Ernesto Becomes Category 2 Hurricane as It Heads to Bermuda August 16, 2024 By Will Wade Ernesto strengthened into a Category 2 hurricane as it plowed northward toward Bermuda, threatening to drench the British territory with...
Hurricane Ernesto Threatens Bermuda, Leaves Puerto Rico in Dark August 15, 2024 By Michelle Ma and Josh Saul Hurricane Ernesto took aim at Bermuda as almost half of Puerto Rico remained without power in the storm’s wake, the...
High Condo Premiums a Top Issue in Hawaii Legislative Races July 17, 2024 By Stewart Yerton Jillian Anderson was planning to make fighting crime in Waikiki the top issue in her campaign for a seat in...
Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities July 16, 2024 By Gautam Naik Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money...
A Troubling Phrase: ‘Just a Category 1 Hurricane’ July 15, 2024 By Brendan Farrington Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or...
Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC July 11, 2024 Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe...
Caribbean Braces for Economic Punch After Season’s Deadly 1st Hurricane July 10, 2024 By Sarah Morland Leaders across the Caribbean were still tallying the financial toll wrought by the earliest Atlantic storm on record to intensify...
CSU Research Team Increases Atlantic Hurricane Forecast July 10, 2024 By Chad Hemenway Hurricane Beryl got the respected team of researchers at Colorado State University to rethink its forecast for the Atlantic hurricane...
Reinsurers’ Appetite Grows During Mid-Year Renewals but Discipline Remains: Brokers July 8, 2024 By L.S. Howard Reinsurance buyers generally saw positive outcomes during the mid-year renewals, finding adequate capacity to meet cedents’ increasing demand for protection...
Insurance Industry Impact From Hurricane Beryl Expected to Be ‘Manageable’ July 8, 2024 By Chad Hemenway Hurricane Beryl made its U.S. landfall at Matagorda, Texas early Monday as a Category 1 hurricane. The storm has reportedly...