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- Health insurers waive rules for Katrina victims.(News)(Hurricane Katrina, 2005)
- Byline: GLORIA GONZALEZ Health insurers are waiving normal requirements for employers and members located in states directly affected by Hurricane Katrina, offering uninterrupted medical and dental coverage, even if premiums are not paid on time, Byline: GLORIA GONZALEZ Health...
- Research articles 2005-09-12
- MetLife Takes a Number of Actions to Help Victims of Hurricane Katrina; MetLife Foundation Donating $1 Million for Hurricane Relief; Insurance Coverage for Residents of Disaster Areas Will Not Lapse
- NEW YORK -- Mobile Catastrophe CAT Vehicles Dispatched; 800 Numbers Established for Claims, Katrina Information Center Available on MetLife.com
- Research articles 2005-09-08
- GE Comments on Hurricane Katrina and Reaffirms Third Quarter Outlook and Total Year 2005 Earnings per Share Guidance of $1.80 to $1.83; Continues to Execute Strategy to Reduce Investment in Insurance
- FAIRFIELD, Conn. -- General Electric Company Chairman and CEO Jeffrey R. Immelt today said that GE's earnings forecast for third quarter and full year 2005 remain on track:
- Research articles 2005-10-03
- Hurricane Katrina fallout sparks class-action lawsuit craze
- Chalmette resident Charles Roose, wearing rubber boots and knee- high, cut-off jeans, wades through his front yard pointing to dried- up plants and continuous black stains running 4 feet from the ground across his house and 1,250-square-foot garage.Roose, a car collector, runs his finger along the bottom of his 1985...
- Research articles 2005-11-28
- Hurricane Katrina: A Market-Turning Event?
- The psychological influences of an event, such as Katrina, are strong - especially when heading into a renewal season. With a rebuilding effort that will take months, it is difficult for underwriters to forget about the exposures that are possible in this business. This white paper explores the impact of...
- White papers 2005-09-01
- Rules Rather Than Discretion: Lessons From Hurricane Katrina
- This paper explores options for programs to be put in place prior to a disaster to avoid large and often poorly-managed expenditures following a catastrophe and to provide appropriate protection against the risk of those large losses which do occur. The lack of interest in insurance protection and mitigation by...
- White papers 2006-08-01
- Report on Legal Precedents Relevant to Hurricane Katrina Losses
- This report identifies several insurance coverage issues likely to arise in the wake of Hurricane Katrina in the following lines of insurance: personal lines; commercial lines; DIC coverage; marine/energy; and reinsurance. The discussion that follows is based on existing case law in the relevant jurisdictions to the extent available that...
- White papers 2005-09-01
- Hurricane Katrina: Analysis of the Impact on the Insurance Industry
- Towers Perrin estimates direct industry loss from Katrina at $40 to $55 billion as of September 30, 2005. This paper presents an analysis which includes line-of business estimates; how losses will be split among insurers, reinsurers and capital markets; a look at hurricane frequency and severity; risk management implications; and...
- White papers 2005-10-01
- A Guide to Insurance Coverage for Losses From Hurricane Katrina
- Many insurance policies have been lost or destroyed by Hurricane Katrina or in its aftermath. Many insurance policies also are written in a complicated, and often unclear fashion. The problem is magnified by the fact that the losses involved may trigger different coverage provisions, be subject to different requirements, and...
- White papers 2005-09-09
Additional Resources
- Aspen Updates its Assessment of Losses Sustained from Hurricane Katrina and the New Orleans Flood and Announces its Initial Assessment of Losses from Hurricane Rita
- HAMILTON, Bermuda -- Aspen Insurance Holdings Limited (the "Company") (NYSE:AHL) (BSX:AHL BH) today announced that it has updated its assessment of estimated losses from Hurricane Katrina and the New Orleans Flood. Based on information available and evaluations to date, the Company estimates that its retained losses, after recoveries from its...
- Research articles 2005-10-03
- Pan-American Life Insurance Company Reports 2005 Results; Overcomes Challenges from Hurricane Katrina to Accomplish Major Corporate Goals
- NEW ORLEANS -- Pan-American Life Insurance Company, a leading international insurance company providing life insurance, group life and health, and worksite benefits, today reported 2005 statutory revenues of $242.3 million and a net loss of $4.5 million. This includes a $5.2 million business recovery expense related to Hurricane Katrina and...
- Research articles 2006-03-20
- EMC Insurance Group Inc. Comments on Hurricane Katrina and Reaffirms Annual Guidance of $2.15 to $2.40 Per Share
- DES MOINES, Iowa -- EMC Insurance Group Inc. (Nasdaq:EMCI) today announced that losses associated with Hurricane Katrina are expected to range from $0.28 per share to $0.32 per share. Losses in the property and casualty insurance segment are expected to range from $3.4 million to $3.7 million and reinstatement premiums...
- Research articles 2005-09-06
- The Aftermath of Hurricane Katrina: A Fitch Ratings Webcast & Teleconference
- NEW YORK -- Fitch Ratings, on Thursday, April 27 at 11:30 a.m. EDT, will hold an audio webcast and teleconference to provide its views on the after effects of Hurricane Katrina and the repercussions in the region. Specifically, analysts from Fitch's U.S. Public Finance, Insurance and Structured Finance teams...
- Research articles 2006-04-24
- Update: The Aftermath of Hurricane Katrina: A Fitch Ratings Webcast & Teleconference
- NEW YORK -- (This is an amended version of a press release issued today. It contains an updated Webcast hyperlink URL). Fitch Ratings, on Thursday, April 27 at 11:30 a.m. EDT, will hold an audio webcast and teleconference to provide its views on the after effects of Hurricane Katrina...
- Research articles 2006-04-24
- State Farm's $9-bil. blow; Insurer racks up record-setting tab in Katrina's wake.(State Farm Mutual Automobile Insurance Co. company losses due to Hurricane Katrina)
- Byline: STEVE DANIELS State Farm Insurance Cos. sustained between $8 billion and $9 billion in losses from Hurricane Katrina, a record for an insurer from a single storm. A quarterly financial filing last week with the Illinois Division of Insu ...
- Research articles 2005-11-21
- Katrina's next wave: agents' E&O coverage could become the next liability target nationwide.(Hurricane Katrina)(Cover story)
- In June 2005, at the start of the worst hurricane season on record, Elmer and Alexa Buente bought a new home in Gulfport, Miss. Just a few months later, Hurricane Katrina crashed into the Gulf Coast, severely damaging the Buentes' new home. The home was damaged by...
- Research articles 2006-06-01
- Lloyd's forecasts 'significant' claims from Hurricane Katrina
- LONDON AFP — Lloyd's, the world's biggest insurance underwriting market, predicted that the devastating impact of Hurricane Katrina would result in a "significant" number of claims. "Lloyds expects to receive significant insurance claims as a result of Hurricane Katrina, predominantly in relation to offshore energy installations in the Gulf...
- Research articles 2005-08-30
- A.M. best comments on hurricane Katrina's impact.(A.M. Best Co.)(Brief Article)
- In response to Hurricane Katrina, A.M. Best Co. has begun to aggregate public and private information in order to assess the financial impact it will have on the global property/casualty insurance and reinsurance industry. A.M. Best expects that virt In response to Hurricane Katrina, A.M. Best...
- Research articles 2005-10-01
- Statement of U.S. Labor Secretary Elaine L. Chao on Jobs and Income Support for Hurricane Katrina Evacuees
- WASHINGTON, Sept. 6 /U.S. Newswire/ -- U.S. Secretary of Labor Elaine L. Chao issued the following statement on the Department of Labor's efforts to assist the victims of Hurricane Katrina after briefing members of Congress today: "Our hearts go out to the survivors of Hurricane Katrina. The Department...
- Research articles 2005-09-06
- Solutions.(Hurricane Katrina Disaster recovery)(CARGO tracking device to reduce cargo theft)(RegEd Inc., introduces new product)
- DOC MANAGEMENT AIDS DISASTER RECOVERY Joseph Maiorana Insurance Agency Inc., a New Orleans, Louisiana-based firm, credits Cabinet NG Inc., Huntsville, Ala., with enabling the agency to remain in business in the aftermath of Hurricane Katrina. Since 2003, the agency based its firm-wide document management...
- Research articles 2006-01-01
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