Hurricanes News

Property-Catastrophe Reinsurance Rates Drop by 5% at June Renewals: Howden Re

Property-catastrophe rates saw some moderating trends during the June 1 reinsurance renewals, with average risk-adjusted rates-on-line decreasing by 5% within a typical range of -7.5% to -2.5%, according to Howden Re, the reinsurance business of Howden. These decreases follow a …

32.7M Homes at Risk of Hurricane Damage, CoreLogic Report Shows

More than 32.7 million residential properties from Texas to Maine are at risk of moderate or severe damage sustained from hurricane-force winds, a new report shows. The large number of at-risk homes in CoreLogic’s 2024 Hurricane Risk Report, which comes …

NOAA Chimes in With Prediction of Above-Average Atlantic Hurricane Season

The National Oceanic and Atmospheric Administration (NOAA) today predicted an 85% chance of an above-average Atlantic hurricane season, with up to 25 named storms. “The upcoming Atlantic hurricane season is expected to have above-normal activity due to a confluence of …

Weather Forecasters Predict ‘Extremely Active’ 2024 Atlantic Hurricane Season

Weather forecasters at Colorado State University (CSU) on Thursday predicted an “extremely active” 2024 Atlantic hurricane season because of warm sea surface temperatures and less wind shear to break up storms in the summer and fall. The widely watched CSU …

Accuweather Predicts Above-Average 2024 Atlantic Hurricane Season

Accuweather meteorologists are predicting an above-average Atlantic hurricane season with as many as 20-25 named storms. The 2024 hurricane season is forecast to feature 8-12 hurricanes including 4-7 major hurricanes. This year has the potential to break the all-time record …

From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next

We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing, to provide a range of perspectives from meteorology to market impact. We looked back at the …

AccuWeather Warns of Potential ‘Super-Charged’ 2024 Hurricane Season

AccuWeather experts warn that the return La Niña and historically warm water across the Atlantic Ocean could contribute to a “super-charged” hurricane season in 2024. AccuWeather long-range forecasters say that the current El Niño pattern is expected to transition to …

Global Warming Exceeded Benchmark Over 12-Month Period for First Time on Record

Global warming exceeded temperatures of 1.5 degrees C over a 12-month period for the first time in record keeping. The European Union’s Copernicus Climate Change Service released its findings in its Global Climate Highlights 2023 report on Thursday, calling out …

Category 6? As Warming Stokes Storms, Some Want a Bigger Hurricane Category

A handful of super powerful tropical storms in the last decade and the prospect of more to come has a couple of experts proposing a new category of whopper hurricanes: Category 6. Studies have shown that the strongest tropical storms …

Cone of Uncertainty to Include Inland Areas, Where Storm Damage can Be Heavy

ST. PETERSBURG, Fla. (AP) — The “cone of uncertainty” produced by the National Hurricane Center to forecast the location and ferocity of a tropical storm is getting an update this year to include predictions for inland areas, where wind and …