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…

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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,”…

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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…

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