Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
30% of Disaster Claims Settled After Desk Audit Using Munich Re Remote Tool, Images
Jul 1 2019 // Munich Re had teamed up with a unit of the National Insurance Crime Bureau to offer insurance carriers an analytics tool that can quickly assess property damage after natural catastrophes and speed up claims...
Texas Windstorm Insurer: $4.2B Available for 2019 Hurricane Season
Jul 1 2019 // Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. That amount includes a $111...
What Passed, What Didn’t: New Florida Laws Taking Effect July 1
Jun 27 2019 // The Florida Legislature looked at and passed many pieces of legislation in the 2019 session that will impact the insurance industry. The following are summaries of what passed — and what didn’t. What Passed HB 7065...
Top 15 Metro Areas at Risk this Hurricane Season
Jun 26 2019 // This post is part of a series sponsored by CoreLogic. Hurricanes are often some of the most destructive and costly natural hazards. Their impact on homes, businesses and infrastructure comes in the form of strong winds and...
Florida Keys to Receive $21M for Hurricane Irma Recovery
Jun 26 2019 // Officials say the Florida Keys will receive $21 million for Hurricane Irma recovery, along with $35 million for affordable housing. Gov. Ron DeSantis announced the money during a Thursday news conference in Marathon. The...
Report Says Major Hurricane Could Cost Virginia $40B
Jun 25 2019 // Experts say that southeastern Virginia could suffer $40 billion in losses if it’s struck by a major hurricane. Professors from Old Dominion University said in a recent report that the damages could seriously puncture...
Texas Windstorm Insurer Funded at $4.2 Billion for 2019 Hurricane Season
Jun 24 2019 // Texas’ insurer of last resort for properties in counties along the state’s coastline says it has $4.2 billion in available funds as this year’s hurricane season gets underway. By comparison, at the start...
Ghost of Harvey Looms Large as 2019 Hurricane Season Gets Underway
Jun 21 2019 // Compared with 2017, last year’s hurricane season was a relatively quiet one for the Gulf Coast states of Louisiana and Texas, with major U.S. storm systems such as Hurricanes Michael and Florence staying well to the...
North Carolina Insurance Fraud Round-Up: May
Jun 21 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of May 2019. Insurance fraud costs American consumers approximately $80 billion a year. According to North Carolina...
South Carolina Governor Looks to Tackle State’s Flooding Woes
Jun 20 2019 // Gov. Henry McMaster started his Saturday in a South Carolina town devastated by flooding twice in three years to try to help make things better in the short and the long term. McMaster and other volunteers helped clean...
Caribbean Insurers’ Net Income Rebounds After 2016-2017 Hurricane Seasons: AM Best
Jun 19 2019 // An analysis of AM Best-rated property/casualty insurers based in the Caribbean found that overall net income rebounded significantly following the 2016-2017 hurricanes to $32.2 million in 2018 compared with a $4.3 million...
Harvey Recovery Ongoing as 2019 Hurricane Season Begins
Jun 17 2019 // Early forecasts for the 2019 U.S. Atlantic hurricane season anticipate the period will be an “average” one. Hurricane season officially runs June 1 through November 30, however, the first named storm of the...
Texas Governor Signs Disaster Relief, Preparedness Bills
Jun 14 2019 // Gov. Greg Abbott has signed four bills into law aimed at bolstering the state’s emergency preparedness and disaster relief programs, including framework that provides more than $1.6 billion for flood control projects...
Report: North Carolina Agency Mishandled $9M in Matthew Recovery Funds
Jun 12 2019 // The North Carolina Department of Public Safety broke the law and didn’t follow legislative directives when distributing $9 million of state money after Hurricane Matthew hit in 2016, according to a report Monday from...
New ‘Prepare Florida’ Initiative Offers Hurricane Preparedness Resources
Jun 12 2019 // Florida Chief Financial Officer (CFO) Jimmy Patronis has launched an initiative designed to encourage Floridians to prepare now before a hurricane makes landfall. According to a statement from the Florida Department of...
U.S. Spends Billions on Disaster Aid Over Investing in More Lasting Preparedness
Jun 12 2019 // Forecasters are expecting this year’s North Atlantic hurricane season to be roughly average, with about 14 named storms including six full-fledged hurricanes. Last week, the government finally dealt with the fallout...
Zurich, Vertus Launch Hurricane Deductible Buy-Back Program in Florida
Jun 11 2019 // Zurich has launched Cat4Home, a new hurricane deductible buy-back program through Vertus Insurance Partners. Cat4Home is a supplemental insurance policy available to residential homeowners in Florida and covers 100% of the...
Florida Timber Industry to Receive $480M from Feds for Hurricane Michael Recovery
Jun 10 2019 // Governor Ron DeSantis says nearly half a billion dollars from the federal government will help Florida timber growers recover from the impacts of Hurricane Michael. The governor met with U.S. Agriculture Secretary Sonny...
7.3 Million Homes, $1.8 Trillion at Risk from Hurricane Storm Surge: CoreLogic
Jun 4 2019 // The Atlantic hurricane season, which began June 1, puts 7.3 million homes at risk with an estimated reconstruction cost of $1.8 trillion, CoreLogic said in its 2019 Storm Surge Report. That’s 300,000 more homes and...
Forecasters Say Hawaii May Have Busy Hurricane Season
Jun 3 2019 // Hawaii and the Central Pacific could experience more storms than normal during this year’s hurricane season. The National Oceanic and Atmospheric Administration predicted in late May that there will be five to eight...
