Latest Natural Disasters Headlines
All the headlines from our Natural Disasters Topic Page, ordered by recency.
HIGHWAY SAFETY, TERRORISM EXCLUSION HIGHLIGHT IDAHO LEG. SESSION:
May 9 2005 // Idaho’s 2005 legislative session was marked as much by what legislation was passed as by what was not passed, according to the American Insurance Association. “Idaho legislators and Gov. Dirk Kempthorne (R)...
Fla. Legislature Approves Hurricane Savings Accounts
May 5 2005 // Florida CEO Tom Gallagher affirmed that the Legislature has approved a measure laying the groundwork to enable residents to establish hurricane savings accounts and protect those accounts from creditors, but, Congress...
Lloyd’s Chairman Highlights Three Important Hurricane Lessons
May 4 2005 // Three important lessons from the 2004 hurricane season were highlighted to more than 100 insurance professionals Wednesday in Miami by Lloyd’s Chairman Lord Levene, in advance of what is predicted to be another tough...
Fla. Sets Groundwork for Hurricane Savings Accounts
May 4 2005 // Florida’s Chief Financial Officer Tom Gallagher today applauded state lawmakers for approving a measure that lays the groundwork for Floridians to set up hurricane savings accounts and protect these accounts from...
‘Miss Piggy,’ Hurricane Center Forecasters to Visit Charleston, S.C., Jacksonville, Fla.
Apr 29 2005 // Charleston, S.C. and Jacksonville, Fla. are two of five cities NOAA National Hurricane Center forecasters and NOAA Aircraft Operations Center crew will visit during a May 2-6, five-day mission. The purpose of the tour is...
Climatologist Cautions Peach-State Residents to Be Prepared for Hurricanes
Apr 28 2005 // “The seasonal hurricane outlook should have no impact on hurricane plans,” David Stooksbury, the Georgia state climatologist cautioned the Governor’s Emergency Management Conference at the Savannah...
S. Fla. Forecaster Suggests Link Between Hurricane Behavior, May Rainfall
Apr 28 2005 // A link between the behavior of hurricanes and the amount of rain that falls in South Florida in May has been suggested by Jim Lushine, a meteorologist and weather forecaster at the National Weather Service in...
PIFC Comments on Calif. Earthquake Authority’s Financial Stability
Apr 28 2005 // The following statement was released by Dan Dunmoyer, president of the Personal Insurance Federation of California, in response to comments made by California State Treasurer Phil Angelides at the California Earthquake...
EQECAT Issues U.S Hurricane Model Challenge
Apr 26 2005 // Richard Clinton, president of Oakland Calif.-based EQECAT, a leading authority on extreme-risk modeling, announced an initiative aimed at comparing its models of the 2004 hurricane events for Florida exposure against the...
Simulated Exercises Teach Homeowners How to Prepare for Hurricanes
Apr 22 2005 // Widespread hurricanes have blown through several Florida cities during the past several days, and Hurricane Armando, a simulated hurricane, is expected to hit Tallahassee April 23. Florida American Red Cross and Emergency...
Fla. ‘Sales Tax Holiday’ Proposed to Encourage Hurricane Preparations
Apr 21 2005 // With the beginning of the hurricane season six weeks away, Florida residents are scurrying to be ready to batten-down-the-hatches: Florida legislators are about to pass a “sales tax holiday” to enable consumers...
University Researchers Design Computer Model to Predict Hurricane Damages
Apr 21 2005 // A computer modeling system has been developed by two university researchers to predict the annual damage done by hurricanes, based on wind patterns over the land and sea in July, to predict whether damages will be greater...
Passage of Highway Safety, Terrorism Exclusion Legislation Highlight 2005 Idaho Legislative Session
Apr 21 2005 // Idaho’s 2005 legislative session was marked as much by what legislation was passed as by what was not passed, according to the American Insurance Association (AIA). “Idaho legislators and Gov. Dirk Kempthorne...
Aon: Businesses Must Not Ignore Terrorism Risk
Apr 19 2005 // Regardless of whether or not the U.S. Federal Government authorizes an extension to TRIA (Terrorism Risk Insurance Act) beyond the end of this year, terrorism remains a very real threat and should not be ignored. According...
Experts Report Commercial Property Terrorism Modeling Getting Better
Apr 18 2005 // Insurance companies are getting a better handle on how to estimate commercial property terrorism exposures and price the coverage thanks to advances in computer modeling. Despite the strides made in modeling to estimate...
European Nations Offer Lessons in Insuring Catastrophes and Terrorism
Apr 18 2005 // GAO Study Explores Examples of How Public-Private Insurance Partnerships Operate A new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government...
Insurers Tell Senate Panel of Possible Long-Term Terrorism Insurance Solution; Urge Swift Action
Apr 14 2005 // In testimony today before the Senate Banking Committee, Ernie Csiszar, president and chief executive officer of the Property Casualty Insurers Association of America, outlined possible components of a long-term terrorism...
P/C Industry Says Treasury Study Inadequate Gauge of Terrorism Insurance Market
Apr 11 2005 // Two months before the study is expected to be done, the property casualty insurance industry is getting nervous about a study on terrorism insurance being conducted by the Treasury Department, a study some in Congress are...
Florida’s CFO, Jupiter, Fla. Homeowners Discuss Unpaid Hurricane Claims; Final Meeting Slated April 9
Apr 8 2005 // Thursday night, six months after Hurricane Jeanne hit the east coast, Tom Gallagher, Florida’s CFO, met for the sixth in a series of seven town hall meetings to discuss unpaid claims with 250 homeowners in Jupiter,...
Fla. Legislation Would Require Insurance Companies to Disclose ‘Hurricane-Preparedness’ Discounts
Apr 8 2005 // Legislation now working its way through the Florida House and Senate would require insurance companies to disclose discounts they offer for policyholders who make their homes more resistant to hurricane winds. At present,...
