property insurance News

Early Estimates Put Idalia’s Insured Losses at $3-9 Billion for Florida

Preliminary estimates of insured losses from Hurricane Idalia have already begun, with about $9 billion in losses predicted for Florida alone. The estimates are far lower than some in Florida had feared and well below the $60 billion in losses …

What Is it About Named Storms That Start With the Letter ‘I’ ?

Floridians, Georgians and others in the path of Idalia are hoping that the hurricane won’t join the long list of destructive Atlantic Ocean storms whose names started with “I.” Since 1955, 13 Atlantic storm names beginning with “I” have been …

Citizens Suspends Binding, Could Be Most Affected as Hurricane Aims for Big Bend

Florida property insurers were keeping their fingers crossed Tuesday as the latest projections indicated that the worst of Hurricane Idalia may miss some of the most heavily populated parts of the state’s west coast. The National Hurricane Center predicted the …

Alabama Supreme Court Says Work on New Coastal Bridge Can Resume

The Alabama Supreme Court ruled Friday that the state can continue work on a new bridge that will give motorists an alternate route to state beaches. Justices reversed an injunction issued by a Montgomery judge that had halted work on …

Third Child Dies Following House Fire in North Carolina

CONCORD, N.C. (AP) — A third child has died following a weekend house fire in North Carolina, officials said. Fire-fighting crews were dispatched to a one-story public housing duplex in Concord, northeast of Charlotte, shortly after 1:00 a.m. Sunday. Firefighters …

Victims of Deadly Smoky Mountain Fire Get Another Chance at Lawsuits

GATLINBURG, Tenn. (AP) — Victims of a deadly 2016 wildfire that began in Great Smoky Mountains National Park before it burned through a Tennessee tourist town will have another chance to seek compensation from the federal government. Several lawsuits claim …

Hawaii Wildfires Killed at Least 111, Burned 2K-Plus Homes and Businesses

The Hawaii wildfires have killed at least 111 people with many still unaccounted for, and they have burned more than 2,000 burned homes and businesses. CNN reported that Hawaii Gov. Josh Green said it’s likely that more than 1,000 residents …

Potential of ‘Life-Threatening Flooding’ from Hilary in SoCal Mountains, Deserts and Southwest Nevada

AccuWeather on Friday issued an alert warning of the potential of a “life-threatening, flooding disaster” in the mountains and deserts of Southern California and far southwest Nevada due to Hurricane Hilary. In the area, primarily east of Palm Springs and …

What Sparks US Wildfires: Power Lines, Burning Trash and Lightning

The fast-moving fire that ripped through Maui’s historic town of Lahaina killed more than 90 people, making it the deadliest US wildfire in more than a century. The cause of the blaze is still under investigation, but power equipment in …

Miami’s Septic Tanks, Trash Problems Test Appeal to Rich Homeowners

Miami wants to attract even more out-of-state workers and wealthy newcomers like hedge fund tycoon Ken Griffin. But first, County Mayor Daniella Levine Cava faces a huge environmental problem: overflowing garbage heaps and septic tanks. Some of greater Miami’s massive …