U.S. insurers are bracing for what could be $20 billion in losses as Hurricane Florence barrels toward the Carolinas and Virginia, bringing punishing rains and potentially deadly flooding.

More than 1.5 million people were ordered to evacuate their homes along the U.S. Atlantic coast as Hurricane Florence, a Category 4 storm and the most powerful to menace the Carolinas in nearly three decades, barreled in on Tuesday.

Tropical Depression Gordon was expected on Thursday to dump more rain on central U.S. states, while Hurricane Florence, a monster Category 3 storm, churned toward Bermuda, the National Hurricane Center said.

While no landmasses will be threatened this week, one scenario takes Florence close to Bermuda to start the second full week of September.

Some insurers are considering how artificial intelligence could help underwrite marine risks.

Hurricane Lane weakened as it marched toward Hawaii, but it’s list of life-threatening calamities is still going strong. The hurricane was downgraded to a Category 3 storm Thursday, even as it unleashed torrential rainfall, flooding and landslides over parts of Hawaii’s Big Island, along with dangerous surf and high winds.

As emergency shelters opened, rain began to pour down and cellphone alerts went out, the approaching Hurricane Lane started to feel real for Hawaii residents. Lane was forecast to continue its northwest turn into the islands Thursday and be the most powerful storm to hit Hawaii since Hurricane Iniki in 1992.

Hurricane Lane strengthened to a Category 5 storm on Tuesday as it charged toward Hawaii where residents braced for “life threatening” winds and flooding, the National Hurricane Center (NHC) said.

As shrinking arctic ice opens up of new shipping routes through Canada’s Arctic Archipelago, this presents challenges for risk managers and insurers, Allianz Global Corporate and Specialty suggests in a report scheduled for release Wednesday.

Between noon last Thursday and midnight on Friday the 13th, someone stole a 52-foot yacht anchored just offshore in Tavernier. Now an insurance company is offering $30,000 for information that leads to the vessel’s return.

At least 23 people were injured Monday morning after a lava explosion sent rocks and other debris flying into the air onto a tour boat in waters off the coast of Kapoho, according to Hawaii County officials.

It was a bad day for one boat owner in SWFL, after stunning video captured his $1.5 million yacht burning up in flames.

Mary didn’t know anything was wrong with her old Ford SUV when it was loaded onto a container ship in Europe in mid-2015. But she found out the hard way when it caught fire below deck, taking $45 million worth of other cars with it, causing another $55 million in damage to the vessel and its cargo, and sparking a legal fight between two car companies and the U.S. Department of Justice that remains ongoing.

The National Insurance Crime Bureau’s (NICB) 2017 watercraft theft report shows a 5 percent decrease and resumes the downward trend in thefts that was broken by 2016’s slight increase.

A man who damaged a Tuckerton marina and other boats has entered a guilty plea. The Ocean County Prosecutor’s Office announced that Bruce Roslin entered a guilty plea April 12 for the charge of second-degree conspiracy to commit theft by deception.