State Farm Faces Unprecedented Claims Surge as Hurricane Beryl Breaks Records

State Farm Claims soar from hurricane damage

Hurricane Beryl Smashes Records, Unleashing Insurance Claim Surge Hurricane Beryl has left an unprecedented mark in its wake, driving State Farm to handle over 16,000 insurance claims—a record for the company. This surge in claims was set off when Beryl struck Texas, marking the first U.S. landfall of the 2024 Atlantic Hurricane season, according to a report by AM Best. The financial fallout from this historic storm is projected to reach into the billions, reflecting widespread damage to properties and vehicles across multiple states. Initially impacting the U.S. as a…

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Hurricane Maria Makes Landfall On Newfoundland and Quickly Becomes Post-Tropical

BOSTON, Sept. 17, 2011 – According to catastrophe modeling firm AIR Worldwide, Extratropical Storm Maria made landfall as a minimal Category 1 hurricane on Newfoundland’s Avalon Peninsula near Cape Pine on Friday afternoon about 4:00 pm local time (2:30 pm EDT) after a long journey off the entire coastline of eastern North America. By the time of the National Hurricane Center’s (NHC) 5:00 pm (EDT) Advisory on Friday, Maria already had crossed the peninsula and entered the waters of the north Atlantic. “It was moving at nearly 60 mph and…

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Three storms in the Atlantic have insurers and storm watchers worried

As the hurricane season continues its slow march, new storms are appearing in the Atlantic Ocean, spurring concerns that this season may make good on the promise of unusually high activity. The National Hurricane Center has been tracking Hurricane Katia for a number of weeks as it has hovered just off the East Coast, fluctuating between hurricane status and that of a tropical storm. Two new storms have sprouted in the Atlantic and the Gulf of Mexico, and both have storm watchers worried. At present, Katia is designated as a…

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Typhoon Talas Heads for Japan

BOSTON, Sept. 2, 2011 – According to catastrophe modeling firm AIR Worldwide, Typhoon Talas formed on August 25 as the Japan Meteorological Agency’s (JMA) 12th named storm of the 2011 Northwest Pacific typhoon season. The typhoon is located south of Osaka, Japan, moving 12 km/h in a north-northwest direction. Talas is a large storm, with tropical storm force winds extending up to 650 km from its center. Maximum 10-min sustained wind speeds are 120 km/h (with gusts up to 175 km/h), making it a weak Category 1 hurricane on the…

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Tropical Storm Don Advances Toward Texas Coast Past Oil Platforms

BOSTON, July 28, 2011- According to catastrophe modeling firm AIR Worldwide, Tropical Storm Don is moving across the southern Gulf of Mexico toward the Texas coast near Corpus Christi, where it is expected to make landfall sometime late Friday or early Saturday. The storm will pass near several areas where offshore oil production is conducted, and several petroleum companies have begun evacuating  support workers. A tropical storm warning is in effect for the Texas coast from Port Mansfield north to San Luis Pass. Tropical Storm Don officially became a tropical…

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