Hurricane Manuel Returns to Soak Northwestern Mexico: AIR Worldwide

Insurance News

According to catastrophe modeling firm AIR Worldwide, after rapidly dissipating on Monday night and being downgraded to a remnant tropical low, Manuel reformed and strengthened back to hurricane intensity on Wednesday.  The re-formation was aided by a reduction in wind shear over the past two days, as well as by the storm having moved back over the warm ocean waters off the western coast of Mexico.  Hurricane Manuel slowly drifted to the north-northwest at about 5 mph. This track, coupled with the storm’s slow forward speed, resulted in Manuel remaining…

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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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