Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Florida in Danger, Warns Hurricane Fund Chief
Oct 3 2011 // Florida’s hurricane fund chief is warning that the state-created fund used to help insurers pay off claims after a big storm is in danger. The state has relied on a hurricane fund ever since Hurricane Andrew...
Hurricane Center Tracking Hurricane Hilary off Coast of Mexico; Atlantic Storms
Sep 27 2011 // The National Hurricane Center in Miami is currently tracking Hurricane Hilary in the Pacific Ocean off the west coast of Mexico and the Baja California Peninsula. The NHC’s latest bulletin, issued at 2:00 a.m. PDT,...
Marsh Advises Risk Managers As C-Suite Expectations Rise
Sep 22 2011 // Global insurance broker Marsh held a webcast on Sept. 21, where the firm’s analysts shared their views on the current business environment including the effects of Hurricane Irene and other catastrophes. The broker...
Florida Approves Use of Revised RMS Hurricane Model
Sep 22 2011 // A Florida state panel has approved the use of a new hurricane catastrophe model that is increasing many insurers’ exposure. The Florida Commission on Hurricane Loss Projection Methodology has approved the Risk...
Hurricane Center Tracking TS Ophelia; Poses No Immediate Threat
Sep 22 2011 // The National Hurricane Center in Miami is currently tracking the season’s latest named storm, Ophelia, the 15th of the current season. As of 5:00 a.m. AST it was about 1020 miles, 1640 kms, east-southeast of the...
Hurricane Maria Makes Landfall on Newfoundland; Now Post-Tropical
Sep 19 2011 // A report from catastrophe modeling firm AIR Worldwide notes that “Extratropical Storm Maria made landfall as a minimal Category 1 hurricane on Newfoundland’s Avalon Peninsula near Cape Pine on Friday afternoon...
Irene Raises Hurricane Deductible Questions in Northeast States
Sep 19 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
North Carolina Senate Panel Learns Hurricane Irene’s Costs
Sep 16 2011 // The state agency overseeing North Carolina’s response to Hurricane Irene estimates the price tag on helping individuals and governments recover from Hurricane Irene so far at about $125 million. The Division of...
AIR Lowers Insured Loss Estimates for Hurricane Irene in the Bahamas
Sep 16 2011 // Catastrophe modeling firm AIR Worldwide has revised its industry insured loss estimates for Hurricane Irene’s impact in the Bahamas to between $200 million and $400 million (previously $300 million to $700...
Allstate Reports $500M in Losses from Hurricane Irene
Sep 15 2011 // Allstate Corp. lost $500 million on Hurricane Irene, the largest publicly traded home and auto insurer in the United States said Thursday, much less than it lost from tornadoes earlier this year. In total, Allstate said...
Hurricane Center Tracking 3 Atlantic Storms: Katia, Maria and Nate
Sep 8 2011 // It’s a busy time of year for the National Hurricane Center in Miami. The NHC is currently following one hurricane – Katia, and two tropical storms – Maria and Nate. Katia is following the previously forecast...
White House Requests $5.2B in New Disaster Funds
Sep 7 2011 // The White House told Congress last week there’s a need for more than $5 billion in additional disaster relief money, not even counting the billions that probably will be called for to help East Coast states hit by...
North Carolina County Recovers From Trio of Disasters
Sep 7 2011 // Driving along the back roads of Bertie County, it’s hard sometimes to tell one disaster’s damage from another. That huge old tree, its limbs chopped and stacked after falling across a road, was definitely...
Irene Raises Hurricane Deductible Questions in Hard-Hit Northeast States
Sep 7 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
Hurricane Center Reports Katia Weakens; Tropical Depression 14 Forms
Sep 7 2011 // The 5:00 a.m. AST bulletin from the National Hurricane Center in Miami reported that Hurricane Katia has weakened somewhat. It is now a category one hurricane on the Saffir-Simpson wind scale with maximum sustained winds...
Connecticut Asks Insurers to Waive Storm Deductibles for Irene Damages
Sep 6 2011 // Connecticut is negotiating with several insurance companies to waive hurricane policy deductibles for coastal homeowners whose properties were damaged or destroyed by Tropical Storm Irene, Gov. Dannel P. Malloy...
Hurricane Katia Now Expected to Miss East Coast
Sep 6 2011 // Hurricane Katia powered up to a major Category 4 storm Monday, but was expected to veer away from the U.S. East Coast later this week, avoiding a direct hit on a seaboard already battered by Hurricane Irene. The U.S....
After Drenching New Orleans, Tropical Storm Lee Threatens Southeast
Sep 5 2011 // After testing New Orleans’ flood defenses over the weekend, Tropical Storm Lee moved northeast Monday after weakening to a tropical depression, and threatened to bring heavy rains and flooding to a large section of...
Legislative Changes Aim to Limit Texas Windstorm Lawsuits
Sep 5 2011 // Legislative changes to the operation of Texas’ primary property insurer in coastal areas that go into effect Sept. 28, 2011, include an increased focus on mediation and arbitration of disputed windstorm claims and a...
Fitch: Hurricane Irene Losses Manageable
Sep 2 2011 // Hurricane Irene, while inflicting severe economic damage, will come in far behind the most severe storms to strike United States in recent years, according to a new report by Fitch Ratings. At over $45 billion of insured...
