Tag: 2025 atlantic hurricane season
Florida, East Coast to See Big Insured Losses from More Cat 5 Storms, Researchers Say
The just-ended 2025 Atlantic hurricane season surprised some forecasters after...
Does Quiet Hurricane Season Mean Lack of Experience for Adjusters?
A lack of bad weather isn’t always a good thing.
It...
Five Reasons Why the US Escaped a Hurricane Landfall So Far This Year
A weather forecasting organization is offering up five reasons why...
Hurricane Melissa Shows How Quickly Climate Change Is Outstripping Defenses
Jamaica has invested tens of millions of dollars in bolstering...
Catastrophe Bonds Absorb ‘Black Swan’ Event Dealt by Melissa
A rare thing is about to happen in the $55...
Jamaica Catastrophe Bond Headed for Full Payout After Hurricane, World Bank Says
Investors in Jamaica’s catastrophe bond now face a 100% payout...
Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa
The Caribbean parametric insurer, CCRIF SPC, announced it will make...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion
Catastrophe modeler KCC estimated that privately insured losses from Hurricane...
Here’s How Much Hurricane Melissa Was Worsened by Climate Change
Hurricane Melissa became the most powerful storm on record to...
Jamaica to Get Record $70.8M Parametric Payout From CCRIF for Hurricane Melissa
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will...
Insured losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates
Insured losses from Hurricane Melissa’s strike on Jamaica are expected...
Jamaica Catastrophe Bond Has Now Triggered, Government Says
Jamaica’s catastrophe bond has now triggered as a result of...