Sentences with phrase «hurricane risk in»

The stock should be priced more like a re-insurer that only re-insures hurricane risk in Florida or something like that.

Not exact matches

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.
Deborah Brosnan, an environmental and disaster risk consultant, said the challenge in making a shift to integrating changing risks into planning and investments is enormous, even when a community has a devastating shock such as a hurricane or flood or both:
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.
And as Florida's state climatologist David Zierden, who is also a researcher at Florida State University, told me, «It's this continued development in vulnerable areas that's increasing our hurricane risk much more than climate change itself.»
But the risk for the island is that while the immediate devastation of Hurricane Maria is leading to a brief surge in attention, the subject of maritime regulation will likely soon slip back into its customary obscurity — dragging down Puerto Rico's economy more out of indifference than malice.
Let's unpack them and explore what they mean not just for Texas and Florida, but for all communities at risk of intense hurricanes in the future.
It's not clear how much interest Republicans will have in creating similar safeguards in their Hurricane Harvey legislation — President Trump's White House revoked an executive order on flood risk regulations just a few days before Harvey hit.
«In conclusion, while we can not say climate change «caused» hurricane Harvey (that is an ill - posed question), we can say that it exacerbate several characteristics of the storm in a way that greatly increased the risk of damage and loss of life,» Mann wrotIn conclusion, while we can not say climate change «caused» hurricane Harvey (that is an ill - posed question), we can say that it exacerbate several characteristics of the storm in a way that greatly increased the risk of damage and loss of life,» Mann wrotin a way that greatly increased the risk of damage and loss of life,» Mann wrote.
For example, like homeowners insurance, renters insurance is more expensive in Florida because of the increased risk of perils (especially tropical storms and hurricanes).
Wittner pointed to «big product draws» due to the fallout from recent US Gulf Coast hurricanes helped push oil prices toward that high this week, along with potential geopolitical risk from Monday's Kurdish independence referendum in Iraq.
More than 76,000 homes in Naples with a value of $ 17.5 billion are in «extreme» risk zones, meaning they would be affected by all hurricane category levels.
Because climate change is linked to an increase in severe weather events — like hurricanes, tsunamis and extreme temperatures — poorer countries that lack the infrastructure and resources to handle them leave millions at risk.
You find fellow Ghanaians standing in open places; some left to wait at street shoulders and roundabouts with no one caring about the associated risk posed by motorists; others are left at the mercy of the vagaries of the weather — to these embassies, they couldn't be bothered if the sun is scorching, if it's raining or even if there is a category five hurricane — they simply don't seem to care,» he noted.
A Puerto Rico dam damaged by heavy rains from Hurricane Maria was in danger of failing, posing a risk to communities downstream, as people across the U.S. territory sought to dig out from the deadly storm.
Just be wary that the risk for rip currents and large swells will remain in place as Hurricane Gert passes well offshore.
Just be wary that the risk for rip currents and large swells will remain in place as Hurricane Gert passes well -LSB-...]
These numbers are even more sobering when you consider that they only reflect our present risk and a small portion of the total amount of federal disaster assistance paid out in the nine states most at risk from Hurricane Joaquin.
«The primary risk that climate change may pose would be any potential increase in the frequency or intensity of strong thunderstorms, hurricanes or brushfires,» the company said on a climate risk disclosure form that California began requiring insurers to file this year.
Silver Award: Alex Kuffner The Providence Journal «Rising seas, rising stakes» Nov. 20, 2016 «Losing ground» March 19, 2017 «On the brink» July 9, 2017 Judges praised Alex Kuffner for his comprehensive look at the risks facing Rhode Island communities from either a once - in - a-century hurricane or a sea level rise of seven feet by the end of the century, as projected in a worst - case scenario by researchers at the National Oceanic and Atmospheric Administration (NOAA).
Stephen Rose and colleagues from Carnegie Mellon University in Pittsburgh, Pennsylvania, modelled the risk hurricanes might pose to turbines at four proposed wind farm sites.
Wencui Han of the Department of Management Science and Systems at the University at Buffalo, New York and colleagues, explain how in the last two decades criminal incidents such as shootings on campus, assaults and robberies, natural disasters including tornadoes, hurricanes and snow storms and disease outbreaks have put students and staff at risk.
«We believe this first study of rogue waves occurring over space and time during hurricanes will help improve real - time forecasting for shipping companies and other organizations that need to understand the risk of extreme events in the oceans.»
Small ecosystems are more vulnerable to extinctions; their member species are fewer in number and have limited refuge, and so are at statistically greater risk of being eliminated by a single event, whether a hurricane or the introduction of a predatory snake.
Yet, as of 2010, 39 percent of the U.S. population lived in coastal areas that feature greater risks of hurricane, floods and earthquakes.
His main research interests are in the development and application of probabilistic concepts and methods to civil and marine engineering, including: structural reliability; life - cycle cost analysis; probability - based assessment, design, and multi-criteria life - cycle optimization of structures and infrastructure systems; structural health monitoring; life - cycle performance maintenance and management of structures and distributed infrastructure under extreme events (earthquakes, tsunamis, hurricanes, and floods); risk - based assessment and decision making; multi-hazard risk mitigation; infrastructure sustainability and resilience to disasters; climate change adaptation; and probabilistic mechanics.
This trend is likely to continue, the researchers said, adding that major coastal disasters such as Hurricane Katrina in 2005 and Superstorm Sandy in 2012 already have indicated the possibly increasing risks associated with settling in the country's low - lying coastal areas.
To get a sense for how this probability, or risk of such a storm, will change in the future, he performed the same analysis, this time embedding the hurricane model within six global climate models, and running each model from the years 2081 to 2100, under a future scenario in which the world's climate changes as a result of unmitigated growth of greenhouse gas emissions.
In Haiti, cholera is a risk; after 2016's Hurricane Matthew, affected areas experienced a 50 per cent increase in cases thanks to a lack of clean drinking wateIn Haiti, cholera is a risk; after 2016's Hurricane Matthew, affected areas experienced a 50 per cent increase in cases thanks to a lack of clean drinking watein cases thanks to a lack of clean drinking water.
A hurricane watch is in effect for the Cuban province of Camaguey, the central Bahamas and the Turks and Caico Islands, and a tropical storm warning has been issued for parts of the Dominican Republic, where authorities have begun mandatory evacuations of areas at risk of flooding.
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.
The researchers note that, historically, the design of Southeast Louisiana's hurricane flood risk reduction system has hinged on raising and adding levees in response to river or hurricane events that impact the region.
Every conceivable catastrophic event — severe cyclones (hurricanes or typhoons), tsunamis, flood, earthquakes, fire and crashing aircraft — has been considered in SMR - 160's design basis, and appropriate features incorporated to ensure that it will withstand these events without damage to itself, nor impose any risk to public health and safety.
This discord is in part why some scientists have argued for a more holistic approach to both defining major hurricanes as well as warning the public of the risks specific storms pose.
If you're in the path of a hurricane or tornado and are at serious risk, please evacuate if recommended and stay safe!
After the destruction of his family's restaurant during Hurricane Sandy, a young chef (Hunter Parrish) must grow up quickly, taking the biggest risks of his life both in business and love.
For more resources visit thisisgeography.co.uk Lesson sequence: 1 - Global circulation system 2 - Coriolis effect 3 - Extreme temperatures 4 - Precipitation and wind 5 - Tropical storms 6 - Hurricane Katrina 7 - Drought 8 - Drought in the UK 9 - El Nino and La Nina 10 - Plate tectonics 11 - Earthquakes 12 - Fold mountains 13 - LIDC case study (Haiti) 14 - AC case study (New Zealand) 15 - Management to reduce risk
When a massive hurricane hits land, SEAL Sam Rafferty is trapped in the everglades with a cartel hit squad in hot pursuit — forcing him to take a terrible risk that could jeopardize the lives of his wounded mother and Kate, a woman who branded him with her love.
While this would not be a covered loss if wind is excluded, $ 300 of food in your fridge spoiled because the hurricane took out the power grid is a far smaller risk than the flooding or destruction that can come from a hurricane in less well constructed dwellings.
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.
«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.
When the hurricanes hit in 2005, I told my boss that the easy money, low - risk, low - reward play was to buy Berky.
Every time we experience a calamity, like Hurricane Sandy if you're on the east coast, it reminds us that there are risk factors in life beyond our control.
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.
To use our earlier example of Corpus Christi renters insurance, obviously hurricanes are a significant risk in the area.
Homeowners in this state are at risk of damages caused by tornados, hurricanes, floods and even earthquakes.
Many people prefer this weather, but in the southern part of the state the climate also means hurricane risk.
For example, like homeowners insurance, renters insurance is more expensive in Florida because of the increased risk of perils (especially tropical storms and hurricanes).
If many residents live in an area that is subject to natural disasters like earthquakes or hurricanes, everyone in that area is charged a similar rate as opposed to people who do not live in high - risk areas.
But even if it's not required, we recommend you consider windstorm insurance if your house is located in a high - risk region, as direct damage from wind, hail and hurricanes are likely excluded from your home insurance policy.
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