With the hurricane season already upon us, climate experts at the National Oceanic and Atmospheric Administration (NOAA) advise of an “active or extremely active” hurricane season this year. NOAA scientists predict a 70 percent chance of between 13 to 20 …
As the peak of hurricane season approaches, the governing board for Louisiana’s property insurer of last resort agreed Wednesday to boost its bank line of credit, to give the company enough money to cover costs in case of a storm. …
The National Oceanic and Atmospheric Administration (NOAA) believes the 2013 hurricane season will be a busy one. Fortunately, insurers have the resources to cover the damages this year’s windstorms may cause to their policyholders, according to the Insurance Information Institute …
Representatives from southeast Louisiana sheriff’s offices met in New Orleans to discuss preparations for the current hurricane season. Orleans Parish Sheriff Marlin Gusman hosted Wednesday’s meeting. At a news conference, he discussed evacuation plans for his office’s facilities and inmates …
While urging coastal residents to prepare for the Atlantic hurricane season, federal officials said Friday that they were doing what they could to get ready for a storm season that includes furloughs in the agencies that forecast and respond to …
Florida is heading into a new storm season with some good news for once. The state-created fund that backs up private insurers in Florida is in the best financial shape it has been in years – maybe the best since …
The 2012 Atlantic hurricane season that spawned the destruction of Sandy and Isaac has come to an end as one for the record books. There were 19 named storms in what meteorologists consider an above-average year that tied as being …
Thus far, the 2012 Atlantic hurricane season that is about at its midpoint has seen 14 tropical storms, with seven strengthening to hurricane status. According to catastrophe modeling firm Risk Management Solutions (RMS), the current hurricane season has been active: …
A Republican draft of legislation to reform the federal flood insurance program would renew the program for five years, phase out most rate subsidies, tie coverage limits to the rate of inflation, vary the deductible by how subsidized the premium …
South Carolina insurance officials this week awarded 57 grants to coastal homeowners for use in installing new roofing systems and taking other steps to fortify their homes against hurricanes. State Insurance Director David Black said the grants, totaling more than …