Tag: oil production

Hurricane Beryl Impact on the Insurance Industry: An Early Test of Resilience

Logan B.
Hurricane Beryl

Hurricane Beryl has made history as the earliest Category 5 hurricane on record, marking a turbulent start to the 2024 Atlantic hurricane season. Despite its initial strength and the potential for significant impact, the insurance industry has so far weathered the storm relatively well. However, the season’s outlook suggests that insurers may need to brace for more challenging weather ahead. Early Strength and Managed Impact Beryl’s rapid intensification caught the attention of meteorologists and industry experts alike. The hurricane’s path through the Caribbean caused concern, but the damage trajectory ultimately…

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Tropical Storm Don Advances Toward Texas Coast Past Oil Platforms

Guest Author

BOSTON, July 28, 2011- According to catastrophe modeling firm AIR Worldwide, Tropical Storm Don is moving across the southern Gulf of Mexico toward the Texas coast near Corpus Christi, where it is expected to make landfall sometime late Friday or early Saturday. The storm will pass near several areas where offshore oil production is conducted, and several petroleum companies have begun evacuating  support workers. A tropical storm warning is in effect for the Texas coast from Port Mansfield north to San Luis Pass. Tropical Storm Don officially became a tropical…

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