Rebuilding After Hurricanes is Complex, Can Change Character of a Community July 18, 2024 Before Hurricane Idalia smashed into a small fishing village in northwestern Florida, Charles Long, 68, was fixing up a two-bedroom...
CenterPoint Sued Over Hurricane Beryl Power Outages in Houston July 17, 2024 By Madlin Mekelburg A group of Houston restaurants that lost power for days after Hurricane Beryl sued the city’s main utility, accusing CenterPoint...
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...
Just a Category 1 Hurricane? Don’t Be Fooled by A Number July 15, 2024 By Brendan Farrington Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or...
Insurers See Minimal Impact From Hurricane Beryl, but They’re Bracing for an Active Season July 12, 2024 By Ezra Amacher Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing...
Damage From Hurricane Beryl May Cost Insurers $2.7B in U.S., Modeler Says July 11, 2024 By Noor Zainab Hussain Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe...
CSU Research Team Increases Atlantic Hurricane Forecast July 10, 2024 Hurricane Beryl got the respected team of researchers at Colorado State University to rethink its forecast for the Atlantic hurricane...
Economic Loss in U.S. From Beryl Between $28B and $32B, Report Shows July 9, 2024 Total damage and economic loss from Hurricane Beryl in the U.S. is expected to be between $28 and $32 billion,...
Houston Set for Dangerous Heat as Power Outages Top 2 Million July 9, 2024 By Millie Munshi Houston is set for a dangerous bout of heat as more than 2 million homes and businesses remain without power...
U.S. P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red July 3, 2024 By Chad Hemenway For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion...