Chaos Inside FEMA as Death Threats Distract From Hurricane Response
As a major storm rushed toward Florida last October, the head of the Federal Emergency Management Agency at the time faced a different kind of threat. Police had shown up ...
Hurricane Milton News
APCIA: Record Shows ‘Minimal Complaints’ on Hurricane Milton, Helene Claims
The American Property Casualty Insurance Association (APCIA) chimed in to a recent Senate subcommittee hearing to defend the industry's response to claims following hurricanes Milton and Helene. "The ...
FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton
The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, ...
2024 Atlantic Hurricane Season Could Be Second Costliest on Record: Howden Re
With eighteen named storms recorded in 2024, this year's Atlantic hurricane season proved forecasts predicting an extremely active season. Howden Re Cat Watch compiled statistics for this years ...
2024 Atlantic Hurricane Wrap-up Ends With 18 Named Storms
The forecasts of above-average activity anticipated for the 2024 Atlantic hurricane season were on point as 18 named storms were recorded, according to an overview by the National Environmental ...
Allstate October Catastrophe Losses of $286M Include Milton, Helene
Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included $102 million, pretax, from Hurricane Milton as well as $144 million ...
Biden Administration Urges Congress to Fund Disaster Relief
President Joe Biden's budget director called on U.S. lawmakers on Monday to quickly pass emergency disaster relief funding in the wake of damaging storms and said it would send Congress a funding ...
Hurricanes Helene, Milton Pressure NFIP; Expected Loss Ratio 200%
The National Flood Insurance Program (NFIP) is expected to face total losses between $8.2-10.5 billion for 2024, leading to a loss ratio above 200 percent before accounting for loss adjustment ...
This Year’s Florida Citrus Crop to be Lowest on Record Due to Hurricanes
Early evaluations of the impact of hurricanes Helene and Milton in the citrus-growing area in Florida indicates production will fall further, likely to a record low, according to industry ...