With Tropical Storm Alex skirting the east coast of Mexico and heading north, if residents along the Texas Gulf Coast are thinking it’s a good time to purchase flood insurance from the National Flood Insurance Program (NFIP) they are out …
A Florida couple who fled their dream home because of foul-smelling, ruinous Chinese drywall was awarded $2.4 million in damages last Friday in America’s first jury trial over the defective wallboard that could have legal ramifications for thousands of similar …
Florida’s Division of Emergency Management, under a second director since Craig Fugate left a year ago to run its federal counterpart, is getting a jump start on the hurricane season. With the storm season to begin Tuesday, the agency has …
The 2010 Atlantic hurricane season will be even more active than feared, leading U.S. forecasters said Wednesday as they predicted 10 hurricanes, five of them major, with a 76 percent likelihood that a major hurricane would hit the U.S. coastline. …
The 2010 Atlantic hurricane season is likely to produce 10 hurricanes, five of them major, the Colorado State University hurricane forecasting team said Wednesday, increasing a previous estimate for a “very active” season. The report confirms earlier warnings that more …
The threat of an above-average 2010 Atlantic hurricane season has heightened over the past month and it now promises to be “a hell of a year,” a leading U.S. forecaster said Wednesday. William Gray, the hurricane forecast pioneer who founded …
For the fourth time in the past year, the nation’s flood insurance program will lapse because Congress has not voted to reauthorize it. That’s the latest on Capitol Hill, according to property/casualty lobbyists and other sources. As a result, the …
With the National Oceanic and Atmospheric Administration (NOAA) predicting an “active to extremely active” hurricane season, insurance brokerage giant Marsh is recommending several pre and post-loss risk mitigation strategies to help buisnesses and risk managers weather the storm season. NOAA …
The U.S. National Hurricane Center started tracking the first low pressure system of the 2010 Atlantic hurricane season late Sunday, reminding energy and commodities traders of the coming storm season, which officially starts June 1 and ends Nov. 30. The …
Louisiana Insurance Commissioner Jim Donelon kicked off his summer storm tour to raise awareness for hurricane and flood preparedness by urging consumers to protect themselves and their property against Louisiana’s most frequent and unpredictable natural disasters. Experts are predicting an …