According to catastrophe modeling firm AIR Worldwide, Irene became the Atlantic basin’s first hurricane of the 2011 season when its winds strengthened to 75 miles per hour at about 5:00 AM Monday morning as it was exiting Puerto Rico’s northern coast. Currently a Category 1 hurricane on the Saffir-Simpson Hurricane Wind Scale with sustained winds of 80 mph, Irene is expected to strengthen further over the next few days, potentially reaching Category 3 status by Saturday, depending on how long it remains over the ocean. “Hurricane Irene is the ninth…
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Floridians call for insurance reform to mitigate growing concerns of natural disasters
South Floridians were benefited with leniency earlier in the month when Tropical Storm Emily was weakened by its bout in the Caribbean. Only four months remain in hurricane season – one that was forecasted as being highly active – and no significant storms have yet reached the state. Despite the seemingly benign activity in the Atlantic and Gulf of Mexico, insurers are warning residents of Florida to not be caught off guard, as a powerful storm can make landfall at any time. Spurred by this advice, and the recent disasters…
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