Hurricanes News

Caribbean Cat Facility, CCRIF, Pays Belize for Excess Rain From Hurricane Earl 

CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) made a pay-out of US$261,073 to the government of Belize as a result of heavy rains from Hurricane Earl on Aug. 4-5. Rainfall from the hurricane caused widespread flood damage to homes and …

Tropical Storm Fiona, 6th Storm of 2016, Forms in Central Tropical Atlantic

Tropical Storm Fiona, which formed more than 900 miles west of the Cape Verde Islands, is forecast to track across the open Atlantic for at least the next five days, the U.S. National Hurricane Center said. Fiona, the sixth storm …

Update: Earl Weakens from Hurricane to Tropical Storm as It Crosses Belize

Tropical Storm Earl* will continue to weaken as it crosses Belize after coming ashore early Thursday with drenching rains and hurricane-strength winds, the U.S. National Hurricane Center said. Earl was 90 miles (145 kilometers) west of Belize City with top …

Update: Tropical Storm Earl Set to Become a Hurricane as It Heads to Belize

Tropical Storm Earl, forecast to grow into a hurricane, may just graze Mexico’s oil-rich Bay of Campeche as it heads west toward the Honduras Bay Islands before making landfall in Belize within the next 24 hours. Earl was 265 miles …

Climate Change Modeling is Closer than You Think

For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked about including the effects of climate change in modeling. It went something like: “The industry isn’t interested in what the weather …

Storms & Earthquakes Drive Up Insured Losses in 1H 2016: Munich Re

Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the $59 billion reported for the first half of last year, according to a loss review issued by Munich Re. While …

5 Principles for Navigating Complex Property/Casualty Claims

Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to a business can be crippling, and managing the operational, …

Will 2016 See More Atlantic Hurricanes? Scientists Disagree

This summer and fall, the Atlantic Ocean might become a testing ground for competing scientific theories. After decades of warmth, there’s evidence that the ocean is cooling, a change that could mean fewer of the hurricanes that wreak havoc on …

Climate Change and The Conservative Republican

If you’re a conservative Republican, there’s a decent chance that you believe in climate change. Compared with two years ago that is. Don’t tell this to Rush Limbaugh or presidential hopeful Donald Trump. Although he seems to have warmed a …

Australia Nears Record for Fewest Cyclones Since 1970 – Thanks to El Niño

El Niño is getting some of the credit as Australia nears a record for the fewest tropical cyclones since 1970. “With the end of the season approaching and only three cyclones so far, the 2015-16 Australian region tropical cyclone season …