Category Archives: Hurricane Damage
Millions in recovery money sought for Bay County schools
Source: Panama City News HeraldBy: The News Service of Florida Bay County schools would get $4 million for teacher and staff costs as lawmakers file proposals to help areas of the Panhandle that continue to recover from last year’s Hurricane Michael. Rep. Jay Trumbull, R-Panama City, has filed bills requesting more than $10 million for… Read More »
Insurers Pay $4.1M in Claims During Recent Hurricane Michael Claims Villages
Source: Insurance Journal Claims villages hosted by the Florida Department of Financial Services since August 2019 have led to the resolution of $4.1 million in insurance claims for nearly 750 residents impacted by Hurricane Michael, according to a statement from DFS. In total, DFS has has hosted seven Hurricane Michael Insurance Villages since the… Read More »
Top 10 costliest hurricanes in the U.S.
Source: PropertyCasualty360.com By Danielle Ling The insurance industry is painfully aware of the increased activity and severity of extreme weather events in recent years, including that of Atlantic hurricanes. On the list of the 10 costliest U.S. hurricanes on record, 9 out of the 10 most expensive storms occurred in the last two decades. The Insurance Information Institute (I.I.I.) compiled… Read More »
City of Miami Secures $7.3 Million Reimbursement Check from FEMA for Irma
Source: Miami Beach TimesBy: Mike S. PaytonPhoto credits: NOAA On November 1st, the City of Miami announced it had secured a $7.3 million check from the Federal Emergency Management Agency (FEMA), which reimburses the City for funds that it expended in the aftermath of Hurricane Irma in 2017. In total, the City is seeking… Read More »
Hurricane Dorian Insurance Claims Rise in Atlantic Canada
The insurance claims from damages from Hurricane Dorian have officially reached approximately $105 million in Atlantic Canada, and that is not including the damage to government infrastructure. The Insurance Bureau of Canada has recently released this information. Dorian went from being a hurricane to a tropical storm by the time it hit the Maritimes,… Read More »
Residents of Florida city destroyed by hurricane cling to hope of rebuilding
Hurricane Michael demolished 85 percent of the structures in Mexico Beach last October, wiping foundations clean of vacation homes and cinder-block cottages, ripping roofs and exterior walls from businesses and scattering the contents among thousands of tooth-picked long-leaf pines. The city’s operating budget is $3.5 million. It cost $30 million to remove debris from the canals, and… Read More »
Lessons learned from Hurricane Michael
Although it may sound repetitive, there really is no better advice than to “always be prepared” or to “stay tuned to updates” during hurricane season. As First Coast News reports, these tips held true in early October of 2018 when Hurricane Michael hit the Florida Panhandle as a powerful, very dangerous category 5 storm. … Read More »
Florida Lawmaker Requests Answers Regarding Hurricane Michael Claims
Florida Insurance Commissioner David Altmaier has recently spoken out about the claims regarding Hurricane Michael, which occurred almost one whole year ago. He claims that insurance companies have been paying claims on time, however he is aware of the claims that are still open, and how unhappy people are about this. He announced that… Read More »
Updated Forecast Predicts Increased Chances of Above-Normal Hurricane Season
Forecasters at the National Oceanic and Atmospheric Administration have announced that there is a bigger chance than previously thought for an above-normal hurricane season in the Atlantic this season. The likeliness of an above-average hurricane season has jumped from 30% (predicted in May) to 45%. The likeliness of near-normal activity is at 35%, while… Read More »
What Every Small Business Owner Should Know to Prepare for Potential Disasters
Being prepared for any disaster that may arise is vital for every business owner, no matter how big or small their business may be. One thing to keep in mind is communication post-disaster. It is important to have the ability to talk to others once the storm has passed but its’ remnants remain. This… Read More »