hurricane News

Study Finds Climate Change Could Lead to More Hurricanes on NYC Coast

Hurricanes could start flooding New York City’s coastline as often as every 20 years due to the effects of climate change on sea-level rise and hurricane activity, scientists said on Monday. Water could surge some 9 feet (2.8 meters) in …

Tropical Storm Darby Makes Landfall on Big Island of Hawaii: AIR

Tropical Storm Darby, which formed off the coast of Mexico on July 11, quickly reached hurricane status as it moved westward toward Hawaii finally reaching landfall on Monday, according to catastrophe modeling firm AIR Worldwide. However, the hurricane weakened on its …

2015 Global Insured Losses Lowest Since 2009 Despite El Niño Effects: Carpenter

One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the climate drivers in 2015 that led to an exceptional season of Pacific tropical storms and severe windstorms and flooding in …

Record Western Wildfires a Contrast in Otherwise Quiet Year for U.S. Natural Disasters

It was a relatively quiet year for natural disasters – except for those living in the Western U.S. Property data provider CoreLogic today released its annual Natural Hazard Risk Summary and Analysis. The report shows “a continued trend of fewer …

More than $1B in Fed Disaster Funds for Texas Unspent Since Dolly, Ike

More than a third of the $3 billion in federal disaster recovery funds available for Texas after 2008 hurricanes Ike and Dolly remains unspent, as legislators prepare for hearings on how to speed up the process. Several state reports and …

Mexico Catastrophe Bond Likely to Pay on Hurricane Patricia’s Losses: S&P

Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard & Poor’s said. S&P cut its …

Celebrities’ Mexican Holiday Homes Pummeled by Hurricane Patricia

Mexico may have dodged a bullet from the fury of Hurricane Patricia, but jet setters like Bill Gates, Gwyneth Paltrow and Cindy Crawford will have to find a new playground for now after the storm ravaged some of the world’s …

Mexico’s Hurricane Patricia May Hit Catastrophe Bondholders

Mexico’s natural disaster fund may be $100 million better off at bondholders’ expense after Hurricane Patricia appeared to trigger a catastrophe bond the country sold in 2012. Investors in those notes maturing Dec. 4. are waiting for a verdict on whether …

Hurricane Patricia Targets Mexico; 400K People, Ports, Insurers at Risk

Hurricane Patricia, the strongest in the history of the Americas, prepared to barrel into Mexico’s Pacific coast Friday, sending guests fleeing hotels in the Puerto Vallarta resort area. About 400,000 people are considered “vulnerable,” civil protection official Jose Maria Tapia …

NHC Tracking Hurricane Patricia, as It Nears Mexican Coast

The National Hurricane Center in Miami is tracking Hurricane Patricia, a storm in the eastern Pacific that is moving towards the west coast of Mexico. According to the NHC’s latest bulletin, Patricia is about 255 miles – 410 kms south …