Tropical Storm Isaac Heads for the Louisiana Coastline; Intensification Is Expected

Tropical Storm Isaac

BOSTON, August 27, 2012 – According to catastrophe modeling firm AIR Worldwide, Tropical Storm Isaac has passed through the Florida Keys-where it delivered wind and rain yesterday, but caused little damage-and moved into the Gulf of Mexico; the storm is currently about 360 miles southeast of the mouth of the Mississippi River, moving west-northwest at 14 mph. Isaac’s forward speed has decreased since yesterday, while its maximum sustained winds-at 65 mph-have remained constant. “Data from Hurricane Hunter aircraft indicate that Isaac has not strengthened since yesterday, possibly because the storm…

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Importance of hurricane insurance and preparedness underscored by NOAA predictions

Hurricane season 2012

Official storm season forecasts include eight Atlantic hurricanes. The National Oceanic and Atmospheric Administration (NOAA) has released its predictions for the 2012 storm season, drawing attention to the importance of preparedness and proper coverage through hurricane insurance. The NOAA’s report says that there will be from four to eight hurricanes this year. It explained that these severe weather events will fall in among the nine to fifteen named storms that have a 70 percent chance of occurring before the season is up. Furthermore, among the hurricanes, up to three will…

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Travel insurance lessons taught by Tropical Storm Debby

Travel Insurance

Vacationers and other travelers discovered a great deal about coverage from this severe weather event. Tropical Storm Debby never developed into a hurricane, but it did leave a number of lessons regarding travel insurance behind, as it showed the impact of extreme weather on the vacation plans of many individuals and families. Now that the 2012 hurricane season is underway, it’s important to take the right precautions. Debby was the fourth storm this year, and it will be far from the last. For that reason, travel insurance should be seen…

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Colorado State University releases revisions to 2012 hurricane season forecast

Disability Insurance

Preliminary forecast predicted calmer season this year Hurricane season 2012 has arrived, bringing with it heightened concerns of strong natural disasters spawning in the Atlantic Ocean. In the U.S., the insurance industry may be prepared to weather yet another year of powerful storms, but insurers are holding onto hope for a calmer season than what they had seen in the past. Researchers from Colorado State University released a forecast concerning the activity of this year’s hurricane season in April, predicting that there would be no more than 10 tropical storms,…

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Fitch Ratings weighs in on 2012 hurricane season and U.S. insurance industry

2017 atlantic hurricane season Insurance industry

Hurricane season approaches, insurers still weary of disasters Atlantic hurricane season is scheduled to begin June 1 this year, a fact that has caused some concern in the U.S. insurance industry. Previous hurricane seasons have spawn devastating storms that have caused high levels of damage in many parts of the country. Last year, an active hurricane season played a supporting role in making 2011 the most disastrous year in recent history. Insurers have been weary of a repeat of last years’ season, latching onto reports suggesting that this year may…

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