Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Lloyd’s America’s Baker: Time for action on climate change is now
Aug 6 2007 // For an insurer, understanding climate change is a matter of understanding trends in risk and changes in those trends. For Wendy Baker, president of Lloyd’s Amer-ica Inc., staying on top of those trends in the United...
News Currents
Aug 6 2007 // In Miss. primary, incumbent Dale faces Katrina, Scruggs and fellow Dems Hurricane Katrina has nearly knocked the wind out of George Dale’s reelection campaign for Mississippi insurance commissioner, a job he’s...
News Currents
Aug 6 2007 // Won’t go away from the water Survey finds one-third on coast will resist evacuation According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials...
Figures
Aug 6 2007 // $5 billion The amount Florida officials said they are considering borrowing to make sure the Hurricane Catastrophe Fund will have enough to pay claims in the event of a large hurricane. 50,000 The number of...
News Currents
Aug 6 2007 // Study: Wind coverage hard to find for Gulf Coast businesses As a key House committee voted to add wind coverage to the federal flood insurance program over insurers’ objections, a new study reported that many...
Putting Florida’s rate filing and reinsurance controversy in context
Aug 6 2007 // Currently underway in Florida is a controversy over the amount of private reinsurance homeowners insurers should purchase in addition to the now expanded $28 billion in reinsurance available from the Florida Hurricane...
Former National Hurricane Center Director Asks for Job Back
Aug 3 2007 // The ousted director of the National Hurricane Center has asked for his job back, saying his removal was improper. Lawyers for Bill Proenza wrote in an 11-page letter that the manner and timing of his removal in July was...
Fla. Gov.Suggests Property Insurers not Following Rate Savings Law
Aug 2 2007 // Gov. Charlie Crist suggested Tuesday that some property insurers may be deliberately flouting a new state law that requires them to buy cheaper reinsurance and pass the savings on to consumers. Crist said he was concerned...
Construction, Insurance Costs Eating Into Rental Repair Aid in La.
Aug 1 2007 // Rental housing programs for storm-damaged south Louisiana won’t rebuild as many rental units as state officials had hoped because of skyrocketing construction and insurance costs, a Louisiana Recovery Authority...
FEMA: La. Sees Drop in New Flood Policies
Jul 31 2007 // A large number of people who bought flood insurance after the devastating 2005 hurricane season have not renewed their policies, according to Federal Emergency Management Agency figures. About 100,000 new flood insurance...
RAND Study: Wind Insurance Scarce on Gulf Coast; Challenge for Both Insurers, Government
Jul 27 2007 // Many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance coverage since Hurricanes Katrina, Rita, and Wilma hit in 2005 and have often ended up paying more than twice as much for...
One-Third on Coast Will Resist Evacuation, Says Harvard Survey
Jul 26 2007 // According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials said they had to evacuate due to a major hurricane this season, they would not leave. This...
Va. Evacuation Plan Adds 300 Hurricane Gates to Highways
Jul 24 2007 // Nearly 300 new hurricane gates are being installed between Richmond and Norfolk to make it easier to evacuate people fleeing the Hampton Roads area in case of a major storm. The $5.8 million project will add the gates to...
U.S. Senate panel weighs funding for weather satellites
Jul 23 2007 // Cuts to planned weather and environmental satellites will significantly affect scientists’ ability to study the Earth’s climate, experts told a U.S. Senate committee. The Commerce, Science and Transportation...
Figures
Jul 23 2007 // $2.175 Billion U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from six catastrophes in 25 states — tying the...
News Currents
Jul 23 2007 // Wind insurance costly, scarce on Gulf Coast A study recently issued by the RAND Corporation recognizes what many businesses along the Gulf of Mexico coast have known for a couple of years now: They have had difficult time...
News Currents
Jul 23 2007 // U.S. Senate panel weighs funding for weather satellites Cuts to planned weather and environmental satellites will significantly affect scientists’ ability to study the Earth’s climate, experts told a U.S....
N.C. Provides Weather Radios for Sr. Citizens
Jul 19 2007 // Gov. Mike Easley announced that 164 senior centers in North Carolina will soon receive a National Oceanic and Atmospheric Administration radio to warn seniors and staff members of tornadoes, hurricanes and other...
Borrowing Money Likely Option for Florida Catastrophe Fund
Jul 18 2007 // Florida officials said Monday they are considering borrowing as much as $5 billion to make sure the Hurricane Catastrophe Fund will have enough to pay claims in the event of a large hurricane. The state Board of...
U.S. Senate Panel Weighs Funding for Weather Satellites
Jul 16 2007 // Cuts to planned weather and environmental satellites will significantly affect scientists’ ability to study the Earth’s climate, experts told a U.S. Senate committee last week. The Commerce, Science and...
