The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of the overall total, creating the fourth costliest year on record of insured losses, according to an Aon report titled “Weather, …
The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last year’s natural disasters pointed to “clear …
It was a busy year in the Southeast with two major hurricanes that wreaked havoc on the region, an escalating insurance crisis in Florida, and a new industry-specific cybersecurity law in South Carolina that takes effect Jan. 1, 2019. Here …
With automotive officials estimating that as many as 40,000 vehicles were damaged by flooding from Hurricane Florence, the Pennsylvania Insurance Department and the Pennsylvania Department of Transportation (PennDOT) are warning consumers to be on the lookout for flood-damaged cars being …
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 County was hit hardest Sept. 17, with …
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 offshore. Authorities urged up to 8,000 …
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, Chris. If you’ve ever experienced a hurricane …
Hurricane Florence is testing the resolve of farmers in the Carolinas, who could face billions of dollars in agricultural damage while still feeling the sting from Hurricane Matthew almost two years ago. After last weekend’s high winds and rain that …
The National Weather Service has confirmed that the remnants of Hurricane Florence spawned a total of six tornadoes in Virginia earlier this week. Five of the tornadoes on Monday were spread across the Richmond metro area. A sixth tornado hit …
The death toll from Hurricane Florence climbed to at least 37, including two mental health patients who drowned when a sheriff’s van was swept away by floodwaters, and North Carolina’s governor pleaded with thousands of evacuees not to return home …
