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Risk Perception Drops After Hurricanes: Study
Apr 23 2024 // As time passes after hurricanes, new analysis by Stanford University researchers shows perception of personal risk, including the likelihood of injury and home damage, decline. The findings suggest that programs and...
Hurricane-Force Winds Leave 150,000 Without Power in Colorado
Apr 8 2024 // More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not get power back until Monday. Those affected include about 55,000 customers who had their...
Florida OIR Says Enhanced Data Reporting on Hurricane Ian Claims is Due April 17
Apr 5 2024 // The Florida Office of Insurance Regulation is reminding carriers that additional data is due April 17 on Hurricane Ian claims. All property insurers are required by law to submit the enhanced catastrophe reports, including...
Weather Forecasters Predict ‘Extremely Active’ 2024 Atlantic Hurricane Season
Apr 4 2024 // Weather forecasters at Colorado State University (CSU) on Thursday predicted an “extremely active” 2024 Atlantic hurricane season because of warm sea surface temperatures and less wind shear to break up storms...
Accuweather Predicts Above-Average 2024 Atlantic Hurricane Season
Mar 27 2024 // Accuweather meteorologists are predicting an above-average Atlantic hurricane season with as many as 20-25 named storms. The 2024 hurricane season is forecast to feature 8-12 hurricanes including 4-7 major hurricanes. This...
Allstate’s Florida Company Defends 54% Condo Rate Hike. Blames Reinsurance, Hurricane, Rapid Growth
Mar 18 2024 // When Allstate’s Florida unit, Castle Key Indemnity Co., entered the surging condominium insurance market in 2020, it looked like it had made a smart bet: Within two years, the carrier had added no fewer than 123,000...
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