hurricanes News

Why Snow, Hail and Wildfire Are Expensive for the Insurance Industry

If you’re having trouble wrapping your mind around the scree of natural catastrophes currently plaguing the world—from deadly July floods in Germany and China to the wildfires still burning in Greece, California and Siberia —you may be interested to know …

Island Resettlement’s Homes Designed to Help Weather Storms

SCHRIEVER, La. (AP) — Residents relocating from an eroding island off Terrebonne Parish will move into homes built and designed to help weather hurricanes. Officials involved with the project toured the New Isle development Wednesday in Schriever to examine and …

Drone Boats Sent From Jacksonville to Face Storms’ Fury

JACKSONVILLE, Fla. (AP) — The key to making hurricane forecasts suddenly clearer and more accurate might have floated out to sea from Jacksonville last week on something looking like orange surfboards with wings. Maybe. It will take time for federal …

Louisiana Coast Still Hurting From Storms, Bracing for More

CAMERON, La. (AP) — Scores of people in coastal Louisiana are still living in campers on dirt mounds or next to cement slabs where their houses once stood. Unresolved insurance claims and a shortage of supply and labor are stymieing …

Mega-Hurricane Risk Spurs Swiss Re Warning to Unprepared Canada

Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the world’s leading reinsurance firms. Overall, the northern nation has …

Heavy Rains Hammer Southern Louisiana with More to Come

LAKE CHARLES, La. (AP) — Roads were flooded, water-logged cars abandoned in the street and high water vehicles dispatched to help people as heavy rain fell across southern Louisiana Monday. In some areas of western Louisiana still recovering from back-to-back …

Insurers Increase La. Hurricane Payout Estimates By 25%

Insurers have increased their estimates of the cost of the three hurricanes that struck Louisiana by 25 percent since the end of last year, Insurance Commissioner Jim Donelon said. Insurance companies now expect to pay $9.6 billion on claims of …

Forecasters: US Could Face a Sixth Year Of Above-Average Atlantic Storms

HOUSTON — The United States should prepare for a sixth year of above-average number of Atlantic hurricanes, Colorado State University (CSU) forecasters said in the first official 2021 outlook on Thursday. The closely-watched outlook points to an active year, but …

Swiss Re Says Secondary Perils Should Be a Priority Concern for Insurers

Swiss Re warned insurers Tuesday that secondary perils such as thunderstorms and wildfires are making up a growing share of the losses caused by natural catastrophes, even in a year that experienced an abnormally active North Atlantic hurricane season. The …

US Weather Model Upgraded to Better Forecast Extreme Events

The National Weather Service has turbocharged its lagging forecast model to better predict extreme weather events such as hurricanes, blizzards and downpours, as well as day-to-day weather. By including much higher layers of the atmosphere, increased factoring of ocean waves …