Tropical Storm Karl hit Mexico’s Yucatan Peninsula Wednesday and was expected to head into the Gulf of Mexico, threatening Mexican oil installations and possibly gaining hurricane strength. Mexico’s state-run oil giant Pemex has not yet curtailed any operations but said …
Tropical Storm Julia grew in the far eastern Atlantic into the fifth hurricane of the storm season, while Hurricane Igor weakened slightly but remained a dangerous Category 4 storm, forecasters said on Tuesday. Neither hurricane posed an immediate threat to …
Tropical Storm Hermine, which swept through Texas on Sept. 7 and into Oklahoma on Sept. 8, surprised forecasters by retaining tropical storm strength long after it was expected to decline. The storm resulted in extensive flooding, several funnel cloud sightings …
Tropical Storm Hermine slammed into northeastern Mexico near the Texas border Monday, dumping heavy rain on a region still recovering from Hurricane Alex’s visit in June. Hermine, the eighth named storm of the Atlantic hurricane season, was expected to weaken …
Tropical Storm Hermine blew into the border region between Texas and Mexico late Monday night, landing in Northeast Mexico and crossing into Texas early Tuesday morning, bringing with it 60 mph winds, heavy rains and flooding. Like many hurricanes and …
Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25 million homes, a massive landslide in China …
The reinsurance sector is vulnerable to a significant insured loss from the Atlantic storm season as their reserve capital has been used to offset low premiums, Fitch Ratings said, as Hurricane Earl threatens to hit land. As Earl lingers as …
The insurer-funded, nonprofit Gulf State Insurance Information Center (GSIIC) has launched a new Web site – www.GulfStateInsuranceCenter.org – to serve as a repository of information on insurance issues impacting Louisiana. The information available on the site will be specifically about …
More Commercial Lines Premium Decreases in Q2 Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers. Premium decreases of between 2.5 and 3.8 percent were reported for …
An area of low pressure moving over the Florida Panhandle was expected to track southward into the northern Gulf of Mexico by early Monday and had a 50 percent chance of becoming a tropical cyclone in the next 48 hours, …
