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One Dead In Oil Barge Fire Off Port Aransas, Texas

The U.S. Coast Guard reported Friday that the oil barge B255 caught fire early on Friday at a position about three miles off the harbor entrance at Port Aransas, Texas. The barge was under tow by the ATB tug Buster Bouchard at the time of the incident.
October 23, 2017 Marine Workers' Compensation Texas

Entangled Dock Line Blamed For Rhode Island Tall Ship Crash

The owner of a tall ship that crashed into four other boats in Rhode Island after a seafood festival is blaming the incident on a dock line that became entangled on its two propellers. The SSV Oliver Hazard Perry crashed Sunday in Newport Harbor.
October 17, 2017 Marine Rhode Island

AIG Forecasts $3B In Q3 Catastrophe Losses

American International Group expects to record insurance losses of roughly $3 billion during the third quarter from the recent hurricanes and earthquakes.
October 10, 2017 Auto Catastrophe Excess & Surplus Lines Marine Property Florida Georgia South Carolina Texas

Tropical Storm Nate Forms, Threatens To Hit U.S. Gulf Coast

Tropical Storm Nate formed off the coast of Nicaragua on Thursday and it was expected to drench parts of Central America and Mexico before potentially hitting the U.S. Gulf Coast as a hurricane over the weekend.
October 5, 2017 Excess & Surplus Lines Marine Property Alabama Florida Louisiana Mississippi

Harvey, Irma Damage Reaches Nearly $300 Billion

Preliminary data on the total cost of damage caused by Hurricanes Harvey and Irma is finally coming in, and analysts are projecting hundreds of billions in losses thanks to the damage caused by both weather events.
September 15, 2017 Auto Catastrophe Excess & Surplus Lines Marine Property Florida Georgia South Carolina Texas

Hurricane Irma Insurance Losses May Be Far Lower Than First Predicted

Following predictions of apocalyptic Hurricane Irma insurance losses, it appears as though the storm may be costly, but nowhere near the worst case scenario.
September 14, 2017 Auto Marine Property Florida

Charleston, Coastal South Carolina Flooded By Irma

In the worst tidal surge since Hurricane Hugo, Irma’s wide, whirling bands thrashed coastal South Carolina on Monday with stinging rains and punishing floods that put vast swaths of the Lowcountry under water.
September 13, 2017 Auto Catastrophe Marine Property South Carolina

Shocked Residents Return To Irma-Ravaged Florida Keys

Evacuees from Hurricane Irma were early on Wednesday returning to the Florida Keys, where sunrise will give them a first glimpse of devastation that has left countless homes and businesses in ruins.
September 13, 2017 Auto Catastrophe Marine Property Florida

25% Of Homes Destroyed In The Florida Keys

The full breadth of Hurricane Irma’s catastrophic attack on the Florida Keys is just now starting to emerge. Two days after Irma made landfall there, authorities and residents were finally able to reach some of the islands Tuesday.
September 12, 2017 Auto Catastrophe Marine Property Alabama Florida Georgia North Carolina South Carolina

Officials Warn Irma Will Be "Wider Than The State’ of Florida

Florida residents were racing to complete final preparations on Friday as Hurricane Irma, slightly weakened from its peak but still packing enormous destructive power, cast a dark shadow over the southern half of the Sunshine State.
September 9, 2017 Auto Catastrophe Marine Property Florida

Florida To Expect 15ft Storm Surges As Cyclone Closes In

Irma will regain strength as it moves away from Cuba, with winds predicted of more than 110mph by the time it reaches the Florida Keys early Sunday. The latest projections from the National Hurricane Center show the storm moving at about 9mph, with winds of 125mph, still over Cuba’s northern shore.
September 9, 2017 Auto Catastrophe Marine Property Florida

Largest Mass Evacuation In American History Taking Place In Florida

At 80 miles wide, with 155 mile per hour winds, Hurricane Irma is terrifying in its perfection, with warm, deep water and minimal wind shear helping it along.
September 9, 2017 Auto Catastrophe Marine Property Florida Georgia South Carolina

Hurricane Irma Shifts To Western Florida

Hurricane Irma was expected to strengthen Saturday after barreling into Cuba and shifting its path toward Florida. The National Hurricane Center (NHC) said Irma was located about 225 miles south of Miami with maximum sustained winds decreasing to 130 mph.
September 9, 2017 Auto Catastrophe Marine Property Florida

Hurricane Irma Rips Through Cuba As It Heads For Florida

Hurricane Irma pounded Cuba’s northern coast on Saturday as it headed for Florida, where millions of residents were told to evacuate after the storm killed 22 people in the Caribbean and left devastation in its wake.
September 9, 2017 Auto Catastrophe Marine Property Florida

Credit Suisse: Hurricane Irma’s Cost Could Reach $125 Billion

While how much damage Hurricane Irma will cause once it hits land is still very much in doubt, one scenario has emerged that puts the cost at record levels.
September 8, 2017 Auto Catastrophe Marine Property Florida
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