Homeowners insurance industry officials recommend that consumers review coverage

Hurricane Isaac Homeowners Insurance Industry Damages

In light of the current hurricane season predictions, it may be wise for property owners to review their policies. The homeowners insurance industry has recently released a number of statements recommending that consumers take a moment to review the coverage they have so that they understand the type of coverage that will be available to them throughout the current hurricane season, which is expected to be an active one. This is a practice that insurance companies typically recommend on an annual basis, but reminders may help. According to the homeowners…

Read More

Atlantic hurricane season starts today and may be an active one

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.…

Read More

Hurricane season prediction model redesigned for the U.S.

insurance news - atlantic hurricane season

AIR Worldwide has recently announced updates to its model, which now includes a range of new features. The model used by AIR Worldwide, the catastrophe risk modeling firm, for predictions with respect to the hurricane season in the United States, has now been updated to take into account a number of new features and to provide a considerable amount of additional insight. The update to the Hurricane Model for the United States now includes notably more depth and simulations. The updates to the hurricane season forecast model includes a brand…

Read More

Tropical Storm Nate Makes Landfall in Mexico

BOSTON, Sept. 12, 2011 – According to catastrophe modeling firm AIR Worldwide, Tropical Storm Nate finally picked up speed over the weekend and made landfall on Sunday at around 11:00 a.m. EDT near the town of Tecolutla (population 25,000) in the eastern state of Veracruz, Mexico. Nate failed to achieve hurricane status, coming onshore as a minimal tropical storm with sustained winds of near 45 mph. “For the previous several days, Nate had been pulling in a large mass of dry air from Mexico, which prevented its intensification,” said Dr.…

Read More