Major Gulf Coast Energy Infrastructure Shutdown Due To Tropical Storm Harvey

Tropical Storm Harvey made landfall in Louisiana early on Wednesday after hammering Texas, threatening more infrastructure in the heart of the U.S. oil and natural gas industry.
August 31, 2017 Catastrophe Excess & Surplus Lines Louisiana Texas

Commercial Drones: Harvey A Seminal Moment For The Insurance Industry

Fleets of commercial drones are primed to hover over the destruction from Tropical Storm Harvey in an unprecedented test of unmanned aircraft’s ability to assess billions of dollars in damage for the insurance industry and accelerate payouts for harried policyholders.
August 30, 2017 Auto Catastrophe Property Risk Management Technology Texas

Tropical Storm Harvey Makes 2nd Landfall Just West Of Cameron, Louisiana

Tropical Storm Harvey made a second landfall just west of Cameron, La., early Wednesday, although any flooding was expected to be nowhere near levels that have devastated this battered city, forecasters said.
August 30, 2017 Catastrophe Marine Property Louisiana Texas

United Airlines Will Feel Hurricane Harvey’s Impact

At Houston, United Airlines operates its second-biggest hub -- and one of its most profitable. One analyst estimates $265 million in lost revenue from Hurricane Harvey.
August 29, 2017 Catastrophe Texas

Kraft Family To Match Up To $1 million In Hurricane Harvey Donations

The Kraft family has offered to match up to $1 million in donations to the American Red Cross’ Hurricane Harvey Disaster Relief fund.

The New England Patriots are working with the American Red Cross to create a site to accept these donations.
August 29, 2017 Catastrophe Texas

Harvey Hits Insurance Stocks As Loss Estimates Surge To $20 billion

Hurricane Harvey’s whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property and casualty insurers on Monday as Wall Street analysts estimated insured losses as high as $20 billion.
August 29, 2017 Catastrophe Life & Health Property Texas

The Health Consequences To Expect From Hurricane Harvey’s Floods

The flooding from Hurricane Harvey, which has wreaked havoc in Texas, is both catastrophic and historic. The reported death toll rose to at least nine Monday, and officials were projecting that as many as 30,000 people will ultimately be evacuated from flooded homes in Houston and other cities and towns in the state.
August 29, 2017 Catastrophe Life & Health Texas

How Hurricane Harvey Is Affecting Gas Prices

As Hurricane Harvey continues to pound the Gulf Coast, drivers across the U.S. are bracing for the impact on their wallets.

With gasoline costs already edging up following the most destructive storm since Hurricane Sandy in 2012, analysts said prices at the pump are likely to rise between 5 cents and 15 cents nationwide in the weeks ahead.
August 29, 2017 Catastrophe Texas

As Harvey Floods Houston, A New Texas Weather-Insurance Law Could Spell More Bad News For Its Victims

Texas is changing how weather-related insurance lawsuits are handled starting Sept. 1, when Tropical Storm Harvey has barely ceased dumping historic levels of rain on Houston and other parts of southeast Texas. Gov. Greg Abbott (R) signed the law, HB 1774, on May 27, promoting it as a way to protect insurance companies from frivolous hailstorm-released lawsuits, though it applies to all weather-related property damage, including from hurricanes, wildfires, and floods.
August 29, 2017 Catastrophe Property Texas

Hurricane Harvey Drone Footage Is Absolutely Heartbreaking

We’ve all seen plenty of heartbreaking images from Texas this weekend, as vicious floods continue to destroy lives and property in the wake of Hurricane Harvey. But some of the most chilling footage has been taken from the sky, as hobby drones in the region document the devastation that’s still taking place.
August 28, 2017 Auto Catastrophe Property Texas

’Texas Has Never Seen An Event Like’ Harvey, FEMA Chief Says

Swollen rivers in east Texas aren’t expected to crest until later this week, but federal officials are already predicting Tropical Storm Harvey will drive 30,000 people into shelters and spur 450,000 victims to seek some sort of disaster assistance.
August 28, 2017 Auto Catastrophe Marine Property Texas

Army Corps Releases Water From 2 Houston Dams; Thousands Of Homes To Be Impacted

Emergency workers begin releasing water into the Buffalo Bayou from two flood-control dams in Houston on Monday, a move that could impact thousands of residents, officials said.
August 28, 2017 Catastrophe Property Texas

Catastrophic Flooding To Continue For Days In Texas

Tropical Storm Harvey is drifting back into the Gulf of Mexico and will meander near the upper Texas coast the next few days, bringing more torrential rainfall to the flooded Houston metro area, piling onto record-breaking, catastrophic flooding.
August 28, 2017 Auto Catastrophe Property Texas

Tropical Cyclone Intensified By Extra Warm Western Gulf Waters

Every so often, the worst-case scenario comes to pass. As of Sunday afternoon, the remnants of Hurricane Harvey seem likely to exceed the worst forecasts that preceded the storm.
August 28, 2017 Catastrophe Education & Training Property Texas

Houston Area Copes With Flooding As Harvey Delivers Pounding Rainfall

The sprawling and soaked Houston metro area and other deluged towns in southeast Texas braced for devastating floods and pummeling rainfall on Sunday as Tropical Storm Harvey stalled over land and drenched dogged searchers and anxious residents.
August 28, 2017 Auto Catastrophe Property Texas
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