hurricane recovery News

A.M. Best: Damage From Hurricane Matthew Won’t Affect Most Insurer Ratings

A.M. Best does not anticipate a significant number of rating actions related to Hurricane Matthew, as most rated insurance carriers have sufficient capital and appropriate reinsurance programs in place to effectively absorb this event, according to a new briefing from …

Daily Flood Worries Put North Carolina Residents On Edge

Anita Van Beveren has been returning day after day to watch the brown floodwater creep toward the rental home she shares with her two teenage children. While she got many belongings out, they couldn’t move everything – a bicycle is …

Hurricane Matthew May Be Gone, But Insurance Industry’s Work is Just Starting

It’s been nearly a week since Hurricane Matthew ravaged the Southeast coast but the insurance industry’s job of responding to the devastation and assessing the total cost of damage from the storm is just beginning. With flood waters still rising …

Experts Warn of Long Waits for Post-Hurricane Home Repairs

There will be plenty of large-scale reconstruction to do in the wake of Hurricane Matthew, which has been blamed for dozens of deaths since it made its first U.S. landfall Friday and is still causing catastrophic flooding throughout eastern North …