All the headlines from our Hurricane Topic Page, ordered by recency.
Oct 10 2002 // Fitch Ratings announced the release of a special report titled, “Hurricane Lili: Storm Weakens before Landfall, Low Insured Losses Expected as a Result,” which predicts damages from the hurricane will not...
Oct 7 2002 // Estimates from the Insurance Information Institute (I.I.I.) say that U.S. insurers could pay $600 million in claims as a result of Hurricane Lili, which began its attack on the Gulf Coast last week, and has continued with...
Oct 2 2002 // Miami’s National Hurricane Center issued a new update on Hurricane Lili, currently located northwest of Cuba, warning that “maximum sustained winds have increased to near 110 mph, with higher...
Sep 30 2002 // Insurance Journal publisher Mark Wells recently spoke with Michael J. Hall, chairman of M.J. Hall & Company Inc. and president of Golden Bear Insurance Company, both headquartered out of Stockton, Calif. Hall shared...
Sep 26 2002 // Tropical storm Isidore came ashore in southern Louisiana around 1:00 a.m. this morning, hitting the New Orleans area with heavy rains and high winds, but so far causing only relatively minor damage. One small tornado was...
Sep 23 2002 // Hurricane Isidore smashed into Mexico’s Yucatan Peninsula on Sunday, packing 110 mph winds and dropping 12 to 20 inches of rain in some spots. Four persons were reported killed in storm related auto accidents. After...
Aug 19 2002 // A direct hit on downtown Miami by the most powerful type of hurricane could cause $80 billion in damage, far exceeding that of Hurricane Andrew, the costliest natural disaster in U.S. history, an insurance industry group...
Aug 15 2002 // Mitigation efforts to reduce property damage, death, injuries and economic loss from the next Hurricane Andrew have been effective where applied, but their use has been spotty and in some cases their benefit diminished by...
Jun 24 2002 // Colorado State University hurricane forecasters, led by Dr. William Gray, recently lowered this year’s Atlantic basin hurricane forecast numbers, but that hasn’t prevented insurance commissioners from states...
Jun 24 2002 // Risk Management Solutions has expanded its online services for real-time hurricane monitoring and information, coinciding with the start of the 2002 Atlantic Hurricane season on June 1. The expanded RMS monitoring services...
Jun 14 2002 // The Hawaii Department of Commerce & Consumer Affairs, Insurance Division, has accepted Air Worldwide Corporation’s (AIR’s) 2001 Hawaii hurricane model for use in rate filings in Hawaii. This is the first...
Jun 10 2002 // As forecasters warn that the number of Atlantic hurricanes is likely to increase, and that the storms might become more violent, Long Island may be more exposed to storm related risks than other east coast areas.An article...
Jun 4 2002 // Experts are predicting an active hurricane season (See IJ Website June 3), and as a result Newark CA-based Risk Management Solutions (RMS), a leading provider of products and services for the management of natural hazard...
Jun 3 2002 // Both the National Association of Professional Insurance Agents (PIA) and the Insurance Information Institute (III) have issued bulletins warning homeowners and businesses to prepare for an active hurricane season.According...
May 22 2002 // While it might be a more urgent priority in Florida or Texas rather than New York, hurricanes and tropical storms can nonetheless cause extensive damage all along the eastern seaboard.It’s not surprising therefore...
May 20 2002 // Swiss Re will sponsor a water resources project in Northeastern Brazil in conjunction with World Vision, an independent environmental organization, and . will offer hurricane advice to the media by weather forecasting...
Feb 25 2002 // The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a given event happening; what are the upper and lower limits of a catastrophic...
Feb 25 2002 // What is a Hurricane? A hurricane is a type of tropical cyclone—a generic term for a low pressure system that generally forms in the tropics. The cyclone is accompanied by thunderstorms and, in the Northern Hemisphere, a...
Feb 25 2002 // In the summer of 2001, a U.S. District judge in Arkansas ruled against several farmers accused of filing false crop insurance claims totaling approximately $244,000. Key evidence in the lawsuit—filed on behalf of the...
Feb 25 2002 // The increasingly sophisticated business of constructing catastrophe models is driven by three main imperatives: what are the chances of a given event happening; what are the upper and lower limits of a catastrophic...