Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Is the Reinsurance Cycle Dead or Just Dormant? Executives Discuss New Realities
Oct 2 2018 // Many reinsurance executives have been left scratching their heads in surprise after last year’s natural catastrophes, which cost a whopping $100 billion but ended up having very little impact on rates. The insurance...
Texas Coastal Lawmakers Urge Denial of Windstorm Insurer’s 10% Rate Increase Request
Oct 1 2018 // More than 20 state legislators have signed a letter addressed to Texas Insurance Commissioner Kent Sullivan requesting that a 10 percent rate increase filed by the state’s property insurer of last resort for wind and...
Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses
Oct 1 2018 // Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts. As the storm turned out to...
South Carolina Issues Emergency Order to Insurers, Updates Hurricane Florence Data Call
Oct 1 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation Sept....
Flooding Forecast in Some South Carolina Communities Not as Dire as First Feared
Sep 28 2018 // The last community in the way of Hurricane Florence’s floodwaters as they slowly flow to the sea got some good news Wednesday – the predictions aren’t as dire as they once were. And it appears the Waccamaw...
Dozens of Structures Damaged in Post-Hurricane Florence Storm in Virginia
Sep 27 2018 // Officials say more than 70 buildings have been damaged or destroyed during a storm that spawned at least 10 tornadoes in Virginia from the remnants of Hurricane Florence. The Richmond Times-Dispatch reports Chesterfield...
More Rain Expected in Already Soggy South Carolina
Sep 26 2018 // The soggy remnants of Florence keep causing chaos in coastal South Carolina long after the hurricane swirled ashore, with rivers still flowing far beyond their banks and a new storm gathering more rain just...
Guest Post: Post-Disaster Readiness: The Psychology of Downed Trees
Sep 26 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this very personal post. Thanks,...
Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses
Sep 25 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) Insurance industry losses from Hurricane...
Carolinas Still Facing Major Flooding More Than a Week After Florence
Sep 24 2018 // Major flooding remains in eastern North Carolina more than a week after Hurricane Florence made landfall. Gov. Roy Cooper said Saturday that nine of the state’s river gauges are at major flood stage and four others...
Feds Say Maryland Man Stole Hurricane Victim’s IDs as Part of $8M Scam
Sep 20 2018 // A Maryland man is accused of stealing hurricane victim’s identities as part what the Secret Service describes as an $8 million effort to scam a Federal Emergency Management Agency program. News outlets reported...
Home Price Appreciation in Highest-Risk Areas Outpaces Overall Rate
Sep 20 2018 // Natural hazards are good at grabbing headlines, but they aren’t as good as dissuading people from buying homes in high-risk areas, a new report shows. Median home prices in areas that are in the top 80 percentile for...
Florence Floods: Hurricane Rating System Fails to Account for Deadly Rain
Sep 19 2018 // When meteorologists downgraded Hurricane Florence from a powerful Category 4 storm to a Category 2 and then a Category 1, Wayne Mills figured he could stick it out. He regrets it. The Neuse River, normally 150 feet away,...
After Spate of Typhoons & Hurricanes, World’s Oceans May Take a Breather
Sep 19 2018 // With the remnants of Hurricane Florence wringing out heavy rain through the Appalachians and New England this week, and Typhoon Mangkhut winding down in southern China, it looks like the world’s oceans may take a...
After Florence Floods, Uninsured Awaken to Painful Reality
Sep 19 2018 // Flood insurance was far from Stephanie Walker’s mind in 2015 when she moved her family into a home in Fayetteville in central North Carolina, nearly 200 miles (320 km) from the coast. The next year, a creek at the...
Hurricane Florence’s Surge Is Expected to Hit Homes That Already Cost the Government Millions: ProPublica
Sep 18 2018 // Though the flooding from Hurricane Florence is predicted to be unprecedented, residents of the coastal North Carolina towns threatened by the storm surge know what it’s like to take on water. Some homes in these...
Karen Clark & Co. Estimates $2.5B in Insured Losses from Hurricane Florence
Sep 18 2018 // Insured losses from Hurricane Florence will reach $2.5 billion, according to an estimate from Karen Clark & Co. The estimate of insured losses to residential, commercial, and industrial properties and autos comes from...
Hurricane Florence Likely to Expose Gaps in Flood Insurance
Sep 17 2018 // The number of Americans with flood insurance is on the rise, yet Hurricane Florence is likely to make it painfully clear that too many homeowners in the Carolinas and other vulnerable regions remain unprotected. . An...
Virginia Museum Workers Act Fast to Protect Valuable Collection in Hurricane Florence
Sep 17 2018 // The Durand-Ruel sisters didn’t dress for hurricane season. The eldest had on a wide-brimmed hat, the kind one would take to a high-society garden party. Both wore white gowns that looked as though their sheerness...
South Carolina Issues Hurricane Florence Data Call, Emergency Order to Insurers
Sep 17 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation...
