Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Do You Remember Before You Knew Insurance?
Sep 20 2017 // When Hurricane Andrew made landfall in August 1992, I was a young soldier. To be honest, I was much more interested in my young Army career than a hurricane. When Hurricane Katrina made landfall in August 2005, I had just...
What If an Irma-Like Hurricane Hit the New York City Metro Area?
Sep 19 2017 // It sounds like a Hollywood disaster movie. A Category 5 hurricane churning in the mid-Atlantic suddenly veers northwest – and heads straight for New York City. The good news is that, for now, experts agree a Cat...
Financially-Strapped Puerto Rico Faces Hurricane Maria After $1 Billion Hit by Irma
Sep 19 2017 // Two weeks ago, Puerto Rico was spared a devastating hit when Hurricane Irma ripped up the Caribbean. This time, it may not be so lucky. The bankrupt island, already contending with the aftermath of a storm that left as...
Expert’s Advice to Florida Agents: Report Claims That Fall Below Hurricane Deductible
Sep 19 2017 // With many agents currently assisting clients in determining if they have claims and the insurance claim filing process in the aftermath of Hurricane Irma, one most common question received by the Florida Association of...
4 Hurricane Irma-Affected U.S. Attorney Offices Form Fraud Task Forces
Sep 19 2017 // The National Center for Disaster Fraud (NCDF) along with U.S. Attorneys’ Offices in the District of Puerto Rico, Southern District of Florida, Middle District of Florida and Northern District of Florida have formed...
Category 5 Hurricane Maria Slams Dominica on Way to Virgin Islands, Puerto Rico
Sep 18 2017 // Hurricane Maria caused “mind boggling damage,” ripping off roofs across the small island of Dominica before pushing on toward the U.S. Virgin Islands and Puerto Rico on Tuesday as the second top-strength storm...
‘Future-Proofing’ Texas a Political, Bureaucratic Challenge for Harvey Recovery Czar
Sep 18 2017 // The man tasked with overseeing Texas’ Hurricane Harvey rebuilding efforts sees his job as “future-proofing” before the next disaster, but he isn’t empowered on his own to reshape flood-prone Houston...
Hurricane Harvey-Caused Oil, Chemical Spills Dwarfed by Katrina’s
Sep 18 2017 // More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a...
Hurricanes to Usher in Short-Term Hard Market for Property Risks: Survey
Sep 18 2017 // Damage left by Hurricanes Irma and Harvey will lead to a hardened property market and pricing correction, at least in the short-term according to a new KPMG survey. In related analysis, a new Morgan Stanley report...
Weakening Hurricane Jose Could Graze Massachusetts Wednesday
Sep 18 2017 // A weakened Hurricane Jose could graze the Northeast as Hurricane Maria tears through the Caribbean, gaining strength and possibly heading toward the U.S. in a week. Jose will probably be downgraded to a tropical storm as...
Some Insurance Adjusters Camping Out in Texas after Harvey
Sep 18 2017 // To process tens of thousands of auto and property claims with losses already well into the billions of dollars, insurance companies have adjusters camping out across Texas. The Houston Chronicle reports in one case, the...
Hey Congress, Hurricanes and Health Care Have a Lot in Common: Bloomberg View
Sep 18 2017 // As Congress continues to struggle with health insurance reform, members should be ruminating on the scenes of “recovery” beaming in from East Texas and Florida, where the majority of households — many now...
Firms Hit by Harvey, Irma Hope Business Interruption Coverage Pays Off
Sep 18 2017 // Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers. Exclusions in the fine print of policies, along...
A.M. Best: Hurricane Irma to Test Florida Market Newbies
Sep 18 2017 // Although insured losses as a result of Hurricane Irma will not be as severe as originally forecast, the storm still represents a sizeable catastrophe event that will test the infrastructure and potentially strain the...
Why the Federal Flood Program Is Sinking Deeper into Debt: CBO Report
Sep 18 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...
Declarations
Sep 18 2017 // Campus Guns “College campuses as gun-free zones present an environment where murderers, rapists and other criminals may commit crimes without fear of being harmed by their victims.” — An NRA lobbyist who...
Hurricane Costs Become Talk of Monte Carlo’s Reinsurance Rendezvous
Sep 18 2017 // As Hurricane Irma battered Florida, the cream of the insurance world — gathered in Monte Carlo — was assessing the costs of the storm for the global industry. The takeaway so far: Irma and its predecessor,...
Hurricane Maria Speeds Up, Threatening Already-Battered Caribbean Islands
Sep 17 2017 // For the third time this month, a hurricane is spinning toward the already battered Caribbean and gathering strength along the way. The National Hurricane Center upgraded tropical storm Maria to a hurricane Sunday as winds...
ICT Pegs Hurricane Harvey Insured Losses at $19B
Sep 15 2017 // The Insurance Council of Texas (ICT) has placed the insured losses from Hurricane Harvey at $19 billion. That number includes an estimated $11 billion in flood losses insured by the National Flood Insurance...
8 Patients Killed in Florida Nursing Home After Irma-Related Power Outages
Sep 15 2017 // Eight patients at a sweltering nursing home died after Hurricane Irma knocked out the air conditioning, raising fears about the safety of Florida’s 4 million senior citizens amid power outages that could last for...
