Evacuations Ordered As Florida Braces For Hurricane Michael

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.
October 9, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

Is Katrina Still The Costliest Hurricane Of All Time? It’s Complicated.

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 today’s population calculated into historic storms, puts a Florida storm in the top spot, with Katrina at No. 3 and Florida storms otherwise dominating.
October 3, 2018 Catastrophe Florida Louisiana Mississippi

Q&A: The Saffir-Simpson Hurricane Wind Scale

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.
September 17, 2018 Catastrophe Alabama Florida Georgia Louisiana Mississippi

Gordon Insured Losses Estimated At $125 Million

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.
September 7, 2018 Auto Property Alabama Florida Mississippi

Gordon Dumps Heavy Rains, Hurricane Florence Barrels Toward Bermuda

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.
September 6, 2018 Auto Marine Property Arkansas Florida Louisiana Mississippi

Twisters And Flash Flooding Likely As Tropical Storm Gordon Moves Inland

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.
September 5, 2018 Auto Property Alabama Arkansas Florida Illinois Iowa

Tropical Storm Gordon Races Toward U.S. Gulf Coast

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.
September 4, 2018 Property Louisiana Mississippi

EF1 Tornado Confirmed In Central Mississippi

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 Friday’s damage was the result of an EF1 tornado.
August 20, 2018 Property Mississippi

Insurtech Launches Usage-Based Drone Coverage

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.
August 2, 2018 Excess & Surplus Lines Liability Technology Alabama Alaska Arizona Arkansas California

Storm Surge: The Hidden Force Of A Hurricane

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.
June 25, 2018 Catastrophe Property Alabama Florida Georgia Louisiana Mississippi

Despite A ‘Near-Average’ Forecast, Hurricane Flooding May Increase

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 year’s hurricane season for a glimmer of hope that 2018 will not bring the same destruction.
June 21, 2018 Catastrophe Alabama Florida Georgia Louisiana Mississippi

NTSB Advocates For Seat Belts On School Buses In Wake Of Fatal Wrecks

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.
May 24, 2018 Excess & Surplus Lines Legislation & Regulation Alabama Alaska Arizona Arkansas California

Insurance’s Flawed Business Model

At its core, the industry is plagued by an inherent conflict of interest. Our customers don’t have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.
May 24, 2018 Risk Management Alabama Alaska Arizona Arkansas California

Animal-Related Insurance Claims Top 1.7M In Four Years

The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 2014—2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.
May 23, 2018 Auto Alabama Alaska Arizona Arkansas California

Insurers Expected To Pay $1.5B For April’s Severe Weather

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.
May 10, 2018 Auto Catastrophe Property Alabama Alaska Arizona Arkansas California
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