Latest Windstorm Headlines
All the headlines from our Windstorm Topic Page, ordered by recency.
Ohio’s Recent Windstorm Could Rival State’s Costliest at $600 Million
Oct 8 2008 // Ohio insurers say losses from last month’s windstorm will rival those from the state’s costliest natural disaster of recent decades. The 1974 tornado that devastated the western Ohio city of Xenia caused about...
Louisiana Lawmakers Seek Limit on Named Storm Deductibles
Oct 7 2008 // Key Louisiana lawmakers plan to challenge property insurers by trying to limit the special deductibles they can impose when homes are damaged by tropical storms and hurricanes. The so-called “named-storm”...
Carvill Offers Options on Individual Named Storms
Oct 6 2008 // Carvill Capital Markets recently listed named storm contracts on the Chicago Mercantile Exchange providing coverage for live hurricanes and for an entire hurricane season. Patrick Gonnelli, president of Carvill Capital...
Texas Windstorm Insurance Association Answers Policyholder FAQs
Oct 1 2008 // In an attempt to clear-up some of the confusion regarding claim filing and what is covered by the Texas Windstorm Insurance Association, the group has issued answers to the following frequently asked questions: Question:...
Ohio Wind Storm Damage Estimates Could Top $500 Million
Sep 29 2008 // Damage caused by the wind storm that ripped across Ohio Sept. 14 could hit $500 million or higher, making it one of the state’s costliest natural disasters. The Ohio Insurance Institute says $500 million is a...
Southeast Coastal Storm to Bring Brisk Winds, Waves
Sep 25 2008 // Powerful winds promised to scour the Southeast coast with strong winds and heavy seas, though residents were taking the promise of 50-mile-an-hour gusts in stride. The National Weather Service issued high wind warnings for...
Too Early to Tell if Kentucky Windstorm will Increase Insurance Rates
Sep 24 2008 // The Kentucky Office of Insurance says it’s too early to tell if the severe winds caused by the remnants of Hurricane Ike will result in insurance rate hikes. The Courier-Journal reported insurers have received tens...
Wis. Officials: Snow Storm Communications Helped in Flood Response
Sep 23 2008 // Wisconsin emergency management officials say a lack of communication during the 2008, February snow storm backup taught them how to better respond to this spring’s floods. The state Homeland Security Council issued a...
Kentucky’s ‘Worst Storm on Record’ Prompts Disaster Declaration Request
Sep 23 2008 // Kentucky Gov. Steve Beshear requested a presidential disaster declaration to help recover costs for public damages suffered in some 70 counties and cities across the commonwealth. As of Sept. 19, Beshear said 29 counties...
South Dakota Teepees Damaged in Storm Covered by Insurance
Sep 22 2008 // Officials of the Wakpa Sica (WAHK’-pah SEECH’-uh) Reconciliation Place on the outskirts of Fort Pierre, South Dakota will spend this fall and winter repairing teepees that were damaged by a summer storm. Hail,...
Rhode Island Marks 70th Anniversary of Its Most Destructive Storm
Sep 21 2008 // Downtown Providence was flooded and neighborhoods were destroyed. A group of school children who drowned after their bus was swept off the road were among the hundreds killed. It’s been 70 years since a catastrophic...
Storm Surge Not Covered in Texas Windstorm Association Policies
Sep 19 2008 // A Texas consumer group took issue with the state-chartered windstorm insurance association over its refusal to pay coastal residents for storm surge damage in Hurricane Ike. The Texas Windstorm Insurance Association says...
Kentucky Checking Insurer Response to Storm Damage
Sep 19 2008 // The Kentucky Department of Insurance continues to assess insurance company response to the devastating Sept. 14 windstorms. The storms caused widespread damage, according to reports that insurers submitted to DOI, but...
Hurricane Ike Tests Texas Windstorm Association’s Ability to Pay Claims
Sep 18 2008 // The Texas Windstorm Insurance Association (TWIA) on Sept. 17 announced that anticipated claims from Hurricane Ike will force it to use the entire $370 million remainder of its Catastrophe Reserve Trust Fund, according to...
Ohio Director Urges Residents to Inspect for Wind Storm Damage
Sep 16 2008 // The Ohio Department of Insurance is advising residents to move quickly to check for storm damage to homes and vehicles. Insurance Director Mary Jo Hudson says if your property was hurt by high winds on Sept. 14, take notes...
Reinsurers Seeking Sidecars to Ride Out Next Big Storm
Sep 10 2008 // As Hurricane Ike takes aim at the Gulf of Mexico, triggering memories of 2005’s devastating storms, reinsurers see temporary underwriting vehicles as the solution to their capital needs in the event of “the Big...
Tropical Storm Hanna Landfalls in Carolinas, Ike Threatens Florida
Sep 7 2008 // Tropical Storm Hanna blew ashore over tourist beaches on the North-South Carolina border early on Sept. 6 at the start of a projected dash up the Eastern Seaboard. The National Hurricane Center in Miami said Hanna’s...
S&P, Best: Gustav’s Impact Minimal – But Storm Losses are Cumulative
Sep 3 2008 // Both Standard & Poor’s Ratings Services and A.M. Best have issued statements following the passage of Hurricane Gustav, which indicate that the storm’s impact on the industry will not be nearly as severe...
Tropical Storm Fay’s Four Landfalls in Florida Sets Record
Sep 1 2008 // Tropical Storm Fay made a record four landfalls on the northern Gulf Coast last month, drenching and damaging communities, crops, homes and businesses across the Florida peninsula. Gov. Charlie Crist received a major...
Hurricanes and Tropical Storms: 2 Down, How Many More to Go?
Sep 1 2008 // With hurricane season halfway over for 2008, Louisiana has so far dodged the bullet but Texas has taken on two warning shots with Hurricane Dolly and Tropical Storm Edouard. As such storms go, neither packed a lot of...
