The 2021 Atlantic hurricane season was the third most active on record and the sixth consecutive year of above-average hurricane activity. Still, the overall season was mostly in line with the updated 30-year average, according to experts from AIR Worldwide. …
This year’s hurricane season started out as one of the most prolific in the modern era. Then suddenly, in October, the storms stopped. As of Friday, the Atlantic hasn’t produced a single new tropical storm in a month. Such a …
Through the end of September, there have been 18 weather and climate disaster events with losses exceeding $1 billion each across the U.S. during 2021. These events include one drought/heat wave event, two flooding events, nine severe storm events, four …
On Aug. 25, the fourth anniversary of Hurricane Harvey, which dumped about 50 inches of rain on Houston, Mayor Sylvester Turner announced that the city “is safer today as it prepares to move forward.” Now comes Tropical Storm Nicholas as …
HOUSTON — Heavy rains lashed Texas and Louisiana on Tuesday as hurricane Nicholas weakened into a tropical storm, bringing the threat of widespread floods and power outages as it swept down the U.S. Gulf Coast. It is the second major …
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 impacts across the entirety of Ida’s …
Tropical Storm Nicholas will pass near or just offshore the coasts of northeastern Mexico and south Texas this morning, and move onshore along the coast of south or central Texas late this afternoon or evening, the National Hurricane Center has …
California and Florida have long been seen as risky areas for insurers because of earthquakes, wildfires and storms. In the wake of hurricanes Ida and Henri, parts of the Mid-Atlantic region may be added to the list. Insurers “pulled away …
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 physical damage to property (residential, commercial, industrial, auto), both structures …
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 the biggest risk …
