hurricane insurance News
Universal Insurance Holdings Has Plenty at Stake if Irma Hits Florida
As Hurricane Irma edges closer to Florida, investors on Wall Street are watching a small insurer with an unusually big commitment to the state. Universal Insurance Holdings Inc., with a market ...
Irma Is Now a Category 5 Storm Threatening Florida and the Caribbean
Florida declared a state of emergency before a possible hurricane strike after Irma strengthened to become a Category 5 storm on its approach to the Caribbean. Irma's maximum winds rose as high as ...
Round 2 of Hurricane Harvey Poised to Drive Up Economic Damage in Texas
As Harvey's winds die down, trouble for Texas may have just begun with forecasts for unprecedented flooding across the heart of U.S. energy production and in Houston, the nation's fourth-largest ...
Harvey on Track to Become Hurricane in Texas; State Farm, Allstate, Farmers Face Exposures
Tropical Storm Harvey, which has shut oil and natural gas platforms and triggered a rally in cotton prices, is on track to develop into a major hurricane as it approaches the Texas coast late Friday. ...
Typhoon Hato Intensifies, Creating ‘Considerable Threat’ for Hong Kong
Hong Kong was preparing to shutter businesses as Typhoon Hato drew closer to the city, with Cathay Pacific Airways Ltd. scrapping flights and the local observatory warning it may raise the ...
Three Potential Atlantic Storms Are Brewing, Thanks to Warm Ocean Temps
Not one, but three potential storms threaten to usher in the busiest phase of the Atlantic hurricane season later this month, courtesy of warm ocean temperatures. The season -- which runs from June ...
Up to 16 Named Storms Forecast During Atlantic Hurricane Season
Researchers again boosted the number of storms the Atlantic may produce before the hurricane season ends as a missing Pacific El Nino and warm waters present favorable storm conditions. As many as 16 ...
El Nino’s Odds Keep Dropping; Active Atlantic Hurricane Season Now More Likely
Forecasters again lowered the odds of El Nino forming by year's end, a scenario that may mean more Atlantic hurricanes at a time when federal agencies charged with predicting and responding to ...