All the headlines from our Hurricane Topic Page, ordered by recency.
Nov 22 2024 // Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that have suggested that the insurer has the “worst rate” on paying claims...
Nov 20 2024 // Citing the devastating impacts of Hurricane Helene in southwest Virginia, Governor Glenn Youngkin submitted a request to President Joseph Biden, President-elect Donald Trump and Congressional appropriators for $4.4 billion...
Nov 20 2024 // RALEIGH, N.C. (AP) — Almost two months after Hurricane Helene wreaked havoc on western North Carolina, Republican lawmakers grilled officials Monday over how they handled two other hurricanes that hit the state several...
Nov 19 2024 // The Texas Windstorm Insurance Association Board of Directors met last week to review information related to the agency’s 2025 budget.The meeting presented new information on TWIA losses from 2024 storms as projected...
Nov 19 2024 // When Hurricane Beryl was rushing across the Atlantic basin in July, the weather forecasting tool made by Google Deepmind, the tech company’s artificial intelligence unit, saw something other models missed....
Nov 18 2024 // Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller claims because either damage falls within the deductible, or is so close to it that the...
Nov 15 2024 // A driver has died after going around a barricade and driving off the edge of a hurricane-damaged North Carolina highway that became a symbol of Hurricane Helene’s destruction.Photos of Interstate 40 with multiple...
Nov 8 2024 // As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize his work on sustainable tourism.Three hours earlier, Spain’s national climate agency had issued a red...
Nov 7 2024 // Zurich Insurance Group said on Thursday that its exposure to Hurricanes Helene and Milton, which recently wreaked havoc in the United States, would be less than $360 million, as insurers face increasing losses from natural...
Nov 7 2024 // About 17% of crude oil production and 7% of natural gas output in the U.S. Gulf of Mexico was shut in response to Hurricane Rafael, the U.S. Bureau of Safety and Environmental Enforcement said on Wednesday.Energy producers...
Nov 5 2024 // Finland’s coastal waters were hit by hurricane-force winds for the first time, as more extreme weather batters Europe.Storm Lyly brought an average wind speed of 33.5 meters per second on Friday to Kylmapihlaja, off...
Nov 4 2024 // ORLANDO, Fla. (AP) — The news rippled through Treasure Island, Florida, almost like a third storm: The mayor planned to move off the barrier island a month after Hurricane Helene flooded tens of thousands of homes along...
Nov 4 2024 // Two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals continue to rise. As of Oct. 21, the Florida Office of Insurance Regulation said carriers reported more...
Nov 1 2024 // Several regional lenders allocated loan-loss provisions in the third quarter to cover potential defaults by borrowers grappling with recent hurricanes, primarily in Florida, highlighting the risks extreme weather and...
Oct 31 2024 // Allstate Corp. said its net income attributable to common shareholders for the third quarter was about $1.2 billion compared to a loss of $41 million during the same time a year ago.The Northbrook, Illinois-based insurer...
Oct 29 2024 // Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that employs a model not commonly used by philanthropy in the United States: Giving people...
Oct 28 2024 // The efforts to rebuild in Southeastern states after a pair of destructive hurricanes are at risk of being drawn out by shortages of a critical supply of workers: migrants.Builders are anxious about proposals laid out by...
Oct 25 2024 // After two weeks of number-crunching, it now seems clear that investors in catastrophe bonds emerged from Hurricane Milton relatively unscathed.In fact, holders of the bonds may be looking at returns of as much as 12%,...
Oct 22 2024 // Hurricane Milton caused an estimated $1.5 billion to $2.5 billion in damage to Florida’s crops and agricultural infrastructure, according to a preliminary assessment released by the state’s Department of...
Oct 22 2024 // Almost two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals continue to rise. As of Oct. 21, the Florida Office of Insurance Regulation said carriers had...