All the headlines from our Hurricane Topic Page, ordered by recency.
Jul 29 2020 // Hurricane Douglas joined a long list of hurricanes that have come near the Hawaiian Islands but didn’t cause major damage.Kauai Mayor Derek Kawakami said such experiences unfortunately help people become complacent...
Jul 29 2020 // With the National Oceanic and Atmospheric Administration (NOAA) warning 2020 will see “above-normal” hurricane activity, Skytek, in collaboration with Aon plc, has responded to the needs of marine re/insurance...
Jul 29 2020 // First Insurance Company of Hawaii (FICOH) has launched a parametric product for Hawaii homeowners and renters.The FirstTrack product provides coverage for expenses that fall below most hurricane policy deductibles,...
Jul 28 2020 // As recovery and cleanup efforts got underway on July 27 in South Texas in the wake of a downgraded Hurricane Hanna, worried residents confronted the prospect of undertaking the effort amid a surge in coronavirus cases that...
Jul 28 2020 // Catastrophe risk modeling firm, Karen Clark & Company (KCC) has estimated the insured loss from Hurricane Hanna, which made landfall on Padre Island, Texas, on July 26, will be close to $350 million, excluding National...
Jul 28 2020 // Hawaii avoided a direct hit from Hurricane Douglas and the Category 1 storm was swirling just north of the island chain.The Central Pacific Warning Center lifted the hurricane warning on Monday for the island of Kauai, the...
Jul 28 2020 // Efforts to cut apart and remove a capsized cargo ship off the Georgia coast are being delayed for more than two months because of hurricane season and challenges posed by the coronavirus, project leaders said Friday.Those...
Jul 28 2020 // Florida’s state-run insurer Citizens Property Insurance Corp. will extend its moratorium on cancellations and nonrenewals until the end of 2020 despite saying earlier this month it would resume processing them on...
Jul 26 2020 // Hurricane Hanna pummeled the south Texas coast on Saturday night with howling winds and a surging sea that threatened a broad area already contending with an intense spike in coronavirus deaths.Hanna is the first hurricane...
Jul 24 2020 // Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re estimated that natural...
Jul 23 2020 // A tropical depression in the Gulf of Mexico off the coast of Louisiana could become a tropical storm within the next 24 hours, the National Hurricane Center has warned.At 10 am Atlantic Standard Time on July 23, the NHC...
Jul 20 2020 // Tropical Storm Cristobal ate away the beach of Louisiana’s only inhabited barrier island to the huge sand-filled tube at the core of a protective levee, and the Army Corps of Engineers says permits and studies keep...
Jul 20 2020 // Though the COVID-19 pandemic is expected to lead to the deepest recession since the 1930s, global insurance premium volume will rebound to pre-crisis levels by the end of 2021, forecasts Swiss Re in its latest sigma...
Jul 17 2020 // As the 2020 hurricane season gets underway, emergency officials pay attention to the growing share (29%) of the U.S. population in the nation’s 255 coastline counties.They’re also looking at ways to minimize...
Jul 17 2020 // A Florida city official pleaded guilty Tuesday to his role in a scheme to bilk the federal government out of $5 million in Hurricane Michael cleanup money, the U.S. attorney’s office announced.Former Lynn Haven...
Jul 17 2020 // When Hurricane Dorian pounded the wisp of earth that is Ocracoke Island, a wall of Atlantic seawater flooded Bob Chestnut’s home, surf shop and four vehicles.Seven months later, his shop was ready for business. But...
Jul 13 2020 // Though the COVID-19 pandemic is expected to lead to the deepest recession since the 1930s, global insurance premium volume will rebound to pre-crisis levels by the end of 2021, forecasts Swiss Re in its latest sigma...
Jul 10 2020 // Quick-moving Tropical Storm Fay strengthened as it moved toward southern New Jersey, where it was expected to make landfall Friday afternoon before sweeping north to New York with a curtain of heavy rain and thrashing...
Jul 9 2020 // The numerous issues in Florida’s property insurance market, including higher reinsurance pricing and social inflation, continue to challenge the financial strength of Florida personal property writers and impact...
Jul 8 2020 // Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new...