Latest Windstorm Headlines
All the headlines from our Windstorm Topic Page, ordered by recency.
Okla. Storm Losses Reach $40M
Mar 11 2002 // Oklahoma Insurance Commissioner Carroll Fisher announced updated estimates for insured losses stemming from ice storms that hit the state Jan. 31-Feb.1. Latest estimates, tabulated by New Jersey-based Property Claims...
Okla. Ice Storm Estimate AT $17M
Feb 25 2002 // Oklahoma Insurance Commissioner Carroll Fisher announced that preliminary estimates show the insurance industry will pay $17 million in claims related to an ice storm that hit the state in late January. Fisher said he has...
U.K. Insurers Fear Big Losses as Storm Ravages Country
Jan 30 2002 // A violent storm sweeping in off the North Sea over the weekend has left a trail of devastation in Northern England, Wales and Scotland. With wind gusts reaching 120 mph. The storm caused the deaths of 7 persons, halted...
NYSID Advises Consumers to Prepare for Winter Storms
Nov 6 2001 // Gregory V. Serio, Superintendent of the New York State Insurance Insurance Dept. welcomed Governor Pataki’s declaration of November 4-10 as “Winter Preparedness Week” with a statement reminding consumers...
Maryland Seeks Federal Aid for Tornado Cleanup
Oct 4 2001 // In an effort to receive Federal assistance, Maryland Governor Parris Glendening asked that Prince George’s and Howard Counties be declared disaster areas following the extensive damages caused by a tornado last...
Maryland Tornado Losses Top $30 Million
Oct 1 2001 // The damage to public and private property from the tornado which ravaged Prince George’s and Howard Counties last week has been preliminarily estimated at $31.7 million. No indications have yet been made concerning...
Storms Drive Iowa Homeowner Rate Increases
Sep 6 2001 // Iowa’s hail, wind and ice storms over the past few years are driving up homeowners’ insurance rates as much as 20 percent, according to the Des Moines Register. Like many other states, Iowa homeowners are...
Fewer Storms in 2Q Amount to Big Losses for Insurers
Aug 20 2001 // Sometimes less does mean more. While there were fewer catastrophes for the second quarter of 2001 compared to recent years, the damage that those left in their wake was enough to send a number of insurers scrambling to...
Two More Named Storms Forecast for August
Aug 20 2001 // As the Atlantic hurricane season’s second named storm has faded into memory, hurricane forecaster William Gray predicts two more named storms in the Atlantic Ocean and Gulf of Mexico during the month of August. One...
Fewer Storms in 2Q Amount to Major Losses for Insurers
Jul 30 2001 // Sometimes less does mean more. While there were fewer catastrophes for the second quarter of 2001 compared to recent years, the damage that those left in their wake was enough to send a number of insurers scrambling to...
Storms Impact Ohio Casualty Profits
Jul 19 2001 // Losses from severe storms will cut into profits for Ohio Casualty Corp. for second-quarter earnings, increasing the loss the car, home and business insurer was slated to report for the quarter. Based in Fairfield, the...
Tropical Storm Allison Rains on Chubb Profits
Jul 11 2001 // The Chubb Corp. announced its second quarter profits would drop by more than 25 percent from last year, mainly due to losses from Tropical Storm Allison, which did much damage in Texas, Louisiana and other parts of the...
Flood Insurance Claims-Be the Calm After the Storm: Facts Every Agent and Consumer Needs to Know
Jun 25 2001 // After a community has experienced a flood, restoring homes and businesses can be a long and difficult process. While the cleanup process can seem overwhelming at best, a careful, orderly approach will help your insured...
RMS Releases New European Windstorm Models
Jun 22 2001 // Newark, California-based Risk Management Solutions has released “two comprehensive data products designed to quantify the risks associated with European windstorms.” The heavy losses, $14.4 billion ($7.8...
Missouri Ins. Dept. Sides with Homeowners Over Storm Damage Dispute
Jun 15 2001 // The Missouri Department of Insurance is supporting angry homeowners over a dispute with a number of insurance companies regarding replacing home siding which was damaged by hail during the state’s most damaging storm...
NRMA Weathers Management Storm – SP Affirms AA+ Rating
Jun 12 2001 // NRMA, Australia’s largest insurer, has apparently weathered the management shakeup which began last April and saw the departure of its chairman Nick Whitlam and its managing director Eric Dodd. Standard &...
Kansas Tornado Provides No Warning
Apr 24 2001 // Twenty-eight people were injured and 200 buildings were destroyed when a tornado hit Hoisington, Kansas, on April 21. The damage was six blocks wide and a mile long. A 69-year-old man was killed in his home when warning...
CGNU Profits Down Due To Storm Losses, Investments
Feb 27 2001 // As expected, CGNU, the U.K.’s largest insurer, announced a drop in operating profits for the year 2000 to £1.02 billion ($1.48 billion) between £200 and £400 million ($290 and $580 million) less...
U.K. Insurers’ Results To Reflect Rate Upturn, Storm Losses
Feb 26 2001 // Despite last week’s announcement by CGNU, the U.K. ‘s largest insurer, that net operating profit would be affected by damage claims from November’s storms, analysts expect Legal & General and Royal...
Storms Expected to Pall Insurer’s Results
Feb 23 2001 // CGNU is expected to report next Tuesday pre-tax operating profit of between 1.2 and 1.4 billion pounds, compared to a pro forma 1.534 billion pounds ($2.22 billion) last time. The group was created through the merger of...
