Latest Windstorm Headlines
All the headlines from our Windstorm Topic Page, ordered by recency.
Public Entities Forced to Adjust Sails in Fiscal Storm
Feb 7 2011 // State and municipal governments are facing tight budgets and many are having difficulty paying for their police, fire, schools and services. Where the municipalities can’t cut back, however, is on...
Insured Losses from Recent U.S. Storm Could Top $1 Billion
Feb 6 2011 // Insurers stand to pay between $790 million and $1.4 billion for insured losses to residential, commercial and industrial properties and to automobiles stemming from the winter storm that struck the U.S. on Feb. 1 and Feb....
Midwest Buckles Under Storm
Feb 3 2011 // A massive storm billed as the worst in decades barreled toward the northeast Wednesday, leaving vast swaths from Chicago to New York paralyzed by snow and ice, stranding hundreds of motorists all night and shuttering...
Oklahoma Seeks Out-of-State Adjusters to Help with Storm Claims
Feb 2 2011 // Oklahoma Insurance Commissioner has issued an emergency order granting licenses to insurance adjusters form other states to help cope with claims expected as a result of a major winter storm. The state is among those being...
Texas Windstorm Insurance Assoc. to Begin Paying Commissions Monthly
Jan 28 2011 // The Texas Windstorm Insurance Association, the property insurer of last resort along the Texas Gulf Coast, reports that in the second quarter of 2011 it will begin paying agents’ commissions monthly. TWIA will...
Oklahoma Lawmaker, Manufactured Housing Assoc. Tackling Tornado Safety
Jan 27 2011 // Oklahoma State Rep. Pat Ownbey and the Manufactured Housing Association of Oklahoma Board of Directors’ are seeking to develop sample emergency plans for mobile home communities to prevent deaths in the event of a...
Year-End Storms Cloud P/C Insurers’ Results
Jan 24 2011 // U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away...
Hudgens Directs Insurers to Exercise ‘Leniency’ After Georgia Storms
Jan 21 2011 // Georgia Insurance Commissioner Ralph Hudgens has issued an order directing insurers to exercise leniency in dealing with individuals and businesses that may have trouble paying premiums due the winter storms that swept...
Storm Claims Continue Two Years Later
Jan 10 2011 // More than 700,000 insurance claims have been filed from Hurricane Ike, and two years after the storm claims continue to be reported. The Texas Windstorm Insurance Association (TWIA) receives approximately one new claim...
Swiss Re Places $97 Million Windstorm Cat Bond for Groupama
Jan 7 2011 // Swiss Re Capital Markets has successfully structured and placed €75 million [app. $97 million] of notes issued by Green Fields Capital Limited covering French windstorm events. “Green Fields is a newly...
Year-End Storms Cloud P/C Insurers’ Profit Picture
Jan 5 2011 // U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away...
Arkansas Counties Declared Disaster Areas After Storms
Jan 4 2011 // Gov. Mike Beebe has declared two Arkansas counties affected by a tornado and severe storms as state disaster areas. Severe weather on Dec. 31 caused three deaths and eight injuries, along with damage to more than 30 homes...
Maine Governor Seeks Disaster Assessment from Storm
Dec 31 2010 // Maine Gov. John Baldacci is requesting a damage assessment for the torrential rainstorm that deluged eastern Maine earlier this month. The Dec. 12 storm dropped 6 to 8 inches of rain in places, washing out local roads,...
Alabama Tornado Survivors Still Coping 10 Years Later
Dec 22 2010 // Whitney Crowder doesn’t remember the day her father died. What happened Dec. 16, 2000, has gone down in state history: Eleven people, including her father and baby brother, died when an F4 tornado hit south...
Louisiana’s Terrebonne Parish Demolishing Storm Damaged Homes
Dec 17 2010 // Terrebonne Parish is planning to demolish about 450 hurricane-damaged homes, mostly in low-lying bayou communities. Parish officials said the structures will be torn down this spring because they are in such dilapidated...
North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?
Dec 5 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...
Tropical Storm Risk on ‘Remarkable’ 2010 Hurricane, Typhoon Seasons
Dec 3 2010 // To mark the end of the 2010 Atlantic hurricane season, Tropical Storm Risk (TSR), which provides resources for predicting and mapping tropical storm activity worldwide and is co-sponsored by Aon Benfield, has issued a...
Georgia Insured Storm Damage Estimated at $5 Million
Dec 2 2010 // Georgia Insurance Commissioner John W. Oxendine said that heavy winds, rain and thunderstorms on Nov. 30 caused an estimated $5 million in insured losses in Gwinnett County on Nov. 30. This estimate includes damage to cars...
European Storm Season Starts, But Forecasts are Difficult, Says Lloyd’s
Dec 1 2010 // The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season, which usually lasts around four months, starts up. In its examination of the onset...
Aon Benfield Warns on Perils of European ‘Uncommon’ Storm Tracks
Nov 17 2010 // Aon Benfield has issued a briefing on uncommon European winter storm tracks in conjunction with the University of Cologne. The research points to a lower total number of events in the future, but “indicates intense...
