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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Severe Cyclone Phailin Could be Worst Cyclone in 14 Years
BOSTON, Oct. 11, 2013 – According to catastrophe modeling firm AIR Worldwide, currently several hundred kilometers off of the eastern coast of India, Very Severe Cyclonic Storm Phailin is expected to make landfall on Saturday evening, local time, north of the city of Visakhapatnam. The storm is expected to severely impact areas in the states of Odisha and Andhra Pradesh. AIR expects significant damage from this event. Heavy to very heavy rainfall over large areas of Andhra Pradesh and Odisha, along with extremely heavy rainfall in some areas, will likely…
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