December 14, 2016
In September, Hurricane Hermine broke Florida’s hurricane drought that had lasted since 2005. The category 1 storm hit the Florida Panhandle, bringing significant storm surge to the Tampa Bay area before slowly traveling up the Eastern Seaboard. The storm weakened …
September 12, 2016
The 11-year hurricane drought in Florida is officially over. While preliminary damage estimates and claims are still trickling in from Hurricane Hermine, Florida’s first named hurricane since 2005, the consensus from the insurance industry is it could have been a …
September 7, 2016
The big question in Tallahassee is whether you have power, and whether you think local officials are to blame for the grinding pace of restoring electricity following Hurricane Hermine. The rising anger played on social media and in the political …
September 7, 2016
Hurricane Hermine, the first hurricane to make landfall in Florida in 11 years, is not likely to have a significant impact on the financial condition of the Florida Hurricane Catastrophe Fund (FHCF) or Citizens’ Property Insurance (Citizens), according to Fitch …
September 5, 2016
Atlantic storm Hermine drifted north on Monday off the U.S. East Coast, still packing near-hurricane strength winds but far enough from land to spare the Middle Atlantic states. Forecasters warned swimmers and boaters along the Eastern Seaboard to stay out …
September 2, 2016
Hurricane Hermine, which is poised to land in Florida Friday, may result in “manageable” losses for the insurance industry, according to Keefe Bruyette & Woods analyst Meyer Shields. The storm is forecast to hit northwest Florida, a region of the …
September 2, 2016
Hermine, the first hurricane to strike Florida since 2005, has weakened to a tropical storm as it moves inland, after threatening soy and cotton crops and leaving large swaths of the region at risk of blackouts. Hermine’s top winds were …
September 1, 2016
Over the past several months, the Northeastern U.S. has experienced abnormally dry conditions leading to a drought that could last into the fall. Now, it is facing a different problem with the looming risk of heavy rain and wind from …
September 1, 2016
Florida is being warned to prepare for arriving Tropical Storm Hermine, which is expected to dump heavy rain, bring strong winds and the possibility of isolated tornadoes across parts of the state, according to the Florida Division of Emergency Management. …