October 7, 2016
While Hurricane Matthew rages along Florida’s coast, with the end potentially still hours away, the insurance industry seems to be breathing a sigh of relief, thus far. As of Friday morning, Matthew seemed to have spared South Florida major damage …
October 7, 2016
About 600,000 Florida homes were without power on Friday due to Hurricane Matthew and more outages were likely, Governor Rick Scott told a news conference, as the storm moved near the state’s Atlantic coast on a northward track after killing …
May 29, 2015
Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state’s coastal communities have added an additional 1.5 million people and almost a half-million new houses, an Associated Press analysis shows. …
May 15, 2015
Florida’s nine-year streak of avoiding hurricanes is helping the state reach a historic milestone: for the first time ever, the state-created fund designed to help pay out claims after storms has enough cash and assets on hand to pay off …
June 3, 2013
Mother Nature has been kind to Florida’s coastline lately with a record run of seven years without a hurricane making landfall, allowing property insurers time to re-stock their depleted coffers. As a result, before the new six-month hurricane season got …
May 9, 2013
Last year’s hurricane season drove home some big lessons, according to the nation’s chief hurricane forecaster: Storm surge and flooding are dangerous and difficult to predict, and sometimes it’s even harder to communicate that sense of urgency to the public. …
August 22, 2012
New York orange juice futures jumped more than 5 percent on Wednesday after U.S. forecasters warned Tropical Storm Isaac would strengthen into a hurricane and could hit the south coast of citrus-rich Florida by Monday. The National Hurricane Center said …
June 6, 2012
People living in hurricane prone areas should have a backup tech plan in case a storm hits, because Internet and cell phone connections are likely to go out, FEMA director Craig Fugate said recently during the first day of the …
May 18, 2012
The ability to predict how bad a storm will be has eluded forecasters since Hurricane Andrew made a catastrophic landfall in South Florida two decades ago and it will remain a challenge for the next chief at the National Hurricane …
May 17, 2012
Florida’s emergency managers are preparing for the upcoming tropical storm season by reexamining the lessons learned from Hurricane Andrew. This August will mark the 20th anniversary of Andrew’s catastrophic landfall in South Florida. The Category 5 hurricane remains one of …