storm News

Hurricane Milton Nears Category 5 Strength as It Menaces Florida

Hurricane Milton is on track to become a catastrophic Category 5 storm as it rakes Mexico’s Yucatan Peninsula on a path toward Florida’s western coastline, where evacuations are underway in a region still recovering from Helene’s devastation. The storm’s top …

CoreLogic Increases Total Insured Loss Estimate From Hurricane Helene to $10.5B-$17.5B

Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to grow as more damages are assessed, pushing catastrophe modelers to continually revise estimates upward. The estimate out from CoreLogic on …

The US’s Flood Insurance Program Is Making More Repeat Payouts

When Hurricane Helene barreled ashore last week, it caused devastating flooding across the southeastern U.S., including in the Shore Acres area of St. Petersburg, Florida. The neighborhood saw 6 feet of storm surge, which flooded roads and homes. It was …

AccuWeather Increases Total Damage and Economic Loss Estimate From Helene to Between $225B-$250B

AccuWeather has increased its estimate of the total damage and economic loss from Hurricane Helene in the U.S. to between $225 billion and $250 billion. The update accounts for new verified information, including the loss of life, the immediate and …

Modeler KCC Puts Privately Insured Losses at $6.4B From Helene

Privately insured losses from Hurricane Helene will be about $6.4 billion from wind, storm surge and inland flooding in nine states, according to Karen Clark & Co., a well-regarded storm modeling and analytics firm. The figure includes residential, commercial and …

Biden to Deploy 1,000 Troops to Aid North Carolina After Helene

President Joe Biden said he directed the Pentagon to send up to 1,000 active duty troops to help with recovery operations in North Carolina ahead of a trip to one of the states hardest hit by Hurricane Helene to survey …

Hurricane Devastates Southern Cotton Crops Just Before Harvest

Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market. The storm ripped through the cotton-growing regions of Georgia and the Carolinas after …

AccuWeather Puts Total Damage and Economic Loss From Helene at $145B to $160B

AccuWeather increased its estimate of the total damage and economic loss from Hurricane Helene to between $145 billion and $160 billion. This update is an increase from AccuWeather’s preliminary estimate late last week of total damage and economic loss of …

Helene Unleashes Floods and Knocks out Power to Millions

Tropical Storm Helene is triggering dangerous rain and flooding across the US South, where it has killed at least six people and cut power to over 4 million customers after coming ashore in Florida as a major hurricane. More than …

Hurricane Helene to Hit as Cat 3, and Early Estimates Forecast $3-$6B in Insured Losses

Hurricane Helene is expected to hit Florida as a Category 3, and a property data firm estimates that nearly 25,000 residential properties with a combined reconstruction cost value of $5.6 billion are at risk to storm surge flooding—a reinsurer estimates …