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... States and world history, easily ending the 13-year reign of Hurricane Andrew as the most expensive natural disaster (about $21 billion in ... insurers is so important. Entering the 2005 hurricane season, several key measures of insurance industry financial strength ...
... weak economy and depressed investment environment. A major hurricane striking the coast of Florida in 2010 would cost no less, and would ... according to ISO’s PCS unit. Given the very active 2010 hurricane season, insurers were extremely fortunate that no major storms made ...
...  TAMPA, FL, December 1, 2011 — Hurricane Season 2011 is one for the record books, marking the longest stretch without a hurricane in Florida since the National Hurricane Center began tracking back to ...
... positive information about a house. A home damaged by a hurricane, for instance, may have a brand new roof which could be very ... is subject to a separate percentage deductible if a hurricane strikes. These deductibles can range from one to fifteen percent of ...
... potential for high catastrophe losses during this year’s hurricane season, the prospect of high underwriting losses associated with ...
... much better than expected, and a reasonable fourth quarter (Hurricane Wilma notwithstanding) should push overall profitability for 2005 ... for the Fortune 500 group of companies this year. Prior to Hurricane Katrina the industry was on a trajectory to record its highest level ...
... higher capital requirements imposed on them in the wake of Hurricane Katrina by ratings agencies; requirements that oblige insurers to ... insured losses in 2005, $40.6 billion of which was due to Hurricane Katrina. The first half is generally light on catastrophe losses and ...
... 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 ...
... Programs Since 2005 NEW YORK, August 29, 2008 - Hurricane Gustav is making its way this weekend into the Gulf of Mexico and ... next week in Louisiana, almost three years to the day after Hurricane Katrina hit that state and set into motion events that caused the ...
... NEW YORK, August 23, 2011 — While the path of Hurricane Irene is uncertain this week, one possible target is the Carolinas, which incurred historic damage from Hurricane Hugo in 1989.  ̽»¨¾«Ñ¡ companies paid nearly $4.2 billion ...