News & Analysis as of

Insurance Industry Natural Disasters Hurricane Season

J.S. Held

Beyond the Name: Understanding the Full Impact of Tropical Cyclones

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During the deep summer and early fall, all eyes are on the tropics in areas prone to hurricane activity. Most storms begin as “invests,” or areas of rain shower and thunderstorm activity that is closely monitored by hurricane...more

Bracewell LLP

Hurricane Beryl: How to Maximize Your Company’s Insurance for a Faster Recovery

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After a large storm, companies and other large organizations often face significant property damage, power outages, physical access issues, and resulting business interruption losses. A key step in recovering from a hurricane...more

Bradley Arant Boult Cummings LLP

Sunscreen Is Not the Only Key to Avoid Getting Burned This Summer: The Importance of a Mid-Year Review of Your Insurance Policies

Summertime. The kids are getting out of school. Maybe you have a vacation planned. Down here in Florida, we make early preparations for the annual “it’s going to be the worst hurricane season on record” reports...more

Flaster Greenberg PC

Eight Steps to Recovering Under Your Florida or New Jersey Hurricane Insurance Policy

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The threat of hurricanes is very real for southern states from Texas to Florida and eastern states from Florida to New Jersey, New York, and even Maine during the six-month long Atlantic hurricane season, which runs from June...more

Lowndes

What Landlords and Tenants Need to Know This Hurricane Season (UPDATED)

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The 2024 Atlantic hurricane season starts this Saturday and runs until November 30. According to the National Oceanic and Atmospheric Administration (NOAA), this season is expected to be busier than usual. The increased...more

Adams and Reese LLP

Before the Storm – Tips on Business Preparation for Hurricane Season

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Hurricane season is upon us once again, and if early forecasts are correct, it looks to be a doozy. The National Oceanographic Atmospheric Administration (NOAA) released their early forecast in May with predictions of eight...more

Ward and Smith, P.A.

The Aftermath: Recovering From a Hurricane - Update

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Hope for the best and prepare for the worst—that's the best advice to protect yourself from hurricanes.  Despite our best efforts, there's no telling what these storms will bring when they blow through town....more

Adams and Reese LLP

Post-Hurricane Idalia Checklist for Individuals and Businesses

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In the aftermath of Hurricane Idalia, individuals and families in Florida, Georgia, and South Carolina may be eligible for federal assistance if they live, own a business, or work in the federally-declared disaster area....more

Hahn Loeser & Parks LLP

Lessons Learned from Hurricane Ian Can Maximize Idalia Insurance Recovery Efforts

The communities of Southwest Florida suffered a catastrophic blow in September of 2022 when Hurricane Ian decimated so much in its path. Now Hurricane Idalia brings yet another set of challenges to Southwest Floridians, who...more

Baker Donelson

Hurricane Ian: An Anticipated Flood and Windstorm of Litigation Over Flood and Windstorm

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In late September of 2022, Florida was again at the center of a historic natural disaster when Hurricane Ian made landfall along the Lee Island Coast as a strong Category 4 storm, leaving behind a wake of devastation....more

Jones Day

Maximizing Insurance Recoveries for Hurricane Ian Losses and the Remainder of the 2022 Hurricane Season

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In Short - The Situation: On September 28, 2022, Hurricane Ian made landfall on Florida and tied for the fifth-strongest hurricane ever to hit the continental United States, with total insured losses estimated in the...more

Adams and Reese LLP

Dealing with Dirt Problems Caused by Hurricane Ian: Debris and Damaged Structures

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In the aftermath of Hurricane Ian, many residents and businesses must exert extraordinary efforts to begin the recovery from the massive damage caused by the storm. Initial efforts must be focused on removal of debris and...more

Carlton Fields

Claims Data Reporting – Hurricane Ian

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Pursuant to Florida Statutes section 624.307, the Florida Office of Insurance Regulation (OIR) has provided notice to required insurance filers to file catastrophe claims data for Hurricane Ian. A list of required filers can...more

Adams and Reese LLP

Business Continuity in a Natural Disaster: First Steps on the Road to Recovery - October 2022

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As we begin to assess the damage from historic Hurricane Ian, Adams and Reese’s Disaster and Recovery Team is here to assist you. The Firm has extensive experience handling a wide range of disasters, including hurricanes Ida,...more

White and Williams LLP

Hurricane Ian: Discussing Wind-Water Disputes

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Most of the Florida homes in the path of Hurricane Ian lack flood insurance, posing a major challenge to rebuilding efforts, new data show. In the counties whose residents were told to evacuate, just 18.5 percent of homes...more

Morgan Lewis

Taking Cover: Leveraging Insurance to Recover from Severe Weather

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For business owners affected by Hurricanes Ian and Fiona and other extreme weather events and their aftermath, it is important, amid immediate concerns of public safety and restoring operations, to take timely steps to...more

Pillsbury Winthrop Shaw Pittman LLP

Hurricane Ian: Insurance Implications

Hurricane Ian struck Florida on September 28. By late afternoon, it was a Category 5 storm with top winds of 155 miles per hour, producing huge storm surges along a wide area of the state’s southwestern coast. Damage is...more

Adams and Reese LLP

Post-Hurricane Ian Checklist for Individuals and Businesses

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In the aftermath of Hurricane Ian, individuals and families in Florida and potentially other states in its path may be eligible for federal assistance if they live, own a business, or work in the federally-declared disaster...more

Woodruff Sawyer

Hurricane Preparedness: What You Need to Know

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In an average year, two hurricanes will make landfall in the continental US, each with wind speeds of 74 miles per hour or worse, and the potential for flooding, power outage, traffic disruptions, and more. The 2022 hurricane...more

Goldberg Segalla

Gov. DeSantis Signs Sweeping Legislation to Alleviate the Pressure from Skyrocketing Insurance Costs in Wake of Hurricane...

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Key Takeaways - Changes to property insurance and reinsurance signed into law on May 26 create the Reinsurance to Assist Policyholders program (RAP), which is backed by $2 billion and seeks to assist insurance companies...more

Ward and Smith, P.A.

A Few Things You Should Know in Case of Windstorm Damage to Your Home or Building

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North Carolinians know when Hurricane season begins and ends; we know what a "spaghetti model" is; and we know who in our neighborhood has a generator!  But do we know enough about windstorm insurance policies and how to...more

Lowenstein Sandler LLP

Insurance Recovery After Severe Weather

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While the 2021 hurricane season is not officially over yet, catastrophic weather events including Hurricanes Ida, Henri and Nicholas have already caused substantial damage, bringing record-breaking rainfall and flooding....more

Morgan Lewis

Five Steps for Leveraging Insurance to Recover from Severe Weather

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Financial losses caused by recent storms, fires, hurricanes, and other natural disasters are a significant and urgent problem. Insurance industry observers predict that such extreme weather may result in losses of over $100...more

Bressler, Amery & Ross, P.C.

Storm Triggers Regulatory Precautions in NJ

As a result of the recent Tropical Storm Ida which has impacted many New Jersey residents, Governor Murphy has issued Executive Order No. 259, declaring a state of emergency. Consistent with the Executive Order, the...more

Lowenstein Sandler LLP

The Calm Before and After the Storm: How to Maximize Insurance Recovery for Catastrophic Weather Events

To the dismay of many corporate policyholders, when Mother Nature strikes, leaving significant property damage and business interruption in her wake, insurers aren’t always willing to save the day. Insurers like to collect...more

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