President Donald Trump blamed congressional Democrats for a lagging federal response to the hurricane-ravaged Florida Panhandle on Wednesday, declaring that his political opponents care more about investigating his administration than funding storm relief. Trump held a campaign rally in Panama …
Hurricane Florence killed 22 people across three Southeastern states, was the ninth most destructive storm in terms of property damage in U.S. history and spawned 44 tornadoes, a report from the National Hurricane Center said Friday. The report described Florence …
The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of the overall total, creating the fourth costliest year on record of insured losses, according to an Aon report titled “Weather, …
Arch Capital Group Ltd. reported an estimated range of fourth quarter pre-tax losses of $110 million to $130 million from global natural catastrophes, including Hurricane Michael and California wildfires. These estimates are net of reinsurance recoveries and reinstatement premiums, said …
The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last year’s natural disasters pointed to “clear …
Florida Insurance Commissioner David Altmaier is urging Florida insurers to close the more than 42,000 Hurricane Michael claims that remain open nearly three months after the storm. In a Dec. 19 memorandum to all property and casualty insurers authorized to …
Citing a “troubling” number of Hurricane Michael-related consumer complaints and claims denials, Florida’s top financial regulator is urging insurers to respond more quickly and adequately to consumers recovering from the major storm that devastated the Florida Panhandle in October. Florida …
A county on Florida’s Panhandle has voted to take out a $50 million bond to help recover from Hurricane Michael. The News-Herald reports that Bay County Commission voted Nov. 20 to use the money to cover debris removal, stormwater system …
It has been just over a month since Hurricane Michael slammed the Florida Panhandle as a Category 4 hurricane with wind speeds reaching just shy of Category 5 status. The devastation from the storm that killed at least 35 people …
At least 10 people were killed and about 20 are missing in a trail of landslides in the mountainous region of northern Philippines after the devastation caused by Typhoon Yutu, according to government authorities. Rescuers were still searching for at …
