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... of the expectation for another active and destructive hurricane season. 2006: A Strong Start, But You Can’t Fool Mother Nature ... commercial lines pricing environment, with the exception of hurricane exposed property exposures and property catastrophe reinsurance. ...
... year. Though the experts were predicting a highly active hurricane season, no hurricanes struck the U.S., giving insurers and the areas ... out losses covered by residual market insurers, the Florida Hurricane Catastrophe Fund, and foreign insurers - ISO estimates the ...
... president and CEO. “With experts forecasting an active hurricane season, the $102.9 billion increase in policyholders’ surplus from ... the wind blows. Nonetheless, it only takes one storm like Hurricane Ike in 2008, Hurricane Katrina in 2005, or Hurricane Andrew in 1992 ...
April 17, 2013 Hurricane Sandy: Lessons Learned Six Months Later FOR IMMEDIATE ... NEW YORK, April 17, 2013 — Predictions for a severe 2013 hurricane season are a reminder to coastal residents to heed the lessons ...
... losses during the year ($10.7 billion of which was due to Hurricane Ike, according to ISO’s PCS unit) and secondly by continued ... billion in 2008, their highest level since 2005, the year of Hurricane Katrina. The 2008 total is 64 percent higher than the combined $15.9 ...
... TAMPA, FL, October 20, 2010 — Hurricane Wilma was the fifth costliest natural disaster in U.S. history, the sixth major hurricane of the record-breaking 2005 hurricane season. It struck Florida on ...
... NEW YORK, August 24, 2011 — While those tracking Hurricane Irene are correctly paying attention to wind speeds, it is important ... from the storm surge and torrential rains caused by a hurricane also can cause major damage, according to the ¾«¶«Ó°Òµ Information ...
... weak economy and depressed investment environment. A major hurricane striking the coast of Florida in 2010 hurricane season would cost no less, and would probably cost more, than the ...
... the sole 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 ...
... approaching the peak of what is expected to be a very active hurricane season. Insurers have already dodged two bullets, as Hurricane Bret—a category 4 storm—came ashore in August in Texas’ least ...