Hurricane Beryl Impact on the Insurance Industry: An Early Test of Resilience

Hurricane Beryl

Hurricane Beryl has made history as the earliest Category 5 hurricane on record, marking a turbulent start to the 2024 Atlantic hurricane season. Despite its initial strength and the potential for significant impact, the insurance industry has so far weathered the storm relatively well. However, the season’s outlook suggests that insurers may need to brace for more challenging weather ahead. Early Strength and Managed Impact Beryl’s rapid intensification caught the attention of meteorologists and industry experts alike. The hurricane’s path through the Caribbean caused concern, but the damage trajectory ultimately…

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Tropical Depression Don Makes Landfall in Texas

BOSTON, July 31, 2011– According to catastrophe modeling firm AIR Worldwide, Don, the fourth named storm of the Atlantic hurricane season, made landfall late Friday near Baffin Bay, Texas, as a tropical depression. Dry air and shear tore the storm apart such that its winds—tropical storm-strength as Don approached the Texas coast—weakened to roughly 35 miles per hour as the storm crossed ashore. As of 10 PM CDT Friday night, just after landfall, all tropical storm watches and warnings for Texas were discontinued. On Friday afternoon, before the storm touched…

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