Latest Windstorm Headlines
All the headlines from our Windstorm Topic Page, ordered by recency.
Competitive Storm Brewing — What Spitzer’s Lawsuit May Mean to Us All
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Hurricane Spitzer to Take London by Storm
Nov 22 2004 // QUOTE:This will impact every underwriter in Lloyd’s and most in London, given the distribution chain they inhabit. There’s still some sense of disbelief here in London at the moment. Hurricane Spitzer seems to...
Competitive Storm Brewing — What Spitzer’s Lawsuit May Mean to Us All
Nov 22 2004 // Perhaps like you, I have been fascinated by the press coverage our industry has received lately–probably more individual stories in prominent newspapers than at any other point in the last 25 years, all thanks to the...
Ill. Gov Notes More Than $1 Million in Funding to Help Utica, Other Communities Rebuild from Tornadoes
Nov 1 2004 // In order to expedite Utica’s long-term economic recovery plans, Illinois Gov. Rod Blagojevich announced more than $1 million in funding recently that will help rebuild and enhance this and other communities...
TDI Schedules Texas Windstorm/Hail Conference
Oct 22 2004 // The recent experience of Florida, which is recovering from not one or two but four serious storms in a single hurricane season, has underscored the need for Texas officials to reevaluate the state´s potential risks due to...
Fla. CFO Requests Deadlines Be Set for Insurers to Handle Storm Claims
Oct 21 2004 // Florida’s Chief Financial Officer Tom Gallagher on Thursday asked state regulators to develop an emergency rule directing insurance companies to speed up their efforts to resolve hurricane claims, and setting...
AIG Unveils Q3 Numbers, Notes Storm Impact
Oct 21 2004 // American International Group Inc. (AIG) on Thursday reported third quarter 2004 net income of $2.51 billion or $0.95 per share, compared to $2.34 billion or $0.89 per share in the third quarter of 2003. Third quarter 2004...
President Authorizes Disaster Aid Following Va. Storms
Oct 19 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that President Bush has authorized the use of federal disaster funds for Virginia to help families and...
Fla. Begins Hurricane Victim Dispute Mediation Program Following Storms
Oct 12 2004 // Disgruntled storm victims dissatisfied with their insurers now have an option intended to expedite settlements and keep the disputes out of court — mediation, at the industry’s expense. About 2 million Floridians...
OHIO GETS HELP FOLLOWING STORMS:
Oct 11 2004 // The head of the U.S. Federal Emergency Management Agency announced that President Bush has ordered federal disaster aid to help families and businesses in eastern Ohio recover from the remnants of Hurricanes Frances and...
Storm Losses Lead Florida Regulators to Take Over American Superior
Oct 11 2004 // State regulators have placed American Superior Insurance Co. into receivership because it was overwhelmed by homeowners claims. The small company, with offices in Plantation, Fla., has about 60,000 policyholders. The state...
Federal Disaster Funds Ordered for Tenn. to Aid in State, Local Government Storm Recovery
Oct 8 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that federal disaster funds have been made available for Tennessee to help state and local governments...
Brit, Beazely and Kiln Estimate Storm Losses
Oct 4 2004 // Three leading Lloyd’s Market insurers, Brit Insurance Holdings PLC, Beazley Group PLC and Kiln PLC, have announced preliminary estimates of their losses from the recent hurricanes, which struck Florida and a number...
Fla. Debate: Will Storm Claims Lead to Higher Rates’
Sep 29 2004 // State and insurance industry officials agree that the quartet of storms that slammed into Florida will likely surpass Hurricane Andrew, the costliest natural disaster in U.S. history. Officials say the combined damage...
Ga. Commissioner Says Help Available for Storm-Damaged Areas; Insured Losses Estimated at $75 Million
Sep 24 2004 // Georgia Insurance and Safety Fire Commissioner John Oxendine has dispatched representatives from his Consumer Services Division to storm-damaged areas around the state to help victims of Hurricane Ivan with any insurance...
Federal Help Authorized for W.V. Storm Recovery
Sep 21 2004 // Federal disaster aid has been made available for West Virginia to help people in the northwestern part of the state recover from the effects of torrential rains that struck the area late last week, according to the head of...
AIR Releases 2004 U.S. Storm, Terrorism Models
Sep 20 2004 // AIR Worldwide Corp. announced the release of its 2004 U.S. hurricane, earthquake, severe thunderstorm and terrorism models. The updated models reflect the latest scientific and engineering research into these perils, as...
Ohio Gets Help Following Storms
Sep 20 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that President Bush has ordered federal disaster aid to help families and businesses in eastern Ohio recover...
SBA Economic Injury Loans Help W. Va. Businesses Following Storms
Sep 14 2004 // The U.S. Small Business Administration announced that low-interest loans to replenish working capital are available to West Virginia small businesses impacted by the July storms and subsequent federal disaster...
EQECAT Says Ivan Landfall Would Be a ‘1 in 50 Year’ Series of Storm Events
Sep 10 2004 // It may come as small comfort to Florida’s storm-battered residents, but Thomas Larsen, senior vice president of EQECAT Inc., the Oakland Calif.-based catastrophe modeling specialist, announced that a Florida landfall...
