Latest Natural Disasters Headlines
All the headlines from our Natural Disasters Topic Page, ordered by recency.
MIT Hurricane Study: Global Warming ‘Pumping Up’ Destructive Power
Aug 1 2005 // Global warming is pumping up the destructive power of hurricanes and typhoons, a new study published by Kerry Emanuel, a Massachusetts Institute of Technology hurricane specialist suggests. Emanuel’s analysis of data...
AIG to Help Rebuild Banda Aceh Fish Market Destroyed by Tsunami
Jul 27 2005 // American International Group has signed an agreement to provide funding to rebuild Peunayong Market, the biggest fish market in Banda Aceh, Indonesia. The total value of the Peunayong Market project is estimated at...
Insurers Unveil ‘Market-Based’ Proposals to Boost Private Terrorism Insurance
Jul 27 2005 // Property casualty insurers have outlined what they term a “market-based” approach to providing terrorism risk insurance. The proposals include repeal of some state laws on fire policies and creation of a...
Key Elements of PCI’s ‘Market-Based’ Plan for Terrorism Risk Insurance
Jul 27 2005 // Key Elements in a Market-Based Approach to Terrorism Insurance Property Casualty Insurers Association of America Presented to the House Financial Servcies Committee July 26, 2005 Fundamental Objectives Fundamental...
TDI Available for Questions About Hurricane Emily Claims
Jul 27 2005 // A week after Hurricane Emily made landfall in northern Mexico many of those in South Texas who suffered damage from the storm are now settling insurance claims and making repairs. Once a settlement is reached, insurance...
Valley Residents Repairing Storm Damage May Need to Have a Windstorm Inspection Done
Jul 27 2005 // In order to retain or acquire Windstorm Insurance from the Texas Windstorm Insurance Association (TWIA) residents of Texas’14 coastal counties, which include Cameron and Willacy Counties, must obtain a Windstorm...
Could This Hurricane Season Break 21-Storm Record?
Jul 27 2005 // The United States has already experienced seven named storms in less than six weeks, at this rate, 22 systems would form by Nov. 30, which would break the 21-storm record established in 1933. According to the National...
Hurricane Sales Tax Measure Dies in Alabama; Sponsors Pledge to ‘Try Again Next Year’
Jul 26 2005 // Although an effort was mounted during Alabama Legislature meetings in Montgomery to grant a sales tax break on necessary supplies to prepare for a hurricane, the measure was not passed, but its sponsor Rep. Spencer...
Hurricane Dennis Losses Estimated at $900 Million in Four S.E. States
Jul 26 2005 // Insurance companies are expected to pay policyholders in four states $900 million on claims for insured property losses from Hurricane Dennis according to damage estimates released by the Florida Insurance Council and...
Progressive Settles 80 Percent of Hurricane Dennis Fla. Auto Claims
Jul 26 2005 // Hurricane Dennis hit the Florida Panhandle 16 days ago, yet Progressive, Florida’s fourth largest auto insurer reports it has settled 80 percent of its auto claims resulting from the hurricane. “The phones...
Pensacola, Fla.’s Gasoline Supplies ‘Dry Up’ After Hurricane Dennis
Jul 25 2005 // In the aftermath of Hurricane Dennis, Pensacola, Fla. gasoline station owners and employees are pleading with suppliers to make more deliveries. The gasoline shortage is due to area resident’s reaction to Hurricane...
AIG Disaster Relief for Tsunami Victims Enters Reconstruction Phase
Jul 20 2005 // Now that immediate efforts to assist tsunami victims with housing and food relief are well underway, the AIG Disaster Relief Fund and CHF International are joining together to begin the next critical phase of long-term...
ASUR Reports Small Impact from Hurricane Emily
Jul 19 2005 // Grupo Aeroportuario del Sureste S.A. de C.V. (ASUR) announced that its Cancun, Cozumel, and Merida airports were temporarily closed as a safety precaution in anticipation of Hurricane Emily. The three airports have since...
Miss. Insurance Department Cautions: ‘Be Prepared, Vigilant’ for Hurricanes
Jul 19 2005 // Mississippi Insurance Commissioner George Dale has cautioned everyone to be “prepared and vigilant” for what could be a very active hurricane season. When it was unsure where Hurricane Dennis would go,...
The Threat Remains: With or Without TRIA, Terrorism Still a Top Concern
Jul 18 2005 // The insurance industry expressed its disappointment over the June 30 release of the Treasury Department’s report announcing its opposition to the renewal of the Terrorism Risk Insurance Act by Congress in its current...
Research Reports: Competing World Views on Terrorism Insurance
Jul 18 2005 // The Treasury report on terrorism insurance is just one of several on the subject. Here is a summary of some other reports: Organization for Economic Cooperation and Development, July 2005 Private markets are not yet able...
Crawford & Co.’s CAT Communications Truck Performs Well in Pensacola, Fla. Hurricane Dennis Tryouts
Jul 18 2005 // A stable source of power and wireless communications to field units and adjusters was provided last week when Crawford & Co. dispatched a new satellite Catastrophic Services (CAT) communications truck to Pensacola,...
Hurricane Emily Moves Towards Mexico-U.S. Border; Storm Weakens, But Still a Threat
Jul 18 2005 // Having lost some of her punch, Hurricane Emily moved on Monday into the Gulf of Mexico where warmer water temperatures could give her one more strong shot of power as she moves towards the Mexico-U.S. border. The storm...
JUNE HAILSTORMS TOTAL $18 MILLION IN INSURED DAMAGES
Jul 18 2005 // North Dakota Insurance Commissioner Jim Poolman reported that severe weather that ripped through the Dickinson area in Western North Dakota and the Langdon and Walhalla areas in Eastern North Dakota earlier this month has...
Research Reports: Competing World Views on Terrorism Insurance
Jul 18 2005 // The Treasury report on terrorism insurance is just one of several on the subject. Here is a summary of some other reports: Organization for Economic Cooperation and Development, July 2005 Private markets are not yet able...
