All the headlines from our Hurricane Topic Page, ordered by recency.
Oct 20 2003 // U.S. insurers are likely to pay out close to $1 billion to help people whose homes, businesses and personal possessions were damaged by Hurricane Isabel, according to the Insurance Information Institute (I.I.I.). The...
Oct 16 2003 // Donegal Group Inc. reported its results of operations for the quarter and nine months ended Sept. 30.The company reported net income of $4,001,385, or $.40 per share on a diluted basis, compared to $3,015,676, or $.33 per...
Oct 14 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 period —...
Oct 7 2003 // Alabama-based Vesta Insurance Group, Inc. announced that Thomas Mangold, has been elected executive vice president.Mangold, in addition to his new role as an executive officer of the holding company, will continue his...
Oct 3 2003 // Travelers Property Casualty Corp. announced that its preliminary estimate for catastrophe losses resulting from Hurricane Isabel is approximately $75 million, after reinsurance and tax, based on approximately 33,000 claims...
Oct 2 2003 // The Insurance Bureau of Canada has issued a bulletin reassuring consumers that their property insurance will respond to storm-related damage caused by Hurricane Juan, which struck Nova Scotia and Prince Edward Island last...
Sep 30 2003 // Following the completion of a previously announced review, Safeco strengthened reserves for workers’ compensation, affecting third-quarter financial results by $0.96 per diluted share.Safeco increased loss reserves...
Sep 29 2003 // Hurricane Juan, a category 2 storm on the Saffir/Simpson scale with sustained winds of around 80 mph (130 kph), slammed into Nova Scotia and Prince Edward Island early this morning, bringing heavy rains and storm surge...
Sep 26 2003 // Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe risk, announced that its new third generation earthquake and hurricane models for the United States are being adopted...
Sep 24 2003 // Risk Management Solutions (RMS) released a revised loss estimate of $600 million for wind-related claims from Hurricane Isabel, updating its initial estimate of $500 million released on Sept. 17. The company also reported...
Sep 22 2003 // U.S. insurers are likely to pay out close to $1 billion to help people whose homes, businesses and personal possessions were damaged by Hurricane Isabel, according to the Insurance Information Institute (I.I.I.)The storm,...
Sep 18 2003 // Risk Management Solutions (RMS) projected that Hurricane Isabel could cause insured losses in the $500 million range if the storm continues on its current track toward Cape Lookout in North Carolina. If the storm makes...
Sep 18 2003 // Although meteorologists are continuously downgrading the anticipated strength of Hurricane Isabel, the storm could still wreak serious damage — and big insured losses — along the Atlantic seaboard, an insurance...
Sep 17 2003 // Property owners on the Atlantic seaboard who are bracing themselves for Hurricane Isabel should check their insurance coverage and take some basic precautions to secure their homes or businesses, advised the National...
Sep 16 2003 // Hurricane Isabel continues to move towards the Eastern Seaboard at a leisurely 7 mph (11 kph). The storm is currently located around 700 miles (1130 kms) South-southeast of Cape Hatteras, and approximately 480 miles (770...
Sep 16 2003 // The Hartford Financial Services Group has issued a bulletin warning home and business owners to take precautionary steps to prevent injury and minimize potential damage from Hurricane Isabel, which may threaten states...
Sep 15 2003 // Bermuda-based PartnerRe Ltd. has issued a bulletin giving details on the impact of Hurricane Fabian, a Category 3 storm which hit the island on Friday, Sept. 5, 2003, with winds in excess of 140 mph (225 kmh), causing an...
Sep 15 2003 // Hurricane Isabel, the most powerful storm of the season, is poised to strike somewhere along the U.S. Eastern Seaboard as early as Wednesday night or Thursday morning. The 5-day forecast from the National Hurricane Service...
Sep 12 2003 // Hopefully neither Bermuda, nor anyone else will have to face Hurricane Isabel. According to the latest bulletin from the National Hurricane Center, the storm’s maximum sustained winds are now around 160 mph (260...
Sep 10 2003 // While Fabian has departed, his sister Isabel now poses a new threat. Currently located in the mid-Atlantic, about 875 miles (1410 kms) East-Northeast of the Leeward Islands, Isabel is a category 4 hurricane with sustained...