September 14, 2018
As Hurricane Florence churns toward the Carolinas, bearing a potentially lethal ocean surge and winds and torrential rains, the federal government is marshaling its forces to help communities prepare and recover. President Donald Trump said Thursday afternoon that he was …
September 14, 2018
Hurricane Florence hit North Carolina, leaving more than half a million people without power and facing at least another day of heavy rain and wind. Florence made landfall near Wrightsville Beach Friday as a Category 1 storm, and is now …
September 14, 2018
For North Carolina-headquartered global insurance broker AmWINS Group Inc., Hurricane Florence isn’t just a storm that will affect insureds – many of its own employees and agents are also directly in the storm’s path. With 385 employees between Charlotte, Burlington, …
September 14, 2018
Five years ago, encouraged by home builders and an anti-regulatory zeal, lawmakers in North Carolina joined other states in weakening building code requirements. It’s a decision they may regret as Hurricane Florence takes aim at the Carolinas. The Legislature in …
September 13, 2018
Hurricane Florence could put pressure on U.S. Congress to extend the National Flood Insurance Program, but “it is still an open question as to whether it will lead to a comprehensive reform bill passing,” Robert Bradshaw, president and CEO of …
September 13, 2018
The Virginia Bureau of Insurance says it is “confident that insurers are actively preparing for this storm” as the potential impact of Hurricane Florence is anticipated in the state. “The Bureau’s focus is first – to encourage everyone to prepare …
September 13, 2018
When Hurricane Matthew submerged the small town of Fair Bluff, North Carolina, two years ago, Eve Waddell thought she had witnessed a once-in-a-lifetime disaster. “You’ll never see that again,” she reassured her daughter Ella, then 4, after floodwaters surged over …
September 13, 2018
New Jersey Gov. Phil Murphy and emergency officials urged caution Tuesday as Hurricane Florence approaches the East Coast even though the worst effects of the storm are expected to miss the state. Murphy even jokingly channeled former Gov. Chris Christie’s …
September 13, 2018
Catastrophe-bond investors are trying to assess the potential fallout from Hurricane Florence that may force them to hand over cash. If the storm’s path of destruction — which is aimed at Georgia and the Carolinas — causes enough damage in …
September 13, 2018
South Carolina officials are asking dam owners to inspect their dams and lower pond and lake levels if possible to prepare for possible heavy rains from Hurricane Florence. The Department of Health and Environmental Control said Monday that people should …