Combined Losses From Milton and Helene to Be $35B-$55B: Moody’s RMS October 15, 2024 Moody’s RMS said private insurers can expect to dole out between $35 billion and $55 billion for hurricanes Milton and...
Group of Scientists Say Climate Change Drove Helene Impacts October 11, 2024 By Don Jergler Climate change was a key driver of the devastating impacts of Hurricane Helene, a group of scientists said this week....
With Back-to-Back Storms, Florida Now Facing Delays in Claims Adjusting October 10, 2024 By William Rabb With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on...
Verisk Says Helene’s Insured Losses Could Reach $11 Billion October 9, 2024 Catastrophe modeler Verisk predicted wind, storm surge and flooding from last month’s Hurricane Helene will cause insured losses of between...
Unlicensed Work Does Not Void Contract With Condos, Florida Appeals Court Says October 9, 2024 By William Rabb Being unlicensed as a contractor in Florida does not necessarily void a storm-remediation contract, a Florida appeals court said in...
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...
Report Says Growth of Private Flood Insurance Has Stagnated. Neptune Disagrees October 8, 2024 By William Rabb The head of one of the largest private flood insurance writers this week questioned an AM Best report that said...
Update on Helene Loss Estimates: CoreLogic Sees $10.5B-$17.5B Insured Loss October 7, 2024 Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to...
Rebuild or What? Florida Towns Hit Three Times by Hurricanes Face Tough Choice October 4, 2024 By Kate Payne and David R. Martin HORSESHOE BEACH, Fla. (AP) — It was just a month ago that Brooke Hiers left the state-issued emergency trailer where...
Helene’s Flooding a Reminder of Appalachia’s Growing Risk From Violent Storms October 4, 2024 By Michael Phillis and Brittany Peterson HENDERSONVILLE, N.C. (AP) — Hurricane Helene dumped trillions of gallons of water hundreds of miles inland, devastating communities nestled in...