Drone Teams Deploy To Assess Utilities, Flood Damage In The Carolinas

With the remnants of Hurricane Florence continuing to deluge the southeastern U.S., a small army of drones is being deployed to identify and fix damage caused by flooding.
September 18, 2018 Excess & Surplus Lines Property Technology North Carolina South Carolina

FEMA’s Flood Insurance Chief Says Agency Ready For Onslaught Of Florence Claims

The head of the National Flood Insurance Program told CNBC’s "Squawk on the Street" Monday that the government is prepared to handle the anticipated rash of claims filed by homeowners in the upcoming days and weeks.
September 18, 2018 Auto Catastrophe Property North Carolina South Carolina Virginia

Death Toll Rises To 32 As Florence Spawns Tornadoes In Virginia

Rising flood waters threatened communities across the Carolinas on Tuesday as storm Florence hit the U.S. Northeast with heavy rains and tornadoes after killing at least 32 people.
September 18, 2018 Auto Property North Carolina South Carolina Virginia

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

Lack Of Flood Insurance Heaps Misery On Homeowners Slammed By Hurricane Florence

The drenching rains and massive flooding caused by Florence are expected to inflict a high financial toll on homeowners in North Carolina and other states, as only a small percentage are covered by flood insurance that could help offset the costs of rebuilding their damaged homes.
September 17, 2018 Property North Carolina South Carolina

NFIP Will Be Further Strained By Property Damage In The Carolinas

The number of Americans with flood insurance is on the rise, yet Hurricane Florence is likely to make it painfully clear that too many homeowners in the Carolinas and other vulnerable regions remain unprotected.
September 17, 2018 Catastrophe Property North Carolina South Carolina

These Are The Staggering Numbers Behind Florence’s Wrath

This nightmare called Tropical Depression Florence is far from over. "Many people who think that the storm has missed them have yet to see its threat," North Carolina Gov. Roy Cooper said. "This system is unloading epic amounts of rainfall -- in some places measured in feet, not inches."
September 17, 2018 Auto Catastrophe Property North Carolina South Carolina

Worst Flooding Yet To Come For Waterlogged Carolinas

Deadly storm Florence moved across western North Carolina early on Monday and continued to dump rain that has nowhere to go except to swell rivers, flood highways and homes, and threaten more lives as it heads towards Virginia and New England.
September 17, 2018 Auto Catastrophe Marine Property North Carolina South Carolina Virginia

What New Claims Innovations Will Florence Yield?

A potentially devastating Hurricane Florence is rumbling toward the Carolina coast this weekend, but for as historic as each new storm seems to be, insurers are preparing in relatively typical ways like activating additional staff in preparation for an onslaught of claims.
September 14, 2018 Property Risk Management Technology North Carolina South Carolina

Hurricane Florence Comes Ashore As Category 1 Storm

Hurricane Florence is making landfall in North Carolina, creeping ashore at 6 mph — but bringing winds of 90 mph, a massive storm surge, and a rain system that will soak much of the state and South Carolina for days. Forecasters warn of "life —threatening, catastrophic flash flooding."
September 14, 2018 Marine Property North Carolina South Carolina

CAT Teams Mobilized, Substantial Business Interruption Claims Expected From Florence

Hurricane Florence is still hundreds of miles off the U.S. East Coast, but insurers are starting to see their potential costs from one type of claim mount as companies halt operations to let employees flee.
September 13, 2018 Catastrophe Property North Carolina South Carolina Virginia

Insurers Brace For Another Round Of Catastrophe Losses From Hurricane Florence

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.
September 13, 2018 Auto Catastrophe Marine Property North Carolina South Carolina Virginia

CoreLogic: Florence Could Mean $170 Billion In Property Damage

As Hurricane Florence bears down on the southeastern United States, nearly 759,000 homes are in the storm’s path, and a worst-case rebuilding scenario could cost more than $170 billion, according to an estimate from real estate data provider CoreLogic.
September 12, 2018 Catastrophe Property North Carolina South Carolina Virginia

Preparing For A Catastrophe: Hurricane Florence’s Size Is "Staggering"

As Hurricane Florence churned toward an eventual Eastern Seaboard landfall, evacuations were imposed for parts of three East Coast states Tuesday and millions of Americans prepared for what could become one of the most catastrophic hurricanes to hit the region in decades.
September 11, 2018 Catastrophe Property North Carolina North Dakota Virginia West Virginia

More Than 1.5 Million Ordered To Evacuate As Hurricane Florence Threatens Carolinas

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.
September 11, 2018 Catastrophe Marine Property North Carolina South Carolina Virginia
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