Florida marked the 10th anniversary of Hurricane Ivan, which remains one of the costliest tropical storms to ever make landfall in the U.S. Ivan came ashore just west of Gulf Shores, Alabama, on Sept. 16, 2004, as a Category 3 …
Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, issued a report in conjunction with the one-year anniversary of Superstorm Sandy that estimates $300 billion of property value in Sandy’s flood footprint and …
Although not nearly on the scale of Hurricanes Katrina and Rita in 2005, Hurricane Isaac caused a surprising amount of damage in Louisiana despite the fact that it was only a category 1 hurricane, the weakest category by which the …
Citizens Property Insurance Corp. could face dire consequences if it fails to involve Florida lawmakers before deciding whether to approve a dramatic rate increase for new policyholders, the state-backed firm’s board chairman warned Thursday. The corporation’s Board of Governors is …