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835 Search Results for: Hurricane

... higher capital requirements imposed on them in the wake of Hurricane Katrina by ratings agencies, requirements that oblige insurers to ... commercial lines pricing environment, with the exception of hurricane exposed property and property catastrophe reinsurance is in progress. ...

... policies provide coverage for damage from windstorms such as Hurricane Lili. These policies, however, do not cover damage from ... declines. The $15.5 billion insurance claim payout from Hurricane Andrew in 1992 is the most costly natural disaster loss in U.S. ...

... 150 times all direct insured losses to U.S. property from Hurricane Irene. The industry is strong, well-capitalized, and capable of ...

... and severe flooding in Australia in January and February. Hurricane Irene, which caused an estimated $3 billion to $4 billion in insured ...

... their frequency for the past ten years. The 2006 hurricane season produced only one storm of catastrophe proportions, Tropical ... $250 million in insured property damage. The National Hurricane Center recently reported that a tropical system that formed in July ...

... most expensive for insurers due to the fact that the peak of hurricane season occurs in September. The most significant catastrophe so far in 2008 was Hurricane Ike, which roared ashore in Galveston, Texas, on September 13 as a ...

... the slowdown. The major exception to this general trend is hurricane-exposed coastal property insurance coverages, where insurers are ... imposed on them by ratings agencies in the wake of Hurricane Katrina—requirements that oblige insurers to demonstrate an ability ...

... in insured losses in 2005, $40.6 billion of which was due to Hurricane Katrina. The first quarter is generally light on catastrophe losses. ... a repeat of the 1906 San Francisco earthquake, to a strong hurricane striking Miami or New York, to a major terrorist attack. The 2007 ...

... There were 16 named storms this Atlantic hurricane season, making 2008 the year with the fourth-highest number of named ... Administration (NOAA) said that this is the tenth hurricane season in the past 14 years to produce above-normal storm activity in ...

... Carolina’s Carteret and Dare counties are two of the most hurricane-prone municipalities in the U.S., and northeastern states such as New ... ̽»¨¾«Ñ¡ Information Institute (I.I.I.).   “Hurricane Earl has already proven to be a destructive storm, causing an ...