Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Businesses, Charities Call for End to Florida’s ‘Hurricane Tax’
Feb 7 2011 // A coalition of Florida charitable and business groups is pressing the state to eliminate assessments charged all policyholders to subsidize the state-backed insurance provider and hurricane claims fund. In a letter to Gov....
Geographer Recreates ‘The Great Louisiana Hurricane of 1812’
Feb 3 2011 // Nearly 200 years before Hurricane Katrina, a major storm hit the coast of Louisiana just west of New Orleans. Because the War of 1812 was simultaneously raging, the hurricane’s strength, direction and other...
Texas Insurance Commissioner Geeslin to Step Down
Jan 24 2011 // Texas Insurance Commissioner Mike Geeslin announced in early January that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Commissioner Geeslin has been with TDI for...
Florida Charities, Businesses Call for End to Hurricane Premium Taxes
Jan 20 2011 // A coalition of Florida charitable and business groups is pressing the state to eliminate assessments charged all policyholders to subsidize the state-backed insurance provider and hurricane claims fund. In a letter to Gov....
Study Says Climate Change Link in Hurricane Losses Decades Away
Jan 13 2011 // Tropical cyclones are expected to cause more damage in the United States and Asia but it could be more than a century before insurers can point to climate change as a factor in losses from storms, scientists say. In a...
Lawsuit Seeks to Halt New Orleans Levee Work
Jan 13 2011 // A lawsuit is threatening to slow down or even halt work to strengthen a New Orleans canal that broke catastrophically during Hurricane Katrina. Homeowners with backyards along the 17th Street Canal filed a civil suit in...
Federal Audit Rips Spending for Texas’ Hurricane Ike Cleanup
Jan 10 2011 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...
Southeast Texas County Defends Hurricane Ike Spending
Jan 5 2011 // Chambers County officials are defending their spending of tens of millions of federal dollars for cleanup from Hurricane Ike after a federal audit questioned whether the money was properly used in the Southeast Texas...
Texas Insurance Commissioner Geeslin to Step Down
Jan 5 2011 // Texas Insurance Commissioner Mike Geeslin has announced that he will not seek another term as head of the Texas Department of Insurance. His term ends Feb. 1, 2011. Geeslin has been with TDI for eight years, and has served...
Federal Audit Rips Spending for Texas Hurricane Cleanup
Dec 31 2010 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...
Chartis Obtains $450 Million Cat Bond with Lodestone Re
Dec 28 2010 // Chartis announced that it has entered into a reinsurance transaction with Lodestone Re, which will provide $450 million of protection to Chartis against U.S. hurricanes and earthquakes. “This represents a substantial...
Southeast’s Top Stories: Disasters That Happened and 1 That Didn’t
Dec 23 2010 // The top insurance stories in the Southeast in 2010 included several disasters that caused considerable death and destruction in the region and one that didn’t do as much harm as feared. The April 20 blowout of...
Catastrophes Top 2010 List of Major Global Insurance Events
Dec 23 2010 // Natural and man-made catastrophes topped the list of the most significant events in 2010, with three major earthquakes, a near record number of hurricanes, some serious typhoons and windstorms, a volcanic eruption and a...
2 Years After Ike Texas Coastal Residents Still Filing Claims
Dec 22 2010 // Windstorm claims from Hurricane Ike continue to be reported more than two years after the storm made landfall. The Texas Windstorm Insurance Association (TWIA) continues to average receiving at least one new claim every...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 20 2010 // Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of certain cars have more risk? What about the most attractive insurance job in the industry? These are...
Aon Benfield Releases Annual Cat Report; Insured Losses at $38 Billion
Dec 17 2010 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has released its Annual Global Climate and Catastrophe Report, which reviews the natural disaster perils that occurred worldwide...
Aon Benfield Cat Report for November Highlights Cold and Floods
Dec 6 2010 // In its latest monthly assessment of the world’s catastrophes for November Aon Benfield highlights the first winter weather event of the season across Europe with “notable affects.” the report, published...
North Carolina Escapes Storms; Will It Escape Florida’s Insurance Woes?
Dec 5 2010 // Earlier in 2010, Colorado State’s Tropical Meteorology Project forecasted eight hurricanes to emerge from 15 named tropical storms in the Atlantic basin. Of those, four were forecasted to become major hurricanes. On...
Louisiana Citizens Sheds Homeowners Policies
Dec 5 2010 // Louisiana Citizens Property Insurance Corp. (Citizens) has held a fourth depopulation offering in which 13,500 policies have been assumed by the private insurance market, according to state Insurance Commissioner Jim...
