AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Hurricane Dorian, Japanese typhoons and other weather-related events in the range of $150 million to $175 million, net of estimated recoveries from reinsurance and retrocessional covers, and including the …
Norway’s Equinor is still assessing the devastation and level of pollution at its oil terminal in the Bahamas, one month after a massive hurricane swept through the region, the company told Reuters on Friday [Sept. 4]. “We have collected over …
Hurricane Dorian hit Atlantic Canada on Sept. 7 causing more than C$105 million (US$78.9 million) in insured damage, said Insurance Bureau of Canada, quoting the Catastrophe Indices and Quantification Inc. (CatIQ).* The IBC noted that 70% of this amount is …
CCRIF has made two payouts to the government of The Bahamas totaling US$12.8 million in the aftermath of Hurricane Dorian, which caused widespread destruction in the northern part of the archipelago. The Bahamas has three tropical cyclone policies and three …
Catastrophe modeling firms Karen Clark & Co. and RMS have released insured loss estimates for Hurricane Dorian, ranging from $500 million to $1.5 billion. According to KCC, Dorian reached peak intensity of 185 mph while over the Bahamas, one of …
Teams of dog handlers from the U.S., Canada and Belgium are uncovering more and more dead bodies among the debris of Bahamas homes hit by Hurricane Dorian, the Health Ministry said. The Category 5 storm was so powerful that it …
Residents and the insurance industry in Southeast states are feeling relieved after Hurricane Dorian grazed the U.S. coastline last week just days after it caused catastrophic damage in the Bahamas. While the storm was at one point a Category 3 …
North Carolina’s Historic Preservation Office has set up an online forum so local governments and residents can report damage to historic properties caused by Hurricane Dorian. The office wants information about wind and flooding to historic structures, cemeteries and state …
Skies cleared and floodwaters receded Saturday from North Carolina’s Outer Banks, leaving behind a muddy trail of destruction wrought by Hurricane Dorian, which turned north and began lashing parts of eastern Canada. Dorian’s worst damage in the U.S. appeared to …
Environmental groups are watching dozens of lagoons of swine waste stored directly in Hurricane Dorian’s path in North Carolina with growing trepidation, fearful that a breach will release millions of gallons of manure. North Carolina is the nation’s second-largest pork-producing …
