Tag: Louisiana

Hurricane Isaac may cause $1.5 billion in damage

S.Vagus
Hurricane Isaac Homeowners Insurance Industry Damages

Eqecat predicts the havoc caused by Hurricane Isaac Hurricane Isaac may cause more than $1.5 billion in damage as it makes its way through Louisiana, according to Eqecat, a leading catastrophe modeling firm. The hurricane, which made landfall earlier in the week, is expected to makes its way through Louisiana, Mississippi and Alabama. Thus far, the storm has caused a significant amount of damage in and has left more than 644,000 people across several states without power. Eqecat suggests that Hurricane Isaac is just reaching its stride and the storm…

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Citizens Property Insurance prepares for Tropical Storm Isaac

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Tropical Storm Isaac

Citizens Property Insurance begins preparations for a potentially powerful storm Florida’s Citizens Property Insurance is preparing for the coming of Tropical Storm Isaac. The storm has lashed the Florida Keys, causing a modest amount of damage in the region, but is making its way further into the Gulf of Mexico. The storm is expected to make landfall, where the National Hurricane Center suggests that it could gain hurricane strength. The government agency has issued warnings stretching from Louisiana to parts of the Florida panhandle, encouraging states and consumers to prepare…

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Louisiana consumers encouraged to examine their flood insurance policies

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New York Homeowners Insurance Rules

Commissioner Donelon advises consumers to make sure they are protected by their insurance policies Tropical Storm Ernesto has formed in the Gulf of Mexico and is expected to cause some damage in Belize and Mexico. Though U.S. states are not expected to see any significant impact from the storm, Louisiana’s Insurance Commissioner, Jim Donelon, is taking the opportunity to encourage consumers to make sure they insurance policies are capable of protecting them. Commissioner Donelon notes that because Ernesto is not expected to hit Louisiana that it is unlikely for future…

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Tornadoes Rip through Sections of Dallas-Fort Worth

Guest Author

BOSTON, April 4, 2012 – According to catastrophe modeling firm AIR Worldwide, just one month after a notable tornado outbreak across parts of the Midwest and the Southeast, a severe thunderstorm on April 3 spawned up to 10-12 tornadoes that caused extensive, though localized, damage due to high winds, heavy rain, and hail in seven counties in the Dallas-Fort Worth region of Texas. The suburban communities of Arlington and Lancaster experienced significantly damaged buildings, with several homes and businesses flattened by the tornadoes. In Lancaster alone, 300 structures were damaged…

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Tropical Storm Lee Threatens Much of the Gulf Coast with Heavy Rainfall; Landfall

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BOSTON, Sept. 2, 2011 – According to catastrophe modeling firm AIR Worldwide, Tropical Depression 13 has strengthened to Tropical Storm Lee. Lee is currently 200 miles southeast of Cameron, Louisiana, and 210 miles southwest of the mouth of the Mississippi River. Maximum sustained winds are 40 mph, up from 35 mph earlier today, and Lee’s tropical storm-force winds extend outward for 200 miles. The storm is moving very slowly north through the Gulf of Mexico, at 2 mph. A tropical storm warning has been issued for Pascagoula, Mississippi, west to…

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