News & Updates

Atlantic Hurricane Season

Florida Spared Significant Hurricane Activity in 2019

Florida Spared Significant Hurricane Activity in 2019

The 2019 Atlantic Hurricane Season has come to a close with little direct impact on Florida. This is welcomed relief after most areas of the state experienced damage in at least one of the three preceding years. The relative lack of hurricane activity in Florida this year might have more to do with luck than […]

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East Coast Remains on High Alert

East Coast Remains on High Alert

Hurricane Dorian’s slow forward movement and uncertain path continue to keep Florida on high alert, particularly on the east coast. Last week, Dorian was a tropical storm that appeared as if it might stall and never gain hurricane strength. Models also varied widely in their guesses as to the storm’s future direction. Dorian overcame this […]

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An Unwelcome Prediction

An Unwelcome Prediction

Amidst discussion about Citizens Property Insurance Corporation’s proposed sinkhole rates, and more broadly about debt ceilings and credit ratings, a recent NOAA prediction did not receive much attention. With the recent demise of Tropical Storm Emily, we have now seen five named storms in the current hurricane season. In May, the NOAA predicted the season […]

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2011 Hurricane Season Arrives

2011 Hurricane Season Arrives

The 2011 Atlantic Hurricane season is officially underway, and with it comes the annual concerns for Florida and other coastal states.  In the insurance industry, we tend to focus on the economic effects of hurricanes–  the design of insurers’ reinsurance programs, the impact on Citizens Property Insurance Corporation and its reliance on assessments, and the […]

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