Hurricane Season News

For Some in Florida, Hurricane Season Is Time to Party

When a hurricane approaches South Florida, Robin Sing-Cunningham makes sure she has plenty of ice, candles and a generator. Then there’s the gas-powered blender, storm-themed music (think ‘It’s Raining Men’ by the Weather Girls, ‘Riders on the Storm’ by the …

Florida Agents, Consumer Advocate Agree: Insurance Rates Must Go Up

With the start of the hurricane season just a few weeks away, a leading Florida consumer advocate joined independent agents at a press conference today to warn that property insurance rates need to be raised if insurers are going to …

Forecasting Hurricane Intensity Still a Puzzle

People living in hurricane danger zones could have a long wait — as much as 10 years — for improved forecasts of rapid intensity changes in a hurricane, the top U.S. hurricane forecaster said Tuesday. In the past 15 years, …

AIU Offers Hurricane Resources in 2 South Carolina Counties

Homeowners in the South Carolina counties of Charleston and Beaufort who purchase homeowners policies from AIU Holdings’ Private Client Group can now access the advanced disaster preparedness and post-hurricane resources of Private Client Group’s Hurricane Protection Unit. The unit assists …

Report Warns of Gaps in Louisiana Emergency Plans, Officials Skeptical

Hurricane season is just weeks away, but many south Louisiana parishes cannot show their disaster plans cover evacuation of at-risk populations such as the disabled, the homeless and the elderly, according to the Disaster Accountability Project, a student-led watchdog group. …

Forecaster WSI Reduces 2009 Season Hurricane Count to Six

The 2009 Atlantic hurricane season will produce 11 tropical storms, of which six will become hurricanes, WSI Corp predicts. The Andover, Massachusetts, private forecaster reduced its forecast from the one it issued in December, when it said the six-month season …

All Coral Policies Expire Before Hurricane Season Begins

All policies of Florida property insurer Coral Insurance will be cancelled as of May 31, 2009 and any unearned premiums will be returned to policyholders, under a state plan approved by a Leon County judge overseeing the receivership of the …

Declarations

Twittering Mississippi “With a diverse group of staff members with different skills and knowledge of various technologies, Twitter was mentioned as one of the most efficient ways to connect with people, and it’s free.” —Mississippi Department of Transportation spokeswoman Carrie …

Texas Senate Approves Windstorm Bill

The Texas Senate approved a new structure for the state’s depleted windstorm insurance fund last week, providing a combination of potential rate hikes, bonding and other revenue to ensure the account gets replenished. Gulf Coast policy holders of the Texas …

Ratings Recap: Endurance, CRC Re

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed the ICR of “bbb” and the debt ratings of …