All the headlines from our Hurricane Topic Page, ordered by recency.
May 8 2006 // A rapid 25 percent cash buildup for the Florida Hurricane Catastrophe Fund and the establishment of a hurricane mitigation endowment fund to allow homeowners to obtain no-interest loans to implement hurricane mitigation...
May 8 2006 // With more than 55 million people living in coastal communities, the nation must learn its lesson from the 2004 and 2005 hurricane seasons and prepare now for what will happen after June 1, according to Max Mayfield,...
May 8 2006 // The 2006 hurricane season is looming and the insurance industry already sees dark clouds on the horizon. The Texas Windstorm Insurance Association is considerably under-funded in the event a major hurricane makes landfall...
May 8 2006 // The professional liability market may be significantly affected by the increase in frequency and severity of hurricanes, causing greater rating agency scrutiny and changes to evaluation models.“The three recent...
May 5 2006 // With the official start of the Atlantic hurricane season less than one month away, the National Oceanic and Atmospheric Administration’s 2006 Hurricane Awareness Tour has come to a successful conclusion in Tampa,...
May 5 2006 // The first public model to project hurricane losses for the State of Florida has been completed by the International Hurricane Research Center in Miami, Fla. The new model already has produced excellent figures on Hurricane...
May 4 2006 // The insurance crisis is not a Florida problem, it is a national problem that demands national solutions, Tom Gallagher, Florida CFO, said after applauding the Florida Legislature for calling on Congress to create a...
May 3 2006 // With hurricane season looming just one month away, the Florida House has passed a bill aimed at making sure that if Florida has another bad run of storms there will be insurance companies there to cover people’s...
May 3 2006 // Forecasters from the NOAA National Hurricane Center will join the air crew from the NOAA Aircraft Operations Center on hurricane hunter aircraft visits March 3, 4 and 5 to Mobile, Ala., West Palm Beach, Fla. and Tampa,...
May 2 2006 // New computer simulations by government scientists show that hurricane storm surges in the Chesapeake Bay could get dramatically worse than the flooding caused by Tropical Storm Isabel in 2003.Under some conditions, the...
May 1 2006 // With the impact of a record-breaking 2005 Atlantic hurricane season still etched on the coastline from Texas to Florida, and recovery on the minds of its residents, forecasters from the NOAA National Hurricane Center will...
Apr 28 2006 // A $565 million hurricane preparedness budget which includes funding for response and recovery recommendations has been recommended by Gov. Jeb Bush and Lt. Governor Toni Jennings.According to Gov. Bush, the recommendations...
Apr 28 2006 // Governor Jeb Bush has signed legislation authorizing Florida’s second annual 12-day sales tax holiday for hurricane preparedness.The Hurricane Preparedness Sales Tax Holiday is an important component of Governor...
Apr 28 2006 // As another hurricane season fast approaches, Mississippi Insurance Commissioner George Dale is encouraging Mississippi Gulf Coast residents to buy flood insurance with a simple message, it’s a bargain considering the...
Apr 27 2006 // The Florida House Insurance Committee and the House Fiscal Council have approved CS/CS/HB 7225, and according to the Florida Insurance Council, the next stop is the full House. FIC released a side-by-side comparison of...
Apr 27 2006 // The Louisiana House Insurance Committee has passed legislation (H.B. 318) regarding a ban on the use of credit scoring information from 2005, which will negatively affect consumers and the overall insurance market in...
Apr 24 2006 // Zurich Financial Services’ Annual General Meeting, held April 20, evinced the considerable turn around in its fortunes under the direction of CEO James J. Schiro, who took over the faltering giant in May 2002.In his...
Apr 24 2006 // A rapid cash buildup of 25 percent for the Florida Hurricane Catastrophe Fund and the establishment of a hurricane mitigation endowment fund to allow homeowners to obtain no-interest loans to implement hurricane mitigation...
Apr 20 2006 // Plaintiffs seeking more than $1 billion in damages in the aftermath of Hurricane Katrina are calling the Mississippi River Gulf Outlet a “Hurricane Highway” that allowed a 20-foot storm surge to inundate much...
Apr 19 2006 // The American Insurance Association has responded to stunningly careless and inappropriate public comments made last week by Mississippi Attorney General Jim Hood, in which he compared insurance companies dealing with...