Texas Windstorm Insurance Association Board Says Losses from Hurricane Beryl Were $455M November 20, 2024 The Texas Windstorm Insurance Association Board of Directors pegs losses from Hurricane Beryl at $455 million. The TWIA board met...
AI Weather Models Have Shown Promise This Hurricane Season November 15, 2024 By Eric Roston When Hurricane Beryl was rushing across the Atlantic basin in July, the weather forecasting tool made by Google Deepmind, the...
The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows August 19, 2024 By Greg Ritchie and Gautam Naik A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be...
Texas Attorney General Probes CenterPoint on Beryl Response August 14, 2024 By Tope Alake The Texas attorney general is investigating CenterPoint Energy Inc. citing potential violation of the state’s law in the utility’s response...
AccuWeather: Tropical Threat Developing in Atlantic Could be Next Named Storm July 30, 2024 Debby could be the next name most frequently out of the mouths of hurricane watchers and emergency responders. Meteorologists tracking...
How a Perfect Storm Sent Church Insurance Rates Skyrocketing July 25, 2024 By Bob Smietana The Rev. John Parks was taking his first sabbatical in 40 years of ministry when he got a call from...
Analyzing Business Income Losses Following Ingress/Egress & Service Interruptions July 24, 2024 By Jennifer Engle Let’s take a look at catastrophe-related perils that could impact any business in a post-pandemic and/or stabilized economy—specifically, ingress/egress limitations...
Vermont Seeks Federal Damage Assessment for Floods Caused by Hurricane Beryl’s Remnants July 17, 2024 By Lisa Rathke Vermont is seeking an assessment to determine whether last week’s flooding, which damaged homes, knocked down bridges and washed out...
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...