The Federal Emergency Management Agency (FEMA) has announced that it will be freezing some of the disaster aid for the Southern U.S. in order to focus more resources on the East Coast to help the recovery effort in the wake of Hurricane Irene. Many Southern states are still struggling to recover from disastrous events earlier in the year. As Tropical Storm Lee surges through these states, Missouri Governor Jay Nixon is looking for answers. Ahead of the storm, Nixon has issued a letter to FEMA challenging the agency to justify…
Read MoreTag: statistics from hurricane irene
Initial estimates put Irene’s damage at $7 billion overall, earning the hurricane a spot among the nation’s costliest disasters
As Hurricane Irene dwindles into a tropical storm, insurers on the East Coast are left with tallying the damage. The insurance industry has already seen massive losses from natural disasters this year. These losses put the industry on unstable ground, but insurance companies remained solvent and stable. The Kinetic Analysis Corporation, a company specializing in estimating the impact of both natural and man-made disasters, has released early estimates regarding the cost of Hurricane Irene. According to the company, the storm may have caused some $7 billion in damages. Irene was…
Read MoreHurricane 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…
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