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Oil Markets Roiled As Hurricane Harvey Hits US Petroleum Industry

Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the weekend, crippling Houston and its port, and knocking out numerous refineries as well as some crude production.
August 28, 2017 Catastrophe Texas

Houston Area Copes With Flooding As Harvey Delivers Pounding Rainfall

The sprawling and soaked Houston metro area and other deluged towns in southeast Texas braced for devastating floods and pummeling rainfall on Sunday as Tropical Storm Harvey stalled over land and drenched dogged searchers and anxious residents.
August 28, 2017 Auto Catastrophe Property Texas

Harvey’s Devastating Impact By The Numbers

The toll that Harvey is taking on Texas is staggering. Already, it has dumped 11 trillion gallons of water over the state, says Ryan Maue with WeatherBell, a weather analytics company. And by the time it dissipates, the state will have seen 25 trillion gallons of rain, he predicts.
August 28, 2017 Auto Catastrophe Property Texas

Hurricane Harvey Could Spur Congress to Act on Flood Insurance

The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a federal flood insurance program that is due to expire in September, advocacy groups said.
August 28, 2017 Catastrophe Texas

Harvey’s Cost Reaches Catastrophe as Modelers See Many Uninsured

Hurricane Harvey’s second act across southern Texas is turning into an economic catastrophe -- with damages likely to stretch into tens of billions of dollars and an unusually large share of victims lacking adequate insurance, according to early estimates.
August 28, 2017 Catastrophe Texas

Florida Sends Relief to Texas in Wake of Hurricane Harvey Devastation

Gov. Rick Scott dispatched 25 Florida Fish and Wildlife Conversation Commission officers, two Mobile Command Centers, eight shallow draft vessels and four patrol boats to Houston, according to a news release.
August 28, 2017 Catastrophe Florida Texas

Hurricane Harvey Is The Biggest Flood Threat Of Any U.S. Storm In Modern Times

Hurricane Harvey is expected to hit the middle Texas coast late Friday night as the most intense such storm to strike the U.S. since Hurricane Wilma in 2005. But its winds, which could rank as a Category 3 or 4 storm on the Saffir Simpson Scale, are not the biggest threat Texans face.
August 25, 2017 Auto Catastrophe Property Texas

Hurricane Harvey Poses "Grave Risk," Forecasters Say

Harvey intensified into a Category 2 hurricane early Friday and steered for the Texas coast with the potential for up to 3 feet of rain, 125 mph winds and 12-foot storm surges in what could be the fiercest hurricane to hit the United States in almost a dozen years.
August 25, 2017 Catastrophe Property Texas

From Space, ‘Astounding’ Hurricane Harvey Looks Like It’s About To Swallow All Of Texas

A brief-but-haunting video released by NASA on Thursday night shows Hurricane Harvey’s powerful churn toward Central Texas, where the slow-moving storm is expected to throttle coastal communities with high winds and up to 25 inches of rain.
August 25, 2017 Catastrophe Property Texas

Hurricane Harvey Could Cause $40 Billion Worth Of Damage On Texas Coast

When Hurricane Harvey rips through the coastal Texas landscape, it could leave behind nearly $40 billion worth of damage, according to a new estimate from CoreLogic.
August 25, 2017 Auto Catastrophe Property Texas

Here’s Why Hurricane Harvey Is So Scary and Unprecedented

There’s a good reason why Mashable’s Andrew Freedman dubbed Hurricane Harvey—now barreling toward Texas and Louisiana—“the meteorological equivalent of a White Walker from Game of Thrones.” The storm was alive, but then appeared to die as it hovered over the Yucatan Peninsula earlier this week.
August 25, 2017 Catastrophe Texas

How Much Rain Will Hurricane Harvey Bring to New Orleans?

Current forecasts don’t put Louisiana in Hurricane Harvey’s direct path, but the storm is likely to send out waves of tropical rainfall over the next week that could douse New Orleans and surrounding areas. Exactly how much rain can we expect and when?
August 25, 2017 Catastrophe Louisiana

Insurers Prepare For Influx Of Claims Following Hurricane Harvey

In preparation for a surge of claims following Hurricane Harvey, insurance companies are staging employees throughout Texas. The National Hurricane Center said that some portions of the state could see as much as 35 inches of rain.
August 25, 2017 Catastrophe Property Texas

Hurricane Harvey Is Going To Slam Into Texas And The National Flood Insurance Program Is A Mess

Hurricane and Tropical Storm Warnings are posted along the coast of Texas as Harvey makes its way across the Gulf of Mexico, promising to drop biblical amounts of rain on parts of the state. The storm, which is expected to strengthen to a category 3 hurricane by the time it makes landfall late Friday or early Saturday, will be the first major hurricane to strike the United States in 12 years and will likely cause devastating flooding from rain and storm surge.
August 25, 2017 Auto Catastrophe Property Texas

Hurricane Harvey Will Bring ’Large-Scale’ Damage; FEMA Chief ’Afraid’ Residents Won’t Heed Warning

Hurricane Harvey is still strengthening as it steers toward Texas today, and Federal Emergency Management Agency administrator Brock Long fears residents may not be heeding warnings to evacuate.
August 25, 2017 Catastrophe Property
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