2018 hurricane season News

Typhoon Yutu Slams into Philippines, Traveling Path of Super Storm Mangkhut

Typhoon Yutu slammed into northern Philippines on Tuesday and is traveling a path similar to last month’s super storm Mangkhut that killed at least 82 people and damaged about $500 million of farm output in the Southeast Asian nation. More …

Philippine Authorities Move People to Safer Grounds as Typhoon Approaches

Philippine authorities started to move people to safer grounds as Typhoon Yutu approaches, tracking a path similar to last month’s storm that devastated rice-producing provinces in the main island of Luzon. Yutu, which last week became the strongest storm since …

Super Typhoon Yutu Threatens Philippines’ Most Populous Island

Super Typhoon Yutu could rip into eastern Luzon in the Philippines on Tuesday, extending the toll of destruction it left in the U.S. Northern Mariana Islands earlier this week. Yutu was about 731 miles (1,176 kilometers) east of Luzon with …

Mexico Begins Digging Out from Destruction of Hurricane Willa

Residents on Mexico’s Pacific Coast on Wednesday began clearing up the wreckage left by Hurricane Willa, which ripped through towns overnight, tearing off rooftops, downing power lines and splitting trees apart. Willa, a powerful Category 3 hurricane, hit the northwestern …

Typhoon Yutu Hits Northern Mariana Islands as Strongest Storm in 68 Years

Super Typhoon Yutu battered the Pacific Ocean’s Northern Mariana Islands with 178 mile (286 kilometers) per hour winds, making it the strongest storm to hit the U.S. territory since 1950. The storm’s eye crossed directly over the island of Tinian, …

Mexican Insurers Will Absorb Losses from Hurricane Willa: A.M. Best

Mexico’s insurance industry overall remains well-capitalized and can absorb the financial impact generated from Hurricane Willa, according to an A.M. Best briefing. Hurricane Willa made landfall on Oct. 23 on Mexico’s Pacific Coast (approximately 300 miles west of Mexico City) …

Georgia Gov. Calls Special Session to Address Hurricane Michael Recovery Costs

Georgia Gov. Nathan Deal has called a special session of the state legislature to grapple with the recovery costs from Hurricane Michael. The Atlanta Journal-Constitution reports that the governor’s office expects the state’s portion of cleanup costs to be approximately …

Florida Death Toll From Hurricane Michael Climbs to 29

Authorities in Florida say Hurricane Michael has killed at least 29 people in the state, bringing the overall death toll to 39. Florida Emergency Management Division spokesman Alberto Moscoso says the state toll stood at 29 on Monday afternoon. Ten …

RenaissanceRe Estimates Q3 Claims Costs of $155M from Natural Catastrophes

RenaissanceRe Holdings Ltd. announced it currently estimates that the cost of claims from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2018 results. The estimated losses for these …

Swiss Re to Post ‘Large’ Q3 Losses from Italy Bridge Collapse, Natural Disasters

Swiss Re AG said it will post relatively “large” losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms. Natural disaster claims, mainly from Japan and North …