Another Hurricane Cost: Duke Energy Files to Recover $1B in Expenses from Storms December 31, 2024 Florida consumers, already fuming in recent years from higher property insurance premiums, repair costs and homeowner association fees, could soon...
Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery November 20, 2024 Citing the devastating impacts of Hurricane Helene in southwest Virginia, Governor Glenn Youngkin submitted a request to President Joseph Biden,...
Catastrophe Bond Investors Brace for Major Losses as Milton Rages October 9, 2024 By Gautam Naik Investors in catastrophe bonds are girding themselves for substantial losses as the combined destructive force of Hurricanes Helene and Milton...
Hurricane Milton Insured Loss Could Be $60 Billion, Similar to 2022’s Ian: RBC October 9, 2024 By Carolyn Cohn Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance...
Hurricanes Like Helene Keep Killing for Years After They Strike October 8, 2024 By Seth Borenstein Hurricanes in the United States end up hundreds of times deadlier than the government calculates, contributing to more American deaths...
Tallahassee, Atlanta Dodge a Bullet, But Thousands of Claims Are Expected September 27, 2024 By Staff and Wire Reports Hundreds of claims adjusters were set to move out across Florida, Georgia and western parts of the Carolinas Friday morning...
Moody’s: Private Market Insured Losses From Francine to Not Exceed $2B September 18, 2024 U.S. private market insured losses from Hurricane Francine are estimated to not exceed $2 billion, Moody’s RMS Event Response team...
Remnants of Hurricane Ernesto Trigger Wind and Rain Warnings in Scotland August 22, 2024 By Dylan Griffiths, Eamon Akil Farhat and Paul Tugwell Yellow weather warnings are in place for Scotland on Thursday, as the remnants of Hurricane Ernesto bring strong winds and...
Ernesto Becomes Category 2 Hurricane as It Heads to Bermuda August 16, 2024 By Will Wade Ernesto strengthened into a Category 2 hurricane as it plowed northward toward Bermuda, threatening to drench the British territory with...
Hurricane Ernesto Threatens Bermuda, Leaves Puerto Rico in Dark August 15, 2024 By Michelle Ma and Josh Saul Hurricane Ernesto took aim at Bermuda as almost half of Puerto Rico remained without power in the storm’s wake, the...