Sentences with phrase «hurricane insurance in»

Hurricane insurance in McAllen, TX can be hard to find because of the location and the fact that South Padre Island is more of a speed bump for hurricanes than a barrier island on its southern end.

As a result, in 2012 the Mississippi House of Representatives passed a bill that requires insurance companies to offer discounts on hurricane insurance in five of the state's counties.

Nevertheless, reinsurance companies, like Munich Re, are very concerned about the impacts of global warming, and I don't think you can even buy hurricane insurance in some parts of Florida anymore.

Hurricane insurance in McAllen, TX can be hard to find because of the location and the fact that South Padre Island is more of a speed bump for hurricanes than a barrier island on its southern end.

Not exact matches

As Hurricane Irma battered Florida, the cream of the insurance world — gathered under the Mediterranean sun in Monte Carlo — was assessing the costs of the storm for the global industry.

The insurance industry now uses sophisticated catastrophe modeling for risk assessment when it comes to flooding, hurricanes, and other natural disasters, but that wasn't the case until 11 insurance companies went bankrupt after Hurricane Andrew in 1992.

(Hurricane Andrew crushed Florida, leaving $ 15.5 billion in damages, which exceeded the total of all insurance premiums ever collected in Dade County up until the storm, according to The New York Times.)

Hurricane Katrina resulted in more than $ 15 billion in flood insurance losses in Louisiana and Mississippi that were paid by the National Flood Insurance Program (NFIP), a federal program that is the only source of flood insurance for most Ainsurance losses in Louisiana and Mississippi that were paid by the National Flood Insurance Program (NFIP), a federal program that is the only source of flood insurance for most AInsurance Program (NFIP), a federal program that is the only source of flood insurance for most Ainsurance for most Americans.

This means if the insurance group experiences a catastrophic loss due to a 9.0 earthquake in California or a severe hurricane in New York, the candy companies and furniture businesses are still going to be trucking along, generating cash.

The most likely reason is that renters insurance is more costly in coastal areas threatened annually by hurricanes and tropical storms.

Commissioner of Insurance Javier Rivera - Rios warned local insurers that they risk losing their authorization if they do not settle the claims related to hurricane Maria in a timely manner.

Fort Lauderdale - based Universal Insurance Holdings said it expects to pay out between $ 350 million to $ 450 million in claims from Hurricane Irma.

In the chaotic aftermath of Hurricane Harvey, one thing has already become clear: The US federal flood insurance program is massively underfunded.

Increased costs to insurers from the suits won't affect rates for hurricane insurance this year but could impact them next year, when insurers negotiate reinsurance contracts based in part on total losses from the September 2017 storm, the president of a large Florida - based insurer said.

It seems with all the hurricane activity we are witnessing in the Gulf of Mexico and Caribbean many stocks in the insurance space have been extra volatile falling quite dramatically in recent days.

Insurance rates expected to spike nationwide after hurricanes Harvey and Irma In addition to the dramatic flooding in Texas after Hurricane Harvey and the.In addition to the dramatic flooding in Texas after Hurricane Harvey and the.in Texas after Hurricane Harvey and the...

For example, like homeowners insurance, renters insurance is more expensive in Florida because of the increased risk of perils (especially tropical storms and hurricanes).

Hurricane Harvey has at least pushed flood insurance to the front burner in Washington.

Profits of non-financial corporates rose by 19 per cent over the year to the September quarter, and are very high as a share of GDP, though profits of financial corporates were adversely affected by higher insurance payouts following the string of hurricanes that hit the US in the September quarter.

According to the Insurance Information Institute (III), in 2012 Massachusetts had an estimated $ 393.6 billion of insured residential coastal property vulnerable to hurricanes.

CubeSmart estimates $ 1.4 million in repair costs, net of insurance proceeds, for damages caused by hurricanes Harvey and Irma.

On October 4, two weeks after Hurricane Maria hit Puerto Rico, Trump finally sent Congress a request for $ 29 billion more for disaster victims in the mainland US, Puerto Rico, and the US Virgin Islands; $ 13 billion is set aside to replenish the shrinking FEMA disaster relief fund, and the rest will go to pay federal flood insurance claims.

Homeowners affected by Hurricane Katrina were contesting the language of their insurance policies in regards to storm surge or ground flooding.

The U.S. government's National Flood Insurance Program has about $ 7.6 billion in available funds to pay Hurricane Harvey - related claims with analysts estimating damages of several times that amount.

Piermont — State Legislator David Carlucci visited the Piermont home of James and Veronica Artrip on January 16 to inspect mold damage to the family's home and offer support to homeowners struggling with insurance coverage for the effects of black mold in the aftermath of Hurricane Sandy.

In typical fashion, Cahill, who likes to listen — at the expense of action, say some — will hold hearings in the Hurricane Sandy - damaged areas downstate with an ear toward how the insurance companies responded to claimIn typical fashion, Cahill, who likes to listen — at the expense of action, say some — will hold hearings in the Hurricane Sandy - damaged areas downstate with an ear toward how the insurance companies responded to claimin the Hurricane Sandy - damaged areas downstate with an ear toward how the insurance companies responded to claims.

Florida is very expensive in a nice area near the water with flood and hurricane insurance.

She noted that following Hurricane Sandy, there are issues «pending in Washington» like addressing FEMA flood maps and reforming the flood insurance program, things that Grimm was working on and that need to be addressed by the next congressperson, she said.

He talked of a need to revamp the national flood - insurance program, saying that due to «affordability» about 80 percent of homeowners in Houston didn't have flood insurance before Hurricane Harvey hit last year.

The range of possible actions to hurricanes is limited to evacuation, large - scale engineering projects such as floodgates and dams, loss prevention (insurance), and the self - organization of society in recovery and rebuilding in the aftermath of a hurricane disaster.

One hot topic in public health funding, he said, is the idea of working with the private insurance and reinsurance sectors to begin insuring against pandemics in the same way that these companies insure against natural disasters such as hurricanes.

We spent nearly $ 100 billion in 2012 on drought - related crop insurance, storms like Hurricane Sandy, floods and wildfires.

- Hurricane Katrina, which hit New Orleans and the Gulf Coast in 2005, is in a class by itself: In addition to the loss of life, it caused $ 40 billion in insurance lossein 2005, is in a class by itself: In addition to the loss of life, it caused $ 40 billion in insurance lossein a class by itself: In addition to the loss of life, it caused $ 40 billion in insurance losseIn addition to the loss of life, it caused $ 40 billion in insurance lossein insurance losses.

In the wake of skyrocketing insurance claims due to natural disasters — hurricanes, wildfires, droughts, blizzards and the like — insurers have been imposing steep rate hikes and, in some cases, fleeing high - risk areas, leaving consumers out in the colIn the wake of skyrocketing insurance claims due to natural disasters — hurricanes, wildfires, droughts, blizzards and the like — insurers have been imposing steep rate hikes and, in some cases, fleeing high - risk areas, leaving consumers out in the colin some cases, fleeing high - risk areas, leaving consumers out in the colin the cold.

These models are currently used by the insurance industry in underwriting flood and wind insurance products, by the finance industry in pricing catastrophe bonds, and by local officials in coastal communities in preparing for and responding to hurricanes and other coastal storms.

December 28, 2017 • Thousands of residents are still living in hotels and rental housing while they await insurance money to help them rebuild homes that were flooded in Hurricane Harvey this summer.

Everybody knows we've been hit by hurricanes, but it's surprising how far the impact has spread (all the way up to Long Island, for instance), simply through changes in insurance coverage and pricing.

Since you're insuring liability and contents, the strength of the building in terms of hurricane safety has a direct impact on how much risk you retain without wind coverage on your renters insurance in Florida.

If you live in one of the states listed below or the District of Columbia and are purchasing a homeowners insurance policy, make sure you are aware if your policy has a separate deductible for hurricanes and windstorms.

The most likely reason is that renters insurance is more costly in coastal areas threatened annually by hurricanes and tropical storms.

In order to have your vehicles and boats covered against flood or hurricane damage, you'll need to get comprehensive insurance, which covers nearly everything that could damage your vehicles except a collision.

«In Florida, because of the hurricanes, there are certain areas that are deemed extremely high risk by the private insurance market and as a result, they do not want to take on new insurance clients,» says Lawrence Barker of the Canadian Snowbird Association.

«But if you don't have private insurance on your vacation home in Florida, and it's wiped out in a Hurricane Katrina - like situation, then you're done.»

If homeowners affected by Hurricane Irene or its less powerful incarnation, Tropical Storm Irene, experienced wind and flood damage, they could be in for a rude awakening when they file insurance... more

When you start over in New Orleans bring plenty of money for the property taxes and hurricane - zone homeowners insurance.

Snow, tornadoes, and hurricanes are generally all covered perils on renters insurance in Raleigh, which is one of the reasons that coverage is so important to have.

Did you know that Orlando is one of the few places in Florida where wind and hurricane coverage is available as part of a standard renters insurance policy?

Mobile home insurance provides policyholders with financial protection, which can be particularly useful in hurricane - prone states like... Read More

Orlando renters insurance is one of the few areas in Florida where you can get coverage for windstorms and hurricanes.

Severe weather issues: Tornadoes, hurricanes, and hail are usually more common in these 10 states, making them the biggest risks from a home insurance perspective.