Tag Archives: Hurricane

Hurricane Ida triggered record rainfall in New York and nearby regions. Due to past disasters, experts say the city was better prepared to withstand severe weather.

Experts examine what the hurricane—now downgraded to tropical storm—means for borrowers, insurers, servicers, and government agencies.

Tropical Storm Elsa marks the beginning of storm season expected to threaten some 8 million homes with more than $1.9 trillion in reconstruction cost value.

Residents, servicers, and financial institutions can benefit from understanding disaster risk—researchers take a look at how homeowners are planning.

Two years after Hurricane Harvey, who is being left behind during assistance efforts?

Florida is still trying to recover from the impact of Hurricane Michael, with many homeowners still displaced. Here'show officials are planning to get residents back in homes.

Insurance Business America reports that insured losses from Hurricane Dorian in the U.S. could be between $500 million and $1.5 billion, according to estimates from analytics firm RMS.  The projection represented insured losses associated with wind and storm-surge damage, as ...

Many homeowners may be facing financial difficulties in Dorian’s aftermath due to a lack of insurance, as many have dropped their insurance in the past several years.

A new report by Fitch Ratings states that Hurricane Dorian is not expected to impact either commercial mortgage back securities (CMBS) or residential mortgage backed securities (RMBS) due to pool diversification, servicer advancing, and insurance coverage.  Hurricane season, though, does ...

CNN is reporting that Hurricane Dorian, now a Category 2 storm, is dropping heavy rains and winds along the eastern coast of Florida, and residents of Charleston, South Carolina, have been asked to evacuate.  Dorian is carrying maximum sustained winds ...