All the headlines from our Hurricane Topic Page, ordered by recency.
May 17 2004 // This week, May 16-22, is National Hurricane Awareness Week, and Georgia Insurance Commissioner John Oxendine is reminding Georgians that they should check their homeowners policy annually to be sure they have adequate...
May 17 2004 // Hurricane Isabel was directly or indirectly responsible for 50 deaths nationwide and caused an estimated $170 million of property damage in North Carolina last September. Experts predict 14 named storms and eight...
May 12 2004 // Today a class action lawsuit against various insurance companies was filed in United States District Court, Baltimore, Maryland alleging that the insurance companies failed to deliver the promised benefits to thousands of...
May 12 2004 // A measure designed to increase the availability of homeowners insurance and improve Florida’s ability to recover financially from catastrophic hurricanes through improvements to Florida’s Hurricane Catastrophe...
May 12 2004 // Risk Management Solutions (RMS) announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) unanimously re-certified the RMS Hurricane model for use in establishing residential insurance rates...
May 11 2004 // The National Flood Insurance Program has completed reviews of the first group of claims review requests received from policyholders who suffered Hurricane Isabel-related damage. As part of the ongoing review, the National...
May 3 2004 // The Florida legislature wrapped up its annual session last Friday night, giving final approval to key measures that will add capacity to the state’s hurricane reinsurance fund and put the workers’ compensation...
May 3 2004 // Florida Chief Financial Officer Tom Gallagher commended state lawmakers for approving legislation, Senate Bill 2488, that will increase the availability of homeowners insurance through changes to the Florida’s...
Apr 29 2004 // For the first time, homeowners rates that include a severe thunderstorm component based on sophisticated catastrophe modeling have been included as part of a rating plan subject to approval by state regulators.Florida Farm...
Apr 27 2004 // Hurricane Isabel was directly or indirectly responsible for 50 deaths nationwide and caused an estimated $170 million of property damage in North Carolina last September. Experts predict 14 named storms and eight...
Apr 16 2004 // Florida TaxWatch President & CEO Dominic Calabro said today that he supports Chief Financial Officer Tom Gallagher and state lawmakers in their efforts to increase the availability of homeowners insurance through...
Apr 12 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has introduced Storm Tracker, a new insurance product that provides coverage for business losses occurring when a hurricane arrives within a...
Apr 5 2004 // States show signs of stability, but problem areas remainDespite continuing availability issues and sky-high loss ratios, the U.S. homeowners market is stabilizing as a whole. Of course, most industry observers who make...
Mar 30 2004 // Governor Robert L. Ehrlich, Jr. yesterday signed into law emergency legislation to provide housing relief for Maryland victims of Hurricane Isabel.The legislation establishes a new emergency housing program, Hurricane...
Mar 22 2004 // Massachusetts officials, searching for ways to ease a homeowners insurance availability crisis on Cape Cod and other coastal areas, are researching how Florida dealt with its insurance difficulties 10 years ago when it set...
Jan 26 2004 // The Property and Casualty Insurers Association of America and two of its member companies are scheduled to testify at Tuesday’s legislative briefing in Maryland on insurance aspects related to Hurricane Isabel.PCI...
Jan 12 2004 // Hurricane Isabel’s cost to insurers in Virginia has more than doubled the original expectations, and now tops $925 million. The figure represents more than half of the total $1.69 billion in insured damage from the...
Dec 10 2003 // ACE USA, the U.S.-based retail operations of the ACE Group of Companies, has introduced ACE EVAC, a new insurance product that provides coverage for businesses in U.S.-based coastal areas that incur business losses from a...
Nov 3 2003 // Insurers are expected to pay $2.9 billion to homeowners and businesses for insured property losses from seven catastrophic events in the third quarter of this year—up more than 300 percent from the year-ago...
Nov 3 2003 // And then there were two.That is the scenario for this month’s runoff election (Nov. 15) in the race to be the next insurance commissioner in Louisiana. The Oct. 4 primaries brought the field of candidates down to...