Latest Windstorm Headlines

All the headlines from our Windstorm Topic Page, ordered by recency.

$395 Million Approved for Flood, Tornado Recovery in Iowa

Oct 20 2008 // Iowa communities are getting help recovering from a series of natural disasters this year with nearly $395 million in state and federal funding.The money will go to at least 3,200 projects. The biggest chunk of it, about...

Storms’ Toll Takes on Many Forms

Oct 20 2008 // The industry group says at least $553.1 million in insured losses were left by remnants of Hurricane Ike, which swept through the state on Sept. 14.The economic crisis with the failures of Lehman Brothers, then AIG, and...

Carvill Offers Options on Individual Named Storms

Oct 20 2008 // Carvill Capital Markets recently listed named storm contracts on the Chicago Mercantile Exchange, providing coverage for live hurricanes and for an entire hurricane season.Patrick Gonnelli, president of Carvill Capital...

Carvill Offers Options on Individual Named Storms

Oct 20 2008 // Carvill Capital Markets recently listed named storm contracts on the Chicago Mercantile Exchange, providing coverage for live hurricanes and for an entire hurricane season.Patrick Gonnelli, president of Carvill Capital...

Ike is Costliest Storm in Texas History; Price Tag Now More Than $11B

Oct 13 2008 // A month after Hurricane Ike pounded the island, piles of sheetrock, appliances, furniture and family mementos dot most streets in Galveston. Electronic road signs in Southeast Texas flash, “Watch for cows next 20...

Hurricane Ike’s Windstorm Costs Insurers $550 Million in Ohio Damages

Oct 9 2008 // Winds from Hurricane Ike will cost insurance companies at least $553.1 million to cover property damage and other losses in Ohio, making it the state’s most expensive natural disaster in more than three decades, a...

Ike Claims for Texas Windstorm Pool May be Less Than Expected

Oct 9 2008 // Two weeks after Hurricane Ike hit Galveston, Texas, on Sept. 13, the Texas Windstorm Insurance Association, the state’s insurer of last resort for wind coverage along the coast, was fielding thousands of claims per...

Ohio’s Recent Windstorm Could Rival State’s Costliest at $600 Million

Oct 8 2008 // Ohio insurers say losses from last month’s windstorm will rival those from the state’s costliest natural disaster of recent decades. The 1974 tornado that devastated the western Ohio city of Xenia caused about...

Louisiana Lawmakers Seek Limit on Named Storm Deductibles

Oct 7 2008 // Key Louisiana lawmakers plan to challenge property insurers by trying to limit the special deductibles they can impose when homes are damaged by tropical storms and hurricanes.The so-called “named-storm”...

Carvill Offers Options on Individual Named Storms

Oct 6 2008 // Carvill Capital Markets recently listed named storm contracts on the Chicago Mercantile Exchange providing coverage for live hurricanes and for an entire hurricane season.Patrick Gonnelli, president of Carvill Capital...

Texas Windstorm Insurance Association Answers Policyholder FAQs

Oct 1 2008 // In an attempt to clear-up some of the confusion regarding claim filing and what is covered by the Texas Windstorm Insurance Association, the group has issued answers to the following frequently asked questions:Question:...

Ohio Wind Storm Damage Estimates Could Top $500 Million

Sep 29 2008 // Damage caused by the wind storm that ripped across Ohio Sept. 14 could hit $500 million or higher, making it one of the state’s costliest natural disasters.The Ohio Insurance Institute says $500 million is a...

Southeast Coastal Storm to Bring Brisk Winds, Waves

Sep 25 2008 // Powerful winds promised to scour the Southeast coast with strong winds and heavy seas, though residents were taking the promise of 50-mile-an-hour gusts in stride. The National Weather Service issued high wind warnings for...

Too Early to Tell if Kentucky Windstorm will Increase Insurance Rates

Sep 24 2008 // The Kentucky Office of Insurance says it’s too early to tell if the severe winds caused by the remnants of Hurricane Ike will result in insurance rate hikes.The Courier-Journal reported insurers have received tens of...

Wis. Officials: Snow Storm Communications Helped in Flood Response

Sep 23 2008 // Wisconsin emergency management officials say a lack of communication during the 2008, February snow storm backup taught them how to better respond to this spring’s floods. The state Homeland Security Council issued a...

Kentucky’s ‘Worst Storm on Record’ Prompts Disaster Declaration Request

Sep 23 2008 // Kentucky Gov. Steve Beshear requested a presidential disaster declaration to help recover costs for public damages suffered in some 70 counties and cities across the commonwealth.As of Sept. 19, Beshear said 29 counties...

South Dakota Teepees Damaged in Storm Covered by Insurance

Sep 22 2008 // Officials of the Wakpa Sica (WAHK’-pah SEECH’-uh) Reconciliation Place on the outskirts of Fort Pierre, South Dakota will spend this fall and winter repairing teepees that were damaged by a summer storm.Hail,...

Rhode Island Marks 70th Anniversary of Its Most Destructive Storm

Sep 21 2008 // Downtown Providence was flooded and neighborhoods were destroyed. A group of school children who drowned after their bus was swept off the road were among the hundreds killed.It’s been 70 years since a catastrophic...

Storm Surge Not Covered in Texas Windstorm Association Policies

Sep 19 2008 // A Texas consumer group took issue with the state-chartered windstorm insurance association over its refusal to pay coastal residents for storm surge damage in Hurricane Ike.The Texas Windstorm Insurance Association says it...

Kentucky Checking Insurer Response to Storm Damage

Sep 19 2008 // The Kentucky Department of Insurance continues to assess insurance company response to the devastating Sept. 14 windstorms.The storms caused widespread damage, according to reports that insurers submitted to DOI, but...