Hurricane Milton 2024 News

Asheville’s Dirty Water Warns of Climate Risk to Aging US Infrastructure

Hurricanes Helene and Milton devastated swaths of the southeastern US by bringing too much water. Now, communities are struggling with the opposite problem: too little of it. The North Fork Water Treatment Plant supplies most of the drinking water to …

Update: Milton’s 152,000 Claims So Far Mean New Pressure on Reinsurance, Rate Hikes

Property Insurance claims from Hurricane Milton had topped more than 152,180 by Tuesday, with some $1.9 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which made landfall in Florida two weeks earlier, …

Agents Report Limited Damage But More Claims Expected As Floridians Return Home

Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood and auto damage. The Florida …

Milton Brings Winds, Flooding to Florida but Damage May Not Be as Heavy as Feared

Hurricane Milton made landfall Wednesday night, centered near Sarasota as a Category 3 storm with maximum sustained winds of 120 mph, a less-powerful storm than had been feared but one that brought some storm surge, flooding, multiple tornadoes and property …

Hurricane Milton Bears Down on Florida’s Tampa Area With House-Toppling Winds

Hurricane Milton churned toward Florida’s west coast with winds powerful enough to demolish houses, threatening to unleash once-in-a-century flooding across some of the state’s fastest-growing counties. Milton’s top winds dropped to 130 miles (209 kilometers) per hour, making it a …

Unlicensed Work Does Not Void Contract With Condos, Florida Appeals Court Says

Being unlicensed as a contractor in Florida does not necessarily void a storm-remediation contract, a Florida appeals court said in a decision that could affect insurance defense strategy in hurricane claims. “This shows that it’s really important to know the …

Report Says Growth of Private Flood Insurance Has Stagnated. Neptune Disagrees

The head of one of the largest private flood insurance writers this week questioned an AM Best report that said private flood companies are failing to make significant inroads in America’s troubled flood market. “From 2020 through 2022, private insurers …