Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Much Anticipated Windstorm Insurance Debate Begins in Texas
Apr 9 2009 // Texas legislators finally have jumped into debate over how to improve the troubled windstorm insurance system that serves as a last resort for hurricane protection along much of the Gulf Coast. The House Insurance...
Florida Lawmaker Chides Lobbyist during Committee
Apr 8 2009 // A hurricane insurance bill that would help Florida reduce its multibillion-dollar exposure in the state’s tenuous insurance market moved through a Senate committee Monday — with sparks flying. The Senate...
U.S. Forecaster Lowers Atlantic Hurricane Prediction
Apr 7 2009 // Citing cooler seas and the prospect of a weak El Nino, Colorado State University’s hurricane team lowered its 2009 Atlantic forecast Tuesday to 12 tropical storms, of which six could become hurricanes. The research...
Cat 5 Litigation in the Forecast?
Apr 6 2009 // As 2008 Hurricane Claims Enter Court and New Season Approaches, Katrina Issues Linger The 2008 hurricane season was the sixth most active tropical storm season recorded since data collection began in 1851. Six storms made...
Florida Senate Postpones Vote on Catastrophe Funding Bill
Apr 2 2009 // A Senate committee searching for ways to improve Florida’s shaky property insurance situation and lower the state’s risk recommended borrowing money from the state retirement system to obtain some short-term...
EU Contributes $17 Million to Caribbean Cat Risk Insurance Facility
Mar 26 2009 // The European Union has joined the Caribbean Catastrophe Risk Insurance Facility’s (CCRIF) 16 member governments – Canada, the World Bank, the United Kingdom, Bermuda, Ireland, France and the Caribbean...
Sen. Nelson Seeks U.S.Help on Florida Hurricane Losses
Mar 25 2009 // U.S. Sen. Bill Nelson has asked the U.S. Treasury to provide assurances to private market lenders that any loans they make in Florida would be repaid at fair market interest in the event of a catastrophe. Nelson, however,...
Obama’s Grabs Florida’s Fugate to Head FEMA
Mar 23 2009 // Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local...
Sink-ing Feeling: Florida Still Searching for Fix for Hurricane Exposure
Mar 23 2009 // Florida lawmakers need to make some smart decisions on reducing the risk to Florida property owners from hurricanes, the state’s chief financial officer said. In a letter to legislative leaders, CFO Alex Sink said...
The Paradox of Flood Insurance Coverage
Mar 17 2009 // Whether you are an attorney, an insurance agent, adjuster or broker, or an individual insured, when dealing with claims under flood insurance policies, you may be surprised to discover that many things you think you know...
As Hurricane Season Nears, Florida Still Facing Large Exposure
Mar 16 2009 // Florida lawmakers need to make some smart decisions on reducing the risk for Florida property owners from hurricane damage, the state’s chief financial officer said Thursday. In a letter to key legislative leaders,...
Obama’s FEMA Director Brings Hurricane Experience from Florida
Mar 16 2009 // Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local...
Florida CFO Sink: 4 Steps to Reduce State’s Hurricane Exposure
Mar 12 2009 // Citing the high level of catastrophic risk exposure Florida faces, Chief Financial Officer Alex Sink today suggested guidelines for the Legislature to follow in working to reduce the state’s hurricane risk. CFO Sink...
Florida Officials Searching For Ways to Back Up Hurricane Fund
Mar 12 2009 // The state board that oversees the fund designed to pay homeowner claims in the event of a catastrophic hurricane searched this week for ways to reduce its risk with hurricane season only months away. The Board of...
Texas Legislators Want to Modify Catastrophe Response After Ike
Mar 10 2009 // Nursing homes were left without electricity and medical evacuees flooded hospitals during Hurricane Ike, but more than a dozen bills pending in the Texas Legislature could help change the way state agencies and facilities...
Florida Governor’s Insurance ‘Plan’ Is Dangerous and Expensive
Mar 9 2009 // The Florida property insurance market today reminds me of the old cartoon with the insurance pitch: “Here’s a nice little policy with a real low premium if you promise never to have any claims.” When the...
The Flood Insurance Coverage Paradox
Mar 9 2009 // You May Not Know What You Think You Know About Flood Insurance Claims When dealing with claims under flood insurance policies, you may be surprised that many things you think you know are wrong, and, particularly for...
Willis: Increase in Capacity, Downturn in Energy Sector Tempers Hardening Market
Mar 3 2009 // With capacity levels up at the start of 2009, the energy insurance market remains relatively stable — says a new industry report — despite insurers seeking rate increases and the energy industry trying to...
Homeland Chief Orders Gulf Coast Hurricane Recovery Review
Feb 26 2009 // In one of her first moves as Homeland Security secretary, Janet Napolitano has ordered a fresh review of hurricane recovery efforts in the gulf coast 31/2 years after two killer hurricanes swept ashore. In testimony...
Returning Florida Lawmakers’ Agenda Includes Property Insurance Woes
Feb 23 2009 // Florida Gov. Charlie Crist’s political mantra has been to hold down property insurance rates, taxes and almost anything else costly for people he wants voting for him next year. Whether Crist seeks re-election or Mel...
