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☆ Storms in California hit homeowners already facing an insurance crisis
▼ + stars: | 2024-02-06 | by ( Anna Bahney | ) edition.cnn.com time to read: +6 min

Washington, DC CNN —The storms pummeling California this week hit a part of the US already being battered by a home insurance crisis. With insurers strained by climate change and inflation, many are demanding higher premiums, making it much harder to find affordable (or any) home and fire insurance. But it is not just California; homeowners in other areas prone to weather events like Florida, Louisiana, and Texas are also facing challenges. Meanwhile, in hurricane-battered Florida, Farmers Insurance deemed it too risky to continue insuring homes and pulled out of that market entirely. “This isn’t just climate change, it is climate-change-plus,” Bach said.

Persons: ”, Amy Bach, United, Michael Monaghan, Sellers, you’ve, Jennifer Branchini, Bach, Hurricane Andrew, ” Bach, mitigations Organizations: DC CNN, Allstate, Farmers Insurance, Coldwell, California Association of Realtors, National Oceanic, Atmospheric Administration, Hurricane, FAIR, California Department of Insurance Locations: Washington, California, Florida , Louisiana, Texas, San Francisco, California’s, Golden State, Florida, Vermont, Colorado, Pleasanton, United, “ Florida, Louisiana

☆ Homeowner insurance and climate have become major factors in real estate
▼ + stars: | 2023-11-07 | by ( Anna Bahney | ) edition.cnn.com time to read: +8 min

Farmers Insurance deemed it too risky to continue insuring homes in Florida and pulled out of the market there entirely. The average cost for homeowners’ insurance in the United States is about $1,820, according to an analysis by NerdWallet, but there are many variables. As climate risks continue, a standoff has developed over who should pay the cost of insuring homes against ever-growing risks. And for many of the properties that are on the market you can’t obtain insurance? “We’ll have to see some creative solutions in the near term to create that competitive marketplace for insurance,” she said.

Persons: Michael Monaghan, Sellers, “, ’ ” Monaghan, ”, Monaghan, Will, Amy Bach, United, Hurricane Andrew, ” Bach, mitigations, Bach, Jennifer Branchini, Branchini Organizations: DC CNN, Coldwell, Allstate, . Farmers Insurance, National Oceanic, Atmospheric Administration, NOAA, Hurricane, FAIR, California Department of Insurance, California Association of Realtors, State Farm, Farm, “ Locations: Washington, California, Bayside, ”, Florida, Monaghan, United States, “, San Francisco, “ Florida, Louisiana, WUI, Pleasanton

☆ Opinion | If Hurricane Rebuilding Is Only Affordable for the Wealthy, This Is the Florida You Get
▼ + stars: | 2023-09-27 | by ( Sarah Stodola | ) www.nytimes.com time to read: +3 min

Just down the island’s main road, the Red Coconut R.V. For most homes in Fort Myers Beach, this means that rebuilding what was there before Ian isn’t an option. For a hotel development like Margaritaville, the building codes helped it weather Ian with damage from which it could recover. That means existing property owners like those of the Silver Sands, Red Coconut and countless private homes end up cutting their losses and selling. They’re also banking on the infinite desirability of the beachfront, as are the state authorities responsible for the building codes that allow redevelopment after hurricanes and floods.

Persons: Hurricane Andrew, Ian isn’t Organizations: Seagate Development Group Locations: Southwest Florida, Fort Myers, Sands, Florida, Banks, North Carolina, New York City

☆ What happens to sharks, dolphins, alligators, and other marine life during a hurricane? Experts explain why the storm's aftermath is often more deadly
▼ + stars: | 2023-09-04 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

Hurricanes affect marine life differently, depending on whether they can move or are stationary. After a hurricane, increased levels of freshwater, bacteria, and debris can also harm marine life. A vast array of marine life lives along the Florida peninsula, the US state where hurricanes make landfall most often. What happens to marine life during a hurricane? For example, alligators on Sanibel Island, which Hurricane Ian hit hard, were affected by the saltier ocean water the storm brought on land.

Persons: Melissa May, Rita, Andrew, Valerie Paul, Hurricane Ian, Ian, Paul, Chris Lechowicz, Rivers, Marco Bello Organizations: Service, Florida Gulf Coast University ., National Oceanic, Atmospheric Administration, NOAA, Reuters Hurricanes, Geological Survey, Hurricanes, Smithsonian Marine, Healing, Reuters, NASA Locations: Wall, Silicon, Florida, Gulf of Mexico, Caribbean, Louisiana, Brevard, Estero Bay

☆ How does Storm Idalia compare to the most powerful hurricanes in US history?
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +4 min

Here is a list of some of the most powerful hurricanes to hit the mainland U.S. based on minimum atmospheric pressure, which scientists use to rate storm intensity. A lower pressure, measured in millibars, or mb, means a more powerful storm. UNNAMED FLORIDA KEYS HURRICANE, LABOR DAY 1935 (892 MB)The hurricane struck the Florida Keys as a Category 5 storm, the highest ranking on the five-step Saffir-Simpson scale. After ravaging the Keys, the storm moved north off the western coast of Florida before turning inland. Ian almost hit as a Category 5 storm, with the wind speed falling just short of the threshold of 157 mph (252 km).

Persons: Ian, Marco Bello, Idalia, Florida . HURRICANE CAMILLE, Camille, MICHAEL, Michael, HURRICANE KATRINA, HURRICANE ANDREW, Andrew, HURRICANE IAN, Hurricane Ian, Rich McKay, Marguerita Choy Organizations: REUTERS, National Hurricane Center, Florida Panhandle, U.S, HURRICANE, Texas Gulf, Hurricane, Thomson Locations: Fort Myers Beach , Florida, U.S, Florida, Florida , Georgia, Carolinas, FLORIDA, Florida . HURRICANE, Mississippi's Gulf, Central America, HURRICANE, New Orleans, South Miami, Dade County, TEXAS GULF, Texas, Texas Gulf Coast, Indianola, Galveston, Atlanta

“If you were to throw gasoline on a fire that’s already burning, that fire would grow really rapidly, really quickly. “Being hurricane season prepared also means being compassionate and kind to yourself during times of hardship,” NOLA Ready, the city’s emergency preparedness campaign, advised in a post on Instagram. Ms. Sibley, an administrative assistant and Ms. Ozane’s sister, has tried to save money to help with riding out hurricanes only for other demands to interfere with that. “What am I going to do if a hurricane really comes?” she said. “I pray we don’t have a bad one this year,” Ms. Sibley said.

Persons: El Niño, ”, Roishetta Sibley Ozane, Phil Klotzbach, “ There’s, Hurricane Ida, Emily Kask, The New York Times El, El, Eric Blake, Andrew, Craig E, Blake, Michael, Laura, Ian, Clay Tucker, NOLA Ready, Hurricane Laura, Ozane, “ They’re, Lake Charles, Ms, Meoshia Sibley, Sibley, Ozane’s, ” Ms, “ Organizations: Biscayne, El, Colorado State University, ”, National Oceanic, Atmospheric Administration, Atlantic, The New York Times, National Hurricane Center, Experts, Louisiana State University, University of Southern, Delta, of Louisiana Locations: Biscayne Beach, Florida, Westlake, La, Hurricane, Galliano, United States, University of Southern Mississippi, New Orleans, Lake Charles, Louisiana

☆ I grew up in Orlando, Florida, but never experienced summers as hot as this. That's why I bought a second home in North Carolina, and might move there for good.
▼ + stars: | 2023-08-16 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Mary Cannon, a Florida native, purchased a second home in Hayesville, North Carolina, in 2021. Cannon said she's part of a wave of Floridians who have purchased homes in North Carolina. In November 2021, my husband and I purchased a second home in Hayesville, North Carolina. The weather is nicer in North Carolina and my son thrives hereMy husband and I chose to purchase a second home in North Carolina because of the state's beauty and its hospitable climate. There have been droves of Floridians moving to North Carolina, and the locals don't particularly like that.

Persons: Mary Cannon, Cannon, I'm, Cannon's, we've, Hayesville Organizations: Service, Disney, we're Locations: Florida, Hayesville , North Carolina, North Carolina, Wall, Silicon, Charlotte, Manhattan, Hayesville, Miami, Orlando, they're, Hayesville's

☆ FEMA Outlines Maui Wildfire Support as Victims Critique Government Response
▼ + stars: | 2023-08-14 | by ( Eileen Sullivan | More About Eileen Sullivan | ) www.nytimes.com time to read: +1 min

“We understand that connectivity is still scarce in some areas,” Deanne Criswell, the FEMA administrator and one of about 300 agency employees on the ground in Hawaii, told reporters on Monday. There are questions about whether wildfire warnings were loud enough and early enough and whether government officials were adequately prepared to deal with the fires. FEMA is typically the first agency to face intense scrutiny after disasters. It is most often associated with its role responding to hurricanes, particularly because of its history of bungled reactions to previous disasters. While the federal agency plays a critical role in disaster response, it is not meant to be the first on the scene.

Persons: Deanne Criswell, Andrew, Hurricane, Hurricane Maria Organizations: FEMA, Hurricane, Defense Department Locations: Hawaii, Lahaina, Florida, Orleans, Puerto Rico

☆ I quit my real estate job in Indiana and moved to Florida to hunt pythons. Here's what my typical day looks like now.
▼ + stars: | 2023-07-23 | by ( Crystal Raypole | ) www.businessinsider.com time to read: +6 min

Amy Siewe participated in the 2019 Florida Python Challenge and it inspired her to change her life. After my first python hunt in Florida in 2019, I knew I'd found my calling. Why I hunt pythonsMy fascination with snakes started when I was very young. People don't always understand why I hunt pythons when I love snakes. I'm all signed up and ready for the annual Florida Python Challenge, too.

Persons: Amy Siewe, I'd, I'm, Hurricane Andrew, they'll, It's, who've, I've, there's Organizations: Service, Hurricane, . People, American Veterinary Association Locations: Florida, Indiana, Wall, Silicon, Naples , Florida, Southeast Asia

☆ Omaha man sails into Florida’s imperfect storm
▼ + stars: | 2023-05-09 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

This imperfect storm suits the Berkshire Hathaway (BRKa.N) CEO’s investing style. Underwriters in the state have been feverishly trying to offload risk following last year’s Category 5 hurricane that was Florida’s deadliest in nearly 90 years. The upside is several billion dollars, Jain said, if Mother Nature turns out to be more forgiving. “If the big hurricane happens in Florida, we could lose – across all the units, we could lose as much as $15 billion. And if there isn’t a loss, we’ll make several billion dollars as profit,” Jain said during Berkshire Hathaway’s annual shareholder meeting in Omaha.

☆ Opinion: Happiness is a trap. Here’s what to pursue instead
▼ + stars: | 2023-05-09 | by ( Opinion Monica C. Parker | ) edition.cnn.com time to read: +10 min

Monica C. Parker Elena RossiniBetween chief happiness officers, the Happy Planet Index, Gross National Happiness, and the World Happiness Report (Finland scored the highest again this year), it seems as though happiness has some good PR. This one is: What if we’re so fixated on happiness that we’ve failed to question whether happiness is what we should be pursuing? We resist negative emotions such as sadness or fear at our peril. Even better than embracing your negative emotions is embracing both positive and negative emotions at the same time. Wonder makes us less stressed and feel like we have more time.

Turkey Point sits on porous rock and underneath it is the Biscayne Aquifer – a primary source of drinking water. Nuclear plants have up to 60 years after they shut down to dispose of their nuclear waste. “FPL and the NRC regularly evaluate nuclear power plant operating conditions and physical infrastructure to ensure ongoing safe operations,” the company said. Electrical cables from Turkey Point Nuclear Power plant that power 1 million homes in South Florida. Alfonso Duran for NBC NewsNew homes under constructed near Turkey Point nuclear power plant in Miami in September.

☆ Factbox: The worst hurricanes in Florida's history as Ian takes aim
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +3 min

As Florida braces for Hurricane Ian, here are the five of the most deadly and destructive hurricanes to hit the state in recent years, listed in chronological order. While Hurricane Katrina in 2005 traveled across the southern tip of Florida, most of the deaths and destruction it caused were in New Orleans. Register now for FREE unlimited access to Reuters.com RegisterExcluding Katrina, Hurricane Irma was the costliest in Florida history, with total U.S. damage from the storm estimated at $50 billion. Andrew ranked as the most expensive storm in U.S. history until Hurricane Katrina raged through New Orleans in 2005. It left 6.5 million customers without power in the state and caused an estimated $50 billion in property damage, making it one of the costliest hurricanes in U.S. history.

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