The AccuWeather.com Hurricane Center in State College, Pa. led by Chief Forecaster Joe Bastardi, has released its 2006 hurricane season forecast. An active hurricane season appears imminent, which could have major repercussions for the U.S. economy and the one in …
Many Texas homeowners are under the impression that flooding caused by rising water is covered under the standard homeowners insurance policy in Texas and often they discover that fact too late, according to Sandra Ray, public affairs director of Southwestern …
Florida Insurance Commissioner Kevin McCarty has urged Floridians to purchase flood insurance to protect their homes. McCarty’s warning comes on the eve of the 2006 hurricane season which officially begins June 1. “One of the many tragedies of Hurricane Katrina,” …
St. Petersburg, Fla.-based Allstate Floridian has reached an agreement with Royal Palm Insurance Co., a new property insurer in the state, to offer Allstate Floridian customers and Florida consumers property insurance coverage. Starting in November 2006, Royal Palm will provide …
As hurricane season approaches, officials at the Texas Department of Insurance are reminding all Gulf Coast home and business owners that it is important to periodically review their insurance policies to ensure that coverages are adequate and up-to-date. Hurricane season …
AIR Worldwide Analysis Concludes That Significant Uncertainty AIR Worldwide Corporation (AIR) issued a white paper that reviews the current state of research on climatological impacts on hurricane activity and explains the approach used to create AIR’s near-term sensitivity catalog, which …
Although property & general liability insurance rates increased in the first quarter of 2006, all indications point to a continuing soft commercial insurance market according to the Risk and Insurance Management Society (RIMS) Benchmark Survey, a survey conducted by Advisen …
As expected, the state’s troubled property insurance market dominated the just-concluded session of the Florida Legislature, according to the American Insurance Association in Atlanta. The session concluded Friday night just after legislators approved a hotly debated, comprehensive property insurance measure. …
As emergency planners and hurricane experts from across the U.S. met in April to plan and prepare for the hurricane season, the timing couldn’t have been better, as massive twisters roared down “tornado alley” through Tennessee, Kentucky and even threatened …
Leon County, Fla. Circuit Court Judge Thomas Bateman has ordered Southern Family Insurance Co., one of three financially-troubled property insurers of the Tampa-based Poe Financial Group into rehabilitation. To ensure the policyholders are protected this hurricane season, Tom Gallagher, Florida’s …
