Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap
Sep 29 2020 // Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for most of his career, realized that the insurance industry’s products were not fully...
Close Call with Laura Renewed Debate over Houston Storm Surge Barrier
Sep 29 2020 // Houston, a Gulf Coast city that barely rises above sea level, has long worried about a worst-case weather scenario — a direct hit from a powerful storm that sends a wall of water barreling into the region’s...
Louisiana Utility: Hurricane Laura Repair Costs Now at $1.4B
Sep 28 2020 // A Louisiana utility says the cost to restore electricity and repair power lines damaged in the state during Hurricane Laura is now up to $1.4 billion. Entergy Corp., the New Orleans-based utility serving many of the areas...
Texas Windstorm Insurer Seeks More Data on Rate Adequacy, Hurricane Modeling
Sep 24 2020 // The Texas Windstorm Insurance Association’s actuarial and underwriting committee is seeking more data from TWIA staff and an actuarial consulting firm on rate adequacy and catastrophe modeling for potential hurricane...
Florida OKs Emergency Adjusters, Brings In Fraud Strike Teams for Sally Recovery
Sep 23 2020 // The Florida Department of Financial Services has deployed its Disaster Fraud Action Strike Team (DFAST) to the Florida Panhandle, as well as activated the state’s emergency adjuster license system to assist with...
Insurer Impact from Sally Expected to be Moderate; Losses Estimated at $1B to $3B
Sep 23 2020 // Insured losses from Hurricane Sally could reach as much as $3 billion, according to catastrophe modelers, but ratings agency Moody’s expects a moderate impact on property & casualty insurers and...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change
Sep 23 2020 // Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed, broker Aon reveals that more than 60% of 2020’s insured catastrophe...
On Inland Crawl, Beta Dumps Heavy Rains, Floods Streets on Texas Coast
Sep 22 2020 // Beta weakened to a tropical depression on Sept. 22 as it crawled inland along the Texas coast south of Houston, unleashing heavy rains, flooding streets, and forcing emergency workers to rescue dozens of people. Rain...
Hurricane Sally Adds to Mounting Losses in Historic Gulf Coast Storm Season
Sep 21 2020 // Hundreds of thousands of people were without power Friday along the Alabama coast and the Florida Panhandle in the aftermath of Hurricane Sally as officials assessed millions of dollars in damage that included a broken...
Slow-Moving Storm Beta Set to Drench Texas, Louisiana Coasts
Sep 21 2020 // Beta, a slow-moving tropical storm, will bring flooding rains to Texas and Louisiana as well as raking offshore energy fields with high winds, but may not reach hurricane strength. Beta’s winds will likely hold at 50...
NFIP’s Flood Losses Expected to Be ‘Significant’ from Hurricane Sally: AM Best
Sep 18 2020 // Hurricane Sally is not expected to cause a major insurance loss – compared to events such as the ongoing wildfires in California, Oregon, and Washington, or Hurricane Laura, according to AM Best. As the storm was more of...
Using Building Codes and Property Characteristics to Keep up With 2020 Hurricane Season
Sep 18 2020 // This post is part of a series sponsored by CoreLogic. Though the COVID-19 pandemic is occupying most of our attention at the moment, hurricane season has begun and natural catastrophes never take a holiday. Forecasts for...
Number of Landfalls of Big U.S. Storms Could Break 1916 Record
Sep 18 2020 // Hurricane Sally’s historic flooding of Florida and Alabama this week marked the eighth named storm to strike the continental U.S. this year, leaving the tally just one short of a record that dates back more than a...
After Hurricane Sally, Assessment of Extensive Flood Damage Begins
Sep 18 2020 // GULF SHORES, Ala./HOUSTON – As an Alabama resident, Toby Wallace has seen his fair share of hurricane damage working for the U.S. Federal Emergency Management Agency, where he handles flood insurance claims. But that did...
Florida’s Citizens Urges Insureds to Avoid Fraud, Scams After Hurricane Sally
Sep 18 2020 // In an effort to help insureds avoid falling victim to scams and abuse, as well as to speed up the claims process, Citizens Property Insurance Corp. is urging its policyholders to “Call Citizens First” as they...
Update: Rains from Remnants of Hurricane Sally Wreak Havoc on Southeast States
Sep 17 2020 // GULF SHORES, Ala., Sept 17 – 06:00 PM – The remnants of Hurricane Sally dumped more than a foot of rain over the U.S. Southeast on Thursday, killed at least one person, washed out bridges and roads and left...
Slowness, Not Speed, of Hurricanes Like Sally Becoming Major Concern
Sep 17 2020 // For Grant Saltz, who runs a barbecue restaurant in Mobile, Alabama, what struck him about Hurricane Sally was its steady, deliberate pace, after the storm rumbled into the U.S. Gulf Coast on Wednesday as a powerful...
Oil Industry Begins Cleaning Up, Restarting Gulf Operations After Hurricane Sally
Sep 17 2020 // Storm-tossed U.S. offshore energy producers and exporters began clearing debris on Thursday from Hurricane Sally and booting up idle Gulf of Mexico operations after hunkering down for five days. The storm toppled trees,...
Update: Weakened Hurricane Sally Leaves Gulf Coast With Flooding
Sep 17 2020 // Update: 11:37 am, GULF SHORES, Ala., Sept 17 (Reuters) – The remnants of Hurricane Sally on Thursday brought more than a foot of rain to Florida and Georgia, killing at least one person, washing out bridges and roads...
Floridians Concerned About Disaster Recovery, Hurricane Deductibles: Survey
Sep 17 2020 // As Hurricane Sally bears down on the Gulf Coast, a new survey is highlighting the concerns many Florida residents have about the impact of catastrophic storms on their communities and everyday lives, as well as if they are...
