Latest Natural Disasters Headlines
All the headlines from our Natural Disasters Topic Page, ordered by recency.
Fitch Sees Tsunami Repercussions Varying Across Insurance Sector
Dec 29 2004 // Fitch Ratings has issued a bulletin indicating that it “expects insured losses stemming from the recent Southeast Asian earthquake and tsunami to affect the Asian primary insurance market and the worldwide...
Georgia Still Cleaning Up After Hurricane Ivan, Storms
Dec 28 2004 // More than $114 million in hurricane claim losses have been reported in Georgia by John Oxendine, Insurance Commissioner, while Hurricane Ivan accounted for $75 million in damages. A number of families in metro Atlanta are...
NOAA: U.S. Reported Tornadoes Reaches Record High
Dec 27 2004 // The total number of tornadoes reported in the United States reached a record high during the year 2004, surpassing the previous record by almost 300, according to officials at NOAA’s Storm Prediction Center in...
INSURERS WELL-POSITIONED TO SHOULDER HURRICANE LOSSES:
Dec 20 2004 // Even with the nearly $21 billion of hurricane-related losses expected to be reflected in the third- and fourth-quarter results, the nation’s property/casualty insurers are well-capitalized and safely positioned to...
P/C INSURERS POSITIONED TO WEATHER HURRICANE LOSSES:
Dec 20 2004 // Even with the nearly $21 billion of hurricane-related losses expected to be reflected in the third and fourth quarter results, the nation’s property/casualty insurers are well-capitalized and safely positioned to...
Fla. Legislators Unanimously Approve Hurricane Victim Assistance Package
Dec 16 2004 // A half-billion-dollar aid package, including property and sales tax rebates to reimburse residents who had to pay more than one hurricane deductible, was approved by the Florida Legislature before it adjourned today. The...
Hurricane Scheme Ends with 10-year Prison Sentence
Dec 15 2004 // An attorney who cheated Hawaii out of more than $12 million was sentenced Monday to 10 years in prison. Jerrold Chun, 56, had pleaded no contest to charges filed in connection with a scheme involving insurance claims...
Aon: More than Half of Companies Studied Decide to ‘Take Up’ Some Kind of Terrorism Insurance
Dec 15 2004 // With the “new reality” created by the terrorist acts of Sept. 11, 2001, companies throughout the globe faced a new set of issues in managing the broad spectrum of risks created by these events. In a study...
P/C Insurers Positioned to Weather Hurricane Losses
Dec 7 2004 //
2004 Hurricane Season Broke Records; 2005 Impossible To Predict
Dec 6 2004 // It’s unnecessary to crunch figures to determine that hurricane damages from the five storms that hit the continental U.S. this year will exceed $25 billion and that the 2004 hurricane season will go into the record...
Hurricane Experts, Mayfield, Bailey to Address Tampa Windstorm Conference
Dec 6 2004 // Max Mayfield, National Hurricane Center director and Bill Bailey, Hurricane Insurance Information Center director will join leading property insurance industry experts speaking at the Feb. 1 to 4 Sixth Annual Windstorm...
Terrorism Insurance
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and...
Big “I” Panelists Concerned About Terrorism, Asbestos, Tort Reform
Dec 6 2004 // Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company chief executives participating in a panel discussion during last month’s Independent Insurance Agents &...
Hurricane Spitzer to Take London by Storm
Dec 6 2004 // There’s still some sense of disbelief over here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...
Terrorism Insurance
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio to help protect businesses against terrorism risks, including losses from biological and chemical attacks....
Hurricane Spitzer to Take London by Storm
Dec 6 2004 // There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...
Hurricane Spitzer to Take London by Storm
Dec 6 2004 // There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to have struck New York full on, but the hope that it may not hurt London too much is palpable. The thinking goes that...
Terrorism Insurance
Dec 6 2004 // Nuts & Bolts: The AIG Companies launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and...
Weather Experts Predict More Active Hurricane Seasons
Dec 3 2004 // National Hurricane Center forecasters warn that a trend toward greater numbers of storms and stronger storms may last for years. If they’re right, the southeast United States could suffer through many more vicious...
FEMA Notes Record Aid for 2004 Hurricane Season
Nov 30 2004 // The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported this week that a record $4.27 billion in FEMA disaster funds have been expended to date to aid people and communities...
