All the headlines from our Hurricane Topic Page, ordered by recency.
Oct 3 2019 // David Burt helped two of the protagonists of Michael Lewis’ book The Big Short bet against the U.S. mortgage market in the run-up to the 2008 financial crisis. Now he’s betting against the market again, but...
Oct 2 2019 // Hurricane Lorenzo, the largest storm ever to roam the Eastern Atlantic, is forecast to strike the heart of Ireland’s west coast within days carrying tropical-strength winds, driving rain and a huge storm surge.Once a...
Oct 2 2019 // President Donald Trump has issued a declaration approving specific federal assistance for South Carolina areas affected by early September’s Hurricane Dorian.The White House on Monday ordered that federal aid be used...
Sep 27 2019 // CCRIF has made two payouts to the government of The Bahamas totaling US$12.8 million in the aftermath of Hurricane Dorian, which caused widespread destruction in the northern part of the archipelago.The Bahamas has three...
Sep 27 2019 // Not long ago, private flood insurance was thought to be an impossible dream in the property/casualty sector. There were numerous arguments supporting the common wisdom that a meaningful market for residential flood...
Sep 27 2019 // The biggest city devastated by Hurricane Michael last fall has had a recent series of sewage leaks, and local officials say it will cost more than $200 million to repair its sewage and water systems.Television station WMBB...
Sep 25 2019 // Frenchman’s Reef, the largest resort on St. Thomas, was smashed by Hurricane Irma, which breached roofs, caved in walls and felled trees across the oceanfront property. Two years later, the hotel remains closed as...
Sep 25 2019 // Tanika Outlaw was working as the food and beverage manager at the Doubletree Hotel in New Bern last September when Hurricane Florence began shoving feet of water into the city’s downtown area.Ultimately, the storm...
Sep 24 2019 // Property/casualty insurer Travelers is now providing its insurance agents and brokers with before-and-after photos of areas affected by disasters.The Travelers Catastrophe Map Viewer provides access to searchable,...
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...
Sep 20 2019 // Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite winds that reached around 100 miles per hour (161 kph) snapping power poles and lifting...
Sep 19 2019 // Hurricane Humberto knocked out power lines in Bermuda on Wednesday night, plunging nearly the whole Atlantic archipelago into darkness, as the storm whipped the British territory with powerful winds and heavy rain.Even as...
Sep 18 2019 // Bermuda residents boarded up windows of homes and businesses on Wednesday as Hurricane Humberto became a major storm on route the Atlantic archipelago, although forecasts showed they could be spared a direct hit.Hurricane...
Sep 18 2019 // Tropical Storm Imelda has lost some of its wind power, but continues to pour rain down on the U.S. Gulf Coast, with 12 to 15 inches already recorded and flood-prone Houston in its path.Imelda is now a tropical depression,...
Sep 17 2019 // Catastrophe modeling firms Karen Clark & Co. and RMS have released insured loss estimates for Hurricane Dorian, ranging from $500 million to $1.5 billion.According to KCC, Dorian reached peak intensity of 185 mph while...
Sep 16 2019 // Tropical storm Humberto has now intensified into the third Atlantic hurricane of 2019 with top sustained winds of 75 mph, according to weather.com meteorologists in a report issued on Sept. 15.The majority of the showers,...
Sep 16 2019 // North Carolina Gov. Roy Cooper is seeking a federal disaster declaration for 13 counties affected by Hurricane Dorian.Cooper made the request to President Donald Trump’s administration Friday. If approved, money...
Sep 13 2019 // Tropical storm warnings have been declared for the Bahamas, which was just battered by Hurricane Dorian, evidence of strengthening in a system that forecasters say is moving toward Florida or the Gulf of Mexico.The storm...
Sep 11 2019 // Federal Emergency Management Agency officials who oversaw the reconstruction of Puerto Rico’s electrical grid and the former president of Cobra Acquisitions were arrested on fraud and conspiracy charges linked to...
Sep 10 2019 // Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out of a soft reinsurance market, according to a report from reinsurance...