Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Texas Sunset Board: Legislature Needs to Decide Nature of Windstorm Insurer
Jan 23 2019 // To be the insurer of last resort for wind and hail insurance along the Texas coast, without state support and reliant on premium dollars and debt financing for funding, or to be a true insurance company that derives...
Travelers Grew Q4 Profit Despite California Wildfire, Hurricane Michael Losses
Jan 22 2019 // Travelers Cos. reported that despite catastrophe losses from the California wildfires and Hurricane Michael, it boosted its profit in the fourth quarter of 2018 thanks to growth in premiums and investment income. Net...
California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re
Jan 21 2019 // The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last...
Industry Trends to Exploit for 2019
Jan 21 2019 // It is time to take out our crystal ball and plan for 2019 and how our insurance industry will be impacted by the trends around us. Those that consider these changes, and plan ahead, will usually be in a better position...
For New Governors, Natural Disasters Will Be Necessary Priority
Jan 21 2019 // Even Governors Skeptical of Climate Change Can’t Avoid Need to Plan for Future Storms, Fires Governors have a range of priorities they want to tackle in the coming year, from tax reform to education. Yet, one topic...
Unlicensed Adjuster Arrested for Stealing $14K from Homeowners After Irma
Jan 18 2019 // An unlicensed insurance adjuster has been arrested over unlicensed public adjusting activities and the filing of false and fraudulent liens on individuals’ homes following Hurricane Irma, according to a statement...
Swiss Re Estimates Its Q4 Natural Catastrophe Claims to Hit US$1.0B
Jan 15 2019 // Swiss Re estimates it will pay claims of approximately $1.0 billion for natural catastrophes booked in the fourth quarter of 2018, with the largest generated from California wildfires and Hurricane Michael. These natural...
Florida Courts Bogged Down by New Gun Law, Hurricane Suits
Jan 8 2019 // Florida’s new gun law is keeping courts busy, and the state Supreme Court also says lawsuits over hurricane disputes could be on the rise. The Florida Supreme Court said Dec. 28 that 100 petitions a month have been...
California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re
Jan 8 2019 // The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last...
3 Reasons Recovery from Hurricane Florence is Different from Hurricane Michael
Jan 7 2019 // Lessons from Past Storms and Economic Changes Suggest Rebuilding Efforts After Florence Will Be Arduous As the saying goes – location is everything. Following the two largest U.S. hurricanes this year, Hurricane...
Southern California City Asking Residents for Suggestions on Battling Climate Change
Jan 3 2019 // The city of Long Beach, Calif. is soliciting help from its citizens to come up with a plan to deal with climate change. The coastal city of roughly half-a-million, which was an early adopter of the ban on plastic bags and...
Timber Farms in Florida, Georgia Suffering After Hurricane Michael
Jan 2 2019 // Strewn in gnarled piles from Florida’s Gulf Coast up through South Georgia, the livelihood of timber farmers is on the ground. And, after the ravaging buzz saw of Hurricane Michael in early October, it will be a...
Insurance Journal South Central’s Top Stories for 2018: Medical Marijuana, Weather Woes
Dec 31 2018 // At first glance it might seem that 2018 was a “slow news” year in the South Central states of Arkansas, Louisiana, Oklahoma and Texas. After all, the region escaped the devastation of a major hurricane, and...
Florida Regulator Calls on Insurers to Handle Hurricane Michael Claims
Dec 31 2018 // Florida Insurance Commissioner David Altmaier is urging Florida insurers to close the more than 42,000 Hurricane Michael claims that remain open nearly three months after the storm. In a Dec. 19 memorandum to all property...
Insurance Journal Southeast’s Top Stories for 2018: Fraud, Hurricanes, Data Security Law
Dec 31 2018 // It was a busy year in the Southeast with two major hurricanes that wreaked havoc on the region, an escalating insurance crisis in Florida, and a new industry-specific cybersecurity law in South Carolina that takes effect...
Florida County Wants Hurricane Michael Named Category 5 Storm
Dec 28 2018 // Some officials in one Florida Panhandle county are pushing for Hurricane Michael to be labelled a Category 5 storm. The News-Herald reports that some in Bay County – which was hit hard by the fierce October storm...
Florida Man Gets 8 Years for Hurricane Irma Fraud
Dec 21 2018 // A Florida man has been sentenced to eight years in prison for taking advantage of people who suffered property damage last year during Hurricane Irma. Collier County prosecutors says 44-year-old Daniel Lawrence Ohleyer was...
Georgia Farmers Eligible for Loans to Cover Hurricane Losses
Dec 21 2018 // Some Georgia farmers are eligible for federal loans to help cover the costs of losses sustained because of Hurricane Michael. The Augusta Chronicle reported Tuesday that Agriculture Secretary Sonny Perdue designated...
Florida Panhandle City Borrows $50M for Hurricane Cleanup
Dec 20 2018 // Officials in Florida’s Panhandle have agreed to take out a $50 million loan to help pay for Hurricane Michael-related bills until federal reimbursements are received. The Panama City Commission approved the measure...
Larger Houses Replace Smaller When Rebuilding After Hurricanes
Dec 19 2018 // A study of hurricane-hit areas of the United States has revealed a trend of larger homes being built to replace smaller ones in the years following a storm. The research, led by the University of Southampton (UK) and...
