The federal housing program that began in the aftermath of 2005’s deadly hurricane season ended last Friday, but many residents along the Gulf Coast will likely remain in government-issued trailers, at least for a while. Nearly 5,000 families in Louisiana …
The Republican governors of Mississippi and Alabama and Louisiana’s top emergency official on Wednesday all endorsed the Obama administration’s choice to lead FEMA into the next hurricane season. Speaking at a tri-state hurricane training conference in Biloxi, the officials praised …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed the ICR of “bbb” and the debt ratings of …
Insurance companies should be restricted in their use of so-called “named storm” deductibles in Louisiana, even though the change will probably trigger a rate increase for homeowners, a House committee voted on Wednesday. Insurers in Louisiana and other states have …
Officials from three states of the Gulf Coast are meeting this week to discuss preparations for hurricane season. The 2009 Gulf States Hurricane Conference is being held Wednesday through Friday at the Coast Coliseum and Convention Center in Biloxi with …
All policies of Florida property insurer Coral Insurance will be cancelled as of May 31, 2009 and any unearned premiums will be returned to policyholders, under a state plan approved by a Leon County judge overseeing the receivership of the …
The 2009 Atlantic hurricane season will produce 11 tropical storms, of which six will become hurricanes, WSI Corp predicted Monday. The Andover, Massachusetts, private forecaster reduced its forecast from the one it issued in December, when it said the six-month …
For Galveston, Texas, and nearby coastal areas, the recovery from Hurricane Ike, the massive storm that devastated the Texas coast on Sept. 13, 2008, has been a slow and painful process. Now, a powerful new documentary co-produced by the Insurance …
Too busy fleeing from a hurricane to decide which evacuation route to take in Mississippi? You may want to check your cell phone or laptop for a tweet. Mississippi Department of Transportation officials will use the micro-blogging platform Twitter to …
Leon County Circuit Court Judge P. Kevin Davey ordered the Hollywood-based Coral Insurance Co., a residential property insurance provider in Florida, into receivership for the purpose of rehabilitation. The Department of Financial Services was named as the receiver as of …