All the headlines from our Hurricane Topic Page, ordered by recency.
Feb 7 2018 // Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to panelists at the Insurance...
Feb 5 2018 // The Mississippi Insurance Department (MID) and the Mississippi Collision Repair Association have partnered to protect residents from buying cars damaged by Hurricanes Harvey and Irma.Officials say thousands of...
Feb 5 2018 // Mississippi’s insurance commissioner is pushing a bill to strip a tax subsidy and authority from the state’s insurer of last resort for hurricane-prone coastal residents.Commissioner Mike Chaney says the...
Feb 5 2018 // While natural weather hazard activity could be largely categorized as “normal” last year, regional exceptions occurred, notably: wildfires in California and hurricane activity in Texas and the...
Jan 31 2018 // Despite another year of bad weather, data from the Texas Department of Insurance (TDI) shows that justified consumer complaints continued to be low, the Insurance Council of Texas (ICT) reports.Out of 6.7 million policies,...
Jan 30 2018 // The Mississippi Insurance Department (MID) and the Mississippi Collision Repair Association are partnering on an initiative designed to protect residents from buying cars damaged by Hurricanes Harvey and Irma.Following the...
Jan 29 2018 // Record-breaking Hurricane Harvey became the second-costliest storm to hit the U.S. and dropped more rain than any other system ever.Harvey, the strongest hurricane to hit the U.S. since 2005, killed at least 103 people and...
Jan 29 2018 // As Jacob Lerma surveyed the skeletal beams of his suburban Houston home that was flooded during Hurricane Harvey, he kept muttering three words as he wondered if his family would ever be able to move back in: “I...
Jan 26 2018 // The Insurance Institute for Business & Home Safety (IBHS), headquartered in Tampa, Fla., has promoted Anne D. Cope, Ph.D., P.E., to senior vice president of Research and chief engineer.Cope has assumed leadership of...
Jan 26 2018 // Mississippi’s insurance commissioner is pushing a bill to strip a tax subsidy and authority from the state’s insurer of last resort for hurricane-prone coastal residents.Commissioner Mike Chaney says the...
Jan 25 2018 // CoreLogic’s annual Natural Hazard Risk Summary and Analysis shows that 2017 was a year of relatively average activity for most U.S. natural hazards with the exception of wildfires in California and flooding from...
Jan 24 2018 // Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of $353 billion, according to a report published by Impact Forecasting, Aon Benfield’s...
Jan 22 2018 // Baton Rouge, LA, January 22, 2018– Louisiana Citizens Property Insurance Corp. (‘LCPIC’), today announced its issuance of a new request for proposals pertaining to the company’s search for vendors to...
Jan 22 2018 // The Federal Emergency Management Agency (FEMA) was busy in 2017 as it supported 59 major disaster declarations and 16 emergency declarations, a year during which unprecedented disasters affected more than 25 million...
Jan 11 2018 // Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which has responded with a show of strength by continuing to fund reinsurance capacity, according to...
Jan 9 2018 // The Castillo de San Marcos withstood two sieges in 330 years and changed hands five times, but its latest invader – the rising Atlantic Ocean – threatens to erode the historic St. Augustine fortress. The coquina shell...
Jan 8 2018 // Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts.Parametric coverage is also gaining traction as hazard modeling...
Jan 5 2018 // A brutal winter storm smacked the coastal Southeast with a rare blast of snow and ice Wednesday, hitting parts of Florida, Georgia and South Carolina with their heaviest snowfall in nearly three decades.The same system...
Jan 3 2018 // The Federal Emergency Management Agency (FEMA) supported 59 major disaster declarations and 16 emergency declarations in 2017, a year during which unprecedented disasters affected more than 25 million Americans, almost...
Jan 2 2018 // Ross Hancock sold his four-bedroom house in Coral Gables, a city of pastel luxury at the edge of Miami, because he was worried that sea-level rise would eventually hurt his property’s value. He and his wife, Darlene,...