Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Texas, Louisiana Improve Building Code Rankings but More Work Needed
Apr 20 2015 // Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to improving the ability of properties...
Forecasters See Calm Hurricane Season
Apr 20 2015 // The Atlantic hurricane season in 2015 will see fewer than the average number of storms, according to Colorado State University researchers. Researchers Philip Klotzbach and William Gray said that cooler ocean temperatures...
$1B Bond Sale to Bolster Florida’s Citizens ‘Just In Case’
Apr 16 2015 // Florida hasn’t been hit by a hurricane since 2005, the longest stretch in more than a century. Its state-run property insurer isn’t taking any chances. Even though forecasters predict this year will produce the...
Texas, Louisiana Improve Building Code Rankings; More Work Needed
Apr 14 2015 // Source: Jocelyn Augustino/FEMA Texas doesn’t have the worst score in a recent ranking of state building code systems but it’s pretty close to the bottom, according to a national organization committed to...
RMS Releases Updated Europe Windstorm, North Atlantic Hurricane Models
Apr 10 2015 // RMS, the Newark, Calif.-based catastrophe risk management firm, has released updated RMS Europe windstorm models and North Atlantic hurricane models. The 15.0 RMS Europe Windstorm Models’ hazard and vulnerability...
Why Homeowners Should Worry Despite ‘Calm’ Hurricane Forecast
Apr 10 2015 // The Colorado State University hurricane forecast for the Atlantic Ocean came out Thursday and called for seven named storms. That would be the fewest since 1997. The CSU forecast will be followed soon by a host of others,...
Calm Atlantic Hurricane Season Forecast Due to Cooler Seas, El Nino
Apr 9 2015 // The Atlantic Ocean may have one of its quietest hurricane seasons in decades because of cooler water in the Atlantic and an El Nino in the Pacific, Colorado State University forecasters said. William Gray and Phil...
Citizens Board Approves $1B in Pre-Event Bonds for 2015 Hurricane Season
Apr 8 2015 // Citizens Property Insurance Corp.’s Board of Governors has approved the issuance of up to $1 billion in pre-event bonds to provide Citizens with readily available cash flow for the 2015 hurricane season and...
Louisiana’s Eagan Insurance: Carrying on a Family Tradition
Apr 6 2015 // Marc Eagan says he’s fortunate that his four children grew up in and around the insurance business. For Eagan, president of Eagan Insurance Agency located in the New Orleans-area, it means his firm is well-situated...
Storm Surge Alerts to Begin on Atlantic Coast This Hurricane Season
Apr 2 2015 // As the people of New Orleans, New Jersey and New York know all too well, much of the death and damage caused by hurricanes isn’t from the wind. It’s from the storm surge. When the 2015 Atlantic hurricane season...
2014 Insured Cat Losses below Average at $35 Bn: Swiss Re Sigma Report
Mar 25 2015 // Swiss Re has just released its sigma report on catastrophe losses for 2014, which confirms that total global economic losses from natural catastrophes and man-made disasters were around $110 billion, compared to global...
N.Y. Assemblyman Proposes State-Run Flood Insurance
Mar 23 2015 // A New York State assemblyman is proposing a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced the plan...
Palomar, TriCoast Insurance Launch Windstorm-Hurricane Product in Hawaii
Mar 13 2015 // Palomar Specialty Insurance Co. has partnered with TriCoast Insurance Services, LLC to offer a residential windstorm-hurricane insurance product in Hawaii. The product is a stand-alone hurricane coverage that will be...
Florida Ends Citizens Assessment Two Years Ahead of Schedule
Mar 10 2015 // Florida’s insurance regulators are two years ahead of schedule in ending an assessment used to retire a bond issued by the state-backed property insurer Citizens following the eight-storm 2004-2005 hurricane...
N.Y. Assemblyman Proposes State-Run Flood Insurance
Mar 5 2015 // A New York State assemblyman says he will introduce a bill to create a state-run flood insurance program designed to serve New York homeowners in flood-prone communities. Assemblyman Phillip Goldfeder (D-Queens) announced...
Hurricane Sandy Victims Reach First Set of FEMA Insurance Settlements
Mar 3 2015 // Federal disaster assistance officials have begun reaching settlements with more than 1,000 Hurricane Sandy victims who allege they were unfairly denied flood insurance claims or paid too little for them. Lawyers for...
Climate Change Modeling on Cusp of Paradigm Shift
Feb 26 2015 // In the face of growing interest in climate change impacts, several big catastrophe modelers said they’ve heard from more clients interested in receiving climate-related data and they believe the field is on the cusp...
2014 Insured Losses Hit Lowest Level in Five Years: Guy Carpenter
Feb 26 2015 // Insured losses in 2014 were at the lowest level seen since 2009, according to Guy Carpenter’s annual Global Catastrophe Review. The report says that significant insured losses in 2014 totaled approximately USD33...
Waffle House Has Disaster Response On Its Menu
Feb 23 2015 // When a big storm or tornado devastates a community, the Federal Emergency Management Agency (FEMA) usually steps in to help state and local officials. But in recent years, FEMA has been getting some help of its own from an...
FEMA Found to Have Overpaid Florida Residents by $177M
Jan 7 2015 // The federal agency that provides grants to states following a major catastrophe is under fire for providing Florida residents an estimated $177 million in funds that should have been covered by private insurers. A recent...
