Hurricane Matthew News

Reinsurers’ Capital Likely to Remain Strong Despite Hurricane Matthew: S&P

While Hurricane Matthew has the potential to erode some of the global reinsurance sector’s excess capital, its overall capital position is not expected to deteriorate below the ‘AAA’ level, according to a report published by S&P Global Ratings. This would …

Florida Gov: Some 600,000 Florida Homes Without Power Due to Hurricane

About 600,000 Florida homes were without power on Friday due to Hurricane Matthew and more outages were likely, Governor Rick Scott told a news conference, as the storm moved near the state’s Atlantic coast on a northward track after killing …

Hurricane Matthew Forces Millions to Evacuate Along Southeast Coast

Millions of people in the U.S. southeast were ordered to flee as Hurricane Matthew, set to become the strongest storm to hit the country since 2005, headed toward Florida’s East Coast after leaving hundreds dead in Haiti. The storm was …

New Forecasting, Damage Assessment Tools Track Hurricane Matthew

As Hurricane Matthew rolled toward Florida earlier this week, the meteorologists at Verisk Analytics were tracking its every move. They weren’t just plotting the usual meteorological stuff, though, and making the usual forecasts: wind speed, rainfall, sea-swell. They also were …

Delaware Insurance Commissioner Advises Residents in Case of Hurricane Matthew

Delaware Insurance Commissioner Karen Weldin Stewart is encouraging Delaware residents to take action now to prepare for potential damages and interruptions from Hurricane Matthew. Although it is too early to predict the long-term track of the storm, residents are encouraged …

Hurricane Matthew Forces Cruise to be Cut Short, Other Postponements

The threat of Hurricane Matthew has forced a cruise ship to reroute its trip and a sold-out island festival to be rescheduled in the Mid-Atlantic region. The Chincoteague Chamber of Commerce said in a news release Tuesday that Saturday’s Chincoteague …

Hurricane Matthew Heads to Florida; Losses Could Reach $15 Billion

Hurricane Matthew has thousands fleeing the U.S. Southeast where it’s expected to batter the coastline and threaten electricity supplies to more than 1 million people in Florida. Potential losses are seen as high as $15 billion. Matthew is pounding parts …

South Carolina, Florida Order Evacuations as Hurricane Matthew Approaches Southeast

The governors of Florida, Georgia and South Carolina have ordered a State of Emergency for each of their respective states as Hurricane Matthew makes its way up the Southeast coast after battering Haiti and Cuba. The Florida Division of Emergency …

Hurricane Matthews Pounds Haiti, Cuba; 1 Death Reported

The fiercest Caribbean storm in almost a decade ripped into Haiti’s southwestern peninsula early on Tuesday, packing 145 mile-per-hour (230 kph) winds and storm surges that killed at least one person and damaged homes. The eye of the violent Category …

Florida Watching Hurricane Matthew, Governor Urges Residents to Prepare

As the Caribbean waits for what is expected to be a category 4 Hurricane, Florida is preparing for the possibility of catching the tail end of the strong storm. Florida Gov. Rick Scott released a statement Sunday after he was …