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Florida’s First Hurricane in 11 Years ‘Could Have Been a Lot Worse’ for Industry

The 11-year hurricane drought in Florida is officially over. While preliminary damage estimates and claims are still trickling in from Hurricane Hermine, Florida’s first named hurricane since 2005, the consensus from the insurance industry is it could have been a …

Thousands in Florida Capitol Still Without Power Days After Hermine

The big question in Tallahassee is whether you have power, and whether you think local officials are to blame for the grinding pace of restoring electricity following Hurricane Hermine. The rising anger played on social media and in the political …

Swiss Re Study for 2012 Losses: $77 Bn Insured; $186 Bn Economic

Swiss Re has released its latest sigma study, which found that economic losses from natural catastrophes and man-made disasters reached $186 billion in 2012. Insured losses amounted to $77 billion, making 2012 the third most costly year on record. Weather …