Tag: hurricane season

Don’t Forget About Flood Insurance

Note From The Editor
coastal flood property insurance north carolina

The Atlantic hurricane season has arrived and that means people may need to consider ways to protect themselves. This year’s hurricane season has already been somewhat active, but no devastating storms have yet struck the U.S. This does not mean that the country is safe from such disasters, only that one hasn’t showed up yet. It is impossible to tell when or where a powerful hurricane will form, so it may be a good idea to get a better understanding of flood insurance. One of the defining aspects of hurricanes…

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Hurricane season preparedness is better than typical in Florida, this year

G. Turner
Florida hurricane insurance rates

The insurance industry is more ready than usual as this year’s highest risk period for the storms begins. This hurricane season, Florida feels that its insurance industry is better prepared than it has been in quite some time, after having enjoyed eight consecutive years in which the massive Atlantic storms have not caused catastrophes within the state. Now that the season for these major storms has begun, the state is ready to see what this year has to offer. The 2014 Atlantic hurricane season got started on June 1 but…

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Flood insurance is an uncommon solution to a common problem in the United States

Note From The Editor
Insurance News Editorial

This Week’s Trending Topic: Flood insurance in the US is often misunderstood In the U.S., flood insurance is often a misunderstood issue. Many homeowners throughout the country live in regions that can be considered to be at high risk of flooding, either due to heavy rainfall or because of the region’s exposure to hurricanes. While homeowners in these regions of the country are exposed to flooding disasters, very few people actually have flood insurance protection. This could be due to a simple misunderstanding that most people have regarding their homeowners…

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Tropical Storm Gabrielle Buffets Bermuda, First Hurricane of 2013 Season Forms: AIR

Guest Author
Windstorm Insurance

BOSTON, Sept. 11, 2013 – According to catastrophe modeling firm AIR Worldwide, one day after regenerating into a tropical storm after fizzling in the Caribbean last week, Gabrielle’s center came within 65 km (40 miles) west-southwest of Bermuda this morning. As of the National Hurricane Center’s (NHC) 11 a.m. AST advisory today, Gabrielle was about 90 km (55 miles) west of Bermuda and has moved little over the past few hours. “The storm’s maximum sustained winds weakened to 80 km/h (50 mph), although tropical storm force wind gusts could continue…

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Insurance industry prepared to handle hurricane season

S.Vagus
insurance news - atlantic hurricane season

Insurance industry will be capable of handling threats of the 2013 hurricane season There are many concerns swirling around the U.S. concerning this year’s hurricane season. Many of these concerns relate to the impact that 2012’s Hurricane Sandy had on the East Coast. This single event caused more than $75 billion in damages in the U.S. and elsewhere and is considered the second costliest hurricane the country has ever seen. The National Oceanic and Atmospheric Administration recently announced that it predicts as many as 6 major hurricanes to form in…

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