Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Atlantic Hurricane Forecast Revised
Aug 4 2011 // Federal storm watchers issued an updated 2011 Atlantic hurricane season outlook today, raising the number of expected named storms from its pre-season outlook issued in May. Forecasters at the National Oceanic and...
CCRIF Builds Regional Capacity for Storm Impact Forecasting
Aug 4 2011 // The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has been gearing up to face the 2011 Atlantic Hurricane Season by “providing assistance to Caribbean nations to prepare for the tropical cyclones that are...
Tropical Storm Emily Heading for Puerto Rico, Hispaniola
Aug 3 2011 // Tropical Storm Emily was expected to bring heavy rain Tuesday to Puerto Rico after crossing the northeast Caribbean Sea on a track that would take it near Haiti within 24 hours. The storm was expected to bring up to 4...
Insurer Group Taking Hurricane Tour of Texas
Aug 2 2011 // The Insurance Council of Texas (ICT) will take its message of preparing for a hurricane down the Texas coast for its annual media tour in late August. The ICT team will consist of company personnel, insurance agents,...
Hurricane Recovery Jobs Remain in Louisiana as Funding Drops
Aug 1 2011 // Louisiana is winding down its hurricane recovery programs, but Gov. Bobby Jindal’s administration hasn’t cut much of the staff assigned to the work, even as other agencies across state government have faced...
Forecasts for 2011 Atlantic Hurricane Season Largely Unchanged
Jul 28 2011 // Forecasters at Weather Services International stuck with their earlier prediction that the 2011 Atlantic hurricane season would bring 15 tropical storms, with eight of those growing into hurricanes. Four of those were...
Post-Loss Assignments of Claims Under Insurance Policies in Louisiana
Jul 27 2011 // In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed...
Florida Consumer Chief Backs Double-Digit Hikes for Allstate
Jul 22 2011 // Florida’s consumer advocate says Allstate’s two Florida home insurers are among the state’s best run and deserve double-digit rate increases along the lines they have requested. The Allstate units, Castle...
Post-Loss Assignments of Claims Under Insurance Policies
Jul 18 2011 // In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed...
Analysis: Reinsurers at Risk If Hurricane Season Is Big
Jul 18 2011 // A major hurricane landfall in Florida could strain leading global reinsurers that have already been buffeted by brutal tornadoes in the United States and earthquakes in Japan and New Zealand. The biggest reinsurers,...
Hurricanes Could Alter Insurance Markets
Jul 18 2011 // Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of...
Willis’ ILS Report Sees Increased Investor Interest in Cat Bonds
Jul 14 2011 // A new report from Willis ILS – Investors Eager for Cat Bonds Following Light Second Quarter Issuance – concludes that, despite, or perhaps due to the catastrophes experienced during the first quarter of 2011,...
U.S. Hurricane Season Could Be Market Tipping Point: Marsh
Jul 11 2011 // Reacting to the recent spate of major natural catastrophes, insurers are being more selective in the capital they deploy and have in some cases withdrawn from catastrophe affected regions and loss-making sectors of...
Florida Officials Fret Over Home Insurance Assessments
Jul 4 2011 // Two weeks into a new hurricane season, Florida officials are continuing to express their concerns over possible policyholder assessments by Citizens Property Insurance despite the relative financial strength of the...
Analysis: Reinsurers at Risk If Hurricane Season Is Big
Jul 1 2011 // A major hurricane landfall in Florida could strain leading global reinsurers that have already been buffeted by brutal tornadoes in the United States and earthquakes in Japan and New Zealand. The biggest reinsurers,...
TS Arlene Lashes Central Mexico with Heavy Rains
Jun 30 2011 // Large swathes of central Mexico were hit by torrential rains as Arlene, the first tropical storm of the Atlantic hurricane season, touched down near coastal sand barrier Cabo Rojo Thursday. Mexican officials advised...
Eqecat Set to Release 3 Revised Catastrophe Models
Jun 29 2011 // Catastrophe risk modeler Eqecat has scheduled July 15 as the date to release three significant revisions to its Worldcatenterprise 3.16 platform. The updates cover Eqecat’s North Atlantic hurricane model, its Canada...
Analysts Debate Outlook for Reinsurance Stocks
Jun 23 2011 // With reinsurance stocks trading below book value, equity analysts basically agree on the factors affecting these stocks but differ on their outlook on the sector. Property/casualty insurance analysts Meyer Shields, analyst...
Florida Agents’ Leader Grady Cites Progress, Disappointments on Reform
Jun 23 2011 // For those in the industry, Florida’s recent legislative session was a long march as they tried to navigate through a process that initially promised much in the form of a new governor and strong pro-business...
Hurricane Beatriz Hits Mexico’s Pacific Coast
Jun 21 2011 // Hurricane Beatriz bore down on Mexico’s Pacific coast Tuesday, putting tourist areas and major ports on alert for heavy rainfall and flash floods, the U.S. National Hurricane Center said. The eye of the hurricane was...
