AIR Estimates Insured Losses Will Be Less than MXN 700 Million (USD 52 Million)

BOSTON, Oct. 13, 2011 — According to catastrophe modeling firm AIR Worldwide, after, striking a sparsely populated stretch of Mexico’s Pacific coast on October 11 as a Category 2 hurricane, Jova weakened as it traveled inland towards the north, dissipating late last night over the state of Nayarit. Because it was a small storm and weakened to tropical storm strength within 12 hours of landfall, damage from Jova’s winds has been limited. AIR estimates insured losses from flood-induced damage, as well as from some isolated wind damage along southern coastal…

Read More

Hurricane Jova Makes Landfall on Mexico’s Southwest Pacific Coast; Has Since Decreased to Tropical Storm Strength

BOSTON, Oct. 12, 2011 – According to catastrophe modeling firm AIR Worldwide, Hurricane Jova made landfall as a Category 2 storm in a sparsely populated stretch of the Mexican state of Jalisco, near the town of Chamela at 23:00 local time yesterday (6:00 UTC today). Maximum sustained winds at landfall were nearly 100 mph, as originally forecast. High waves and heavy rain were also reported. “Today, Jova’s most significant threat is that from precipitation; even prior to making landfall, Jova’s outer rain bands brought heavy rainfall to Mexico’s southwest coast,”…

Read More

Hurricane Jova Heads Toward Mexico

According to catastrophe modeling firm AIR Worldwide, Jova, the ninth hurricane of the eastern Pacific season and the tenth named storm is 250 miles southwest of the port city of Manzanillo (population 100,000) in the state of Colima, Mexico. As of the National Hurricane Center’s 8:00 a.m. PDT advisory today, the storm is tracking east at 5 mph. Having undergone significant intensification overnight, maximum sustained winds are now 125 mph with higher gusts. “The storm is a significant threat because it is slow-moving, and the potential exists for major flooding…

Read More

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…

Read More

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…

Read More

Irene Weakens to Tropical Storm as it Makes Landfall on New York’s Coney Island

BOSTON, Aug. 28, 2011 – According to catastrophe modeling firm AIR Worldwide, Irene deviated slightly from the NHC forecast track yesterday, taking a slight westward shift before resuming its north-northeast direction. This brought the center of the storm into New Jersey, near Little Egg Inlet, for its second landfall at 5:30 am this morning. Sustained winds, as reported by the NHC, were 75 mph. “It is worth noting, however, that as yet there have been no onshore wind observations of greater than tropical storm force since Irene made landfall near…

Read More

Hurricane Irene Batters Bahamas on Way toward U.S. East Coast

BOSTON, Aug. 25, 2011 – According to catastrophe modeling firm AIR Worldwide, Hurricane Irene is passing through the central Bahamas islands this morning after a night of battering the southern islands with heavy rains and strong winds. At the time of the National Hurricane Center’s 8:00 am EDT Advisory, Category 3 Hurricane Irene was about 65 miles east-northeast of Nassau, the capital and largest city of the Bahamas. Irene’s maximum sustained winds are 115 miles per hour with higher gusts. Hurricane-force winds extend outward up to 70 miles from the…

Read More