Sentences with phrase «of hurricane losses»

This is in accord with recent studies (Pielke, 2005; Pielke et al., 2008; Crompton and McAneney, 2008), which demonstrate the importance of demographic changes in driving the increasing economic cost of hurricane losses.

I guess the question in this case (referring to comment # 33 regarding whether there really has been a trend and the reference to Michaels and hurricane loss) boils down to weighing the normalisation of hurricane loss (used to adjust the trends in total hurricane loss) against the calculations by Emanuel as well as the degree of representativeness in this case.

Not exact matches

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 Americans.

Insurance underwriting has dragged on recent results, and Berkshire last year paid out billions of dollars for hurricane losses.

Oct 30 (Reuters)- Hurricane Sandy appears to have easily caused more losses than last year's Hurricane Irene, but final totals will be hard to come by for some time because of the scale of the disaster, catastrophe forecasting companies said on Tuesday.

Rivera - Rios said that as of March 31 of this year, 243,989 claims had been received due to damage and losses caused by hurricane Maria.

Hurricane Maria left billions of dollars in damage in its wake, including both infrastructure damage and economic losses.

It says that the hurricanes that hit Texas, Florida and Puerto Rico last year will lead to $ 100 billion of losses for insurers.

The insurance segment of Mr. Buffett's letter contains an interesting discussion on hurricane losses.

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.

Statewide, Florida property owners filed 924,439 claims related to Hurricane Irma, with estimated insured losses of $ 8.6 billion, state records show.

«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 wrote.

It may also be that, with damage estimates of $ 50 billion positioning Hurricane Sandy as second only to Hurricane Katrina in terms of total losses, investors may be sticking with the relative safety of the U.S. bond market.

«For 2017, people who were victims of the hurricanes or California wildfires can claim a casualty loss even if they don't itemize,» said Greene - Lewis.

But with the report showing a loss of 33,000 payrolls, the Bureau of Labor Statistics (BLS) cautioned that some of the data in the report might have been skewed by the impact of the hurricanes.

As victims of Hurricane Harvey and Irma, and of the Northwest wildfires, work to restore their upended lives, including, in some cases, the loss of their homes and worldly possessions, getting their personal finances back on track only lengthens what seems to be an insurmountable task list.

Hurricane Andrew in 1992 led to losses around 1 % of GDP, but no crisis followed — in fact, the economy began to recover from a recession immediately after the hurricanHurricane Andrew in 1992 led to losses around 1 % of GDP, but no crisis followed — in fact, the economy began to recover from a recession immediately after the hurricanehurricane struck.

Corporate profits are very large as a share of GDP, having increased by 13.5 per cent in the December quarter, after being adversely affected in the previous quarter by hurricane - related losses (Graph 4).

Since uninsured losses from a hurricane are typically roughly equal to insured losses, this would put the cost of a repeat Donna at $ 52 billion in 2005.

Chief Financial Officer Karen Hoguet said sales of cold - weather merchandise were $ 50 million lower than expected during the quarter; the hurricanes» impact was estimated at around $ 20 million in losses.

«If the loss of a house or a job in a recession or a hurricane is «just life trying to move us in another direction,» then it is in the direction of pain, difficulty, anxiety, and despair.

«Kids are very intuitive and perceptive,» says child development and parenting expert Denise Daniels, who has helped children around the globe cope with losses as a result of tragedies such as 9/11, Hurricane Katrina, and the 2004 tsunami in Southeast Asia.

«My thoughts and prayers are with all of my fellow New Yorkers and the many others who are experiencing loss as a result of Hurricane Sandy.

Puerto Rico was suffering a massive and unprecedented population loss before Hurricane Maria hit, largely because of a debt crisis that bankrupted the island's government and crippled the economy.

«We write to direct your urgent attention to the destructive role of these companies in the current crisis in Puerto Rico, in which massive hurricane damage and economic loss is being exploited by private equity funds seeking huge profits from human suffering,» says the letter, which was also signed by groups including New York Communities for Change and the Center for Popular Democracy.

There, a little more than two hours southwest of Houston, the Victoria Advocate has covered the story of Hurricane Harvey and the storms that have followed while dealing with loss of power, no water and a displaced staff.

The members of the Rockland County Legislature's Budget and Finance Committee passed a resolution on Tuesday to urge the United States Senate and the House of Representatives to support a tax relief package proposed by U.S. Senators Charles Schumer (NY) and Robert Menendez (NJ) to aid individuals and businesses that suffered financial loss due to Hurricane Sandy.

The loss of Earth - monitoring satellites impairs scientists» ability to track hurricanes — and they are predicting a lot of them this year

Ecologist Jeffrey Chambers of Tulane University in New Orleans, Louisiana, and his colleagues used data on hurricanes and the damage they have caused to estimate the total loss of biomass in US forests for every year from 1851 to 2000.

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.

Researchers from the Potsdam Institute for Climate Impact Research (PIK) now analyzed the magnitude of future hurricane losses in relation to economic growth.

Showcasing the United States they found that financial losses per hurricane could triple by the end of the century in unmitigated climate change, while annual losses could on average rise by a factor of eight.

In a story that presaged the devastating impact of Hurricane Harvey on the Houston area, the reporters took a closer look at two previous storms ─ the Memorial Day Flood of 2015 and the Tax Day Flood of 2016 ─ and described how the loss of undeveloped prairie and wetlands has made areas more prone to flooding.

A summary of the studies, released last month, warns of a nonlinear relationship between the strength of future storms and potential losses, which stand to grow even if the worst predictions about hurricanes aren't realized.

With the disappearance of the reefs, hurricanes and other tropical storms will result in even greater loss of life and resources than is the case today.

Hurricane Katrina caused mass devastation and loss of life because recommendations to bolster the levees shielding New Orleans and other protective measures were neglected for decades despite urgent expert warnings, and because the federal emergency relief effort failed completely after the storm.

According to Dan M. Frangopol, the Fazlur R. Khan Endowed Chair of Structural Engineering and Architecture at Lehigh University and You Dong, Assistant Professor of Structural Engineering at The Hong Kong Polytechnic University, the majority of previous studies have focused on structural performance and loss assessment under hurricanes.

The Federal Emergency Management Agency (FEMA) wrote in its 2013 National Preparedness report last week that during and immediately following Hurricane Sandy, «users sent more than 20 million Sandy - related Twitter posts, or «tweets,» despite the loss of cell phone service during the peak of the storm.»

The team simulated 549 different types of storms, ranging from small ones to hurricanes larger than Superstorm Sandy, and estimated the average resulting annual expected flood losses.

- 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 losses.

Many people have tried to find ways of preventing hurricanes before they make landfall, resulting in the loss of human lives.

Many in America will still recall vivid memories of Hurricane Harvey, which hit Texas in August and caused $ 180 billion in financial losses.

This controversy developed in the years after Hurricane Katrina, when scientists noticed that there were large areas of wetland loss near the Caernarvon Freshwater Diversion.

When you add in climate trends including sea level rise, which can increase the height of storm surge, and projections of fewer but more intense hurricanes, you have a recipe for increased vulnerability and losses in these regions in the future.

For overall development of muscle (that dense matter that rips through calories like a hurricane) and fat loss, most of your reps should be between six and 12.

On November 27, 2017, TEA issued a To The Administrator Addressed letter encouraging school districts and charter schools to document any loss of records due to Hurricane Harvey.

Although it may not be entirely possible to avoid an audit finding if TEA's guidance is followed, it is nonetheless incumbent upon and important for districts and charters to document the loss of records due to Hurricane Harvey and any other weather or unforeseeable and uncontrollable event.

By Ramón Medina On November 27, 2017, TEA issued a To The Administrator Addressed letter encouraging school districts and charter schools to document any loss of records due to Hurricane Harvey.

The car company has suffered a number of setbacks since it was formed in late 2007, including production delays, safety recalls and the loss of over 300 cars in hurricane Sandy.

Consecutive extreme hurricanes caused loss of life and hundreds of billions of dollars in damage along our Gulf Coast, Florida and in Puerto Rico and the U.S. Virgin Islands — which endured two Category 5 storms in two weeks!