Residents of northwest Florida had until early Tuesday to leave their homes ahead of Hurricane Michael, forecast to crash ashore midweek as a major Category 3 storm with "life-threatening" flash flooding possible.
Despite the monster storms this hurricane season and in 2017, Katrina remains No. 1 on the list of costliest hurricanes. But a twist on the list, with todays population calculated into historic storms, puts a Florida storm in the top spot, with Katrina at No. 3 and Florida storms otherwise dominating.
As Hurricane Florence surged toward land last week, meteorologists and emergency agencies took notice. The storm was a Category 4 hurricane, the second-strongest type, and it was drawing a bead on the Carolina coast.
Insured losses from Tropical Storm Gordon, which made landfall near the Alabama-Mississippi border Tuesday night with 70 mph sustained wind speeds, will be approximately $125 million, according to Karen Clark & Co.
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.
Tropical Storm Gordon never became a hurricane but it was deadly all the same, killing a child by blowing a tree onto a mobile home as it made landfall. The storm later weakened into a depression on Wednesday, dumping heavy rains across southern states.
Tropical Storm Gordon barreled on Tuesday toward the U.S. Gulf Coast, where it was expected to become a hurricane and shake parts of the south with high winds and heavy rain, the National Hurricane Center said.
The National Weather Service confirms a tornado hit the central Mississippi city of Madison. The agency, in a Twitter post Saturday, said a survey team confirmed Fridays damage was the result of an EF1 tornado.
Insurtech company REIN has launched DroneInsurance.com, with underwriting by Liberty Specialty Markets, providing usage-based insurance for commercial drone operators and simplifying the process of obtaining both base and liability coverage.
As summer approaches along the Gulf and Atlantic coasts, residents prepare for the hurricane season ahead. The Atlantic hurricane season — June through November (though known to start as early as January in past years) — has devastated communities from Texas to New England, resulting in significant recovery costs.
With so many businesses and individuals affected by Hurricanes including Maria, Harvey and Irma in 2017, risk managers and insurers are looking to revised forecasts of this years hurricane season for a glimmer of hope that 2018 will not bring the same destruction.
For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.
At its core, the industry is plagued by an inherent conflict of interest. Our customers dont have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.
The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 20142017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.
A catastrophe report has found that the US re/insurance sector is on the hook for more than half of the total economic loss in April resulting from severe convective weather such as thunderstorms and tornados.