Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
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...
Fitch Expects Most Insurers, Reinsurers to Handle Losses from Both Harvey, Irma
Sep 14 2017 // Fitch Ratings reported that based on its initial assessments, most U.S. insurance companies and global reinsurers that it rates are not expected to be downgraded as a result of the combined effects of Hurricanes Irma and...
Irma’s Path, Girth Created Bizarre Storm Surge in Florida
Sep 14 2017 // Hurricane Irma’s devastating storm surge came with weird twists that scientists attribute to the storm’s girth, path and some geographic quirks. A combination of storm surge, heavy rains and swollen rivers sent...
Florida Insurance Regulator Issues Irma-Related Emergency Order
Sep 14 2017 // The Florida Office of Insurance Regulation has suspended and activated certain insurance rules and statutes for the health, safety, and welfare of Florida’s policyholders in the aftermath of Hurricane Irma, according...
Texas AG Sues 3 Businesses for Price Gouging During Hurricane Harvey
Sep 13 2017 // Attorney General Ken Paxton has filed lawsuits against three Texas businesses, accusing them of unlawful price gouging while consumers were in need of fuel, shelter and other essentials as a result of Hurricane...
Texas Mutual Creates $10M Fund for Policyholders Affected by Hurricane Harvey
Sep 13 2017 // Workers’ compensation insurance provider Texas Mutual Insurance Co. has established a grant of $10 million to policyholders affected by Hurricane Harvey. The grant program is intended to support the recovery of...
Willis Towers Watson: Hurricane Harvey Could Upend Commercial Insurance Prices
Sep 13 2017 // Hurricane Harvey could upend a trend of nearly flat commercial insurance prices that has continued since 2015, Willis Towers Watson said in its latest industry survey. “Insurers are bracing for a significant volume...
Cat Facility CCRIF to Pay 6 Caribbean Nations $29.6M for Hurricane Irma Damage
Sep 13 2017 // Cayman Islands-based CCRIF (formerly the Caribbean Catastrophe Risk Insurance Facility) will make payments totaling US$29.6 million to six Caribbean nations recovering from Hurricane Irma. CCRIF’s parametric tropical...
Key Items to Remember After the Storm Passes Over
Sep 13 2017 // I wasn’t planning on writing about hurricane season again, but circumstances made it feel like the right thing to do. This hurricane season is already memorable, and it’s still got over two months to go. The...
Hurricane Irma May Push Island States to Seek Climate Change Aid
Sep 13 2017 // Devastation from Hurricane Irma in the Caribbean will sharpen the demands from small island nations that top fossil-fuel consumers help them cope with damage attributable to climate change, according to representatives of...
Irma Leaves Behind Death and Destruction in Cuba
Sep 12 2017 // The historic but often decrepit buildings of Havana and other colonial Cuban cities couldn’t stand up to Hurricane Irma’s winds and rainfall, collapsing and killing seven people in one of the highest death...
Travelers Insurance Expects Hurricane Harvey Losses Between $375M-$750M
Sep 12 2017 // The Travelers Companies Inc. estimates that its catastrophe losses relating to Hurricane Harvey, including estimated recoveries from reinsurance, will be in the range of $375 million to $750 million pre-tax ($245 million...
Hurricane Irma Adds to Pressure on New Greenlight Re Chief
Sep 12 2017 // Hedge fund manager David Einhorn has endured a number of losing bets at his insurance venture. Now, the weather is becoming a threat for his Greenlight Capital Re Ltd. The company’s stock has slumped about 9 percent...
How ‘Bermuda High’ Threw Irma and Damage Estimates Off Course
Sep 12 2017 // Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest...
Irma Topples Two Construction Cranes Atop Miami High-Rises
Sep 11 2017 // Two cranes atop high-rise buildings under construction collapsed Sunday in downtown Miami amid strong winds from Hurricane Irma. The cranes were among two dozen such heavyweight hazards looming over the city skyline as the...
Florida Residents Return to Irma’s Battered Homes, Flooded Streets, Power Outages
Sep 11 2017 // Storm-shocked Floridians returned to shattered homes on Monday as the remnants of Hurricane Irma pushed inland, leaving more than half of all state residents without power and city streets underwater from Orlando and...
Florida ‘Dodged a Cannon’ as Irma Swerved and Weakened
Sep 11 2017 // Florida is drenched, tattered — but fortunate. Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its wake a state that avoided the worst predictions of its destruction by sea and storm. By one...
Hurricane Harvey: Identifying the Insurance Gap
Sep 11 2017 // This post is part of a series sponsored by CoreLogic. As hurricane Harvey made landfall north of Corpus Christi last week, this Category 4 hurricane left devastation in its wake. CoreLogic® estimates that the total...
