Latest Windstorm Headlines
All the headlines from our Windstorm Topic Page, ordered by recency.
Texas Windstorm Insurance Association Seeks Solutions
Aug 31 2006 // With an ever-increasing number of policyholders, the Texas Windstorm Insurance Association is considerably under-funded in the event a major hurricane makes landfall in Galveston or Corpus Christi, according to Jerry...
Texas Agents’ Group Testifies Before Committee on Windstorm Coverage
Aug 31 2006 // Independent Insurance Agents of Texas announced it has proposed a set of guiding principles before the Texas Legislature’s Joint Committee on Windstorm Coverage and Budget Impact during a public hearing in Corpus...
In Advance of Windstorm Hearing, AIA Provides Input for Texas Legislators
Aug 29 2006 // The American Insurance Association (AIA) announced it has submitted information regarding residual insurance markets and natural catastrophes to the Texas Joint Committee on Windstorm Coverage and Budgetary Impact for its...
Texas Agent Group Urges Lawmakers to Address Windstorm Problems
Aug 29 2006 // At its Board of Directors meeting in Austin on Aug. 25 and 26, the Texas Insurance Professionals (PIA Texas) discussed the current situation facing the Texas insurance market as it relates to the Texas Windstorm Insurance...
UPDATE 1: Hurricane Ernesto Menaces Haiti, Cuba; Florida in Storm’s Path
Aug 27 2006 // As of 11:00 am EDT, when the National Hurricane Center in Miami issued its latest bulletin, Tropical Storm Ernesto had become a Category 1 hurricane, the first of the current season. The hurricane’s center was...
Tornadoes Hit Northern Ind., Minn., Causing Damage and One Death
Aug 25 2006 // Severe thunderstorms and tornadoes swept off Lake Michigan Wednesday evening, downing trees and power lines and causing some injuries in Indiana and killing one resident in Minnesota. In LaPorte County, Ind., 911 Assistant...
Debby is Season’s 4th Named Storm
Aug 23 2006 // Tropical Depression 4 has strengthened into Tropical Storm Debby, the fourth named storm of the current season. According to the most recent bulletin from Miami’s National Hurricane Center, “maximum sustained...
Hearing Set for Texas Windstorm Pool Reinsurance Request
Aug 18 2006 // The Texas Department of Insurance has scheduled a public hearing for Aug. 22, 2006, at 10:00 a.m., for Docket No. 2643: Consideration of a petition by the Texas Windstorm Insurance Association (TWIA) requesting approval of...
N.C. Appellate Court Sides with Insurer in Denying Pre-Storm Coverage
Aug 17 2006 // An insurance company legally denied coverage to a business seeking to renew its policy in the days before Hurricane Isabel struck North Carolina, the state’s Court of Appeals ruled Aug. 15. HPB Enterprises, the owner...
China Evacuates 433,000 Before Storm
Aug 10 2006 // More than 433,000 people have been evacuated from parts of China’s southeastern coast that are due to be hit by Typhoon Saomai, a government news agency reported Thursday Saomai was expected to hit the mainland on...
Cyber storms
Aug 7 2006 // As reports of computer security breaches proliferate–such as the federal government’s snafu that put millions of veterans at risk for identity theft–the public is losing confidence in the digital...
Editor’s Note: Cyber storms
Aug 7 2006 // As reports of computer security breaches proliferate—such as the federal government’s snafu that put millions of veterans at risk for identity theft—the public is losing confidence in the digital...
Hannover Re $150 Million Cat Bond Covers European Windstorm Risks
Aug 1 2006 // Germany’s Hannover Re announced that Eurus Ltd., a special purpose vehicle, has issued a CAT bond with a volume of $150 million, giving the reinsurer windstorm protection with immediate effect for a term of...
Hail Storm Keeps Mt. Washington’s ‘Crashbuster’ Van Totally Busy
Jul 25 2006 // “It was like Armageddon,” independent agent Pam Sakowski says of the hailstorm that hammered Exeter, New Hampshire, on July 11. Sakowski, who owns the Ray F. MacDonald Agency in Durham, was visiting her friends...
Storm Recovery Slow for Southern China’s Rural Communities
Jul 24 2006 // China’s premier has urged local officials to redouble efforts in caring for victims of Tropical Storm Bilis, state media reported Sunday, underscoring concerns about lapses in responding to the storm that killed more...
HIGHER WINDSTORM RATES
Jul 24 2006 // Although many in the insurance industry don’t think they are going up enough, the Texas Windstorm Insurance Association (www.twia.org) is set to raise its rates effective Sept. 1 for new and renewal policies....
Coastal communities only halfway ready for a major storm
Jul 24 2006 // Survey finds Louisiana, Mississippi, Alabama and Georgia most prepared Average insured homeowners throughout Gulf and Atlantic coastal communities have taken just half the steps which would best position them to recover...
N.D Poolman Says Storm Damage Estimated at $2 Million
Jul 21 2006 // Damage from a storm in Coleharbor, N.D. has been estimated at just under $2 million, state Insurance Commissioner Jim Poolman says. Officials believe straight-line winds of about 100 mph likely caused the damage on July...
Tropical Storm Beryl Warning Continues for SE Mass.; Storm Watch Issued for Long Island
Jul 20 2006 // A tropical storm warning remains in effect as of 2 p.m. for southeastern Massachusetts from Plymouth to Woods Hole including Cape Cod and the islands of Nantucket and Martha’s Vineyard. The National Hurricane Center...
Tropical Storm Beryl Headed Toward Cape Lookout, N.C.
Jul 18 2006 // Tropical Storm Beryl was moving slowly to the north and was not intensifying at 11 p.m. est, according to the National Hurricane Center. Initial intensity has kept from 35 to 40 mph, however NHC predicted a chance of some...
