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.
Read More »Dorian Could Bring Losses of More Than $1B
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 ...
Read More »Homeowners are Neglecting Flood Insurance
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.
Read More »Report: No Immediate Impact on RMBS From Dorian
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 ...
Read More »Hurricane Heading North After Decimating Bahamas
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 ...
Read More »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.
Read More »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 ...
Read More »EAST COAST BRACES FOR DORIAN
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.
Read More »Fannie and Freddie Prep Servicers for Hurricane Dorian
With Hurricane Dorian expected to become a Category 4 storm when it makes landfall on Monday, Fannie Mae and Freddie Mac have released statements regarding their policies for homeowners and servicers.
Read More »Hurricane Barry’s $300M Cost to Insurers
A new report examines just how much the damage from Hurricane Barry was worth, and how much of it was insured.
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