hurricane season 2018 News

Cities Still Owed Funds from Last Hurricane Season as New Season Gets Underway

Allen Owen, the mayor of Missouri City, Texas, wants to do more to protect his town from the next disaster. But the city hasn’t gotten any of the roughly $1 million in federal disaster funds he said it’s owed after …

What the Florida Industry Needs to Know for the 2018 Hurricane Season

The 2018 hurricane season is officially underway, even as the dust continues to settle on the 2017 hurricane season — one of the costliest hurricane years on record — that brought devastation to Florida from Hurricane Irma. Meanwhile, the Gulf …

Karen Clark & Co. Estimates Insured Losses from Alberto to Near $50M

Insured losses from Subtropical Storm Alberto, the first named storm of the 2018 hurricane season, will be close to $50 million, according to Karen Clark & Co. KCC’s High Resolution U.S. Hurricane Model estimated the insured losses to residential, commercial, …

Alberto Weakens to Depression, Moving North Across Alabama

Storm Alberto weakened to a subtropical depression, moving across central Alabama after making landfall in the Florida Panhandle and bringing heavy rains that threaten the U.S. South with economic losses of $1 billion. Alberto was 30 miles (45 kilometers) west …

FEMA Reorganizing, Top Jobs Unfilled as Hurricane Season Gets Underway

With the hurricane season beginning, top jobs at the U.S. Federal Emergency Management Agency remain vacant and critics say that will make it harder for the government to respond to disasters. FEMA lacks a second-in-command and three of four associate-administrator …

Weakening Alberto Brings Heavy Rains to Southeast for Memorial Day

Subtropical Storm Alberto lost strength as it came ashore near Laguna Beach in Florida Monday, bringing heavy rains that threaten the U.S. South with economic losses of $1 billion. Alberto was 15 miles (24 kilometers) from Panama City, Florida, when …

Florida Hurricane Fund in Good Shape for Storm Season

The Florida fund that helps private insurers pay out claims after a hurricane remains in good shape heading into a storm season. Despite losses from Hurricane Irma, estimates show the Florida Hurricane Catastrophe Fund will have $17.3 billion available this …

This Just In: Early Forecasts for 2018 Hurricane Season

An early forecast for the 2018 hurricane season calls for a slightly above-average season with 14 named storms, seven hurricanes, and three major hurricanes. Dr. Philip Klotzbach of Colorado State University (CSU), a non-resident scholar for the Insurance Information Institute …