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Three primary factors are driving the insurance challenge: natural disasters are becoming more common and costly; the price of reinsurance is skyrocketing; and Florida’s litigation-friendly environment compounds the issue by making it easy for customers to sue their insurers.
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The National Hurricane Center will add inland predictions to its forecast of the location and ferocity of tropical storms. The center's so-called cone of uncertainty prediction will now also look at areas where wind and flooding are sometimes more treacherous than damage to the coasts.
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Some housing developers are building homes with an eye toward making them more resilient to such extreme weather, and friendlier to the environment at the same time.
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HR 6080 — introduced by Frost and Clermont Republican Daniel Webster — is called the Fixing Gaps in Hurricane Preparedness Act.
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The study found a worldwide trend. But things are a little different in the Atlantic Basin.
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They're looking for ways to better alert the public on how to act on severe weather alerts after many didn't need evacuation warnings during Hurricane Ian.
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Hurricanes are intensifying faster, reaching further inland and costing billions in damage as the climate warms.
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Forecasters at the Colorado State University Tropical Weather and Climate Research Group say the 2023 season could feature below average storm activity. They also report that the forecast could change over the next few months.
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The study by the Pacific Northwest National Laboratory found warming waters in the eastern Pacific that produce winds that steer hurricanes are likely to shift toward the southeast U.S. and Gulf coasts.
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As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could face worsening problems with reinsurance, a critical part of the system. Overall reinsurance prices are expected to increase by more than 10 percent in 2023, due to disasters such as Hurricane Ian and “increasing frequency and severity of natural catastrophe claims.”
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The United Stated Air Force accomplishes hundreds of flying missions across the world every day. But one flight has a purpose like no other.
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The causeway linking the island to the Florida mainland reopened with temporary repairs just three weeks after it was washed out by the hurricane. The reopening will help recovery work on the island.