Latest Windstorm Headlines
All the headlines from our Windstorm Topic Page, ordered by recency.
5 Die in Ohio as Tornadoes Ravage U.S. Heartland
Nov 12 2002 // Five persons were reportedly killed by the tornadoes that struck Ohio on Sunday night and Monday morning. The storms were part of a system that caused waves of death and destruction throughout the U.S. heartland from...
RMS Update Shows European Windstorm Damages Climb Upward
Nov 5 2002 // Risk Management Solutions, Inc. (RMS) has updated its estimate of damages and insured losses from Windstorm Jeanette, originally released on Oct. 30. RMS now estimates that total damages from the storm, which impacted...
PartnerRe Weathers the Storm: Cuts Q3 Losses, Premiums Up 45%
Nov 4 2002 // Despite loss estimates of around $120 million from this summer’s floods in Germany and Eastern Europe, Bermuda’s PartnerRe had a relatively good third quarter, narrowing its net loss for the three months to...
RMS Estimates Windstorm Jeanett May Cause $983 Million in Total Damages
Oct 31 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 over the last several days may cause up to 1 billion...
Windstorms Batter U.K., France
Oct 28 2002 // Emergency Workers in Southern England and Northwest France were busy Monday morning cleaning up the debris and beginning infrastructure repairs after the passage of a powerful windstorm over the weekend blew down power...
Indiana Tornado Losses Will Prove Costly
Sep 25 2002 // The tornadoes that ripped through Indiana last week will prove costly. Preliminary estimates put the costs of repairing the damages in Marion County alone at $29,797,800. An article in the Indianapolis Star reported that a...
Indiana Tornado Causes Widespread Damage, No Lives Lost
Sep 23 2002 // A series of powerful tornadoes ripped through central Indiana on Friday afternoon causing widespread damage, but miraculously no lives were lost and no serious injuries were reported. The storms, which are unusual at this...
16 Dead, 18 Missing as Storms Hit Southern France
Sep 10 2002 // Thunderstorms of unprecedented intensity struck Southern France Sunday night and Monday, causing widespread flooding and knocking out road and rail transportation throughout the region. 16 people were killed as a direct...
$20 Million Damage Estimate from Wisconsin Tornado
Sep 5 2002 // A tornado that ripped through the town of Ladysmith in Wisconsin’s Rusk County on Labor Day caused an estimated $20 million in damages. According to a report from the Associated Press local authorities estimated the...
Vesta Group Reports $6M Loss from Storms
Jul 22 2002 // Alabama-based Vesta Insurance Group announced a $6.2 million loss from catastrophes for the second quarter of 2002. Vesta’s net operating loss is expected to be between $0.02 and $0.05 per diluted share. Vesta...
The Storms Will be Out There: Average Hurricane Season Predicted
Jun 24 2002 // Colorado State University hurricane forecasters, led by Dr. William Gray, recently lowered this year’s Atlantic basin hurricane forecast numbers, but that hasn’t prevented insurance commissioners from states...
INSURERS DAMAGED BY SPRING STORMS
Jun 10 2002 // According to the Insurance Services Office (ISO), U.S. insurers will pay out $700 million for damage from storms that wrecked havoc through 17 states at the end of April. The losses are the largest to hit the country since...
Storm Hits Western PA, State of Emergency Declared
Jun 3 2002 // Thunderstorms, accompanied by torrential rain and high winds caused widespread destruction in and around Pittsburgh Friday night leading Allegheny County manager Bob Webb to declare a state of emergency. According to...
Storms Expected to Impact State Auto Financial Earnings
May 24 2002 // Ohio-based State Auto Financial Corporation estimates that storms would contribute between $20 to $22 million to losses in the second quarter, adding 9 to 10 direct loss ratio points to second quarter results. The company...
Insurers Damaged by Spring Storms
May 24 2002 // According to the Insurance Services Office (ISO), U.S. insurers will pay out $700 million for damage from storms that wrecked havoc through 17 states at the end of April. The losses are the largest to hit the country since...
Erie Estimates $33-$37 Million in Claims from Tornadoes, Hail Storms
May 23 2002 // Pennsylvania-based Erie Insurance Group announced that claims estimates are between $33 and $37 million as a result of the damages caused by the tornadoes, wind and hail storms that struck Maryland, Virginia, West Virginia...
Aon Addresses Tornado/Hail Loss
Apr 15 2002 // Aon announced that its reinsurance services unit has assembled substantial capacity for clients that are exposed to potentially significant tornado/hail losses. The capacity is available on either an indemnity or index...
Aon Unveils Tornado/Hail Loss Solutions
Apr 2 2002 // Aon announced that its reinsurance services unit has assembled substantial capacity for clients that are exposed to potentially significant tornado/hail losses. The capacity is available on either an indemnity or index...
Lloyd’s Seems to be Weathering the Storm
Mar 11 2002 // After the record losses from the WTC attacks, two cash calls, a buffeting by the rating agencies, a proposed reorganization of its basic financial structure and an audit by the National Assoc-iation of Ins-urance...
Lloyd’s Seems to be Weathering the Storm
Mar 11 2002 // Elton John’s “I’m Still Standing” could become Lloyd’s theme song—it’s a better fit than “Candle in the Wind.” After the record losses from the WTC attacks, two cash calls,...
