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835 Search Results for: Hurricane

... despite record vehicle-related losses arising from the 2005 hurricane season. The projected increase represents a continued slowdown from ...

... in August marks the beginning of the most active period for hurricane season, and multiple tropical storms are forming now to prove it. ... in Florida than there were three years ago. At the height of hurricane season, homeowners should not wait any longer to consider the ...

... 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鈥攔equirements 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 ...