According to A.M. Best Co., the frequency of catastrophe weather events represents the “new normal” for the insurance industry. “The insurance industry continues to be tested as catastrophic weather events have recently become more common and more severe,” Best said …
Oklahoma Insurance Commissioner John D. Doak announced from the 2012 National Tornado Preparedness Summit his intent to standardize Oklahoma’s insurance industry by utilizing ACORD’s 1 – Property Loss Notice form. “This form will allow citizens to fill out one form …
The Indiana Department of Insurance is telling insurers to give victims of recent southern Indiana tornadoes an extra two months to pay their premiums. Insurance Commissioner Stephen Robertson announced a 60-day moratorium on canceling storm victims’ insurance policies, along with …
The Federal Emergency Management Agency on March 5 began surveying the damage from tornadoes and other severe weather that roiled southern Illinois last week, starting in the small town of Harrisburg, where six people were killed and 100 injured by …
March came in like a very large and powerful lion, spawning severe weather across the Midwest, interior south and southeast United States. Insured losses from the tornadoes, hail and high winds that struck in late February and early March may …
Nebraska needs to create a temporary housing fund to help people who lose their homes to flooding, tornadoes and other natural disasters, a state lawmaker said on Feb. 23. Sen. Lydia Brasch, of Bancroft, said the state was unprepared last …
While 2011 marked the fourth deadliest year on record for tornadoes in the United States, Texas was spared tornado-related fatalities and recorded fewer-than-average number of such storms. Not so Alabama, which led all other states in the number of tornadoes …
The U.S. should expect an active severe weather season with above-normal tornadoes in 2012. That’s after a near-record number of tornadoes in 2011, according to forecasters at AccuWeather.com in State College, Penn. Last year ranks as the fourth most deadly …
Missouri insurance regulators say they returned a record amount in claims recoveries to consumers in 2011. An additional $21 million was recovered from insurance companies by the Missouri Department of Insurance on behalf of consumers; the previous record was $14.6 …
Forecasters say two tornados hit the Houston area during recent thunderstorms that flooded roads and knocked out power. The National Weather Service said a tornado with 95 mph winds touched down on Jan. 9 in Mission Bend, 25 miles southwest …
