June 10, 2024
Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the potential to do substantial damage. Sales of so-called cat bonds are 38% higher this year through May than over the …
March 6, 2024
We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing, to provide a range of perspectives from meteorology to market impact. We looked back at the …
August 30, 2022
The Atlantic crucible of hurricanes hasn’t had a storm all month and if the calm holds it will stand as the quietest August in 25 years. The expanse of ocean between Africa and the Caribbean Sea has only had two …
June 7, 2022
June 1 marks the beginning of the most insurance-y time of the year. It’s the beginning of the annual Atlantic Hurricane Season. Oh yes. It’s that time of year. Since hurricane season only comes around once every year (and stays …
June 1, 2022
At the start of the 2022 Atlantic hurricane season, Insurance Journal spoke with Karen Clark, founder of two catastrophe modeling firms and now CEO of Karen Clark & Company (KCC). August 24, 2022 is the 30th anniversary of Hurricane Andrew …
March 31, 2022
Following the most active season for named storms in the Atlantic in 2020 and the third-most named storms in 2021, AccuWeather forecasters said to prepare for more of the same in 2022. AccuWeather has predicted 16-20 named storms during the …
June 2, 2021
Pennsylvania Insurance Commissioner Jessica Altman is urging property owners to consider purchasing flood insurance to protect their homes, businesses and possessions. For many Pennsylvanians, extreme weather, including flooding caused by hurricanes and severe thunderstorms, can be a common occurrence throughout …
July 1, 2020
So far hurricane season has been uneventful unless you consider the giant Saharan dust cloud that traveled across the Atlantic. That just means that now is a great time for a few important hurricane season reminders. Review your hurricane season …
June 8, 2020
More hurricanes and tropical storms than usual could make landfall in the United States this summer, forecasters predict. That is sending Texans and officials who are increasingly facing severe weather events scrambling to prepare for another natural disaster while they …
June 26, 2019
This post is part of a series sponsored by CoreLogic. Hurricanes are often some of the most destructive and costly natural hazards. Their impact on homes, businesses and infrastructure comes in the form of strong winds and flooding. There are …