Latest Windstorm Headlines
All the headlines from our Windstorm Topic Page, ordered by recency.
STORMS RACK UP $1.2B IN CLAIMS
May 5 2003 // U.S. property/casualty insurers are expected to pay an estimated $1.2 billion for insured property-loss claims from winter storms and windstorms that pummeled 10 states in early April, according to preliminary estimates by...
ISO Says Insurers Will Pay $1.2B in Storm Claims in 10 States
Apr 25 2003 // U.S. property/casualty insurers are expected to pay policyholders an estimated $1.2 billion for insured property-loss claims from a winter storm and windstorm catastrophe that pummeled 10 states in early April, according...
Central Miss. Storms More Expensive Than Expected
Apr 17 2003 // Mississippi Insurance Commissioner George Dale announced that the recent storms that hit central Mississippi are turning out to be much more expensive than previously thought. Dale said preliminary numbers on the cost of...
Nationwide Reports Weekend Storm Claims May Top $62 Million
Apr 14 2003 // Nationwide Insurance reported today that it has received more than 14,500 claims from weekend hail and wind storms that swept through nine states, including Alabama, Illinois, Indiana, Michigan, Mississippi, New York,...
Ohio February Winter Storm Losses Less Than Expected
Mar 17 2003 // Preliminary estimates from February’s snow and ice storms that hammered 16 states from the Mid-Atlantic to New England caused less than $20 million in insured losses in Ohio, according to the Ohio Insurance Institute...
Erie Insurance Reports $25 Million Preliminary Loss Estimate from Recent Storms
Mar 14 2003 // The Erie Insurance Group announced that it has received loss notification from approximately 6,600 policyholders as a result of severe ice, snow and flooding Feb. 14-18 and Feb. 21-23, 2003. It gave preliminary loss...
Observations from the Storm
Mar 10 2003 // Unless you’ve been hiding under a rock somewhere for the past year or two, yes, we’re in the midst of a hardening market cycle. After a prolonged soft market period, prices seem to be firming in every segment,...
Observations From the Storm
Mar 10 2003 // Unless you’ve been hiding under a rock somewhere for the past year or two, yes, we’re in the midst of a hardening market cycle. After a prolonged soft market period, prices seem to be firming in every segment,...
RMS Estimates Losses from Recent European Windstorm Could Reach $940 Million
Jan 9 2003 // California’s Risk Management Solutions, Inc. (RMS), a global provider of products and services for catastrophe risk management, announced that overall losses from Windstorm Calvann, which swept through France and...
Erie Reports Storm Losses, Loss Reserve Increases
Dec 25 2002 // Erie Insurance Group announced that its property and casualty companies would increase loss and loss adjustment expense reserves by approximately $184 million in the fourth quarter of 2002. The company also reported its...
ISO Says Insured Losses Stand at $360M from Early Dec. Winter Storm
Dec 20 2002 // Insurers are expected to pay homeowners and businesses $360 million for insured-property losses from the winter storm on Dec. 4-5 that blanketed North Carolina and four other states with snow and ice, according to...
Nationwide Says Winter Storm Claims Expected To Top $27 Million
Dec 10 2002 // Ohio-based Nationwide Insurance reported that it expects to receive more than 11,000 claims from the recent winter storms in North Carolina and South Carolina, and estimates insured policyholder losses eventually could be...
ISO Says Insurers’ Losses from Seven-State Tornado Damage Stand at $460M
Dec 4 2002 // Insurers are expected to pay homeowners and businesses $460 million for insured-property losses from the rash of tornadoes, strong thunderstorm winds and hail that struck seven states on Nov. 9-10, according to preliminary...
RMS ESTIMATES WINDSTORM JEAN-ETT CAUSED MAJOR FINANCIAL IMPACT
Nov 25 2002 // California-based Risk Management Solutions Inc. (RMS), announced that the windstorm, designated Jeanett, which has hit the U.K., France, and the rest of northern Europe in late October, could cause up to 1 billion Euros...
TDI Assisting Victims of Gulf Coast Storms
Nov 19 2002 // The Texas Department of Insurance announced it sent teams of volunteers to provide insurance advice and claim assistance to consumers whose homes and automobiles were damaged by recent storms along the Texas Gulf...
Nationwide Estimates Storm Claims May Top $17.5 Million
Nov 14 2002 // Ohio-based Nationwide Insurance, the country’s fourth largest homeowners’ insurer, announced that it estimates that insured policyholder losses from last weekend’s tornadoes and hail storms could be more...
Tornado Losses in Tenn., Ohio and Other Eastern States Expected to Be $290M
Nov 14 2002 // The tornadoes that swept across the eastern United States this past weekend could cost insurers $290 million – making it one of the top five costliest tornado events, according to the Insurance Information Institute...
No Loss Figures Yet for Storm-Ravaged States
Nov 13 2002 // It will be another day or two before State Farm Insurance Company will have information on the amount of insured losses resulting from a series of strong storms that hit eastern and southeastern states Nov. 10 and 11. At...
I.I.I. Provides Tornado Information, Insurer Hot-Lines
Nov 13 2002 //
Ohio Insurance Department Provides Claim Tips for Storm Victims
Nov 13 2002 // Ohio Department of Insurance Director Lee Covington has issued a series of “tips” to help property owners filing claims resulting from the devastating tornadoes that struck the state over the...
