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☆ Insurer Travelers profit soars on underwriting strength, investment gains
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +2 min

Travelers reported a nearly three-fold jump in third-quarter profit on Thursday, as higher underwriting gains and investment income more than offset steep catastrophe losses. Travelers' net written premiums rose 8% in the quarter from a year earlier, as all its units grew, the company said. Underwriting gains climbed to $685 million compared with a loss of $136 million a year earlier, while net investment income rose nearly 18%, thanks to strong fixed income returns and growth in fixed maturity investments. The euphoria has also spread to other asset classes, bolstering gains across investment portfolios. Travelers' underlying combined ratio improved to 85.6%, compared with 90.6% a year earlier.

Persons: Hurricane, Debby, Francine, Helene, Milton Organizations: Travelers, United Locations: United States, Florida, Louisiana

He’s lived through many storms in his 30 years on Longboat Key, but Bob Parrish said he’s never before seen the level of destruction that Hurricane Helene blew into town a little more than two weeks ago. It also brought a double whammy of destruction from two major hurricanes to a string of islands and their residents who were still rebuilding from Hurricane Ian in 2022. Honestly, I only cried a little bit after Milton because I cried so much after Helene. Even before Helene and Milton brought the one-two punch, Rodocker was still reeling from Hurricane Debby’s path of destruction in August. “It was like a right, a left and an undercut.”Marco Island, seen here on Sept. 26, was badly flooded by Hurricane Helene.

Persons: He’s, Bob Parrish, he’s, Helene, Milton —, Mary, what’s, “ We’ve, ” Parrish, ”, Angela Rodocker, Anna Maria Island, “, ” David Farrar, everybody’s, Farrar, Milton, ” Rodocker, Maria Island, Rodocker, Marco, Hurricane Helene, Scott Schilke, Bradenton Beach Mayor John Chappie, ” Chappie, Chappie, Mike Norman, Norman, ” Amy Ace Lance, Hurricane Milton, Thomas Simonetti, John Lai, ” Lai, Ian, Rod Nibert, Parrish —, cancer —, Parrish Organizations: NBC, Island Estates, Silver Resorts, AP Residents, Bradenton Beach Mayor, Florida Department of Transportation, Bradenton Beach, Hurricane, Washington, Getty Locations: Lakeland, Sarasota, Hurricane, Island, Clearwater, Bradenton Beach, “, ”, Sanibel, Cape Coral, Charlotte County, Orlando

Floodwaters in the area of Gulfport, Fla., on Thursday, ahead of Hurricane Helene. Helene, a Category 4 hurricane, made landfall near Perry, Fla., some 200 miles north of Tampa. All three storms put wide swaths of the Tampa Bay region underwater, though none more than Helene, which brought storm surge into neighborhoods that had not seen such flooding in decades — or ever. Credit... Nicole Craine for The New York TimesImage Shore Acres, a flood-prone enclave on the edge of Tampa Bay in St. Petersburg. He would soon add another at three feet, to mark the amount of water that had flowed into his shop from Helene.

Persons: Hurricane Helene, Living, Helene, Idalia, Debby, ” Mimi Wills, I’ve, Nicole Craine, ”, Kento Kawakami, Meghan Martin, Hurricane Idalia, Jane Castor of, Ms, Castor, Gina Ryals, The New York Times “ I’m, “, Chris Wilkerson, Michael Childress, Nancy Otto’s, Hurricane, Nancy Cotto, Cotto, Becki Weber, Ian, Anthony Altman Jr, Scott McIntyre, The New York Times “, Mike Cannon, Pete Beach, Michael Morton, Mr, Morton, Chris Grant, Grant, ” Mr, ” Emily Cochrane, Jennifer Reed Organizations: Hurricanes, Hurricane, Fla ., The New York Times, Tampa General Hospital, “, Idalia, The New York, Shore, Fort Myers, ., Vermont Urban, Task Force Locations: Gulfport, Fla, Hurricane, Tampa Bay, Florida, Mexico, Tampa, Perry, South Tampa, Clearwater, Fla . Credit, Asheville, N.C, Florida , Georgia, North Carolina, South Carolina, Virginia, Atlanta, Erwin, Tenn, St . Petersburg, Old Port Tampa, Davis, downtown Tampa, Shore, Jane Castor of Tampa, St, Petersburg, Credit, Pinellas County, Hillsborough County, Fort Myers Beach, Crystal, Helene, Crystal River, Madeira Beach, Vermont, Fort Myers

☆ Tropical Storm Helene: Thousands forced to evacuate in Florida as hurricane warnings issued
▼ + stars: | 2024-09-25 | by ( Taylor Ward | Dalia Faheid | ) edition.cnn.com time to read: +12 min

CNN —Thousands of Florida residents have been forced to evacuate as the state prepares for rapidly strengthening Tropical Storm Helene, which could bring powerful winds, flooding and life-threatening storm surge to areas already hard-hit by recent hurricanes. The Big Bend area faces the most serious storm surge: up to 15 feet of it is possible. Over in Sanibel, one couple who met during Hurricane Ian in 2022 and nearly lost everything are now going to weather Tropical Storm Helene together, CNN affiliate WINK reported. Large clouds move over Havana due to the proximity of the tropical storm Helene, on September 24. Officials in neighboring Pinellas County warned hundreds of homes would likely flood with a higher storm surge than in past destructive storms.

Persons: Helene, Debby, Idalia, Ian Just, ” Howard Rabe, “ We’ve, we’ve, ”, Rabe, Ian, Michele Vikartofsky, Larry Leventhal, ” Vikartofsky, “, it’s, “ Ian, Vikartofsky, WINK, Hurricane Debby, Ron Booher, Hurricane Michael, ” Lynn Marshall, Yamil Lage, Ron DeSantis, DeSantis, Cathie Perkins, Kenneth Welch, ” Welch, Brian Kemp, ” Kemp, James Stallings, Herman, Connell Crooms, Corey Perrine, it’ll, It’s Organizations: CNN, Hurricane, National Hurricane Center, Tampa General Hospital, WFTS, WINK, WFTV, WJHG, Getty Images, Gov, Florida National Guard, Florida State Guard, –, Georgia Gov, Georgia Emergency Management, Homeland Security, Woerner, Florida Times, USA, Florida, National Weather Service, Carolinas, Weather, Florida Panhandle Locations: Florida, Bend, United States, Gulf of Mexico, Tampa, Florida’s Gulf, Anclote, Mexico Beach, Cabo Catoche, Citrus, Hillsborough, Charlotte, Gulf , Manatee, Pinellas, Taylor County, Tallahassee, Franklin, Wakulla, Port Richey, Sanibel, Manatee County, Gulf County, Havana, AFP, Getty Images Florida, Georgia, Pinellas County, Idalia, St . Petersburg , Florida, Hillsborough , Pinellas, Sarasota, Jacksonville , Florida, Tampa Bay, Florida , Georgia, Alabama, Tennessee, Carolinas, Virginia, Gulf, Helene

☆ The Gulf of Mexico is blazing hot, but hurricane season is ominously quiet
▼ + stars: | 2024-08-23 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

The Summary Despite high ocean temperatures, hurricane season has hit a lull. The Gulf of Mexico is blazing hot, but hurricane season — temporarily, at least — has hit a lull, a surprise to researchers who see plenty of ingredients brewing in the Atlantic but no storms on the radar. Hurricane season begins June 1 and ends Nov. 30. Hurricane scientists predicted a record hurricane season this year, and it got off to a record-setting start when Hurricane Beryl became the first Category 4 storm to form in the Atlantic Ocean in June. The unofficial peak of hurricane season is Sept. 10.

Persons: —, “, ”, Philip Klotzbach, ” Klotzbach, Hurricane Beryl, it’s, Steve Bowen, Gallagher, unquote, ” Bowen, “ We’ve, we’re Organizations: National Hurricane Center, Colorado State University, University of Miami, University of Maine’s, Gallagher Re Locations: Gulf, Mexico, University of Miami ., Gulf of Mexico, West Africa

☆ Storm tracker: Follow Ernesto's path
▼ + stars: | 2024-08-13 | by ( Nbc News | ) www.nbcnews.com time to read: +1 min

Tropical Storm Ernesto, which formed Monday as the fifth named storm of the Atlantic hurricane season, is swirling toward the Caribbean and Puerto Rico. The Atlantic front quickly developed into a tropical storm over the course of the day, as parts of the East Coast are still reeling from the havoc of Hurricane Debby. Ernesto is forecast to strengthen over the next few days and could reach hurricane strength by Thursday. The National Oceanographic and Atmospheric Administration has predicted a 90% chance of an above-normal number of storms by the time the hurricane season concludes in November. Part of the reason for that above-normal activity includes near-record warm ocean temperatures in the Atlantic.

Persons: Ernesto, Hurricane Debby Organizations: Atlantic, National Hurricane Center, U.S . Virgin, British Virgin Islands, Tuesday, National Oceanographic, Atmospheric Administration Locations: Caribbean, Puerto Rico, East, Hurricane, Leeward, U.S, U.S . Virgin Islands, British Virgin, Atlantic

☆ Debby’s aftermath leaves thousands in the dark; threatens more flooding in the Carolinas
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +5 min

With the ground already saturated from Debby, the National Weather Service said localized downpours could result in additional flash flooding throughout the coastal Carolinas. “Right now, it’s thundering, sprinkling and pretty dark so I’d say it’s going to start raining hard here pretty soon,” she said. Even in drier areas, more than 35,000 homes and businesses in Ohio, New York, Pennsylvania and Vermont still had no electricity as of Sunday afternoon, according to the tracking website PowerOutage.us. Debby’s last day and night over the U.S. inundated parts of New York, Pennsylvania and New England with rain and flash flooding on Friday, prompting evacuations and rescues. Officials announced plans to distribute water bottles and clean-up kits to residents impacted by flash flooding on Sunday and Monday.

Persons: Debby, Chastity Bettis, “, ”, Debby’s, Craig Ruttle, Stacey Urban, ” Urban, hasn’t, “ It’s, …, Marc Rice, Clint Owlett, “ That’s Organizations: PHILADELPHIA, U.S, Florida, National Weather Service, Carolinas, Authorities, Tropical, Post High School, Volunteers, National Hurricane Center, Atlantic, Officials Locations: North Carolina, New York , Ohio, Pennsylvania, East, Canada, Lumberton, N.C, New Bern , North Carolina, South Carolina, Charleston, Charleston County, Chatham County, Ohio , New York , Pennsylvania, Vermont, Ohio, U.S, New York , Pennsylvania, New England, Canistea , New York, Canisteo , New York, New York’s Steuben County, Tioga County

☆ Atlantic front forming into tropical storm headed toward U.S. Virgin Islands
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

The potential cyclone was gaining strength rapidly enough that the center said it would most likely be a named tropical storm by the end of Monday. If so, the name Ernesto is in line for the next Atlantic storm. So far, the National Hurricane Center has not said the front was headed for hurricane status. It would be the fifth named storm of the Atlantic hurricane season so far, as indicated by its temporary name. It says near-record warmth in the tropical Atlantic is providing ample fuel for storm development.

Persons: Hurricane Debby, Ernesto, Martin, Sint Organizations: U.S ., Hurricane, National Hurricane Center, Atlantic, British, Puerto Rico, National Oceanographic, . Colorado State Locations: East, Hurricane, Antigua, U.S . Virgin Islands, Guadeloupe, St, Kitts, Nevis, Montserrat, Barbuda, Anguilla, Saba, Eustatius, Sint Maarten, Leeward Islands, U.S, Puerto, Caribbean

☆ Hurricane Cleanup Effort Reaps ‘Treasure’: A 1945 Letter in a Bottle
▼ + stars: | 2024-08-12 | by ( Jesus Jiménez | ) www.nytimes.com time to read: 1 min

A letter written in 1945 from a naval base in Virginia wound up in a glass bottle more than 800 miles away in Florida, where it was found last week — nearly eight decades later — after Hurricane Debby swept a swath of the state. The letter was addressed to someone named Lee from someone named Chris. But it was Suzanne Flament-Smith, 46, of Tampa, Fla., who found it on Wednesday. By then, the storm had passed Florida, leaving a trail of debris in its path. “There was so much trash,” she said, “water bottles, sunscreen bottles, Crocs, a lot of random articles, too.”

Persons: —, Debby, Lee, Chris, Suzanne Flament, Smith, Flament, ” Locations: Virginia, Florida, Tampa, Fla, Safety Harbor

☆ Flood insurance likely doesn't cover storm damage in your basement
▼ + stars: | 2024-08-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Homeowners and renters insurance policies do not cover flood damage, however. Most people who have flood insurance get it through the federal government, via FEMA's National Flood Insurance Program, experts said. On average, about 30% of U.S. homes in the highest-risk areas for flooding have flood insurance, according to the University of Pennsylvania's Wharton Risk Center. Private insurers also offer flood policies and may offer higher coverage than FEMA's policies, according to the Insurance Information Institute. What basement items are covered by flood insurance?

Persons: Debby, Joe Raedle, Storm Debby, Miguel J, Rodríguez Carrillo, Johnson, Jessica Rinaldi, Kochenburger, Anna Moneymaker, NFIP, Don Griffin, Peter Kochenburger Organizations: Getty, Federal Emergency Management Agency, Homeowners, Flood Insurance, FEMA, University of Pennsylvania's Wharton Risk, Insurance, Boston Globe, Consumers, Lincoln, Washington DC, American, Casualty Insurance Association, CNBC, Southern University Law, Census Locations: Cedar Key , Florida, Charleston , South Carolina, U.S, Vermont, Washington ,, Washington, freezers

Chatham County employees dump a truck load of sand for residents to use in sandbag as they prepare for Hurricane Debby, in Savannah, Georgia on August 5. Stephen B. Morton/APHurricane survivors returning to damaged houses face a torrent of challenges – if they’re lucky enough to have a home at all. Residents should “return home only when local officials say it is safe to do so,” the Federal Emergency Management Agency says. Once you get there, “Walk carefully around the outside of your home to check for loose power lines, gas leaks, and structural damage,” the National Weather Service says. Read more about how to recover from a hurricane or tropical storm.

Persons: Debby, Stephen B, Morton, –, Read Organizations: Chatham, AP Hurricane, Federal Emergency Management Agency, National Weather Service, CDC Locations: sandbag, Savannah , Georgia

The trip highlights the generational gap between Harris and President Joe Biden and former President Donald Trump, Democratic allies said. Noah Lyles wins gold in epic photo finishDimitar Dilkoff / AFP - Getty ImagesLyles earned his first gold medal in 9.79 seconds, which was a personal best. Lyles was still unconvinced he had won the gold medal after finishing and the scoreboard offered no indication of who had won gold, silver or bronze as officials processed a photo finish. Track and field holds four medal events and surfing will finally have its medal day. ▶️ Watch top highlightsDebby makes landfall in Florida as a Category 1 hurricaneHurricane Debby has made landfall in Florida’s Big Bend as a Category 1 hurricane.

Persons: Kamala Harris, Hurricane, Noah Lyles, Harris, John Bazemore, Harris ’, Andy Beshear, Pete Buttigieg, Sen, Mark Kelly of, JB Pritzker, Josh Shapiro, Tim Walz, Joe Biden, Donald Trump, Biden, Trump, “, Nikki Haley, Dimitar Dilkoff, Lyles, Jamaica’s Kishane Thompson, Fred Kerley, Thompson, ” Lyles, Kerley, Peacock, Read, ste, Caro, Ron, Flor, rais e d fear, ron e, Rob e, Ari z, ena, go to a, ake is b, ✦, lea, ree Organizations: Kentucky, Mark Kelly of Arizona ,, Mark Kelly of Arizona , Illinois Gov, Minnesota Gov, Democratic, Trump, Republicans, Getty, Olympic, ust, NBC, POLI Locations: Florida, Mark Kelly of Arizona, Mark Kelly of Arizona , Illinois, Pennsylvania, Philadelphia, AFP, bou, spee, sto

The Shore Acres neighborhood begins to flood from high tide in the Tampa Bay while Tropical Storm Debby approaches the gulf coast, in St. Petersburg, Florida, U.S., on August 4. Octavio Jones/ReutersHigh-water rescues were underway Sunday night in Pinellas County, Florida, as incoming Hurricane Debby whipped up heavy rains, storm surge and dangerous flooding, emergency officials said. Emergency crews in the county, which includes the cities of Clearwater and St. Petersburg, were fielding very high volumes of 911 calls Sunday night. Between 5 to 10 inches of rain have fallen in the area and as many as four more inches are possible. The Sunshine Skyway Bridge — a key transportation artery in Lower Tampa Bay — has been closed “due to high winds and inclement weather,” the Florida Highway Patrol announced.

Persons: Octavio Jones, Debby Organizations: Tropical, Reuters, Emergency, National Weather Service, Sunshine Skyway, Patrol, The Clearwater Police Department Locations: Tampa, St . Petersburg , Florida, U.S, Pinellas County , Florida, Clearwater, St, Petersburg, Pinellas, Manatee, Sarasota, Hernando, Hillsborough, Lower Tampa, Florida

On Today’s Episode:Harris Faces Party Divisions as She Chooses a Running Mate, by Reid J. Epstein, Theodore Schleifer and Nick CorasanitiMarkets Around the World Are Jolted by Fears of Slowing U.S. Growth, by Daisuke Wakabayashi and River Akira DavisHurricane Debby to Strike Florida’s Big Bend Region, by Isabelle TaftBangladesh’s Prime Minister Seeks to Leave Country Amid Protests, Officials Say, by Mujib Mashal and Saif Hasnat

Persons: Reid J, Epstein, Theodore Schleifer, Nick Corasaniti, Daisuke Wakabayashi, Akira Davis, Debby, Isabelle Taft Bangladesh’s, Mujib Mashal, Saif Hasnat Organizations: Harris Locations: Bend

Tracking Hurricane Debby Leer en españolDebby was a Category 1 hurricane in the Gulf of Mexico late Sunday Eastern time, the National Hurricane Center said in its latest advisory. The hurricane had sustained wind speeds of 75 miles per hour. Debby is the fourth named storm to form in the Atlantic in 2024. In late May, the National Oceanic and Atmospheric Administration predicted that there would be 17 to 25 named storms this year, an above-normal amount. Without El Niño this year, clouds are more likely to tower to the tall heights needed to sustain a powerful cyclone.

Persons: Leer, Debby Organizations: Sunday, National Hurricane Center, Fort Myers, Fort Myers Cedar Key, United States, National Oceanic, Atmospheric Administration, Hurricanes Locations: Gulf of Mexico, Fort Myers Cedar, Fort Myers Cedar Key Tampa, United States

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