All the headlines from our Hurricane Topic Page, ordered by recency.
Sep 6 2017 // Shares of Florida home insurers, including Heritage Insurance Holdings, tumbled on Tuesday and many extended losses later in the day as Hurricane Irma appeared set to hit Florida on Saturday, causing investors to brace for...
Sep 5 2017 // Hurricane Irma, the most powerful storm to form in the open Atlantic Ocean, made landfall in the Caribbean early Wednesday and barreled toward Puerto Rico on a path that may bring it ashore in Florida and destroy so much...
Sep 5 2017 // Global reinsurance rates are likely to fall by up to 7.5 percent at Jan 2018 renewals due to strong competition, despite the impact of Hurricane Harvey, ratings agencies said on Tuesday.Reinsurers, which help insurers...
Sep 5 2017 // Florida declared a state of emergency before a possible hurricane strike after Irma strengthened to become a Category 5 storm on its approach to the Caribbean.Irma’s maximum winds rose as high as 175 miles an hour...
Sep 5 2017 // Losses anticipated from Hurricane Harvey are unlikely to exceed the top reinsurance limits of insurers writing business in Texas, according to new Best’s Special Report, titled, “Texas Insurers Expected to...
Sep 5 2017 // The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey.The National Flood Insurance Program (NFIP) is currently on a path that...
Sep 4 2017 // Hurricane Irma, barreling toward the Caribbean and the southern United States, was upgraded to a powerful Category 4 storm on Monday as islands in its path braced for a possible onslaught.Hurricane advisories were issued...
Sep 4 2017 // Flood losses from Hurricane Harvey, which made landfall as a Category 4 storm late on Aug. 25 near Rockport, Texas, are expected to vastly outnumber those from wind but that doesn’t mean property losses will be...
Sep 4 2017 // Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, according to an insurance research group.As heavy rain pounded Houston and...
Sep 4 2017 // How the Insurance Industry Can Mitigate the Next Big Natural DisasterAs an industry, we knew there could be large and costly hurricanes. We witnessed the destruction that Category 5 Hugo wrought on the Carolinas in 1989....
Sep 4 2017 // As a native Texan, my heart hurts for the thousands of people and business owners affected by Hurricane Harvey. Family, friends and business associates in the Lonestar State will be dealing with the aftermath for years to...
Sep 4 2017 // Aug. 24, 1992 was anything but a typical Monday for Robert Reynolds as he drove through debris-filled roads and devastation on the way to his family-run agency then located just north of Homestead, Fla.Hurricane Andrew had...
Sep 1 2017 // Hurricane Harvey has left major devastation in Texas, but there is another hurricane called Irma out in the Atlantic that could take aim at the United States within the next week or so.Irma became a hurricane early on...
Aug 31 2017 // How powerful would Hurricane Harvey have been in 1880? How much stronger might it be in 2100?A single Hurricane Harvey has been more than anyone can bear. But to better prepare cities for future storms, researchers are...
Aug 31 2017 // Hurricane Harvey has set a U.S record, according to the National Weather Service, dumping 51.88 inches of rain in parts of Texas. As the tropical storm moves over southern Louisiana, claims catastrophe teams are moving in...
Aug 31 2017 // Hurricane Harvey’s costs to the victims in its path, to U.S. taxpayers, to insurers and to the economy were still being calculated on Wednesday, with few firm estimates available yet.Texas could need more than $125...
Aug 31 2017 // Jerry Garcia’s home in Corpus Christi missed the worst of Hurricane Harvey by just a few miles and lost nothing more than some shingles and his backyard pier, which turned up further down Oso Bay. A 5-foot bulkhead...
Aug 30 2017 // Tropical Storm Harvey bore down on Louisiana on Wednesday, pouring down more water after setting rainfall records in Texas that caused catastrophic flooding and paralyzed the U.S. energy hub of Houston.The storm that first...
Aug 30 2017 // The nonprofit Insurance Industry Charitable Foundation (IICF) has established the IICF Hurricane Harvey Disaster Relief Fund to assist victims affected by Hurricane Harvey.IICF said it will collect and report on the total...
Aug 29 2017 // With Texas still being lashed by rain and rescues still underway, President Donald Trump vowed that the government’s response to Hurricane Harvey would serve as a model for disaster recovery.“We want to be...