Some homeowners are suing a North Carolina city to get dams that were compromised by Hurricane Matthew repaired. The Fayetteville Observer reported residents from four neighborhoods say the city should rebuild the dams even though they are privately owned. The …
North Carolina Gov. Roy Cooper is seeking nearly $1 billion from Congress to help North Carolina counties still recovering from Hurricane Matthew more than six months after it caused massive inland flooding and killed 28 people. The new funding request …
It is fair to say 2016 was the year of the catastrophe in the Southeast. Tornadoes, drought, floods, hurricanes, and wildfires impacted virtually every state in the region. For the insurance industry, these events made for a very busy year …
With historic flood levels in North Carolina receding in the aftermath of Hurricane Matthew, preliminary estimates show that only a sliver of commercial and residential properties in areas most impacted by the storm are covered by policies through the National …
More than two weeks after Hurricane Matthew hit North Carolina, some areas are still flooded and others are beginning the long process of recovery. In North Carolina, the hurricane dumped more than a foot of rain 100 miles inland, causing …
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 …
North Carolina emergency officials have estimated that the destructive and deadly Hurricane Matthew caused $1.5 billion worth of damage to more than 100,000 homes, businesses and government buildings in the state. The state’s Department of Public Safety said in a …
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 …
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 …
Flooding in the aftermath of Hurricane Matthew has displaced several thousand people in North Carolina, and authorities were helping more evacuate on Tuesday as swollen rivers threatened a wide swath of the state. Governor Pat McCrory warned of “extremely dangerous” …
