Atlantic hurricane risk in the U.S. continues to increase “substantially as oceanic and atmospheric conditions reach a point where tropical cyclone formation” is becoming increasingly favorable, putting the season’s outlook on par with some past massive and destructive seasons, storm …
The hurricane season continues to look like it will be a highly active one, as a potent and portentous weather pattern continues to take shape, an AccuWeather meteorologist told Claims Journal on Friday. “It certainly looks like it’s going to …
Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the potential to do substantial damage. Sales of so-called cat bonds are 38% higher this year through May than over the …
Nearly 11 million people in the heart of Texas, including Austin, Fort Worth and Dallas, face an enhanced threat of severe thunderstorms on Tuesday, the US Storm Prediction Center said. The systems bring the “potential for significant damaging wind and …
The National Oceanic and Atmospheric Administration is predicting an 85% chance of an above-average Atlantic hurricane season, with up to 25 named storms. “The upcoming Atlantic hurricane season is expected to have above-normal activity due to a confluence of factors, …
More than 946,000 homes and businesses in Texas, Louisiana and other Gulf Coast states were still without power on Friday morning after killer storms battered the region on Thursday, according to meteorologists and data from PowerOutage.us. The storm with hurricane-force …
An active weather pattern could bring destructive tornadoes, heavy rains, large hail and strong wind gusts to parts of the central United States over the next several days, according to meteorologists at the National Weather Service and AccuWeather. Two strong …
Seven property insurers in Florida went bankrupt in 2021 and 2022. The bankruptcies left thousands of homeowners scrambling to get new coverage, which often came with a big increase in cost. Worse, many had outstanding claims for hurricane damage that …
Unseasonably warm winter weather cost businesses and event planners in the northern Plains and upper Midwest billions of dollars in estimated losses, according to estimates from AccuWeather. Minnesota, North Dakota, Wisconsin, Michigan and Iowa experienced the warmest winter on record, …
There were 141 days with large hail that fell on more than 10 million single and multifamily homes in the contiguous U.S. in 2023, making it the highest number of days in 20 years, according to Corelogic’s 2024 Severe Convective …