Third quarters are often the costliest of the year in terms natural disasters. Insurance broker Aon’s monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during September 2020, found this to be …
Insured losses from Hurricane Sally could reach as much as $3 billion, according to catastrophe modelers, but ratings agency Moody’s expects a moderate impact on property & casualty insurers and reinsurers. “Because Sally appears to be primarily a flood event, …
Hundreds of thousands of people were without power Friday along the Alabama coast and the Florida Panhandle in the aftermath of Hurricane Sally as officials assessed millions of dollars in damage that included a broken bridge in Pensacola and ships …
Hurricane Sally is not expected to cause a major insurance loss – compared to events such as the ongoing wildfires in California, Oregon, and Washington, or Hurricane Laura, according to AM Best. As the storm was more of a flood …
This post is part of a series sponsored by CoreLogic. Though the COVID-19 pandemic is occupying most of our attention at the moment, hurricane season has begun and natural catastrophes never take a holiday. Forecasts for 2020 have projected higher …
Hurricane Sally’s historic flooding of Florida and Alabama this week marked the eighth named storm to strike the continental U.S. this year, leaving the tally just one short of a record that dates back more than a century. With 10 …
GULF SHORES, Ala./HOUSTON – As an Alabama resident, Toby Wallace has seen his fair share of hurricane damage working for the U.S. Federal Emergency Management Agency, where he handles flood insurance claims. But that did not prepare him for Hurricane …
GULF SHORES, Ala., Sept 17 – 06:00 PM – The remnants of Hurricane Sally dumped more than a foot of rain over the U.S. Southeast on Thursday, killed at least one person, washed out bridges and roads and left hundreds …
For Grant Saltz, who runs a barbecue restaurant in Mobile, Alabama, what struck him about Hurricane Sally was its steady, deliberate pace, after the storm rumbled into the U.S. Gulf Coast on Wednesday as a powerful Category 2 hurricane. “It’s …
Storm-tossed U.S. offshore energy producers and exporters began clearing debris on Thursday from Hurricane Sally and booting up idle Gulf of Mexico operations after hunkering down for five days. The storm toppled trees, flooded streets and left about 570,000 homes …
