U.S. private market insured losses from Hurricane Francine are estimated to not exceed $2 billion, Moody’s RMS Event Response team said. Losses to the National Flood Insurance Program from the hurricane are estimated to be less than $200 million, the …
Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst of the storm’s damage. Privately insured loss from Hurricane Francine are estimated to be close to $1.5 billion, catastrophe modeler …
A preliminary estimate shows total damage and economic loss from Hurricane Francine in the U.S. is expected to be $9 billion. The storm effects are continuing to be felt, and some areas have yet to report complete information about damage, …
Francine knocked out power to more than 400,000 homes and businesses and canceled hundreds of flights across the US South after coming ashore as a hurricane. The storm has weakened to a tropical depression with winds of 35 miles (55 …
One forecast calls for Francine to intensify into a Category 2 hurricane in the next 24 hours before hitting the Louisiana coast with storm surge of up to 15 feet, while a catastrophe modeler says the surge could cause flooding …
Meteorologists say Francine could produce life-threatening storm surge and dangerous flash flooding across parts of coastal Louisiana, Texas and Mississippi as it approaches the Gulf Coast. AccuWeather meteorologists say the shallow continental shelf makes the Gulf coast “extremely vulnerable to …