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 Florences 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 storms 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 Florences 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
Hurricane Florence On Track To Hit East Coast As Major Storm Later This Week
Hurricane Florence has its sights set on North and South Carolina, and if it hits as hard as predicted, the storm will be the most powerful to pound the area in three decades, CNN weather anchor Chad Myers said Monday morning.
September 10, 2018
Property
North Carolina
South Carolina
Virginia
Woman, Child Electrocuted By Motel Room Air Conditioner In North Carolina
Authorities said Tuesday that a woman and a 9-year-old child staying at a Nash County motel were killed Monday when they were shocked by an air conditioner in the room, authorities and family members said.
August 22, 2018
Excess & Surplus Lines
Liability
Litigation
North Carolina
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
Tropical Storm Chris Near The Carolinas, Expected To Become Hurricane
Tropical Storm Chris could become a hurricane today. All the while sitting not too far off the U.S. East Coast. Dont panic.
July 9, 2018
Property
North Carolina
South Carolina
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




