Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Louisiana Commissioner Asks State Farm to Offer Lower Hurricane Deductible
Jul 17 2014 // Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance...
New Orleans’ Mayor During Hurricane Katrina Gets 10-Year Sentence for Fraud
Jul 11 2014 // Former New Orleans Mayor Ray Nagin entered City Hall as a cool and confident self-styled reformer, won fame there as a passionate, if profane, critic of the federal response to Hurricane Katrina and exited under...
Pinpointing Hurricane Risk Home by Home
Jul 10 2014 // This post is part of a series sponsored by CoreLogic. Analysis Shows More Than 6.5 Million U.S. Homes Valued at Nearly $1.5 Trillion at Risk of Hurricane Storm Surge Damage This year, we’re ushering in the 2014...
State Farm Increases Hurricane Deductible in Louisiana to 5%
Jul 10 2014 // One month into the hurricane season, State Farm’s 308,000 Louisiana homeowner’s customers are confronting an unpleasant change: their policies now include a mandatory 5 percent hurricane deductible. State Farm...
6.5 Million Homes from Maine to Texas at Risk for Storm Surge: CoreLogic
Jul 10 2014 // More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is...
Florida Sends ‘Hurricane Tax’ to Early Retirement
Jul 7 2014 // A 1.3 percent surcharge on most property/casualty policies in Florida to help pay for past hurricane claims is coming to an end earlier than originally planned. The Florida Cabinet voted recently to end the assessment on...
Official: Massachusetts Life Returns to Normal After Hurricane Arthur
Jul 6 2014 // Massachusetts state emergency officials say life is returning to normal after Hurricane Arthur dumped surprising amounts of rain and unleashed strong winds in parts of Massachusetts. Massachusetts Emergency Management...
Arthur Damage Assessments Underway in North Carolina
Jul 6 2014 // Hurricane Arthur made landfall before midnight on July 3 near Cape Lookout, North Carolina, as a Category 2 hurricane. Maximum sustained winds at landfall were 100 mph, according to the National Hurricane Center. State...
Hurricane Arthur Prompts North Carolina Coast Evacuations, East Coast Flood Watches
Jul 3 2014 // Hurricane Arthur gained strength as it bore down on North Carolina’s Outer Banks, where some residents and visitors were ordered to evacuate as the Atlantic’s first storm of the season moved north. Arthur was...
Forecast Update: North Carolina on Watch for Hurricane Arthur
Jul 2 2014 // Tropical Storm Arthur is forecast to strengthen into a hurricane within two days and threaten North Carolina’s Outer Banks, where tourists are visiting for the Fourth of July holiday, while also adding to heavy rain...
Tropical Depression Could Grow Into North Carolina Hurricane Arthur
Jul 1 2014 // A tropical depression off the coast of Florida is forecast to grow into Hurricane Arthur and strike North Carolina’s Outer Banks during the Fourth of July holiday. The storm was stationary 95 miles (153 kilometers)...
Louisiana Parish Sets Up Hurricane Re-Entry System for Businesses
Jun 23 2014 // Terrebonne Parish in Louisiana has a new emergency re-entry process for companies attempting to reopen after a mandatory hurricane evacuation. The Courier reported placards would replace company picture ID badges and would...
Massachusetts FAIR Plan Mulls Appeal of Commissioner’s Rate Decision
Jun 20 2014 // The Massachusetts Property Insurance Underwriting Association (“FAIR Plan”) said its board of directors will meet next week to decide whether to file an appeal to challenge Insurance Commissioner Joseph G....
Florida ‘Hurricane Tax’ Sent to Early Retirement
Jun 19 2014 // A1.3 percent surcharge on most property/casualty policies in Florida to help pay for past hurricane claims is coming to an end earlier than originally planned. The Florida Cabinet voted this week to end the assessment on...
Cat Bond Buyers Listening to Storm Forecasters, Not Buffett
Jun 16 2014 // Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields being suppressed by central banks. Demand for notes linked to insurance against hurricanes and other natural disasters is...
TWIA Financials Improved as Hurricane Season Starts
Jun 16 2014 // Low catastrophe activity and claims experience so far this year have helped to put Texas’ insurer of last resort for properties along the Gulf Coast in a better position to face the 2014 hurricane season than it has...
Hurricane Forecasts Good News for Already-Stable P/C Insurers: Fitch
Jun 12 2014 // Early forecasts for the 2014 hurricane season indicate that moderate El Nino conditions are likely to persist throughout the year, which could inhibit tropical storm formation in the North Atlantic basin. This could also...
Female-Named Hurricanes More Deadly But Less Feared
Jun 5 2014 // Which scares you more: Hurricane Victor or Hurricane Victoria? People are slightly less likely to flee an oncoming storm with a feminine name than a masculine one, a new study finds. But here is Victoria’s secret:...
Texas Windstorm Insurer’s Financial Outlook Improved as Hurricane Season Starts
Jun 3 2014 // Low catastrophe activity and claims experience so far this year have helped to put Texas’ insurer of last resort for properties along the Gulf Coast in a better position to face the 2014 hurricane season than it has...
Rhode Island Officials Remind Residents to Be Prepared for Hurricane Season
Jun 3 2014 // Rhode Island officials are urging residents to prepare for hurricane season. Gov. Lincoln Chafee says three to six hurricanes are expected to affect the Atlantic Coast this year and that people should take steps to be...
