Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Alabama Governor Tackles Tornado Recovery, Home Insurance Options
Jun 20 2011 // Anyone with a suggestion or complaint about Alabama’s recovery from the deadly tornadoes in April should know that the buck stops with the governor. Gov. Robert Bentley said he’s not looking to the Federal...
Hurricane Season Could Bring Rate Relief
Jun 20 2011 // Property and casualty insurers craving respite from a long-running drop in prices eyed the start of the U.S. hurricane season on June 1 in the hope that summer windstorms will finally turn the market. The June 1 to Nov. 30...
Florida Approves RMS Hurricane Model
Jun 20 2011 // Florida’s residential property insurance market is bracing for even more volatility after the state’s modeling commission approved the use of the new Risk Management Services (RMS) catastrophe model. The...
Homeowners Insurance Assessments Haunt Florida’s Citizens, Officials
Jun 17 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...
P/C Insurance Industry Wins, Loses in Scott’s First Session
Jun 10 2011 // It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter...
Active Hurricane Season Ups Risk for Mid-Atlantic
Jun 9 2011 // As weather forecasters predict an above-normal number of hurricanes this season, chances also increase that one of the storms will hit the mid-Atlantic states. The News Journal of Wilmington (Delaware) reports that the...
Adrian is First Hurricane of 2011 Pacific Season
Jun 9 2011 // Tropical Storm Adrian strengthened to a hurricane off Mexico’s Pacific coast, becoming the first hurricane of the 2011 Pacific season, the U.S. National Hurricane Center said. Mexico’s government issued a storm...
Will New Legislation Help Florida’s Property Insurance Market?
Jun 7 2011 // Florida hasn’t been hit by a hurricane since the disastrous years of 2004 and 2005, but the state’s property insurance companies say they are still losing money despite collecting billions in premiums. That has...
Florida Commission Approves RMS Hurricane Model
Jun 7 2011 // Florida’s residential property insurance market is bracing for even more volatility after the state’s modeling commission approved the use of the new Risk Management Services (RMS) catastrophe model. The...
Risky Decisions
Jun 6 2011 // The percentage of homes covered by typical residential property policies varies by region. All the devastation from natural disasters that have occurred across the nation in recent months illuminates the fact that many,...
Hurricane Season Could Bring Rate Relief
Jun 6 2011 // Property and casualty insurers craving respite from a long-running drop in prices eyed the start of the U.S. hurricane season on June 1 in the hope that summer windstorms will finally turn the market. The June 1 to Nov. 30...
Mississippi Senator Seeks Water-Wind Formula
Jun 6 2011 // A U.S. senator from Mississippi is introducing a bill that tries to resolve wind-versus-water insurance disputes for structures wiped out by hurricanes. Republican Roger Wicker said that his bill would establish a formula...
What’s In Florida’s Property Insurance Cost Control Bill?
Jun 6 2011 // Florida Gov. Rick Scott signed into law legislation that promises to lower costs for the state’s property insurers, including what they pay on sinkhole claims. Scott said the bill (SB 408) “strengthens...
How Florida’s Agents Fared in Tallahassee
Jun 6 2011 // FAIA President Jeff Grady on Property Insurance Reform, Effects of RMS Model, Citizens For those in the industry, Florida’s recent legislative session was a long march as they tried to navigate through a process that...
Hurricanes and Floods
Jun 6 2011 // In light of the hurricane season that began June 1 and ongoing Mississippi and Atchafalaya flooding, Louisiana Insurance Commissioner Jim Donelon is imploring consumers to protect themselves and their property against...
Florida Braces as RMS Model Makes Landfall
Jun 6 2011 // Storm Model Hits Inland Territories; Could Alter Property Insurance Political Landscape Florida’s history with hurricanes has created a series of assumptions long treated as facts, none of which is more quoted than...
Risky Decisions
Jun 6 2011 // All the devastation from natural disasters that have occurred across the nation in recent months illuminates the fact that many, many homes across the United States are either uninsured or underinsured. Violent weather and...
Virginia Regulators Urge Homeowners to Check Coverage
Jun 3 2011 // Virginia regulators are urging homeowners to review their insurance policies with the start of hurricane season this week. The State Corporation Commission, which regulates insurers, said that some companies automatically...
Hawaii Gov. Authorizes Raid of Hurricane Relief Fund
Jun 1 2011 // Hawaii Gov. Neil Abercrombie has signed legislation appropriating $42 million from the state’s Hurricane Reserve Trust Fund to the General Fund to help balance the state budget for fiscal year 2011, which ends June...
Senate Bill Would Set Wind-Vs.-Water Insurance Claim Formula
May 31 2011 // A U.S. senator from Mississippi is introducing a bill that tries to resolve wind-versus-water insurance disputes for structures wiped out by hurricanes. Republican Roger Wicker said that his bill would establish a formula...
