Fitch: Ivan Could Force Extra Charges Onto Florida Policies
- Cayman insurers hit hard by hurricane. Roberts, Sally // Business Insurance;9/20/2004, Vol. 38 Issue 38, p59
This article focuses on Grand Cayman's insurers. Hurricane Ivan losses in Grand Cayman are bad news for local insurers. While total insured losses were undetermined as of late last week, A.M. Best Co. hinted with ratings moves that three local insurers could be heavily impacted by the storm. The...
- Retro market 'wiped out' after losses from Katrina. Souter, Gavin; Veysey, Sarah // Business Insurance;9/26/2005, Vol. 39 Issue 39, p15
Focuses on the impact of the insurance losses resulting from the onslaught of Hurricane Katrina on retrocessional reinsurance programs and other high-layer insurance coverages in the U.S. Estimated value of the insured losses; Increase in the retrocessional reinsurance rate in 2006; Information...
- Florida Could Issue Billions If Hurricane Frances Hits Home. Sigo, Shelly // Bond Buyer;9/2/2004, Vol. 349 Issue 31961, p1
Reports on possible issuance of bonds by Florida to cover the insurance claims for the damages that hurricane Frances will cause. Reference to the damages caused by hurricane Charley to the state; Potential of hurricane Frances to trigger a bond sale if it hits the area; Preparation made by the...
- Gustav Claims Rise, With Ike On The Way. RUQUET, MARK E. // National Underwriter / P&C;9/15/2008, Vol. 112 Issue 34, p7
The article focuses on the devastations caused by Hurricane Gustav in the U.S. State Farm, the top personal lines insurer in four states has suffered the most, taking 41,827 homeowners and 5,800 auto claims. However, 99% of State Farm's claims at last count were from Louisiana. Allstate also...
- Beyond Boundaries. CanagaRetna, Sujit M. // State News (Council of State Governments);Oct2005, Vol. 48 Issue 9, p11
Focuses on the economic impact of Hurricane Katrina across the U.S. Estimated insured losses caused by the hurricane; Effect of the hurricane on the oil product of the Gulf Coast; Impact of the hurricane on the movement of ports in the region.
- Hurricanes, other cats cost insurers $75 billion. Veysey, Sarah // Business Insurance;1/9/2006, Vol. 40 Issue 2, p25
The article reports on the results of insured losses estimates from natural catastrophes in 2005 prepared by Munich Reinsurance. Hurricane Katrina in the U.S. is the largest single loss. The overall net loss from hurricanes is about ï¿½2.3 billion. Insured losses of about $2.5 billion was...
- Ivan: Three And Counting. Ruquet, Mark E. // National Underwriter / P&C;9/20/2004, Vol. 108 Issue 35, p6
Reports on the devastation caused by Hurricane Ivan in the U.S. States affected by the hurricane; Estimates of damages caused by the storm; Insured losses from the hurricane; Effect of the hurricane on in property and casualty insurance company.
- Dennis Menaces Offshore Platforms. Ruquet, Mark E. // National Underwriter / P&C;7/18/2005, Vol. 109 Issue 27, p6
The article focuses on the insurance damages related to hurricane Dennis, which is estimated by modeling firms to be in the $1 billion to $4 billion range. Even though catastrophe modelers put Dennis damage estimates below insured losses for Hurricane Ivan, a $7 billion storm that made landfall...
- Equity Analysts: Hurricane Charley's Billions In Insured Losses Should Be 'Manageable' Lysiak, Fran Matso // Best's Review;Sep2004, Vol. 105 Issue 5, p13
Details the views of several equity analysts on the losses from Hurricane Charley which hit Florida on August 13, 2004. Manageability of the losses from Hurricane Charley of the publicly traded companies that do business in the state; Estimated worth of the insured losses.