hurricane damage News

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’s flood footprint and …

Falling Trees: Act of God or Covered Event?

Although not nearly on the scale of Hurricanes Katrina and Rita in 2005, Hurricane Isaac caused a surprising amount of damage in Louisiana despite the fact that it was only a category 1 hurricane, the weakest category by which the …

Florida’s Citizens Board Chair Urges Caution on Higher Rates

Citizens Property Insurance Corp. could face dire consequences if it fails to involve Florida lawmakers before deciding whether to approve a dramatic rate increase for new policyholders, the state-backed firm’s board chairman warned Thursday. The corporation’s Board of Governors is …