Tag: major hurricanes

CSU Predicts Intense 2024 Hurricane Season: Impact on Florida Insurance

G. Turner
2024 Hurricane Season - CSU hurricane prediction - Florida

In a recent release by Colorado State University, the upcoming Atlantic hurricane season is projected to be exceptionally aggressive. Experts are forecasting 23 named storms, setting it significantly above the 30-year average of 14.4, and foreseeing five major hurricanes, surpassing the average of 3.2. Season Start and Its Implications The hurricane season, beginning on June 1, aligns precisely with the reinsurance renewals period in Florida, casting uncertainty over the potential ramifications on reinsurance rates in the region. This timing has sparked an industry-wide discussion on how the forecast could shape…

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Atlantic hurricane season starts today and may be an active one

Julie Campbell
insurance news - atlantic hurricane season

North America could be in for a more active storm season in 2016 than has been the case for the last few years. The North American east coast may be getting itself ready for activity this Atlantic hurricane season, which means that residents, businesses and insurance companies on that side of the continent should likely start to keep an eye on weather reports and take the right steps to prepare. Over the last few years, major hurricanes have been few in numbers, but it only takes one to bring catastrophe.…

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