hurricane risk News

Hurricane Season Ramping Up Along Southeast Coast

This is it, the days surfer Blue Spivey looks forward to all winter. The days he can go online and watch those big, long swells rolling across the Atlantic Ocean like they do all year out in California. You’ve got …

National Hurricane Center’s New Weather Advisory Tactic: Storm Prep Deadlines

Some coastal residents always put off emergency preparations until storm clouds loom on the horizon. The National Hurricane Center is going to try giving those people a deadline this year, issuing experimental advisories showing when tropical-storm force winds may hit …

8 Ways Katrina Changed Commercial Property Insurance

Hurricane Katrina, which devastated New Orleans 10 years ago, is responsible for a number of changes in the commercial property insurance market. According to Rick Miller, U.S. property practice leader at Aon Risk Solutions, Katrina’s impact can be seen in …

Florida’s Citizens Readies $1.5 Billion Catastrophe Bond Deal

Florida’s largest property insurer is preparing to transfer $3.1 billion in risk through a combination of reinsurance catastrophe bonds, including a $1.5 billion deal that is the largest of its kind on record. The Citizens Property Insurance Corp. board of …