Tag: National Oceanic and Atmospheric Administration

Allstate’s safest cities to drive in rain or snow list may surprise you!

H. Cutner
Safest cities to drive -n Cars on roads - snow

The insurance company has released its America’s Best Drivers Report ranking the nation’s safest motorists. It’s that time of year again, when Allstate releases its list of the safest cities to drive in inclement weather such as rain and snow. That said, many of the top performers on this year’s America’s Best Drivers Report have come as a surprise. One state’s drivers showed exceptional performance, taking four of the top ten spots on the list. The insurance company found that four of the top 10 safest cities to drive when…

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Flood insurance program risks expiry (again) as hurricane season starts

Julie Campbell
Standard homeowners insurance policy may not cover short term rental damage

Seven million homes are at risk of damage from Atlantic storms and coverage may be up in the air again. After already facing a named storm this year, the flood insurance program is back in the spotlight. Yet again, after the disaster – both left behind by weather and in the expiration of the program – in 2017, the coverage program is due to expire. Last year brought record-breaking damages from natural disasters and the full totals aren’t in yet. This year, Americans are feeling less confident about their safety…

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California residents are being encouraged to purchase flood insurance

S.Vagus
flood insurance policies

FEMA urges homeowners to obtain flood protection ahead of El Nino Homeowners in California are being urged by the Federal Emergency Management Agency (FEMA) to purchase flood insurance ahead of the arrival of the El Nino storm system this winter. The National Oceanic and Atmospheric Administration predicts that El Nino will be particularly powerful this year and may strike the Bay Area in as little as two weeks from now. Notably, the majority of homeowners in the state do not have flood insurance coverage, largely due to a lack of…

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Homeowners insurance sector could see some turbulence this hurricane season

Logan B.
Homeowners Insurance

NOAA predictions could bode ill for homeowners insurance sector Hurricane season is nearly here, and that could mean trouble for the U.S. east coast. The National Oceanic and Atmospheric Administration (NOAA) has issued a new report concerning the arrival of hurricane season and what that could mean for states along the Atlantic Ocean. Hurricanes have proven to be a major concern for the U.S. over the past few years, especially when it comes to homeowners insurance and flood coverage. Hurricane Sandy is the most recent example of the damage that…

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Senator Schumer takes aim at insurers in wake of Hurricane Sandy

S.Vagus
Senator Schumer hurricane sandy

Senator Schumer troubled over actions of insurance companies Hurricane Sandy has caused a lot of trouble for insurance companies, consumers, and state governments in the Eastern U.S. New York, in particular, has seen a great deal of these troubles manifest in the wake of the powerful storm. With storm surges causing widespread flooding and damages being done to homes and other properties, the state is reeling from the impact of Hurricane Sandy. Senator Charles Schumer believes that the troubles are just beginning for the state, however, especially as insurers look…

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Crop insurance comes under fire in the midst of U.S. drought

Nordstrom
US drought 2012

Drought highlights the controversy surrounding crop insurance The worst drought in 60 years has established a stranglehold in the U.S. The severity and persistence of the disaster is threatening to cause widespread food shortage as the country’s corn and soybean crops begin to suffer. The onset of the drought has brought attention to the country’s crop insurance program. The program was initially formed as a way to provide farmers with the protection they needed but has been subjected to several changes throughout its existence. Now, concerns are rising over the…

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Tropical Storm Alberto puts insurers on alert ahead of hurricane season

Marc
Hurricane Season 2012 - Tropical Storm Alberto

Tropical storm forms ahead of official start to hurricane season Hurricane season in the U.S. does not officially begin until June 1, but the season’s first tropical storm has formed off the coast of South Carolina. The storm was reported by the National Hurricane Center in Florida, which noted that the storm boasts of 50mph winds with more powerful gusts at the time it had formed. Though the storm was not expected to gain any strength during its lifespan, it did raise concerns within the insurance industry, which has been…

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