hurricane Tag

14 Oct 2021 Hasn’t Broken Record for Most Billion-Dollar Climate Disasters (Yet?)

Posted at 20:18h in 2021, Commercial Insurance, Flood Insurance, hurricane season, Personal Insurance

By Anita Byer, Setnor Byer Insurance & Risk Did you know that the U.S. experienced 308 billion-dollar weather and climate disaster events since 1980? According to the National Oceanic and Atmospheric Administration, the total cost of these events exceeds $2 trillion. Since 1980, the U.S. averaged...

03 May How Will the NFIP’s New Pricing Model Affect Your Flood Insurance Premiums?

Posted at 19:27h in Commercial Insurance, Flood Insurance, Personal Insurance, Risk Management

Are you ready for Risk Rating 2.0? The National Flood Insurance Program (NFIP) is rolling out the first major update to its rating and pricing methodology in 50 years. This is a big deal because the NFIP provides about $1.3 trillion of flood insurance coverage...

28 May Hurricane Season 2020 Has Not Been Postponed Due to COVID-19

Posted at 18:52h in Commercial Insurance, Safety

The 2020 Atlantic Hurricane Season officially begins June 1st, but this year is different. Coronavirus disease 2019 (COVID-19) has affected virtually every aspect of our daily lives. The Federal Emergency Management Agency cautions that social distancing and other CDC preventative measures to protect against COVID-19...

04 Sep Staying Prepared During the Peak of Hurricane Season

Posted at 15:29h in Commercial Insurance, Personal Insurance, Risk Management, Safety

The Atlantic Hurricane Season officially begins June 1st, but the unofficial peak of hurricane season doesn’t begin until August. According to the National Oceanic and Atmospheric Administration, tropical activity spikes from mid-August through mid-October. In other words, the unofficial peak of the 2019 hurricane season is officially underway. Before hurricane season began,...

20 Jun Are You Prepared for Hurricane Season (2018th ed.)? It Only Takes One!

Posted at 13:16h in Personal Insurance, Risk Management, Safety

And…. we’re off! Everyone knows that the 2018 Atlantic Hurricane Season officially began on June 1st. Well, everyone but Alberto, the subtropical storm that became the first named storm of the season on May 25th. Nevertheless, this is the time of year when we remind...

31 May Isn’t It Time for Your Annual Homeowners’ Insurance Check Up?

Posted at 12:49h in Personal Insurance, Risk Management, Safety

How long has it been since you reviewed your homeowners’ insurance coverage? For most of us, it’s been too long. We just keep renewing the same policy we purchased years ago. After all, if it was good enough then it should be good enough now,...

16 Mar May I Install Hurricane Shutters? A Loaded Question for Condominium Association Boards

Posted at 19:29h in Condominium Governance, Risk Management, Safety

In the State of Florida, what right does a condominium board have to prohibit a unit owner from installing hurricane shutters? Florida Condo Training Get convenient and affordable online training for condominium association leaders. When determining a condominium board's right to limit or otherwise restrict a unit owner...

14 Mar 8 Ways to Protect Your Home from Flooding

Posted at 18:09h in Personal Insurance, Risk Management, Safety

Flooding has become a serious threat to both coastal and inland areas, especially in Florida. Learn 8 important ways to protect your home for flooding.

09 Jan Insurance Premiums — 2018: Following one of the Costliest Catastrophic Years

Posted at 17:37h in Commercial Insurance, Personal Insurance

While it is yet too early to know the ultimate cost to the United States property/casualty insurance sector for 2017’s catastrophic losses, experts are in agreement that the storm, fire and flood events could cost US insurers as much as 100 Billion – making 2017...

18 Oct Lessons from Hurricane Irma

Posted at 16:58h in Commercial Insurance, Personal Insurance, Risk Management, Safety

Hurricane Irma was an unprecedented storm that affected literally everyone in Florida. Most of us were either expecting or experiencing a direct hit. All of us were given at least a glancing blow. Even though the mess remains and recovery efforts are ongoing, it’s not...