Catastrophe & Restoration

The Florida Legislature is considering a bill that would establish an annual hurricane deductible for insurers and lower the threshold of losses that an insurer must sustain before recovering monies from the Florida Hurricane Catastrophe Fund.

Hurricane activity in the Atlantic Basin again will be above average this year, according to forecasting teams from North America and the United Kingdom.

The report dissects the human devastation and examines the extent of damage and the economic impact for each country affected by one of the worst natural disasters ever recorded.

When he reminded attendees at the 2005 Windstorm Conference that predicting hurricane landfall was still far from being an exact science, Max Mayfield was probably preaching to the choir.

Earthquakes and tropical cyclones made 2004 an extraordinary year, according to Munich Re's annual review of natural catastrophes.

Natural catastrophes and terrorist attacks can place enormous financial demands on the insurance industry, resulting in higher premiums and substantially reduced coverage.

Well, here we are in the center of Fiesta, otherwise known as Mardi Gras, minus the aura of New Orleans.

Nearly 4,000 people die each year in fires at home, according to a new study released by the Federal Emergency Management Agency's U.S. Fire Administration.