All the headlines from our Hurricane Topic Page, ordered by recency.
Dec 1 2005 // A mediation program to help condominium associations resolve disputes with their insurance companies over hurricane claims has been suggested by Tom Gallagher, Florida CFO.Gallagher said the mediation program, established...
Dec 1 2005 // Citing the risks that they say insurance companies face from losses and financial risks associated with climate change, 20 U.S. investors led by several state treasurers urged 30 of the largest publicly-held insurance...
Nov 30 2005 // The Bermuda-based Everest Re Group, Ltd. announced that it estimates losses arising from Hurricane Wilma at $230 million on an after-tax basis. “This event, which impacted the Yucatan peninsula of Mexico and South...
Nov 30 2005 // Lloyd’s has issued an updated statement on the estimated financial impact on the market of Hurricanes Katrina, Rita and Wilma, based on the results gathered from “a Major Loss Return from each Managing...
Nov 30 2005 // The victims of the busiest and costliest Atlantic hurricane season on record may be comforted now that it’s finally ending Wednesday: No hurricane has been known to hit the United States between December and May.But...
Nov 29 2005 // U.S. property/casualty insurers are expected to pay an estimated $6.1 billion to Florida policyholders for insured property losses from Hurricane Wilma, pushing year-to-date catastrophe losses to $50.3 billion, an all-time...
Nov 28 2005 // Hurricane Wilma was briefly the most intense Atlantic storm on record as it moved through the Caribbean toward the Gulf Coast. That was the last thing Gulf residents wanted to hear.Two months earlier, Hurricane Katrina had...
Nov 28 2005 // The U.K.’s Wellington Underwriting plc, whose wholly owned subsidiary Wellington Underwriting Agencies Ltd. manages Syndicate 2020 at Lloyd’s, has released a further update about the extent of losses sustained...
Nov 28 2005 // Hurricane Season 2005 officially comes to a close Wednesday Nov. 30 and according to Tom Gallagher, Florida’s CFO, people will be dealing with the aftermath for years to come.Nationwide, this season was the busiest...
Nov 25 2005 // Most insurance agents in Texas have never faced the damage caused by a catastrophic storm. Thankfully, massive hailstorms, tornadoes and hurricanes have been few and far between in our state. But, Hurricane Rita changed...
Nov 25 2005 // Jacksonville, Fla. residents should begin to prepare now for the 2006 hurricane season according to Chip Patterson, chief of the city’s Emergency Preparedness Division. Patterson recently told the Chamber of...
Nov 25 2005 // A National Catastrophe Fund that would provide assistance for insurance claims in Florida has been endorsed by Tom Gallagher, Florida’s CFO. The CFO’s recommendations came after officials, including Florida...
Nov 24 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced its initial estimate of losses, net of reinsurance, reinstatement premiums, and tax benefits related to Hurricane Wilma to be approximately $115 million. Endurance...
Nov 24 2005 // EFI Global, a provider of forensic engineering, fire investigation, environmental, accident reconstruction and laboratory testing services, continues to deploy experts to the Hurricane ravaged areas of Southeast Texas,...
Nov 24 2005 // Evacuees from hurricanes Katrina and Rita living in Texas now have another way to help themselves move toward recovery through the Housing, Employment, Location, and Placement (HELP) Program, which is available from the...
Nov 24 2005 // Numerous federal agencies have dispatched teams of special agents to investigate fraudulent claims from Hurricanes Katrina and Rita, according to the U.S. Department of Homeland Security’s Federal Emergency...
Nov 23 2005 // Home and car owners in Louisiana have filed 1,309 complaints against their insurance companies since hurricanes Katrina and Rita, and few have been resolved, according to the state Department of Insurance.The Associated...
Nov 23 2005 // A four-story high pile of Hurricane Wilma debris caught fire on Wednesday at a staging area on Dove Avenue in Miami Springs, Fla. According to NBC6-TV in Miami, the fire sent a huge plume of smoke into the air over...
Nov 23 2005 // Florida Gov. Jeb Bush said state lawmakers will likely deal with some hurricane issues when they meet in a special session beginning Dec. 5.The governor said it would probably make sense to address some hurricane issues,...
Nov 22 2005 // The insurance industry’s response to Hurricanes Katrina and Rita has been “too slow” and the job of adjusting claims is a long way from being completed in the view of the leader of the nation’s...