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Tag Archives: Hurricane

Dorian Could Bring Losses of More Than $1B

hurricane storm surge

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 ...

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Report: No Immediate Impact on RMBS From Dorian

hurricane storm surge

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 ...

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Hurricane Heading North After Decimating Bahamas

hurricane vortex

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 ...

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President Donald Trump Meets With FEMA

President Donald Trump cancelled a visit to Poland to meet with FEMA officials at Camp David to discuss the response to Hurricane Dorian, which could put hundreds of thousands of East Coast homes at risk. 

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Hurricane Dorian Causing Havoc in the Atlantic

Updated at 1:07 p.m. CDT Hurricane Dorian has been downgraded to a Category 4 hurricane and has been ravaging the Bahamas for hours, The New York Times is reporting. Reports state that the hurricane is moving west at just 1 ...

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EAST COAST BRACES FOR DORIAN

hurricane storm surge

A new report shows that Hurricane Dorian could not only bring life-threatening winds to Florida and the Carolinas, but more than $100 billion in reconstruction costs.

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