Entries Tagged 'Orlando Homeowners Insurance' ↓

TIJERAS, N.M.

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Feds prepare for another busy US fire season

MIAMI (Reuters) – The 2012 Atlantic hurricane season is projected to be less active than in recent years with 11 tropical storms, six of which will intensify into hurricanes, U.S. private forecaster Weather Services International said on Wednesday. Two of the six hurricanes will be major with winds of …

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Fewer storms forecast for 2012 Atlantic hurricane season

The Federal Emergency Management Agency on Wednesday stepped up pressure on Congress to reauthorize the National Flood Insurance Program (NFIP).

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FEMA warns Congress clock is ticking on flood insurance program

RICHMOND, Va.—The Virginia Supreme Court last week affirmed its ruling that Steadfast Insurance Co. has no obligation to defend or indemnify Arlington, Va.-based AES Corp. in a climate change liability suit.

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Climate change case ruling favors insurer in coverage dispute

Last weekend, more than 100 tornadoes tore across the Plains states, smashing homes, tossing cars and killing six people. This might have counted as a rousing start to the spring tornado season, except for the dozen or more twisters that struck Dallas and Fort Worth earlier this month and …

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Do Emissions Cause Tornadoes? Climate Service Would Know

If a hurricane is downgraded to a tropical storm before it hits Connecticut, property-casualty insurers could not apply higher, so-called “hurricane deductibles” under a new bill that unanimously passed the state House Wednesday. The legislation also protects homeowners and business owners from price gouging by vendors who charge for …

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Conn. State Bill Regarding Hurricane Deductibles Passes House Unanimously

WASHINGTON – The Florida Legislature’s attempt to speed building permits and kickstart construction has inadvertently put the state’s homeowners in jeopardy of being booted out of the National Flood Insurance Program.

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Florida flood insurance put at risk

PITTSBURGH (Reuters) – As weather disasters strike with more frequency, U.S. homeowners first get hit with the destruction or total loss of property

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U.S. insurers rethink coverage after weather disaster payouts

If 2012 is anything like 2011 in the amount of storms and resulting losses, property/casualty insurers may shrink in number, according to a new Guy Carpenter study. Tornado activity this year so far is already high with 272 tornadoes, according to EQECAT. Last year, deadly twisters took the lives …

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Excess Stormy Weather Could Prompt P&C Insurers to Merge

Alarmed at the Obama administration’s proposed cuts to America’s tsunami warning and preparedness programs, six U.S. senators from California, Oregon, Washington and Hawaii on Tuesday demanded the money be put back in the budget. In a letter to Senate Appropriations Committee Chairman Daniel Inouye, D-Hawaii, the six, including California …

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Senators demand Obama tsunami program cuts be restored