hurricane damage News

BuildFax: Roof Age Inaccuracy Could Impact Reinsurance Negotiations

BuildFax, a provider of property condition and history insights for the largest insurance and financial institutions, released a report on remodeling trends following Hurricane Irma that could impact this year’s annual catastrophe reinsurance negotiations for Florida carriers. Following more than …

Hurricane Lane Damage to County Infrastructure Estimated at $20M

The damage to Hawaii County facilities from the flooding caused by Hurricane Lane‘s torrential rains totaled about $20 million, an official said. The figure is only for county infrastructure and doesn’t include damage to state infrastructure such as schools and …

South Texas Town, Residents Recovering Nearly a Year After Harvey

Armonie Brown pauses for a second when asked about Hurricane Harvey. The Corpus Christi Caller-Times reports Brown saw friends and teammates lose their homes and all their belongings, while the school he went to was heavily damaged in the storm …

Startup Plans to Analyze Rising Sea Levels to Aid Florida Homeowners

From the frothy assault of the Atlantic Ocean to the placid trespass of the Lake Worth Lagoon, sea level rise is a mounting concern for South Florida property buyers who are turning to science, and private companies, for guidance. The …

Coastal Texas Town Still Recovering 10 Months After Hurricane Harvey

Hurricane Harvey battered Deven Bhakta’s Port Aransas hotel until it was uninhabitable. The Austin American-Statesman reports the Category 4 hurricane’s 130 mph winds blew out windows and stripped parts of the roof off the three-story Holiday Inn Express, while the …

Trump Claimed $17M in Hurricane Damage for Private Florida Club

Donald Trump said he received a $17 million insurance payment in 2005 for hurricane damage to Mar-a-Lago, his private club in Palm Beach, but The Associated Press found little evidence of such large-scale damage. Two years after a series of …

Matthew Destroys Florida Sand Dunes Prompting Concerns Over Protection, Tourism

When Christa Savva returned to the Sandy Shoes Beach Resort a day after Hurricane Matthew brushed by Melbourne Beach, Florida, she looked at the beach in front of the pink-flamingo-colored hotel and noticed half the sand dunes had disappeared. Savva …

Researchers Say U.S. Hurricane Tab of $14 Billion and Counting Result of Global Warming

Climate change has added billions to the toll of hurricane strikes on the U.S., according to a study that challenges the prevailing scientific view that the rising cost is mainly because more buildings, towns and businesses are in the way. …

Hurricane Ivan’s 10th Anniversary Marked in Florida

Florida marked the 10th anniversary of Hurricane Ivan, which remains one of the costliest tropical storms to ever make landfall in the U.S. Ivan came ashore just west of Gulf Shores, Alabama, on Sept. 16, 2004, as a Category 3 …

Karen Clark & Company Report Examines Superstorm Sandy at One-Year Anniversary

Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report in conjunction with the one-year anniversary of Superstorm Sandy that estimates $300 billion of property value in Sandy‚Äôs flood footprint and …