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Risk tracker RMS predicts up to $5 billion in insured losses from Hurricane Florence

RMS' estimations include property damage and business interruption in residential, commercial, industrial and automobile businesses while factoring in post-event loss amplification......»»

Category: realestateSource: cnbcSep 24th, 2018

Nearly 49K Hawaii homes at extreme, very high risk of flooding from Hurricane Lane

Nearly 49,000 single-family homes in Hawaii are at extreme risk or very high risk of suffering flood damage from a hurricane such as Hurricane Lane and have a total reconstruction cost value of some $8 billion, according to an analysis by CoreLogic.....»»

Category: topSource: bizjournalsAug 22nd, 2018

Hurricane Lane Threatens $8 Billion in Damage to Hawaii

As Hurricane Lane bears down on the Hawaiian island of Oahu, analysts at CoreLogic estimate that more than $8 billion in property is at risk of heavy damage from the storm......»»

Category: blogSource: 247wallstAug 23rd, 2018

A hurricane bringing 90 mph winds and a risk of life-threatening floods is closing in on the East Coast of the US

NOAA NWS National Hurricane Center/Handout via REUTERS Hurricane Florence is hurtling toward the US East Coast. It is expected to hit the.....»»

Category: topSource: businessinsiderSep 10th, 2018

Insurers Bracing for Hurricane Florence, More Storm Threats Coming

The property and casualty insurers often see their shares trade lower ahead of and into major storms because the losses can run rather easily into the billions of dollars......»»

Category: blogSource: 247wallstSep 10th, 2018

ILS Market Could Take Up To $18 Billion Of 2017 Hurricane Losses

ILS Market Could Take Up To $18 Billion Of 2017 Hurricane Losses.....»»

Category: topSource: seekingalphaSep 11th, 2018

Stocks are mixed amid tech gains, insurance losses

Stocks are little changed Tuesday morning as a trade complaint by China puts some pressure on industrial and basic materials companies, and insurance companies take losses as Hurricane Florence moves toward the East Coast......»»

Category: topSource: foxnewsSep 11th, 2018

Restaurant companies at greatest risk as Hurricane Florence bears down

SunTrust analysts say more than half of Bojangles’ locations are in the Carolinas, making it highly exposed to Hurricane Florence.....»»

Category: topSource: marketwatchSep 11th, 2018

How to keep food safe if your power goes out during Hurricane Florence

Hurricane Florence is currently barreling toward the US East Coast, and is expected to make landfall in North or South Carolina as early as Thursday. Power outages are a major risk, as the Cat.....»»

Category: topSource: businessinsiderSep 12th, 2018

"A Life Changing Event": 3 Million To Lose Power, Hog Farmers Panic As Hurricane Set To Smash Into Coast

With Hurricane Florence barreling down on North Carolina, local industries - especially hog farmers - are preparing for the worst. Meanwhile, millions are at risk of losing power as they brace for a hi.....»»

Category: blogSource: zerohedgeSep 12th, 2018

Carolinas real estate at risk from Florence

CNBC's Diana Olick takes a look at how real estate in the Carolinas may be impacted by Hurricane Florence......»»

Category: realestateSource: cnbcSep 14th, 2018

6 Insurers That Could Get Hammered by Hurricane Florence

Even before Hurricane Florence made landfall in North Carolina , analysts were tallying up the potential losses. Here are some insurers that could be left holding the bag......»»

Category: topSource: barronsSep 14th, 2018

6 Insurers That Could Get Hit by Hurricane Florence

Even before Hurricane Florence made landfall in North Carolina , analysts were tallying up the potential losses. Here are some insurers that could be left holding the bag......»»

Category: topSource: barronsSep 14th, 2018

Hurricane Florence will cause up to $5 billion in property damage, CoreLogic says

Housing data provider CoreLogic late on Thursday downgraded its initial estimate.....»»

Category: topSource: marketwatchSep 14th, 2018

Hurricane Florence Will Not ‘Move the Needle’ on US Economy

Hurricane Florence Will Not ‘Move the Needle’ on US Economy $DIA, $SPY, $QQQ, $RUTX, $VXX US Commerce Secretary Wilbur Ross predicts that Hurricane Florence will not be devastating to the overall US economic, despite any financial dam.....»»

Category: topSource: livetradingnewsSep 14th, 2018

More than 1.2 million homes in North and South Carolina sit outside government-designated flood zones, and that could lead to vast uninsured losses during Tropical Storm Florence, report says

Eduardo Munoz/Reuters A number of homes in North and South Carolina at risk of flooding during Tropical Storm Florence, even though they sit outside of federally designated flood zones. While some.....»»

Category: topSource: businessinsiderSep 15th, 2018

Hurricane Florence Could Have $15 Billion Price Tag

Before Hurricane Florence made landfall, there were estimates that it could cause over $100 billion in damage, which would make it among the most costly hurricanes in history. It was a Category 4........»»

Category: blogSource: 247wallstSep 16th, 2018

Hurricane Florence could have $15 billion price tag

Before Hurricane Florence made landfall, there were estimates that it could cause over $100 billion in damage, which would make it among the most costly hurricanes in history. .....»»

Category: topSource: moneycentralSep 16th, 2018

Hurricane Florence estimated to have caused $22 billion in damage

Tens of thousands of people in North Carolina are starting to tally the damage from Hurricane Florence. Early estimates show the storm caused as much as $22 billion in destruction. Manuel Bojorquez reports......»»

Category: topSource: moneycentralSep 19th, 2018

Auto Losses From Hurricane Florence Much Lower Than Harvey

The number of cars damaged or destroyed by Hurricane Florence won't approach the damage caused when Hurricane Harvey struck Houston last year. Auto sales won't get the jolt from Florence that they........»»

Category: blogSource: 247wallstSep 21st, 2018

National Security Group sees losses from Hurricane Florence of $1M-$1.5M

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 21st, 2018