-
Recovery efforts from Hurricane Helene are currently underway, but with the incoming Hurricane Milton set to undo any progress made, insurers are waiting and watching to measure the true toll.
October 9
-
Estimates for insured losses from Hurricane Helene have climbed to as much as $14 billion, even as insurers are preparing for more devastation from Hurricane Milton.
October 8
-
Total insured wind and flood losses are predicted to be between $10.5 billion and $17.5 billion, according to CoreLogic. Earlier estimates placed the cost of insured damages between $3 billion and $5 billion.
October 7
-
Tropical Storm Milton, with winds of 40 miles per hour, is forecast to build into at least a Category 3 hurricane with winds of 115 mph when it makes landfall in western Florida on Oct. 9, the US National Hurricane Center said.
October 7 -
Severe repetitive loss (SRL) properties are a growing category.
October 4
-
The destruction from Hurricane Helene is expected to cost insurers roughly $6.4 billion, according to an early estimate from catastrophe modeling firm Karen Clark & Company.
October 4
-
MMA says some risky-sector issuers in the area hit hard by the hurricane may be pushed into technical or payment defaults.
October 3
-
As historic floodwaters unleashed by Hurricane Helene recede across the U.S. Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope, with effects likely to last years.
October 2 -
The horror Helene left in its wake has shocked the city of 94,000, and the inland devastation illustrates a broader danger about hurricanes.
October 1
-
A new AI-powered platform can protect businesses from the impacts of costly power outages.
October 1
