Forecasters predict that the 2008 Atlantic hurricane season will be an active one for hurricane and tropical storm formation. The National Oceanic and Atmospheric Administration’s most recent forecast calls for 12 to 16 named storms between June 1 and Nov. …
The odd-numbered year scenario could come as close to predicting hurricanes as hurricane forecasting experts have recently. Gulf Coast residents: It’s time to cross your fingers, pull out the old rabbit’s foot, avoid breaking mirrors or walking under ladders, knock …
Florida, Louisiana and Texas may be most at risk The credit crunch in the U.S. financial markets that boiled over due to the subprime mortgage meltdown may affect the ability of insurers and reinsurers that cover coastal areas to raise …
The Louisiana Supreme Court on May 21 upheld an appeals court’s decision regarding the state’s “valued policy law” (VPL) in a “wind versus water” case stemming from Hurricane Rita in 2005. The plaintiffs in Mark Landry and Barbara Landry V. …
2-5 There is a 60 to 70 percent chance that that number of major hurricanes will hit the Atlantic this hurricane season, according to the National Oceanic and Atmospheric Administration. NOAA predicted the 2008 season will produce 12 to 16 …
Forecasters predict that the 2008 Atlantic hurricane season will be an active one for hurricane and tropical storm formation. The National Oceanic and Atmospheric Administration’s most recent forecast sees 12 to 16 named storms between June 1 and November 30. …
Catastrophe Modeling Pioneer Clark Analyzes an Industry She Helped Create Karen Clark, former CEO of AIR Worldwide, now heads her own firm Karen Clark & Co. (www.karenclarkandco.comwww.karenclarkandco.com). She made the statement, “garbage in, gospel out,” at the European Insurance Forum …
After Hurricane Katrina struck the upper Gulf Coast in 2005, even grizzled storm veterans became edgy when the opening of hurricane season rolled around. Blue tarps covering Katrina-damaged homes are far fewer now, but as the third storm season since …
Disaster victims might one day watch their homes and communities be rebuilt from the cool comfort of a front porch. The porches are a feature of prefabricated cottages designed for Hurricane Katrina’s victims as an alternative to travel trailers issued …
Science and technology are converging with risk management to help insurers negotiate the current hurricane season such that it’s now possible to use short-term hurricane forecasts — as few as 10 days out — to design coverage targeting a specific …
