Hurricane Michael’s Aftermath: What Past Storms Can Tell Us About The Claims Challenges Facing Florida

  Thursday, November 29th, 2018 Source: CLM Magazine

Hurricanes Florence and Michael were polar opposites. While Hurricane Florence was a slow-moving flood event with some wind, Hurricane Michael was a fast-moving wind event with some flood. While both were catastrophic in their own ways, Hurricane Michael poses unique challenges for the insurance industry. Unlike the two-week’s notice that Hurricane Florence provided while it meandered across the Atlantic, Hurricane Michael developed just days before making landfall on the Florida panhandle. Governmental authorities and insurance entities were quick to react as the storm intensified along its path.

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