Major hurricane Milton continues to bear down on Florida and in recent updates from the National Hurricane Centre warning areas for the Florida Peninsula have been expanded, with an expectation the storm could sustain hurricane wind speeds all the way as it crosses the state from west to east.The latest National Hurricane Centre (NHC) update … Read more
Hurricanes and tropical systems can bring strong winds and rain. Here’s how you can prepare: 1. Invest in a weather radio Have a way to get updates if cell services or power lines go down. Many weather radios now work as backup power banks with ports to plug in your phone and with solar and … Read more
Hurricane Milton has strengthened into a 100 mph storm and is expected to become a major hurricane later today. The NHC has now begun including storm surge height indications in its updates on Milton and from-the-off they call for between 8 and 12 feet of storm surge to impact Tampa Bay.Here, it’s worth noting that … Read more
Hurricane Francine’s losses after its landfall in Louisiana should not anticipated to trigger any losses to per-occurrence disaster bonds, however the losses could also be ample to trigger additional attrition for mixture cat bonds, leading to an extra erosion of the deductibles that sit beneath their attachment factors, in accordance with Twelve Capital.Specialist insurance-linked securities … Read more
Francine was upgraded to a hurricane final evening and the sixth named storm of the 2024 Atlantic hurricane season has strengthened to sustained winds of 100 mph and now heads for landfall in Louisiana, the place reinsurance dealer Gallagher Re anticipates insured losses within the low single digit billions of {dollars}.Hurricane Francine at the moment … Read more
