hurricane Florence News

Mobile Home Residents Hit With Soaring Rent After Hurricanes

LUMBERTON, N.C. — For eight years, James Lesane paid what he could for his mobile home lot rental every month _ $150. But in February, five months after Hurricane Florence flooded the Lumberton region and shortly after Florida-based company Time …

Congress Passes $19 Billion in Disaster Aid, Sends Bill to Trump

The House cleared a $19 billion disaster-aid plan for areas hit by hurricanes, Midwest floods and California wildfires on Monday after months of negotiations and a final delay of more than a week caused by Republican objections. The bill, passed …

CoreLogic Says 7.3 Million Homes, $1.8 Trillion at Risk from Hurricane Storm Surge

The Atlantic hurricane season, which begins Saturday, puts 7.3 million homes at risk with an estimated reconstruction cost of $1.8 trillion, CoreLogic said in its 2019 Storm Surge Report. That’s 300,000 more homes and $200 billion more in reconstruction costs …

Atlantic Could Spawn 8 Hurricanes in 2019, U.S. Government Says

As many as eight hurricanes may form in the Atlantic in 2019, a “near normal” season following two years of storms that have left a trail of death and destruction in the Caribbean and U.S. coast. Nine to 15 named …

U.S. Forecasters Predict Near Average 2019 Atlantic Hurricane Season

U.S. forecasters expect the 2019 Atlantic hurricane season beginning June 1 to be near average in the number and intensity of storms, the National Oceanic and Atmospheric Administration’s Climate Prediction Center said on Thursday. The forecasters estimate between two and …

Wave of New Tech Firms Targeting Farms as Weather Wars Mount

When surprise hailstorms hit the 6,000 acres Trevor Scherman plants each year with peas, wheat, canola and lentils, his first move isn’t to his truck to assess the damage. These days, it’s to his iPad. Nine mini-weather stations from the …

Study Finds Owners of Unprotected Coastal Homes Don’t Intend to Retrofit

New research from the University of Notre Dame shows that many coastal homes have significant structural vulnerabilities that leave homeowners and their homes largely unprotected from storms. Additionally, the majority of coastal homeowners have little to no intention of reducing …

South Carolina Increases Hurricane Florence Relief Request to $435M

South Carolina’s congressional delegation will be able to ask for more funds to provide relief following Hurricane Florence, thanks to a move by the state’s governor. In a letter obtained Saturday by The Associated Press, Gov. Henry McMaster told U.S. …

J.D. Power: Insurers Gain High Marks After Hurricanes Florence, Michael

After the two recent billion-dollar disasters struck the southeast this fall, the nation’s largest property/casualty insurers responded by deploying their CAT response teams to the affected areas. J.D. Power surveyed consumers affected by the storms to understand which insurance companies …

Berkshire Profit Surges as Buffett’s Insurers Weather Storms

Berkshire Hathaway Inc.’s insurers dodged the worst of losses caused by Hurricane Florence as the businesses kept up their rebound from a rough 2017. The company’s operating profit doubled last quarter, capitalizing on trends ranging from more train traffic on …