Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
ILS Market Could Bear 20% of Hurricanes Harvey, Irma, Marie Loss: A.M. Best
Sep 17 2018 // The insurance-linked securities (ILS) market potentially could bear up 20 percent of the insured losses generated by Hurricanes Harvey, Irma and Marie, according to an A.M. Best report. These three hurricanes during a...
U.S. Business Owners Find Varied Paths to Post-Disaster Recovery
Sep 17 2018 // Small business owners across the U.S. who are cleaning up from this year’s various catastrophes will find there’s no one formula for recovery. The same disaster can hurt businesses in divergent ways — a...
Florence’s Winds Slow But Serious Floods Continue; Death Count Rising
Sep 16 2018 // Sunday, Sept. 16, 2018, 1:57 pm —The still-potent remnants of Hurricane Florence marched through the Carolinas on Sunday and as the winds weakened the flood grew only stronger. New Hanover County and the city of...
How 4,000 Federal Workers Are Being Deployed for Hurricane Florence
Sep 14 2018 // As Hurricane Florence churns toward the Carolinas, bearing a potentially lethal ocean surge and winds and torrential rains, the federal government is marshaling its forces to help communities prepare and recover. President...
Update: Category 1 Hurricane Florence Lands in Carolinas, Threatening Floods, Tornadoes, Power Outages
Sep 14 2018 // Hurricane Florence hit North Carolina, leaving more than half a million people without power and facing at least another day of heavy rain and wind. Florence made landfall near Wrightsville Beach Friday as a Category 1...
Hurricane Florence Hits Close to Home for North Carolina-Based Broker AmWINS
Sep 14 2018 // For North Carolina-headquartered global insurance broker AmWINS Group Inc., Hurricane Florence isn’t just a storm that will affect insureds – many of its own employees and agents are also directly in the...
North Carolina Weakened Its Building Codes in 2013
Sep 14 2018 // Five years ago, encouraged by home builders and an anti-regulatory zeal, lawmakers in North Carolina joined other states in weakening building code requirements. It’s a decision they may regret as Hurricane Florence...
Wind, Storm Surge Losses from Florence Could Reach $5B; Top 10 Insurers Affected in Carolinas
Sep 14 2018 // This enhanced satellite image made available by NOAA shows Hurricane Florence off the eastern coast of the United States on Wednesday, Sept. 12, 2018 at 5:52 p.m. EDT. (NOAA via AP) Hurricane Florence was downgraded to a...
Hurricane Florence Could Pressure Congress to Extend NFIP, IIAV’s Bradshaw Says
Sep 13 2018 // Hurricane Florence could put pressure on U.S. Congress to extend the National Flood Insurance Program, but “it is still an open question as to whether it will lead to a comprehensive reform bill passing,”...
Virginia Insurers ‘Actively Preparing’ for Florence; State’s Top 10 Home Insurers
Sep 13 2018 // The Virginia Bureau of Insurance says it is “confident that insurers are actively preparing for this storm” as the potential impact of Hurricane Florence is anticipated in the state. “The Bureau’s...
N.J. Governor Murphy Urges Safety as Hurricane Florence Approaches East Coast
Sep 13 2018 // New Jersey Gov. Phil Murphy and emergency officials urged caution Tuesday as Hurricane Florence approaches the East Coast even though the worst effects of the storm are expected to miss the state. Murphy even jokingly...
Hurricane Florence Has Cat Bond Investors’ Attention
Sep 13 2018 // Catastrophe-bond investors are trying to assess the potential fallout from Hurricane Florence that may force them to hand over cash. If the storm’s path of destruction — which is aimed at Georgia and the...
South Carolina Officials Urge Dam Checks Before Hurricane
Sep 13 2018 // South Carolina officials are asking dam owners to inspect their dams and lower pond and lake levels if possible to prepare for possible heavy rains from Hurricane Florence. The Department of Health and Environmental...
North Carolina Tobacco Crop at Risk from Hurricane Florence
Sep 13 2018 // Tobacco crops in North Carolina, the top U.S. producer, are right in the projected path for Hurricane Florence, which threatens to cause plants to rot, whether they’re still in the fields or have already been...
North, South Carolina Insurance Chiefs Ready for Hurricane Florence
Sep 13 2018 // Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on...
Update: Hurricane Florence Slows to Category 2; Dangerous Storm Surge, Rainfall Still Expected
Sep 12 2018 // Thurs., Sept. 13, 11 am: Hurricane Florence was downgraded to a Category 2 hurricane yesterday as its maximum sustained winds decreased today to about 110 mph, according to NOAA. The winds were clocked at 105 mph...
Climate Forces Behind Florence Look Like Those of Harvey, Sandy
Sep 12 2018 // As Hurricane Florence barrels toward North Carolina, it’s being strengthened and guided by a one-two punch of climate factors scientists have been tracking for years. Florence, which threatens to be the most severe...
7 Ways to Help Clients Survive Hurricanes (and Other Disasters)
Sep 12 2018 // The threat of Hurricane Florence is bringing into sharper focus the often-unfulfilled need for adequate disaster insurance for businesses – and the related opportunity for insurance agents and brokers to help clients...
Pay Attention to the Hurricane Deductible
Sep 12 2018 // It’s hurricane season. I’ll wait for your shock to subside. If you live in a coastal state from Texas on the Western Gulf Coast to Virginia, you already knew it was hurricane season. I’m just reminding...
Insurers Forecasting Significant Claims from Businesses from Hurricane Florence
Sep 12 2018 // Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations. Evacuations, already affecting more...
