Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
AIR Says Hurricane Ida Insurance Losses Could Reach $30 Billion
Sep 13 2021 // Modeling firm AIR Worldwide has updated its insured loss estimates for Hurricane Ida and now projects that Ida’s insured industry losses will range from $20 billion to $30 billion. The estimate includes inland flood...
U.S. Hurricane Ida, Haiti Quake, Multiple Major Wildfires Among August’s Disasters: Aon
Sep 13 2021 // Hurricane Ida will likely become one of the costliest U.S. mainland hurricanes on record both on a nominal and inflation-adjusted basis, according to Aon’s monthly Global Catastrophe Recap report, which evaluated the...
Louisiana Orders Insurers to Pay Hurricane Ida Evacuation Expenses
Sep 9 2021 // Louisiana’s top insurance regulator on Sept. 7 directed insurance companies pay policyholders’ Hurricane Ida evacuation expenses as damaged infrastructure and dangerous living conditions in Southeast Louisiana...
U.S. Probing Nearly 350 Reports of Oil Spills in Hurricane Ida’s Wake
Sep 7 2021 // The U.S. Coast Guard said on Sept. 6 it was investigating nearly 350 reports of oil spills in and along the U.S. Gulf of Mexico in the wake of Hurricane Ida. Ida’s 150 mile-per-hour (240 kph) winds wreaked havoc on...
Entergy Louisiana: Hurricane Ida Power Restoration Could Take Weeks
Sep 7 2021 // Full restoration of electricity to some of the hardest-hit areas of Louisiana battered to an unprecedented degree by Hurricane Ida could take until the end of the month, the head of Entergy Louisiana warned Sept. 4. At...
AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25 Billion
Sep 3 2021 // Insurance industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from $17 billion to $25 billion. AIR’s modeled insured loss estimates include insured...
Ida’s Inland Path May Reveal Hidden Risk, Test Mapping Methods of Hurricane Floods
Sep 2 2021 // With remnants of Ida delivering downpours and fierce winds from North Carolina to New Jersey, U.S. government methods for assessing flood risks may be put to the test this week. While coastal communities would seem to have...
Floods, Outages Stall Oil Companies’ Efforts to Restart After Hurricane Ida
Aug 31 2021 // Widespread flooding from Hurricane Ida and power outages slowed efforts on Tuesday by energy firms to assess damages at oil production facilities, ports and refineries. Nearly all of Louisiana lost electrical power on...
Higher Rebuilding Prices Expected to Boost Hurricane Ida’s Insurance Costs
Aug 31 2021 // Insurers are bracing for $15 billion to $30 billion in claims from Hurricane Ida, but the figure could jump higher, in part because of pandemic pricing that has pushed up the cost of lumber and labor to rebuild, insurance...
CoreLogic: Hurricane Ida Threatens 941K Homes with $220B in Rebuilding Cost
Aug 29 2021 // Severe wind, surge inundation and extended heavy rainfall endanger more than 941,000 homes with a reconstruction cost value of all at-risk homes totaling more than $220 billion, catastrophe modeling firm CoreLogic reported...
KCC Estimates Insured Loss From Hurricane Grace: $300M in Mexico, $30M in Caribbean
Aug 26 2021 // Catastrophe modeling firm the Karen Clark & Company (KCC) estimates that the insured loss to onshore properties from Hurricane Grace will be around $330 million—$300 million in Mexico and $30 million in the...
$40M in Hurricane Laura Repairs at Louisiana College
Aug 25 2021 // A southwest Louisiana community college says it has nearly completed more than $40 million in repairs and rebuilding needed because of damage from last year’s Hurricane Laura. The need for skilled workers to repair...
Hurricane Laura Hit Louisiana a Year Ago but Recovery Is Ongoing
Aug 24 2021 // Hurricane Laura made landfall in Southwest Louisiana nearly a year ago but local officials and state insurance regulators say the area still a long way to go to recover. Laura, which made landfall on August 27, 2020,...
Hurricane Grace Crosses Mexico, Killing at Least 8 People
Aug 23 2021 // Hurricane Grace crossed through Mexico on Saturday, leaving at least eight people dead, causing floods and power cuts to more than half a million customers, before losing force as it swept toward the country’s...
Tropical Storm Henri Could Strike New York, New England as Hurricane Starting Sunday
Aug 20 2021 // Tropical Storm Henri is set to grow into a hurricane before slamming the U.S. Northeast anywhere from Long Island to Massachusetts, bringing heavy rain, a flooding storm surge and thrashing winds to the region starting...
U.S. Is Vulnerable Enough to Hurricanes. We Don’t Need Another Storm From an Insurance Tax.
Aug 12 2021 // As a longtime Florida resident, I have witnessed the destructive power of hurricanes on the lives and properties of countless Floridians and others across the Atlantic and Gulf coasts. Hurricanes can pack such enormous...
Louisiana 2020 Hurricane Update: $10B in Claims Reported as of June 30
Aug 9 2021 // The amount of money that insurers expect to pay for the 2020 hurricanes continues to grow, albeit more slowly, as Louisiana gets further away from last year’s historic storm season. According to the Louisiana...
Atlantic Hurricane Forecast Still Calls for an Above-Average Season
Aug 4 2021 // Conditions remain in line for the current Atlantic hurricane season to be an above-average one, according to the mid-season update by NOAA’s Climate Prediction Center. NOAA says there is a 65% likelihood that the...
Court Affirms Miami Condo Tower Hurricane Damage Award That Disappointed Both Sides
Jul 27 2021 // The 11th Circuit Court of Appeals affirmed a jury verdict that found an insurer liable for $2.6 million in damages to a Miami condominium tower caused by Hurricane Irma, rejecting arguments made in appeals filed by parties...
Connecticut Regulators Finalize Fines for Utilities Over Isaias Response
Jul 20 2021 // Connecticut regulators finalized millions of dollars in fines against the state’s two largest electricity distributors for what officials called the companies’ failures in their preparations and responses to...
