Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
South Carolina Officials Urge Dam Checks Before Hurricane
Sep 13 2018 // South Carolina officials are asking dam owners to inspect their dams and lower pond and lake levels if possible to prepare for possible heavy rains from Hurricane Florence. The Department of Health and Environmental...
North Carolina Tobacco Crop at Risk from Hurricane Florence
Sep 13 2018 // Tobacco crops in North Carolina, the top U.S. producer, are right in the projected path for Hurricane Florence, which threatens to cause plants to rot, whether they’re still in the fields or have already been...
North, South Carolina Insurance Chiefs Ready for Hurricane Florence
Sep 13 2018 // Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on...
Update: Hurricane Florence Slows to Category 2; Dangerous Storm Surge, Rainfall Still Expected
Sep 12 2018 // Thurs., Sept. 13, 11 am: Hurricane Florence was downgraded to a Category 2 hurricane yesterday as its maximum sustained winds decreased today to about 110 mph, according to NOAA. The winds were clocked at 105 mph...
Climate Forces Behind Florence Look Like Those of Harvey, Sandy
Sep 12 2018 // As Hurricane Florence barrels toward North Carolina, it’s being strengthened and guided by a one-two punch of climate factors scientists have been tracking for years. Florence, which threatens to be the most severe...
7 Ways to Help Clients Survive Hurricanes (and Other Disasters)
Sep 12 2018 // The threat of Hurricane Florence is bringing into sharper focus the often-unfulfilled need for adequate disaster insurance for businesses – and the related opportunity for insurance agents and brokers to help clients...
Pay Attention to the Hurricane Deductible
Sep 12 2018 // It’s hurricane season. I’ll wait for your shock to subside. If you live in a coastal state from Texas on the Western Gulf Coast to Virginia, you already knew it was hurricane season. I’m just reminding...
Insurers Forecasting Significant Claims from Businesses from Hurricane Florence
Sep 12 2018 // Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations. Evacuations, already affecting more...
Farmers in Hurricane Florence’s Path Race to Cushion the Blow
Sep 11 2018 // North Carolina corn farmer Darren Armstrong is racing to harvest as much as he can before potentially the worst storm in 64 years hits the state. It’s already one of the busiest times of the year for U.S. growers as...
Update: Hurricane Florence Expanding as It Moves Toward Carolinas Coast
Sep 11 2018 // Wed., Sept. 12, 2018, 8:08 am — Florence’s track to the U.S. East Coast shifted slightly to the south and the storm is now threatening to batter the entire Carolinas coast, aiming for landfall near Myrtle...
Hurricane Florence Risks to North Carolina Include Toxic Sludge, Lagoons of Pig Manure
Sep 11 2018 // Hurricane Florence’s potential for destruction also includes increased risks for the environment and public health as torrential rains could overwhelm the pits where toxic waste from power plants is stored....
Texas Working to Finish Hurricane Ike Recovery Projects Before Deadline
Sep 11 2018 // It’s been nearly 10 years since Hurricane Ike devastated Galveston, and government agencies are still working to complete recovery projects before a state-imposed deadline. Thursday marks a decade since Ike made...
Orange Blob in Gulf Following Harvey’s Path Toward Texas
Sep 11 2018 // While all eyes are on Hurricane Florence churning toward the North Carolina coast, a little orange blob may be much more important for energy traders later this week. A patch of showers and thunderstorms in the western...
Could Hurricane Florence Cost Insurers $20 Billion?
Sep 11 2018 // Here’s some grim back-of-the-envelope math for insurers: Hurricane Florence may wreak $15 billion to $20 billion in covered losses from wind and coastal storm-surge, if the past is any guide, according to catastrophe...
Why Catastrophe Bonds Are Anything But a Disaster: Viewpoint
Sep 11 2018 // Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of “cat bonds” has climbed to more than $11 billion this year, about the same as this time in 2017, when...
Hurricane Florence a Reminder of Flood Insurance Reforms Stalled in Congress
Sep 11 2018 // U.S. taxpayers who spent billions of dollars after a trifecta of hurricanes last year are poised to do so again after a fix to the nation’s troubled flood insurance program remains stalled in Congress — and as...
CoreLogic: 759K Homes, $170B in Reconstruction Value at Risk from Florence Storm Surge
Sep 11 2018 // Nearly 759,000 homes with a reconstruction cost value (RCV) of approximately $170.2 billion are at potential risk of storm surge damage from Hurricane Florence based on its Category 4 status, CoreLogic said in an analysis...
Facebook Says Community Help Feature Ready to Assist Florence Recovery Efforts
Sep 10 2018 // After a relatively slow start to the 2018 season, three hurricanes are now churning in the Atlantic on potential tracks toward the U.S. east coast and the Caribbean. Ahead of Hurricane Florence’s projected landfall...
Update: ‘Extremely Dangerous’ Hurricane Florence Prompts Evacuations in Carolinas
Sep 10 2018 // Tuesday, Sep 11, 2018, 5:47 am— Florence continued to roll toward the U.S. East Coast, poised to become the strongest hurricane in almost 30 years to hit the Carolinas as more than 1 million people began fleeing a...
ILS Market Could Bear 20% of Hurricanes Harvey, Irma, Marie Loss: A.M. Best
Sep 10 2018 // The insurance-linked securities (ILS) market potentially could bear up 20 percent of the insured losses generated by Hurricanes Harvey, Irma and Marie, according to an A.M. Best report. These three hurricanes during a...
