Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Hurricane Forecaster Changes Formula, Predicts Active 2008 Season
Dec 10 2007 // Using a simplified forecasting technique, researcher William Gray is predicting an above-average hurricane season in the Atlantic next year, with seven hurricanes, three of them major. Gray’s team at Colorado State...
RMS Estimates High Level of Hurricane Activity for 2008-2012
Dec 7 2007 // Risk Management Solutions has confirmed its modeled hurricane activity rates for 2008 to 2012, following “an elicitation with a group of the world’s leading hurricane researchers.” The forecast concludes...
A Nod to Dodd
Dec 2 2007 // Sen. Trent Lott, R- Miss., appears to have quieted down since his Hurricane Katrina claim has been settled, so perhaps people will start listening to other senators in Washington on property insurance and natural disaster...
Catastrophic Events Raise Business Interruption Coverage Questions
Dec 2 2007 // Considering the number of people who lived and worked in the area, the destruction of the World Trade Center complex was the functional equivalent of obliterating a small- to medium-sized city. Several recent and...
A Nod to Dodd
Dec 2 2007 // Sen. Trent Lott, R- Miss., appears to have quieted down since his Hurricane Katrina claim has been settled, so perhaps people will start listening to other senators in Washington on property insurance and natural disaster...
Hurricances Spare U.S., Leaving Officials Worried About Public Apathy, Flood Policy Nonrenewals
Nov 29 2007 // Despite alarming predictions, the U.S. came through a second straight hurricane season virtually unscathed, raising fears among emergency planners that they will be fighting public apathy and overconfidence when they warn...
Miss.: Gautier Elementary set to reopen 2 years after Hurricane Katrina
Nov 27 2007 // Monday marked the first day of classes at Gautier, Miss., Elementary School since Hurricane Katrina flooded and damaged the building in 2005. The city’s oldest school, built in 1940, was repaired with money from...
Virtual Conference: Economic Impact from Absence of Hurricanes in Fla.
Nov 26 2007 // Florida has been spared landfall by a hurricane for a second consecutive year, but residents should not be lulled into a sense of false security, cautions Sam Miller of the Florida Insurance Council. The 2007 hurricane...
Catastrophic Events Raise Business Interruption Questions
Nov 18 2007 // Agents advised to discuss extended coverage provisions and contingent business interruption insurance Several recent and relatively recent events — the wildfires in southern California, Hurricane Katrina in August 2005...
Catastrophic Events Raise BI Coverage Questions
Nov 18 2007 // Several recent and relatively recent events — the wildfires in southern California, Hurricane Katrina in August 2005 and the Sept. 11, 2001, terrorist attacks — have raised awareness of how, and whether, business...
Bill Would Provide Incentives for States to Enforce Stronger Building Codes
Nov 14 2007 // States that already have a mandatory statewide building code and have enforcement measures in place would be eligible for an additional 4 percent of federal disaster relief funds under recently introduced federal...
Senate Bills Offer Tax Credits, Loans to Help Property Owners Hit by Disasters
Nov 13 2007 // Saying he believes that immediate assistance is needed for those living near coastal areas who are grappling with skyrocketing property insurance premiums, Senator Chris Dodd, D-Conn., chairman of the Senate Banking,...
Group Urges Buyout Plan for Hurricane-Damaged Homes in New Orleans
Nov 12 2007 // Louisiana’s Road Home program could end up buying about 7,000 hurricane-damaged properties in New Orleans, creating what one faith-based group sees as a golden opportunity for new homeownership in a city that had a...
La. Dept. of Labor Gets $10.5 Million to Help with Hurricane Recovery
Nov 6 2007 // The Louisiana Department of Labor has received a $10.5 million grant from the U.S. Department of Labor to assist 3,500 citizens in hurricane-affected parishes, the agency reported. LDOL requested the National Emergency...
Report: Global Warming to Worsen Coastal Insurance Woes
Nov 5 2007 // Homeowners and businesses are finding it harder to afford, or even obtain, insurance in coastal states after catastrophes such as Hurricane Katrina, and global warming is going to make the situation worse, according to a...
Weekend’s Hurricane Noel Spares Northeast Coast Serious Damage
Nov 5 2007 // High wind and heavy surf hit parts of the Northeast U.S. coast as the remnants of Hurricane Noel blustered northeastward across the open Atlantic. The wind and rain caused some coastal flooding, brought down tree limbs and...
State Audit: Texas Slow in Delivering Federal Aid to Hurricane Victims
Nov 5 2007 // Texas has used only 2 percent of more than $500 million in federal aid for homeowners and communities hit by Hurricane Rita more than two years ago, a state audit found. State Auditor John Keel found that more than 4,000...
Homeowners insurers not earning cost of capital despite modest rate increases
Nov 4 2007 // The countrywide prospective return on equity for the homeowners line of insurance for 2007 is 7.0 percent, up from 5.4 percent in 2006, according to an analysis by Aon Re Global, a unit of Aon Corp. The year-over-year...
States under cover
Nov 4 2007 // Natural catastrophes — and the affordability and availability of property insurance in disaster-prone areas — have been on center stage in coastal states from the Northeast to the Gulf Coast. This fall, the...
Hurricane Noel, Season’s Deadliest Storm, Moving up East Coast
Nov 2 2007 // U.S. forecasters have issued an advisory for Noel, now a Category 1 hurricane and this season’s most dangerous storm, which is moving northward between the southeastern U.S. and Bermuda and growing in size. The...
