Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
First Harvey Lawsuit Filed to Beat New Texas Tort Reform Law
Sep 6 2017 // Late in the afternoon on Aug. 31, a Dallas law firm filed a lawsuit to circumvent a new Texas law that went into effect on Friday, Sept. 1. The newly passed law, HB1774, was meant to curb hail lawsuit abuse, but after...
Relief Slow for Small Texas Coastal Towns Recovering from Harvey
Sep 6 2017 // Some shoreline communities in Texas that bore the brunt of Hurricane Harvey still need clean water, electricity and health care more than a week after the winds and rain subsided. Locals in Port Aransas, Seadrift and...
Hurricane Irma Brings Fierce Winds, Surf and Rain to Caribbean Islands
Sep 6 2017 // Hurricane Irma, one of the most powerful Atlantic storms in a century, churned across northern Caribbean islands on Wednesday with a potentially catastrophic mix of fierce winds, surf and rain, en route to a possible...
Florida’s Private Flood Insurers Could Face Big Test from Hurricane Irma
Sep 6 2017 // Hurricane Irma could test a nascent private flood insurance market in Florida that some advocates say is a model for making U.S. flood coverage more affordable and commonplace in high-risk areas. Florida’s private...
Florida Insurers’ Shares Tumble as Irma Threatens
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...
Powerful Hurricane Irma, on Path to Slam Caribbean Then Florida, Could Surpass Katrina
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...
Pre-Monte Carlo Outlook: Reinsurance Rates to Drop Up to 7.5% Despite Harvey
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...
Florida in State of Emergency as Category 5 Hurricane Irma Threatens
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...
Hurricane Harvey Puts Pressure on Regional Insurers in Texas, Says A.M. Best
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...
Why Federal Flood Program Is Sinking Deeper Into Debt: CBO Report
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...
Southern U.S., Caribbean Islands Brace for Hurricane Irma
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...
Insured Loss Estimates from Harvey Will Take Time
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...
Flood Insurance Losses from Harvey Could Match Katrina’s, I.I.I. Says
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...
Lessons Learned from Hurricane Andrew
Sep 4 2017 // How the Insurance Industry Can Mitigate the Next Big Natural Disaster As 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....
Harvey Hits Home
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...
25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew
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...
As Harvey Winds Down, Hurricane Irma Waiting in Wings
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...
Climate Change and Hurricanes – The Worst Is Yet to Come
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...
Update: Claims Teams Begin Handling Onslaught of Harvey Claims
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...
Tallying Massive Costs of Harvey to Victims, Insurers, Taxpayers and Economy
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...
