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National Hurricane Center
Widespread flooding in San Juan as first Cat 4 hurricane in 85 years makes landfall in Puerto Rico
September 21, 2017 by Canadian UnderwriterHurricane Maria is causing river levels to approach or exceed record levels in the United States territory of Puerto Rico, while Hurricane Irma could cause total economic losses of up to US$95 billion in the U.S. and the Caribbean, catastrophe…
Maria could ‘severely test’ Caribbean insurers’ financial strength: A.M. Best
September 20, 2017 by Canadian UnderwriterHurricane Maria – which was producing winds of about 200 kilometres per hour Wednesday morning on Puerto Rico and predicted to cause about 600 mm of rain in some places – “could result in material insured losses” for Caribbean and…
Life-threatening floods for Puerto Rico, four-metre swells for Nova Scotia coast: forecasts
September 19, 2017 by Canadian UnderwriterNine days after Hurricane Irma made landfall in Florida, Hurricane Jose is expected to cause “rough surf conditions” along the Atlantic Coast of Nova Scotia and heavy rain south of Boston, while Hurricane Maria is expected to cause “life-threatening flash…
Insured losses from Harvey’s wind, storm surge as much as US$2.3 billion: AIR Worldwide
August 29, 2017 by Canadian UnderwriterHarvey-related winds and storm surge in Texas are expected to produce industry insured losses amounting to between US$1.2 billion and US$2.3 billion, AIR Worldwide reported Monday afternoon as flooding in southeastern Texas continued to strand residents and wreak havoc. Included…
Harvey creating life-threatening flooding in southeastern Texas, early damage estimate up to US$2 billion
August 28, 2017 by Canadian UnderwriterCatastrophic and life-threatening flooding persisted over parts of southeastern Texas as of early Monday morning despite Harvey being downgraded from an anticipated Category 3 hurricane to a tropical storm. “Do not attempt to travel in the affected areas if you…
More than 200,000 homes in Texas at potential risk of storm surge damage from Hurricane Harvey: CoreLogic
August 25, 2017 by Canadian UnderwriterMore than 200,000 homes along the coast of Texas with a reconstruction cost value (RCV) of approximately US$39.6 billion are at potential risk of storm surge damage from Hurricane Harvey, CoreLogic suggested late Thursday. Irvine, Calif-based CoreLogic, a global property…
Otto enters Pacific after devastation, 4 dead in Costa Rica
November 25, 2016 Luis Manuel Galeano - THE ASSOCIATED PRESSMANAGUA, Nicaragua – Tropical Storm Otto killed at least four people in Costa Rica and then headed into the Pacific Ocean Friday after making landfall as the southernmost hurricane on record to hit Central America. Costa Rican President Luis Guillermo…
Nearly 2 million homes in Florida, the Carolinas and Georgia at risk of storm surge damage from Hurricane Matthew: CoreLogic
October 6, 2016 by Canadian UnderwriterNearly two million homes in Florida, North and South Carolina and Georgia are risk of storm surge damage from Hurricane Matthew as it makes its way toward the United States’ Atlantic Coast, according to new data from CoreLogic, Inc. On…
Slow-moving Hurricane Matthew expected to make landfall in Haiti on Tuesday as Category 4 storm
October 4, 2016 by Canadian UnderwriterSlow-moving Hurricane Matthew is forecast to make landfall on Haiti’s Tiburon Peninsula around midday on Tuesday as a Category 4 storm, according to the National Hurricane Center (NHC). As one of the most powerful North Atlantic hurricanes in recent history…
Flash estimate for insured losses from Hurricane Hermine US$500 million: KCC
September 6, 2016 by Canadian UnderwriterThe current flash estimate of insured losses associated with Hurricane Hermine – likely to produce in excess of 50,000 claims – approaches US$500 million, with total economic damages almost US$1 billion, Karen Clark & Company (KCC) reported Friday. “The storm…