From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next March 6, 2024 By Julie Serakos We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap...
AccuWeather Warns of Potential ‘Super-Charged’ 2024 Hurricane Season February 23, 2024 AccuWeather experts warn that the return La Niña and historically warm water across the Atlantic Ocean could contribute to a...
Global Warming Exceeded Benchmark Over 12-Month Period for First Time on Record February 9, 2024 By Don Jergler Global warming exceeded temperatures of 1.5 degrees C over a 12-month period for the first time in record keeping. The...
Category 6? As Warming Stokes Storms, Some Want a Bigger Hurricane Category February 7, 2024 By Seth Borenstein A handful of super powerful tropical storms in the last decade and the prospect of more to come has a...
Cone of Uncertainty to Include Inland Areas, Where Storm Damage can Be Heavy February 5, 2024 By Curt Anderson ST. PETERSBURG, Fla. (AP) — The “cone of uncertainty” produced by the National Hurricane Center to forecast the location and...
Insured Price Tag for Natural Disasters Was $95B in 2023 With Economic Cost of $250B January 9, 2024 By L.S. Howard Natural catastrophes in 2023 caused global economic losses of US$250 billion, with insurers and reinsurers paying US$95 billion of that...
Alabama Wind Mitigation Grant Application Process Opens for Q1 January 3, 2024 The application process for another round of Alabama home-fortification grants opened Wednesday, Jan. 3, offering up to $10,000 for homeowners...
Expert: ‘Active Year Worldwide’ for Rapid Hurricane Intensification December 19, 2023 By Allen Laman While only three hurricanes made landfall in the United States this year, rapidly intensifying hurricanes in the Atlantic and Pacific...
NOAA: 2023 Atlantic Hurricane Season Ranks 4th for Most-Named Storms December 5, 2023 Ending on Nov. 30, the 2023 Atlantic hurricane season saw 20 named storms, ranking fourth for the most-named storms in...
Hurricane Otis’ Insured Losses Estimated at $2.5B-$6B: Moody’s RMS, Verisk November 15, 2023 Moody’s RMS, the risk modeling and solutions company, estimates private market insured losses from Hurricane Otis to range between US$2.5...