All the headlines from our Hurricane Topic Page, ordered by recency.
Dec 4 2017 // Nearly 894,000 people in Texas met this week’s deadline to register for federal disaster assistance to help them recover from Hurricane Harvey, with more than $1.4 billion in funding approved so far, the Federal...
Dec 4 2017 // The Trump administration’s proposed $12 billion initiative to reduce future flood damage met with skepticism in Congress, as lawmakers warned against diverting emergency funding away from hurricane...
Nov 30 2017 // The hurricane season is officially over, but it didn’t go by without leaving a major mark on Florida and its insurance industry. Hurricane Irma, a name most in the state won’t soon forget, first hit the Florida...
Nov 29 2017 // The Lloyd’s market has paid claims worth US$1.7 billion, to date, in response to Hurricanes Harvey, Irma and Maria. Earlier this year Lloyd’s estimated a total commitment of US$4.8 billion for the three...
Nov 29 2017 // In 166 years, only 17 tropical storms and six hurricanes have formed in the Atlantic after the official Nov. 30 close of the season, according to the U.S. Hurricane Research Division in Miami.Could it happen again?...
Nov 29 2017 // Residents of two of the North Carolina counties hardest hit by Hurricane Matthew can now schedule an appointment to apply for reimbursement of their losses.The Fayetteville Observer reports state Department of Emergency...
Nov 28 2017 // Guillermo Miranda Vazquez starts his day in a parking lot near the Home Depot where he easily finds work alongside other day laborers who are cleaning up Houston after Hurricane Harvey.Some days, he clears rotted drywall...
Nov 28 2017 // This year’s U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the formal start on June 1.The costs tallied by disaster modelers Chuck Watson and Mark...
Nov 27 2017 // Houston Ballet artistic director Stanton Welch looked flushed as he stood at the edge of the Hobby Center’s Sarofim Hall stage during a break in the company’s annual Jubilee of Dance performance.The Houston...
Nov 22 2017 // Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts.Parametric coverage is also gaining traction as hazard modeling...
Nov 22 2017 // A Florida nursing home under investigation for the deaths of 13 patients after Hurricane Irma says in a letter to Congress that staff members did everything possible but couldn’t overcome a lack of power to the...
Nov 20 2017 // Republican Texas Gov. Greg Abbott on Nov. 17 criticized as “completely inadequate” the Trump administration’s $44 billion request to Congress for disaster relief in his hurricane-ravaged state and other...
Nov 20 2017 // Cumulative net catastrophe losses for reinsurance companies from Hurricanes Harvey, Irma and Maria, along with the Mexico earthquakes, are between $20 billion-$25 billion out of an overall industry loss of $90 billion,...
Nov 20 2017 // The claims for Hurricane Irma are starting to pour in and they’ll be big, $25 billion to $35 billion, forecaster AIR Worldwide says.The scenes of flooding, displaced people, wrecked homes and disrupted communities...
Nov 20 2017 // The aging U.S. population will create unprecedented demand for the senior living industry for decades to come and that opens the door for agents and brokers to grow their business in this sector. But understanding the...
Nov 20 2017 // The aftermath of this year’s hurricanes includes massive reconstruction across the impacted areas, which in turn creates an increased possibility for construction defect claims that would affect the liability...
Nov 20 2017 // Brokers and insureds are wondering what impact the devastation left by Hurricanes Harvey, Irma, Maria and Nate will have on property insurance rates, capacity and coverage terms. Short term, there will likely be an...
Nov 20 2017 // Hurricane Harvey caused more than $200 million in crop and livestock losses, according to Texas A&M AgriLife Extension Service. Hurricane losses by agricultural commodity include: livestock – $93 million; cotton...
Nov 20 2017 // More than 63,000 recreational boats were damaged or destroyed by Hurricanes Harvey and Irma, resulting in a damage estimate of $655 million, according to a national association dedicated to recreational boaters.Boat Owners...
Nov 20 2017 // Brokers and insureds are wondering what impact the devastation left by Hurricanes Harvey, Irma, Maria and Nate will have on property insurance rates, capacity and coverage terms. Short term, there will likely be an...