storm surge News

CoreLogic Says 7.3 Million Homes, $1.8 Trillion at Risk from Hurricane Storm Surge

The Atlantic hurricane season, which begins Saturday, puts 7.3 million homes at risk with an estimated reconstruction cost of $1.8 trillion, CoreLogic said in its 2019 Storm Surge Report. That’s 300,000 more homes and $200 billion more in reconstruction costs …

Officials Develop Multi-Prong Approach to Protect Texas From Hurricanes

State and federal officials on Friday recommended a plan to protect the Texas coast from hurricanes – particularly the Houston area – with a barrier system made up of floodwalls, floodgates and seawall improvements that could cost up to $31 …

S.C. Coastal County’s New Flood Map May Already be Outdated

A South Carolina county is getting new flood maps for the first time in 14 years, but it’s possible they’re already out of date. The Post and Courier reports Charleston County’s new flood maps won’t include data from floods of …

Florida Governor Warns of Winds up to 100 MPH

Florida Gov. Rick Scott on Sunday warned that a tropical storm headed for the Florida Panhandle could become a Category 2 hurricane with winds up to 100 miles per hour by the time it makes landfall in the middle of …

Hurricane Florence Insured Losses Could Reach $4.6B

Hurricane Florence’s winds and storm surge caused $1.7 billion to $4.6 billion in insured losses along the U.S. Southeast coast, according to an estimate from Verisk Analytics Inc.’s catastrophe risk modeler AIR Worldwide. That doesn’t include the impact of record …

Hurricane Rating System Fails to Account for Deadly Rain

When meteorologists downgraded Hurricane Florence from a powerful Category 4 storm to a Category 2 and then a Category 1, Wayne Mills figured he could stick it out. He regrets it. The Neuse River, normally 150 feet away, lapped near …

Virginia Museum Workers Protect Valuable Collection From Florence

The Durand-Ruel sisters didn’t dress for hurricane season. The eldest had on a wide-brimmed hat, the kind one would take to a high-society garden party. Both wore white gowns that looked as though their sheerness would go transparent in a …

Storm Surges Are Most Costly, Dangerous Result of Hurricanes

Behold the awesome power of water. Already the ocean is swallowing beaches, roads and anything else in the way of Hurricane Florence‘s monstrous storm surge. Storm surges aren’t walls of water, like a tsunami, as commonly thought. Caused by a …

Florence Wind, Storm Surge Could Cause Between $3-$5B in Insured Losses

Torrential wind and storm surge from Hurricane Florence could cause between $3 – $5 billion in insured residential and commercial property losses, according to CoreLogic, a global property information, analytics and data-enabled solutions provider. The new estimate doesn’t include insured …

Commentary: Submerged Risks Haunt Low-Lying Airports

The sight of a flooded Kansai International Airport and 3,000 stranded people after Typhoon Jebi slammed into southern Japan this week should be a warning to the world’s infrastructure investors. Airports have been a highly rated asset class over the …