where information commentary or thoughts about the hurricane can be posted. AIIA created the blog to present all information the...
Hurricane Katrina: The Legal Saga Begins
Oct 3 2005 // The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the...
Stand-Alone Terrorism
Oct 3 2005 // Nuts & Bolts: Insurance Company of the West announced it will offer admitted stand-alone property terrorism coverage for most states. Additional states, including New York, New Jersey, Vermont, Connecticut, Dela-ware,...
After the Wreckage, Hurricane Katrina Spawns Lawsuits
Oct 3 2005 // Shortly after Hurricane Katrina devastated parts of Louisiana, Mississippi and Alabama, the U.S. Chamber Institute for Legal Reform issued a statement warning that the financial wreckage caused by Hurricane Katrina could...
Hurricane Rita Losses Not as High as Previous Storms
Oct 3 2005 // But destruction will add to totals from Dennis, Katrina and Ophelia. While indications are that damages from Hurricane Rita won’t come close to equaling those of its immediate predecessor, Hurricane Katrina, that...
After the Wreckage, Hurricane Katrina Spawns Lawsuits
Oct 3 2005 // Shortly after Hurricane Katrina devastated parts of Louisiana, Mississippi and Alabama, the U.S. Chamber Institute for Legal Reform issued a statement warning that the financial wreckage caused by Hurricane Katrina could...
Hurricane Rita Losses Not as High as Previous Storms
Oct 3 2005 // But destruction will add to totals from Dennis, Katrina and Ophelia. While indications are that damages from Hurricane Rita won’t come close to equaling those of its immediate predecessor, Hurricane Katrina, that...
Hurricane Katrina: The Legal Saga Begins
Oct 3 2005 // The New Orleans tragedy may spawn a wave of litigation related to flood protection and levee failures. Public statements, which may serve as a foundation for massive public safety legal claims, began Sept. 1. Based on the...
PIA Legislative Update: Agents Have Until March to Make Recommendations to Florida’s Hurricane Task Force
Sep 30 2005 // Legislative changes effecting property insurance that took place this year in the Florida Legislature were discussed by Keri Rayborn, Rayborn Consultants, and Ron Villella, PIA’s government affairs director, during a...
National Symposium on Future of Terrorism Risk Insurance Set
Sep 29 2005 // In the wake of Hurricanes Katrina and Rita, leaders from the public and private sectors from throughout the nation will take part in the National Symposium on Terrorism Risk Insurance in the Cannon House Office Building on...
Mold Proves Yet Another Challenge in Wake of Hurricanes
Sep 29 2005 // The horrific wake of two hurricanes on the Gulf Coast includes near-universal mold damage, a side effect that, while troublesome to home and business owners, may have its largest consequences on real estate lenders. With...
La. DOL Extends Disaster Unemployment Assistance Filing Following Hurricane Rita
Sep 28 2005 // The Louisiana Department of Labor announced that those affected by Hurricane Rita have until Nov. 30 to file for Disaster Unemployment Assistance. Because of the widespread devastation to homes and businesses in...
NOAA Meteorologists Predict ‘Strong Likelihood’ of October Hurricane
Sep 28 2005 // There is a strong likelihood another hurricane will occur in October and the most likely landfall will be Florida and Gulf region, according to meteorologists with the Hurricane Research Division of the National Oceanic...
Before Hurricane Rita Made Landfall, AppRiver Offered Digital Disaster Safety
Sep 27 2005 // Before Hurricane Rita made landfall, AppRiver, a Gulf Breeze, Fla. provider of business email security solutions, offered companies in the path of Hurricane Rita a free service to protect and preserve email traffic in case...
Hurricane Victims in Texas Can File Claims Before Seeing Damage
Sep 27 2005 // Texans who can’t return home because of the damage caused by Hurricane Rita can file a claim without seeing what has happened to their property, according to the Insurance Council of Texas. By filing a claim now, the...
Fitch: Hurricane Rita Won’t Cause Widespread U.S. Insurance Company Rating Changes
Sep 26 2005 // Fitch Ratings said Monday it expects Hurricane Rita will represent a material loss to the insurance industry and will create further strain on insurers’ claims-adjusting resources. However, Fitch does not expect any...
