All the headlines from our Hurricane Topic Page, ordered by recency.
Oct 31 2005 // Mercury General Corporation reported Monday net income rose to $73.0 million ($1.33 per share-diluted) in the third quarter 2005 compared with $65.1 million ($1.19 per share-diluted) for the same period in 2004.For the...
Oct 28 2005 // Southwest and South Florida are recovering, very slowly, from the after-effects of Hurricane Wilma, which crossed over Naples on Monday and then speedily traveled due east to Miami and South Florida. Margaret M. Weems,...
Oct 28 2005 // The Bermuda-based Arch Capital Group Ltd. has duly taken its turn at the hurricane whipping post, reporting a third quarter net loss of $86.3 million, or $1.15 per share â??on a pro forma basisâ?? (explained in a...
Oct 28 2005 // The Bermuda-based PXRE Group Ltd. also fell victim to the third quarter disaster, posting a net loss of $317.3 million, compared to a net loss of $73.2 million in the third quarter of 2004, which wasn’t particularly...
Oct 28 2005 // Tropical storm Beta, the 23rd named storm of the current season, is churning the waters of the Caribbean off the coast of Nicaragua. According to the latest bulletin from Miami’s National Hurricane Center, Beta is...
Oct 28 2005 // ProCentury Corporation reported after-tax losses for the third quarter from hurricanes Katrina and Rita of approximately $6.0 million, or $0.46 per diluted share, net of expected reinsurance and including estimates of...
Oct 28 2005 // Vesta Insurance Group, Inc. announced that its preliminary net loss estimate from Hurricane Wilma for its subsidiary, Florida Select Insurance Company, is expected to be in the range of $4.5 to $8.5 million, after recovery...
Oct 27 2005 // XL Capital Ltd. will officially announce its third quarter results on Monday, Oct. 31, but it has already indicated in a preliminary announcement that it expects to report an impressive $1.47 billion in net losses for the...
Oct 27 2005 // The Louisiana Department of Labor reported that the preliminary September unemployment rate for Louisiana soared to 11.5 percent after Hurricane Katrina, marking the highest unemployment rate in the state since January of...
Oct 26 2005 // Insurance adjusters are converging on Orlando this morning to regroup and then after short meetings, be assigned to Florida’s southwest and southeast coasts, where they begin to access the damage caused by Hurricane...
Oct 26 2005 // Fitch Ratings today said Hurricane Wilma represents a major blow to an already weak Florida property insurance market. If actual insured losses come in at the high end of the estimated range ($4 billion to $10 billion),...
Oct 26 2005 // In the wake of Hurricane Katrina, an online study of approximately 1,000 U.S. adults conducted by the research group Ipsos Public Affairs shows that while nearly all respondents approve of the job being done by charities...
Oct 25 2005 // Jobless benefits for victims of hurricanes Katrina and Rita now stand at $242.8 million, with Katrina-related claims totaling $233.8 million and Rita claims totaling $8.9 million, according to the Louisiana Department of...
Oct 25 2005 // Insured losses in the United States from Hurricane Wilma are likely to range from $6 billion to $10 billion, predicted Risk Management Solutions (RMS). The Newark, Calif.-based company said its estimate is based on current...
Oct 25 2005 // Nationwide claims representatives and humanitarian relief teams stood by on Tuesday in the Lowe’s parking lot on 6415 Naples Blvd. in Naples, Fla. to provide aid to Hurricane Wilma victims. Nationwide teams brought...
Oct 24 2005 // A statement, issued by Standard & Poor’s Ratings Services, notes that Florida has already sustained about $1 billion in insured losses during the current hurricane season. Hurricane Wilma is expected to hit...
Oct 24 2005 // As if being precisely orchestrated by the National Hurricane Center in Miami, Wilma thundered ashore in Naples, Fla. at 6:30 a.m. EDT, as a Category 3 hurricane, bringing with it pounding waves, torrential rain and...
Oct 24 2005 // Travis County, Texas, District Judge Stephen Yelenosky has extended until Dec. 12 an injunction prohibiting Allstate Insurance Company from denying claims related to Hurricane Rita, the Austin American-Statesman...
Oct 24 2005 // Catastrophe risk modeling company AIR Worldwide Corporation estimates U.S. insured losses from Hurricane Wilma at $6 billion to $9 billion. Wilma strengthened overnight and made landfall at 6:30 a.m. this morning at Cape...
Oct 24 2005 // More than 300 search-and-rescue officers are now fanning out over southwest Florida and are heading toward southeast Florida to assist in search and rescue efforts, according to Tom Gallagher, Florida’s State Fire...