Federal Court Splits North Carolina Hurricane Insurance Claims November 14, 2023 A North Carolina investment firm and its property insurer have each won partial victories in a dispute over hurricane insurance...
Duke Energy Builds Flood Walls Around South Carolina Electric Substation July 27, 2021 A utility is building walls around an electric substation to prevent them from being overrun by floodwaters in the first...
South Carolina City to Receive $1.45M for Hurricane Florence Damage December 8, 2020 A coastal city in South Carolina is getting $1.45 million from the federal government to repair damage caused by Hurricane...
Another $180M Approved for North Carolina Disaster Aid, Prep November 18, 2019 Another $180 million in state funds are going to help with disaster recovery following hurricanes Matthew, Florence and Dorian and...
NHC: Hurricane Florence 9th Most Destructive Storm, Caused $24B in Damage May 7, 2019 Hurricane Florence killed 22 people across three Southeastern states, was the ninth most destructive storm in terms of property damage...
Hurricane Florence Demonstrates Perils of Being Underinsured/Uninsured, Says RMS January 24, 2019 By L.S. Howard Hurricane Florence caused extensive freshwater flood damage in the Carolinas and parts of Virginia in September—and about 70 percent of...
Private Flood Insurers Not Yet Ready to Fill Massive U.S. Protection Gap January 24, 2019 By L.S. Howard The flood insurance protection gap in the United States is massive, but the take-up rate of private flood insurance continues...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
California Wildfires, Hurricane Michael Top List of 2018’s Costliest Natural Disasters: Munich Re January 8, 2019 By L.S. Howard The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael...
Insurance Journal Southeast’s Top Stories for 2018: Fraud, Hurricanes, Data Security Law December 31, 2018 By Amy O'Connor It was a busy year in the Southeast with two major hurricanes that wreaked havoc on the region, an escalating...