All the headlines from our Hurricane Topic Page, ordered by recency.
Jan 1 2006 // Beginning January 3, 2006, Louisiana residents whose Hurricane Katrina or Rita insurance claims are in dispute will have the opportunity to mediate their claim at no cost, according to the Louisiana Department of...
Jan 1 2006 // For the clean up of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities.As insurance brokers, we at...
Jan 1 2006 // Several pressing public policy issues remain to be debated in theGulf region and across the country. At the forefront is the question of how we, as a nation, will finance losses from future mega- catastrophes.Weather...
Jan 1 2006 // For the clean up of New Orleans in the wake of Hurricane Katrina to progress, contractors engaged in this important work must be adequately protected from long-term and uncertain liabilities.As insurance brokers, we at...
Jan 1 2006 // Full agenda slated for Feb. 8 to 11 windstorm conference6 Ga. legislative meetings successful 30 legislators, 102 agents attend IIAG events8 Tenn. bill would require sinkhole coverageLegislator suggests adding new language...
Jan 1 2006 // Thanking insurance companies on behalf of Louisiana insurance agents and the policyholders they represent for the carriers’ hard work and assistance in the aftermath of Hurricanes Katrina and Rita, the Professional...
Jan 1 2006 // U.S. Sen. Trent Lott, R-Miss., is suing his insurance company over damages to his beachfront Pascagoula home, which was leveled by Hurricane Katrina.The law office of Richard “Dickie” Scruggs, Lott’s...
Dec 30 2005 // The U.S. Department of Agriculture has designated at least $200 million (euro168 million) for Florida growers and farmers who suffered losses from the 2005 hurricanes, officials said.The funds were included in last...
Dec 29 2005 // The hurricane season made 2005 a year-to-remember, with the southeast encountering the busiest hurricane season of the century, with 26 named storms and 13 hurricanes, meteorologists used up the list of 21 proper names and...
Dec 28 2005 // Hurricane insurance will be the most significant property and casualty issue on a state level in 2006, just as it was in 2005, Sam Miller, executive vice president of the Florida Insurance Council told Insurance...
Dec 28 2005 // The U.S. property/casualty insurance industry’s net income after taxes rose 4.4 percent, or $1.2 billion, to $28.8 billion in nine-months 2005 from $27.6 billion in nine-months 2004. Reflecting the industry’s...
Dec 28 2005 // The Foundation for Agency Management Excellence (FAME), an insurance industry educational foundation of The Council of Insurance Agents & Brokers, has identified the three relief agencies in Louisiana and Mississippi...
Dec 27 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Quanta Reinsurance Ltd. (Quanta Re) and its...
Dec 27 2005 // Louisiana residents whose Hurricane Katrina or Hurricane Rita insurance claims are in dispute will soon be offered a possible solution at no cost to them, according to the Louisiana Department of Insurance. Commissioner of...
Dec 27 2005 // Bermuda’s PXRE Group Ltd. has given details of its $250 million collateralized transaction with Atlantic & Western Re II Limited, a Cayman Island reinsurance company. The agreement is designed to provide...
Dec 27 2005 // New York-based Advisen Ltd. has released an estimate that worldwide insurance and reinsurance losses related to the three major hurricanes that hit the United States this year would amount to $57.6 billion, making the...
Dec 22 2005 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” counterparty credit and financial strength ratings on petroleum industry mutual insurer Oil Insurance Ltd. (OIL) and removed...
Dec 22 2005 // Tax and time relief measures are available to Floridians impacted by this year’s hurricanes according to Tom Gallagher, Florida CFO.“Many hurricane victims are still struggling to repair their homes and rebuild...
Dec 22 2005 // Louisiana Commissioner of Insurance Robert Wooley will hold a press conference on Thursday, December 22, 2005, at 1:00 p.m., to announce the launch of the Louisiana Hurricane Mediation Program. The press conference will...
Dec 21 2005 // If the Hurricane Recovery Assistance Bill survives the U.S. Senate, Mississippi could receive a significant share of the $29 billion assistance, according to Sen. Thad Cochran, R-Miss. The senator said he has negotiated a...