All the headlines from our Hurricane Topic Page, ordered by recency.
May 22 2006 // Model of New Orleans levee points to layer of clayPreliminary findings from a simulation project suggest that during Hurricane Katrina the 17th Street Canal levee in New Orleans may have slid on a layer of weak clay just...
May 22 2006 // Hurricanes spawn E&O troubles for insurance producersWith regard to potential errors and omissions claims against insurance producers in Louisiana arising out of Hurricanes Katrina and Rita, three main coverage areas...
May 22 2006 // If there’s anything to be learned from last year’s hurricanes Katrina, Rita and Wilma, it’s that the value of relationships before, during and after a claim is immeasurable, according to Mel Bangs,...
May 22 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, according to Frank J. Coyne,...
May 22 2006 // Taking a lesson from 2005’s hurricanes, Paul VanderMarck, executive vice president at Risk Management Solutions, a modeling company based in Newark, Calif., said companies need to re-evaluate their loss potential...
May 19 2006 // A “Prepare, Respond and Recover, Florida!’ plan for surviving the upcoming hurricane season has been announced by Charlie Crist, Florida Attorney General and a candidate for governor. Announcing the details of...
May 19 2006 // EQECAT Inc. of Oakland, Calif., has had its hurricane modeling software re-certified by the Florida Commission on Hurricane Loss Projection Methodology for the ninth consecutive time, according to Tom Larsen, EQECAT senior...
May 17 2006 // The Florida Commission on Hurricane Loss Projection Methodology has certified AIR Worldwide Corp.’s 2006 Hurricane Model. This marks the tenth consecutive year that AIR has met the rigorous standards of the...
May 17 2006 // Florida State University sociologists in Tallahassee have found that some South Floridians who survived 1992’s Hurricane Andrew suffered mental health problems many years later, a finding that has led the researchers...
May 17 2006 // Addressing a looming insurance deadline that could affect thousands of homeowners and businesses, the Louisiana House of Representatives passed a bill to give insurance claimants an extra year to file a lawsuit over...
May 17 2006 // Lousiana Commissioner of Insurance Jim Donelon announced the Department of Insurance is set to begin market conduct examinations on two insurers, Allstate and St. Paul/Travelers.Donelon said he ordered the exams in...
May 17 2006 // The Florida Commission on Hurricane Loss Projection Methodology has re-certified the Risk Management Solutions Hurricane model for use in establishing residential insurance rates in Florida.This year’s review...
May 17 2006 // Standard & Poor’s Ratings Services has raised its rating on Citizens Property Insurance Corp., Fla.’s $1.6 billion of high-risk account senior-secured debt to ‘A+’ from ‘A’ and...
May 16 2006 // A bill which provides $1.2 billion to help ease the impact of rising property insurance rates caused by two unprecedented hurricane seasons has been signed into law by Gov. Jeb Bush in Tallahassee.“The Legislature...
May 16 2006 // 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,...
May 16 2006 // 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...
May 15 2006 // Marci L. Rose’s home and rental properties in Key West, Fla. escaped serious damage when hurricanes battered the state in 2004 and 2005, but she might lose them anyway.Like thousands of Floridians, the real estate...
May 15 2006 // 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...
May 15 2006 // Allstate Insurance Co. has been sued for allegedly denying rightful claims of hurricane-damaged homes.Lawyer Richard Scruggs filed the lawsuit Friday in federal court on behalf of 310 Allstate policyholders allegedly...
May 12 2006 // 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...