Hurricane Ike Storm Surge Damage Should be Covered by Windstorm Insurance, Consumer Group Says
It Will Not Pay for Storm Surge Damage. A consumer group in Texas is taking issue with the Texas Windstorm Insurance Association's assertions that it will not pay for storm surge damage from Hurricane Ike. The group Texas Watch, contends losses from water damage should be covered because there would have been no storm surge without … [Read more...]
Hurricane Ike Evacuees Allowed to Return to Galveston
Citizens Were Told to Brace for the Worst. Residents of Galveston, Texas are being allowed to return home today, nearly two weeks after Hurricane Ike ravaged the Gulf Coast community. But as they returned, Galveston's citizens were told to brace for the worst, as an estimated 75 percent of the city's homes are likely inhabitable. As … [Read more...]
Hurricane Ike Damage Estimates for Wind and Storm Surge
Damage Costs Could Go as High as $21 Billion. A risk assessment group now says damage costs from Hurricane Ike could go as high as $21 billion. That figure would make Hurricane Ike the third most expensive storm in U.S history, behind Hurricanes Katrina and Andrew. The new estimate from Risk Management Solutions of $13 - $21 … [Read more...]