Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Insured Damages in Canada From Hurricane Fiona Now Top C$800M
Jan 6 2023 // Insured damages from Hurricane Fiona are now estimated at over C$800 million (US$591.2 million), according to the Insurance Bureau of Canada (IBC), quoting the Catastrophe Indices and Quantification Inc. (CatIQ). Hurricane...
Talent Gap, Access to Healthcare for Transgender Patients, and Hurricane Ian Recovery
Dec 28 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
Progressive Lowers Loss Estimate From Hurricane Ian By $400M
Dec 22 2022 // The Progressive Corp. said Dec. 21 that its loss and allocated loss adjustment expenses (ALAE) in the property business are estimated to be $1 billion from, prior to reinsurance, from Hurricane Ian. The insurer said this...
USDA: Florida Orange Crop Down 36% After Two Hurricanes
Dec 12 2022 // Production of oranges in Florida this season is forecast to be down 36% from earlier estimates, in part a reflection of twin hurricanes that battered growing regions, according to U.S. Agriculture Department figures...
Fishing Towns Bouncing Back After Hurricane Ian
Dec 12 2022 // Chokoloskee and Everglades City, two fishing villages-turned-travel-destinations that sit next to each other on the cusp of Everglades National Park and the Gulf of Mexico, have seen more than their share of hurricane...
2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian
Dec 2 2022 // An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage...
Hurricane Ian Drives Global Insured Losses of $115B From Natural Disasters: Swiss Re
Dec 1 2022 // Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the U.S., have cost global insurers an estimated $115 billion so far this year, according to a...
Hurricane Ian Runoff May Be Worsening Red Tide on Florida’s SW Coast
Nov 29 2022 // Scientists are saying a red tide bloom that’s lingered along the coast for a few weeks is now being fed by nutrients running off the landscape in the wake of Hurricane Ian. Red tide (Karenia brevis) is a naturally...
Florida Bar Charges ‘Mobile Claim Center’ Deceived Hurricane Victims
Nov 21 2022 // The Florida Bar is seeking sanctions against a partner with a prominent New Orleans area law firm, alleging that she used deceptive tactics to solicit clients after Hurricane Ian. The bar on Thursday filed a petition with...
Lloyd’s of London Estimates Claims From Hurricane Ian of US$2.3B-US$3B
Nov 21 2022 // Lloyd’s announced that the market’s claims from Hurricane Ian are estimated to be in the range of US$2.3 billion – US$3 billion, net of reinsurance, based on Q3 data provided by Lloyd’s...
FEMA Projects $3.5-$5.3B NFIP Losses for Hurricane Ian
Nov 21 2022 // The Federal Emergency Management Agency has projected an initial estimate of Hurricane Ian losses for the National Flood Insurance Program, putting them in the range of $3.5 billion to $5.3 billion, including loss...
RMS: Less Than $2B in Insured Losses from Hurricane Nicole
Nov 16 2022 // Catastrophe modeler RMS said private market U.S. insured losses from Hurricane Nicole are estimated at less than $2 billion, with a best estimate of $1.6 billion. This estimate represents insured losses associated with...
One County in Florida Took the Brunt of Hurricane Nicole with $522M in Damage
Nov 16 2022 // Damages are estimated at more than $522 million in a central Florida coastal county where homes collapsed into the Atlantic Ocean following Hurricane Nicole last week. The damages from the category 1 storm in Volusia...
Mindfulness Program Hopes to Alleviate Stress After Hurricanes
Nov 14 2022 // The 10 women gathered on yoga mats in a New Orleans suburb, the lights dimmed. “I’d like to invite you to close your eyes,” instructor Stephanie Osborne said in a soothing voice from the front of the...
FEMA Projects $3.5-$5.3B NFIP Losses for Hurricane Ian
Nov 14 2022 // n Friday, the Federal Emergency Management Agency announced an initial estimate of Hurricane Ian losses for the National Flood Insurance Program, putting them in the range of $3.5-$5.3 billion, including loss adjustment...
UPDATED: All the Latest Insurance Company Hurricane Ian Estimates Plus NFIP
Nov 14 2022 // With third-quarter earnings reports for publicly traded companies slowing down to a trickle, and FEMA publishing an estimate of NFIP last Friday, Carrier Management has updated a company-by-company list of Hurricane Ian...
Zurich Insurance Expects $550M Hit From Hurricane Ian, but On Track to Beat Targets
Nov 10 2022 // Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe’s fifth-largest insurer said on Thursday, though it remains on track to beat its 2020-2022 financial targets, helped by premium...
Rare but Not Unprecedented: Nicole Threatens Florida as a November Hurricane
Nov 9 2022 // With just over three weeks to go until the official end of the 2022 North Atlantic Hurricane season, Subtropical Storm Nicole – the fourteenth named storm of the year, could be a rarely seen event – a hurricane in...
Hurricane Ida Paid Claims in Louisiana Grows to $13.9B
Nov 8 2022 // Insurers have paid or reserved to pay $13.9 billion on all types of Hurricane Ida-related claims in Louisiana through September 30, Insurance Commissioner Jim Donelon announced today. This data is the final measure of...
With Another Fla. Hurricane Coming, Signs Pointing to Bigger Spike in Reinsurance Rates
Nov 8 2022 // One of the largest providers of reinsurance for Florida carriers is predicting major increases in rates next year, a move that could add fuel to the fire for a reform package at the upcoming special session of the Florida...
