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- The other shoe drops in Mississippi
- NORMAN and Genevieve Broussard are among the hundreds, maybe thousands, of people in coastal Mississippi who returned to their homes following Hurricane Katrina and found nothing but a foundation. When they filed a claim with their insurer, State Farm, they were told they were out of luck because the loss...
- Research articles 2007-02-01
- Flower power.(intervention)
- BUILT IN 1878, SAN FRANCISCO'S Conservatory of Flowers--North America's oldest public wooden greenhouse--has survived its share of catastrophes, including three major earthquakes. But a 1995 windstorm proved more than its redwood-and-glass walls could take; severe structural damage forced the conservatory to close. ...
- Research articles 2005-02-01
- National Windstorm Impact Reduction Act of 2004.(Pending Legislation)(Brief Article)
- National Windstorm Impact Reduction Act of 2004 (H.R. 3980) has been passed by the House. Authorizes $22.5 million in FY06 and $25 million in FY07 to FEMA, the National Science Foundation, National Institute of Standards and Technology and the National Oceanic and Atmospheric Administration to develop...
- Research articles 2004-11-02
- 2002 Ad
- THE WASHINGTON, D.C.--BASED COUNCIL OF Insurance Agents and Brokers' Commercial Insurance Market Index for the first quarter of 2002 confirms the April announcement by President Bush that Congress' failure to enact a federal backstop for terrorist acts is spreading distress deep into the nation's economy. Six months after Sept. 11,...
- Research articles 2002-06-01
- Counties may seek federal aid for damage
- Byline: SCOTT MABEN The Register-Guard Public utilities, local cities and Lane County suffered at least $4.5 million and possibly more than $6 million in uninsured losses related to the Feb. 7 windstorm, according to a preliminary damage assessment compiled by the county. Those losses will...
- Research articles 2002-02-23
- AIR Technology Supports Trinom Ltd Securitization; Innovative Models Applied in Multi-Peril, Multi-Region Cat Bond
- Business/Technology Editors BOSTON--BUSINESS WIRE--Aug. 3, 2001 Applied Insurance Research, Inc. AIR has applied two of its most innovative modeling technologies to the securitization of catastrophe risk. The Boston-based catastrophe modeling firm provided the risk analysis in support of the recently completed Trinom Ltd. transaction, which raised $161.8 million...
- Research articles 2001-08-03
- Windstorms will impact SAFECO's fourth quarter results
- SEATTLE--BUSINESS WIRE--Jan. 3, 1996--SAFECO Corp. today announced that it expects approximately $20 million in losses from the severe windstorms which struck the Pacific Coast on Dec. 11 and 12, 1995.These claims are concentrated in Northern California, Oregon and Western Washington.The company expects to release its fourth quarter results on Jan....
- Research articles 1996-01-03
- U.K. windstorm risks focus of new models and analysis efforts.
- LONDON - New initiatives are emerging to provide more advanced analysis and prediction of U.K. windstorm risks. U.K.-based reinsurance broker Willis Faber Re and the U.K. Meteorological Office recently launched a new, joint venture computerized windstLONDON - New initiatives are emerging to provide more advanced ...
- Research articles 1998-09-07
- U.K. windstorm risks focus of new models and analysis efforts
- MATTHEW MacDERMOTT LONDON - New initiatives are emerging to provide more advanced analysis and prediction of U.K. windstorm risks. U.K.-based reinsurance broker Willis Faber Re and the U.K. Meteorological Office recently launched a new, joint venture MATTHEW MacDERMOTT LONDON - New initiatives are emerging to...
- Research articles 1998-09-07
- Don't be Blown Away! Tornado Season Is in Full Swing - Advance Planning and Quick Responses are the Keys to Survival, Warns the I.I.I.
- Each year, one thousand tornadoes are reported in the United States. In 2002, there were over 843 tornadoes causing 55 deaths and thousands of injuries. Before the start of the 2003 tornado season, there have already been 60 of these windstorms resulting in 10 deaths. The largest tornado-related loss in...
- White papers 2003-04-02
Additional Resources
- Odyssey Re Holdings Corp. Estimates Impact of Windstorm Erwin and Additional Storm Losses
- STAMFORD, Conn. -- Odyssey Re Holdings Corp. (NYSE: ORH) announced today that it expects after-tax net losses in the range of $26 million to $29 million during the first quarter of 2005 from Windstorm Erwin and an increase in previously estimated losses from the Florida Hurricanes, Typhoon Songda and the...
- Research articles 2005-04-01
- Other rating news. (Advertisement: Fitch Ratings).(Florida Windstorm Underwriting Association, Folgate Insurance Company Limited, and State Farm Mutual Automobile Insurance Co.)(Brief Article)
- In other rating news, Fitch Ratings has assigned an 'A' senior debt rating to Florida Windstorm Underwriting Association's FWUA $750 million senior secured pre-event note issue (Series 1997A). In addition, Fitch affirmed the 'AAA' rating of FWUA's In other rating news, Fitch Ratings has assigned...
- Research articles 2002-05-06
- AGF risks securitized; Windstorm, quake covered.(Assurances Generales de France Group)(Brief Article)(Statistical Data Included)
- PARIS-Seeking to protect against windstorm and earthquake losses in France, a unit of Assurances Generales de France Group has issued catastrophe bonds providing $129 million of reinsurance protection. The multiyear deal by AGF Incendie Accidents Reassurances Transport, a subsidiary of Paris-based AGF, is the...
- Research articles 2000-12-04
- Updates; Munich Re issues cat bond for windstorm risk.(World)(Willis Group Holdings Ltd acquires JH Asesores y Corredores de Seguros S.A and K.R. Amlin P.L.CAthos Consultoria e Correctora de Seguro de Vida s/c Ltda)(Marsh Ltd launches new division)(Amlin
- Munich Reinsurance Co. has placed catastrophe bonds worth 110 million euros ($129.9 million) to provide the reinsurer with added protection against Western European windstorm losses until 2009. The bonds have a term of Nov. 18, 2005, until March 31, 2009. They will be triggered in the...
- Research articles 2005-11-28
- Windstorm Insurance Network Gives $25,000 to American Red Cross for Hurricane Charley Relief
- PORT CHARLOTTE, Fla. -- The Windstorm Insurance Network, Inc., http://www.windnetwork.com, today donated $25,000 to the Charlotte County Chapter of the American Red Cross to support disaster relief efforts in the aftermath of Hurricane Charley.
- Research articles 2004-08-30
- AXIS Capital Estimates Net Losses from Windstorm Kyrill Will Be $40 - $55 Million
- PEMBROKE, Bermuda -- AXIS Capital announced today that net losses related to Windstorm Kyrill are expected to be between $40-$55 million. These losses will arise principally from its reinsurance segment.
- Research articles 2007-02-01
- Florida Legislators Advance Bills to Control Rates for Windstorm Insurance.
- By Kevin Krause, South Florida Sun-Sentinel Knight Ridder/Tribune Business News Feb. 26--TALLAHASSEE, Fla.--A windstorm insurance bill that passed House and Senate committees Monday would protect South Florida homeowners from future exorbitant rate increases, but legislators said they still hope to also...
- Research articles 2002-02-26
- Insurers, Roofers in High Demand after Muldoon, Alaska, Windstorm.(Knight Ridder/Tribune Business News)
- Feb. 5--A few inches of new snow hid most evidence of Tuesday night's 100-plus mph windstorm from the casual observer. But black splotches amid slush and puddles of a Muldoon neighborhood street are evidence of what happened. That and the roofing contractors swarming the...
- Research articles 2000-02-09
- Fitch Ratings Assigns 'A' Sr. Debt Rtg To Florida Windstorm
- Business Editors CHICAGO--BUSINESS WIRE--April 16, 2002 Fitch Ratings has assigned an 'A' senior debt rating to Florida Windstorm Underwriting Association's FWUA $750 million senior secured pre-event note issue (Series 1997A). In addition, Fitch affirmed the 'AAA' rating of FWUA's $1.0 billion senior secured pre-event note issue (Series 1999A)...
- Research articles 2002-04-16
- Fitch Ratings Publishes Report On Florida Windstorm
- Business Editors CHICAGO--BUSINESS WIRE--May 28, 2002 Fitch Ratings has published a credit analysis report on Florida Windstorm Underwriting Association's FWUA $1.75 billion senior secured pre-event notes: $750 million 'A' rated issue (Series 1997A) and $1.0 billion 'AAA' rated guaranteed issue (Series 1999A) insured by MBIA Insurance Corporation. The...
- Research articles 2002-05-28
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