Florida’s streak of dodging hurricanes is over, but the state-created fund that helps private insurers pay out claims after a storm remains in strong financial shape. Anne Bert, the chief operating officer of the Florida Hurricane Catastrophe Fund, said preliminary …
David Outlaw was a survivor, so much so that his brother can’t believe how he died, drowning in a puddle, pinned underneath his wheelchair after being left alone at the height of Hurricane Matthew to smoke outside his South Carolina …
For some neighborhoods in Virginia Beach, the long recovery from flooding caused by Hurricane Matthew is just beginning. On Saturday, emergency management crews and other officials toured several communities where homes were damaged. Virginia Beach emergency manager Erin Sutton says …
A.M. Best does not anticipate a significant number of rating actions related to Hurricane Matthew, as most rated insurance carriers have sufficient capital and appropriate reinsurance programs in place to effectively absorb this event, according to a new briefing from …
North Carolina emergency officials have estimated that the destructive and deadly Hurricane Matthew caused $1.5 billion worth of damage to more than 100,000 homes, businesses and government buildings in the state. The state’s Department of Public Safety said in a …
Virginia State Police are urging residents to be cautious as they repair their homes and vehicles that suffered damage during Hurricane Matthew. Officials with the State Police Insurance Fraud say residents should check with their insurance provider to make sure …
Anita Van Beveren has been returning day after day to watch the brown floodwater creep toward the rental home she shares with her two teenage children. While she got many belongings out, they couldn’t move everything – a bicycle is …
It’s been nearly a week since Hurricane Matthew ravaged the Southeast coast but the insurance industry’s job of responding to the devastation and assessing the total cost of damage from the storm is just beginning. With flood waters still rising …
There will be plenty of large-scale reconstruction to do in the wake of Hurricane Matthew, which has been blamed for dozens of deaths since it made its first U.S. landfall Friday and is still causing catastrophic flooding throughout eastern North …
CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) will make payouts of US$29.2 million to CCRIF member countries as a result of damages incurred from Hurricane Matthew. The payouts, which will be made by October 19th, are detailed as …
