Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
Harvey, Houston, America, Politics and Building Codes
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...
Harvey Bears Down on Louisiana as Flooding Paralyzes Houston
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...
Insurance Industry Opens Hurricane Harvey Disaster Relief Fund
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...
Harvey Update: Trump Vows Model Recovery; Thousands Rescued; Deaths, Costs Increasing
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...
S&P: Primary P/C Insurers, Not Reinsurers, to Bear Brunt of Harvey’s Insured Losses
Aug 29 2017 // While it’s too early to accurately quantify the insured losses related to Hurricane Harvey, primary insurance carriers — as opposed to reinsurers — would retain the majority of losses, according to analysts at...
Texas Regulators Offer Guidance to Insurers on Harvey Response
Aug 29 2017 // The Texas Department of Insurance has issued several bulletins offering guidance to insurers related to Hurricane Harvey, which made landfall near Rockport, Texas, late on Aug. 25. The bulletins are in response to the...
Lloyd’s Insurers’ Stocks Fall on Possible Claims from Hurricane Harvey
Aug 29 2017 // Lloyd’s of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that’s battering Houston, the epicenter of the U.S. oil industry. The storm, which which made landfall...
Harvey’s Insured Losses Hurt Insurers’ Stocks, Could Boost Reinsurers’ Prices
Aug 29 2017 // Hurricane Harvey’s whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property and casualty insurers on Monday as Wall Street analysts estimated insured losses as high as $20...
Trump to Send Congress ‘Very Expensive’ Disaster Aid Request for Harvey Victims
Aug 29 2017 // U.S. lawmakers are expected to pass a large aid package for victims of Hurricane Harvey, but specifics of the plan and its price tag are unclear as Congress awaits a funding request from the Trump administration. Rain...
IIAV ‘Redoubling’ Hurricane Preparedness Efforts Since Following Harvey’s Texas Impact
Aug 28 2017 // The Independent Insurance Agents of Virginia (IIAV) is motivated to “redouble its efforts” around hurricane preparedness, particularly as it relates to flood damage, since following Hurricane Harvey’s...
Harvey’s Catastrophic Costs Mount; Many Lack Adequate Insurance
Aug 28 2017 // Hurricane Harvey’s second act across southern Texas is turning into an economic catastrophe — with damages likely to stretch into tens of billions of dollars and an unusually large share of victims lacking...
25 Years Later…What If an Andrew-Type Storm Hit Florida Today?
Aug 28 2017 // Though Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, the risk of such a storm has not gone away or even declined. In fact, the state’s risk of...
Hurricane Harvey Could Spur Congress to Act on Flood Insurance
Aug 28 2017 // The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a federal flood insurance program that is due to expire in September, advocacy groups said. The...
Hurricane Harvey’s Flood Insurance Losses Could Match Katrina’s
Aug 28 2017 // Flood damage in Texas from Hurricane Harvey may equal that from 2005’s Hurricane Katrina, the costliest natural disaster in U.S. history, said an insurance research group on Sunday. As heavy rain pounded Houston and...
Hurricane Harvey Shutters Key Oil, Gas Operations in Texas
Aug 27 2017 // Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Hurricane Harvey pounds the region with torrential rain and high winds, virtually assuring gasoline prices will rise in the storm’s...
Harvey Smashes Homes, Businesses; Heavy Rain Continues
Aug 27 2017 // Hurricane Harvey rolled over the Texas Gulf Coast on Saturday, smashing homes and businesses and lashing the shore with wind and rain so intense that drivers were forced off the road because they could not see in front of...
Insurance Adjusters Mobilized to Deal with Harvey Cat Losses
Aug 27 2017 // Teams of insurance adjusters were mobilized Friday in Texas cities closest to Hurricane Harvey’s expected path of destruction. Hurricane Harvey made landfall late Friday evening as a category 4 hurricane. According...
How Hurricane Harvey Is Affecting Catastrophe Bonds
Aug 27 2017 // Bonds tied to weather risks tumbled the most in seven months as Hurricane Harvey advanced on Texas’s Gulf Coast. The Swiss Re Cat Bond Price Return Index dropped 0.44 percent this week, the steepest decline since...
Saturday Update: Hurricane Harvey Expected to Weaken to Tropical Storm
Aug 26 2017 // Early this morning, Hurricane Harvey weakened to a category 1 hurricane as it moved farther inland over southeastern Texas. It continues to bring “life-threatening storm surge, rainfall, and wind hazards to portions...
Harvey Hits Texas With Massive Winds, Torrential Rain
Aug 26 2017 // Harvey became the strongest hurricane to hit Texas in more than 50 years, making landfall in the heart of the U.S. energy sector and bringing the danger of a life-threatening storm surge. Harvey came ashore as a Category 4...
