Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
One Man’s Solution After Harvey’s Floods? Build His Own Levee.
Jun 29 2018 // After Hurricane Harvey inundated David Bush’s Richmond, Texas, home with 20 inches of rain, he knew he wanted to rebuild but was worried about how his property could be protected from the next big storm. So, Bush...
Every $1 Spent in Hurricane Protection Lowers Property Loss Exposure by $105
Jun 28 2018 // Every $1 a business spends on hurricane protection reduces loss exposure by an average of $105. That’s based on an analysis by global commercial and industrial property insurer firm FM Global, which reviewed loss and...
What’s Ahead for Reinsurance Industry in 2018: Fitch
Jun 27 2018 // The global reinsurance industry demonstrated resiliency following the record level of catastrophe losses in 2017, as very strong capitalization and effective risk management enabled the sector to absorb the multiple hits...
Lessons Learned From Hurricane Harvey Highlighted in Zurich Report
Jun 25 2018 // An inconsistent regulatory environment and a lack of awareness by residents of the potential flooding dangers in and around Houston were among the factors that contributed to the heavy damage inflicted by Hurricane Harvey,...
Hurricane Irma Blamed for Worst Florida Citrus Crop Since 1940s
Jun 22 2018 // Florida’s citrus growers are blaming Hurricane Irma for one of their worst seasons in decades. In a Naples Daily News report, U.S. agriculture officials said Florida’s orange production dropped nearly 35...
Louisiana Seeks to Clarify Named Storm/Hurricane Deductible Law
Jun 21 2018 // The Louisiana Department of Insurance has issued an advisory letter to property/casualty insurers operating in the state that seeks to clarify the interpretation and application of state law regarding policy deductibles in...
Florida’s Citizens Delays Decision on Proposed 2019 Rate Increases
Jun 21 2018 // Florida’s Citizens Property Insurance Corp. will wait until December to determine its 2019 insurance rates and whether it will approve a proposed 7.9 percent statewide increase for homeowners policies. The decision...
Hurricane-Proof Home Building Available But Pricey, Slow to Be Adopted
Jun 20 2018 // In a private waterfront resort on the northern tip of Key Largo, nestled between tropical forest and the Caribbean, Eric Soulavy is marketing luxury for the age of climate change: Coastal homes that are all but hurricane...
Survey: Floridians Still Not Adequately Prepared for Hurricane Season
Jun 20 2018 // Just six months after the punishing 2017 season battered the Sunshine State, most Floridians are still not prepared for the potential assault of another hurricane season, according to a survey by the FAIR Foundation. The...
North Carolina City Sued by Residents Over Hurricane Matthew Dam Repairs
Jun 19 2018 // Some homeowners are suing a North Carolina city to get dams that were compromised by Hurricane Matthew repaired. The Fayetteville Observer reported residents from four neighborhoods say the city should rebuild the dams...
New Jersey Reminds Residents, Insurance Companies to Prepare for Hurricane Season
Jun 18 2018 // The New Jersey Department of Banking and Insurance is urging the insurance and banking companies it regulates, as well as New Jersey residents, to prepare now for hurricane season, which officially began June 1. All Garden...
A Whole New Ballgame: Managing Risk for World Champion Houston Astros
Jun 15 2018 // Monica Rusch’s work was easier when the Houston Astros were losers. She was accustomed to worrying about fans being hit by balls, drunks getting too rowdy, players suffering injuries, thieves breaking into parked...
FEMA Staffing Stretched Thin as Hurricane Season Gets Underway
Jun 14 2018 // As Hurricane Irma bore down on Florida last September, the top U.S. disaster response official ordered all hands on deck. With 4,500 Federal Emergency Management Agency staffers already helping survivors of Hurricane...
Florida Restoration Contractor Arrested Over $140K AOB Fraud Scheme
Jun 13 2018 // A restoration contractor company owner has been arrested over an alleged assignment of benefits (AOB) fraud scheme that impacted 19 homeowners in eight Florida counties and one Texas county, according to a statement from...
Former Florida Insurance Chief McCarty Joins Assured Risk Cover Board of Advisors
Jun 7 2018 // Assured Risk Cover, provider of StormPeace residential parametric insurance, has announced that former Florida Insurance Commissioner Kevin McCarty has joined its board of advisors. McCarty served as Florida’s first...
The Hidden Force of a Hurricane (Infographic)
Jun 5 2018 // This post is part of a series sponsored by CoreLogic. Download and share this infographic here. To read more about the places at risk, read the CoreLogic 2018 Storm Surge Report.
Houston Still Rebuilding From Last Year’s Floods as 2018 Hurricane Season Arrives
Jun 4 2018 // In an empty lot where Vincent Shields’ Houston home once stood, he points out properties whose owners were driven out after Hurricane Harvey inundated the region last summer. “On this street there’s...
Florida Officials Enact Few Changes for 2018 Hurricane Season
Jun 4 2018 // Florida’s governor and Legislature promised a dizzying array of fixes following the devastation of last year’s hurricanes. But heading into a new storm season, the state has enacted only a few changes – the...
Caribbean Insurers Well-Capitalized Despite 2017 Hurricane Losses: A.M. Best
Jun 1 2018 // An analysis of A.M. Best-rated property/casualty insurers based in the Caribbean reveals that hurricanes Irma and Maria were mainly earnings events, and that the responsiveness of reinsurers allowed these insurers to...
Researchers Cool Their 2018 Hurricane Season Forecast
Jun 1 2018 // Subtropical Storm Alberto kicked off the Atlantic hurricane season a week early, but don’t take that as a harbinger of terrible weather. In fact, cooler ocean temperatures are already spurring researchers to scale...
