Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
RenRe Hosts Hurricane Risk Mitigation Leadership Forum
Jun 20 2008 // Bermuda’s RenaissanceRe Holdings Ltd. marked the start of the 2008 hurricane season by holding a seminar, the first ever “Hurricane Risk Mitigation Leadership Forum”, which announced some key findings on...
McCain, GOP Governors Split Over Disaster Fund
Jun 19 2008 // A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a handful of GOP governors —...
Harris County Leads Texas in Number of Tornadoes
Jun 19 2008 // Harris County has had almost twice as many tornadoes reported than any other county in the state according to a recent survey conducted by the Insurance Council of Texas (ICT). Despite its location south of what is...
Insured Property Value in Hurricane-Prone States to Double in 10 Years
Jun 17 2008 // In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide...
Florida Task Force Issues Final Report on Citizens’ Claims Handling
Jun 16 2008 // The Task Force on Citizens Property Insurance Claims Handling and Resolution, created during the 2007 Legislative Special Session, issued its third and final report. In addition to the June 11 submission, the task force...
Hurricane Forecasts Have Limited Value
Jun 16 2008 // They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to...
Hurricane Forecasts Have Limited Value for Planners, Insurers
Jun 16 2008 // They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to...
Declarations
Jun 16 2008 // Asbestos Ruling “We hold that the Act cannot constitutionally be so applied and return the cases to the trial court for consistent proceedings.” —The Florida Fourth District Court of Appeal ruled, stating...
Hurricane Forecasts Have Limited Value
Jun 16 2008 // They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to...
Weather Is a Big Deal in South Central States
Jun 16 2008 // Well before the June 1 start of hurricane season claims costs from weather related damages were on a steady climb across the South Central states of Arkansas, Oklahoma, Texas and Louisiana. Late May, early June hailstorms...
Good Time to Lock in Property Insurance Pricing, Advise Brokers
Jun 16 2008 // Science and technology are converging with risk management to help insurers negotiate the current hurricane season such that it’s now possible to use short-term hurricane forecasts — as few as 10 days out...
North Carolina Holds its Largest Hurricane Evacuation Exercise
Jun 13 2008 // Lenoir Community College in Kinston hosted North Carolina’s largest hurricane evacuation exercise this year. The eastern North Carolina town suffered through hurricanes Fran and Floyd in the 1990s. The exercise,...
Louisiana House OKs Bill on Regional Storm Deductibles
Jun 12 2008 // Insurance companies should be allowed to adjust their so-called “named storm” deductibles on homeowner policies, depending on properties’ distance from the hurricane-prone Gulf of Mexico, according to a...
RMS To Offer Catastrophe Updates Online
Jun 12 2008 // Newark, Calif.-based Risk Management Solutions (RMS) has launched an initiative to keep businesses informed of the impact of catastrophic events by making its expert analysis publicly available on its Web site. The RMS Cat...
Florida Extends 1% Hurricane Surcharge Until 2014
Jun 11 2008 // The Florida Cabinet voted to extend a 1 percent insurance policy surcharge to cover hurricane claims that began in 2007 for two additional years through 2014. The assessment covers outstanding claims that originated during...
South Carolina Safety Department Conducts Hurricane Evacuation Drill
Jun 5 2008 // South Carolina public safety officials planned a hurricane evacuation simulation as the state prepares for this year’s hurricane season. Public Safety spokesman Sid Gaulden said law enforcement personnel and traffic...
FEMA Draft Plan Revisits Use of Trailers for Disaster Victims
Jun 4 2008 // The government may house disaster victims in trailers this hurricane season as a last resort, despite promises never to use them again because of high levels of formaldehyde found in trailers used after the Katrina...
Colorado Researchers Predict 8 Atlantic Hurricanes, 4 Major
Jun 4 2008 // Weather researcher William Gray’s team is calling for eight hurricanes in the Atlantic this year, four of them major. The forecast calls for a very active season, with 15 named storms. The revised outlook from the...
RMS Launches New U.S. Hurricane Loss Index
Jun 3 2008 // Catastrophe risk modeling firm Risk Management Solutions (RMS) has launched a new index for assessing insured industry losses from U.S. hurricanes. Named the Paradex U.S. Hurricane, it combines actual wind speeds at...
After 3-Year Lull, Mississippi, Alabama Gird for New Hurricane Season
Jun 2 2008 // After Hurricane Katrina struck the upper Gulf Coast in 2005, even grizzled storm veterans became edgy when the opening of hurricane season rolled around. Blue tarps covering Katrina-damaged homes are far fewer now, but as...
