Monday 5 September 2011

Weekly Reader Picks: Monday, September 5, 2011

Insurance Journal Weekly Reader Picks
September 5, 2011

Top 10 for the Past Week

1.Katia Becomes Hurricane East of Leeward Islands
Sep 1, 2011 -- Tropical storm Katia has become the second hurricane of the season, as it passes over the warm water of the Atlantic Ocean. The most recent bulletin from the National Hurricane Center in Miami at 2:00 a.m. EDT located the storm around 1065 miles, ...
2.Insurance Lawsuits to Follow Irene
Aug 31, 2011 -- As the water recedes from Hurricane Irene, lawyers are expecting disputes over insurance coverage to pour in. The biggest fights will stem from arguments over property damage and whether it resulted from wind or water, legal experts said. Similar ...
3.New Jersey Suffers Widespread Damage from Irene
Aug 29, 2011 -- Hurricane Irene swept along the New Jersey shore early Sunday, knocking down trees, leaving thousands of people without electrical power and causing flooding. New Jersey Governor Chris Christie cautioned residents and visitors, hundreds of thousands ...
4.Update: Irene State by State Estimates
Sep 2, 2011 -- Catastrophe modeling company Eqecat, whose software is used by insurers to predict exposure to disasters, estimated the economic losses in the United States from Hurricane Irene at more than $10 billion. Irene was the 10th weather-related disaster ...
5.Typhoon Talas Heading for Japan
Sep 2, 2011 -- A report from catastrophe modeling firm AIR Worldwide, notes that Typhoon Talas, which formed in the western Pacific on the 25th of August, is the  12th named storm of the 2011, according to the Japan Meteorological Agency (JMA). The typhoon is ...
6.Tropical Storm Katia Forms in Eastern Atlantic
Aug 30, 2011 -- The Miami-based National Hurricane Center is currently tracking Tropical Storm Katia, which formed earlier today out of tropical depression 12. The latest tropical storm of the already busy hurricane season is "moving quickly west-northwestward ...
7.Irene Insured Losses in U.S. at $3-$6 Billion; P/C Pricing Unlikely to Turn
Aug 29, 2011 -- Hurricane Irene caused $3 billion to $6 billion in insured losses, catastrophe modeling company AIR Worldwide said Monday, affirming the insurance industry's suspicion the impact was not as bad as feared. In the days leading up to Irene, some had ...
8.Irene Blamed for 38 Deaths; $20 Billion Economic Loss; Worst Flooding in Decades
Aug 30, 2011 -- New Jersey and Vermont struggled with their worst flooding in decades Monday, a day after Hurricane Irene slammed an already soaked U.S. Northeast with torrential rain, dragging away homes and submerging neighborhoods underwater. The massive storm ...
9.Forecasters Track Additional Storms
Aug 29, 2011 -- The forecasters at the National Hurricane Center in Miami aren't getting a great deal of rest these days, as the 2011 hurricane season heats up. After days spent tracking Hurricane Irene, the NHC is currently following tropical storm José, which is ...

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