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Prestige Insurance Group, Inc. Blog: hurricanes

View the latest blog posts from Prestige Insurance Group, Inc..

It goes without saying that June 1st has a special meaning to Floridians: the start of the Atlantic Hurricane Season. Last fall, Florida's 10-year hurricane-free streak was broken as Hurricane Hermine made landfall near the coast of St. Marks. READ MORE >>

A hurricane is a type of tropical cyclone, which is a generic term for a low pressure system that generally forms in the tropics. The cyclone is accompanied by thunderstorms and, in the Northern Hemisphere, a counterclockwise circulation of winds near the Earth's surface. READ MORE >>

TALLAHASSEE — Florida's continued lucky streak when it comes to dodging hurricane is helping a key state fund reach its best financial shape ever in the two decades it has been in place. The state-created fund known as the Florida Hurricane Catastrophe Fund should have $17. READ MORE >>

ORLANDO — This is the season when weather forecasters and emergency managers tell Floridians, over and over, that they're at risk from tropical storms. The problem is making them take the warnings seriously and do things that will reduce the impact hurricanes can have on their lives and property. READ MORE >>

Hurricane season is upon us in Florida. While the past several years have been mostly free of tropical activity in the Sunshine State, it's crucial to be ready for when the next big storm hits. Here are some tips to help keep you prepared. Make sure you're protected against Mother Nature's fury. READ MORE >>

TALLAHASSEE, FL - Experts say forty percent of hurricane property damage comes from storm surge. That's one of the issues the Florida Commission on Hurricane Loss Projection Methodology has to consider when looking at hurricane models. Hurricane models are computer models that look at property loss. READ MORE >>

TALLAHASSEE — For a ninth consecutive year, the Sunshine State went through the six-month Atlantic storm season hurricane-free. Eight named storms were recorded in 2014, six reached hurricane strength, and none visited Florida. Quiet is always good. Still, Florida's luck won't last. READ MORE >>

NEW YORK – A federal judge ripped a potentially "widespread" and "highly improper" practice where engineering reports — the backbone for flood insurance claims — fundamentally were changed without basis and with serious financial harm to homeowners in the wake of superstorm Sandy. READ MORE >>

TALLAHASSEE — A hurricane hasn't made landfall in Florida in nearly nine years, but that hasn't kept property-insurance rates from increasing or becoming a bigger concern for homeowners. As he seeks re-election, Republican Gov. Rick Scott has maintained a free market approach to the industry. READ MORE >>

ORLANDO Fla. (Reuters) - As Florida seeks to revive its private home insurance market after almost a decade without a hurricane, homeowners are pouring $6 billion a year in premiums into a new generation of small, in-state insurance companies with an unproven record of withstanding a major hurricane. READ MORE >>

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