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☆ I moved to Panama from the US. I live on a remote island for $1,000 a month and have never been happier.
▼ + stars: | 2024-11-13 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Lisa Kauffman was over Florida's hurricanes and the faster pace of life in the US. AdvertisementThis as-told-to essay is based on a conversation with Lisa Kauffman, a 55-year-old teacher with a background in biology and special education. In 2023, I purchased a one-way ticket to Panama, planning to live on the private island I had previously visited in 2022. I live off the grid, and my day-to-day expenses are lowThe island I live on is remote. Courtesy of Lisa KauffmanI live on about $1,000 a month.

Persons: Lisa Kauffman, Kauffman, —, I've, I'd, Ian, I'm, Minnie Organizations: Service, Kauffman Locations: Panamanian, Panama, Caribbean, Bocas del Toro, Panama City, Florida, Fort Myers, Costa Rica, Hawaii, Thailand, New York

☆ FEMA fires employee who told Florida relief workers to skip Trump supporters
▼ + stars: | 2024-11-09 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell stands next to a track map of Hurricane Ian, during a press conference at FEMA Headquarters on September 28, 2022 in Washington, DC. The Federal Emergency Management Agency on Saturday confirmed that it fired an employee who had instructed relief workers in Florida to not go to homes with yard signs in support of then presidential candidate Donald Trump. "This is a clear violation of FEMA's core values and principles to help people regardless of their political affiliation," FEMA Administrator Deanne Criswell wrote in a statement. Ron DeSantis on Friday blasted the Biden administration for the incident and said he had ordered the Division of Emergency Management to investigate the "targeted discrimination of Floridians who support Donald Trump." At the time of the hurricane damage, Criswell slammed Trump for spreading misinformation about the status of FEMA's disaster relief funding

Persons: Deanne Criswell, Hurricane Ian, Donald Trump, Criswell, Ron DeSantis, Biden, Harris, DeSantis, Kamala Harris, Hurricane Milton Organizations: Emergency Management Agency, FEMA, FEMA Headquarters, Federal Emergency Management Agency, Trump, Florida's Republican Gov, Division, Emergency Management, Biden Locations: Hurricane, Washington ,, Florida, Coast

Sales of single-family homes were down 12% in September compared with the same time in the previous year. But interest rates, rising home prices and skyrocketing insurance costs likely played bigger roles than the recent hurricanes. “Florida recovers much faster than you think,” said Brad O’Connor, chief economist for Florida Realtors. Because of stricter building codes implemented in the years after Hurricane Andrew devastated South Florida in 1992, newer homes withstand hurricanes better than older ones, O’Connor said. The number of households dropped from about 340,000 to about 326,000, according to the U.S. Census Bureau.

Persons: ”, Brad O’Connor, Hurricane Andrew, O’Connor, ‘, Hurricane Ian Organizations: Florida Realtors, . Census, Van Lines, Associated Press Locations: Florida, South Florida, Lee County, Fort Myers, United States

☆ Hurricane season isn't over. Experts predict a final surge of storms and maybe even a December cyclone.
▼ + stars: | 2024-10-29 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Hurricane season may end with a November surge of storms starting next week, AccuWeather forecasts. Chance of a December cycloneIt's already been a nasty hurricane season, with storms so far causing more than 300 deaths and nearly $500 billion of losses in the US, according to AccuWeather. Hurricane season ends on November 30, but DaSilva said there may be a rare December cyclone this year. However, the NHC said in August that this Atlantic hurricane season would likely produce 17 to 24 named storms total. AdvertisementThis could lead to a tropical storm or even a hurricane in the first few days of November," DaSilva said.

Persons: —, Hurricane Milton, Alex DaSilva, Chance, DaSilva, Hurricane, Sean Rayford, Bernie Rayno, Milton, Nicole, Hurricane Ian, Kate Organizations: Hurricanes, Service, Associated, National Hurricane Center, Business, NHC, Florida, Yankee Locations: Florida, Carolinas, Milton, Hurricane, Gulf Coast — Alabama, Mississippi , Louisiana, Texas, AccuWeather ., Bat Cave , North Carolina, Caribbean, Sarasota , Florida, Cuba

☆ Cuba fights to come back from a nationwide blackout, then a storm that killed six
▼ + stars: | 2024-10-22 | by ( ) www.cnbc.com time to read: +3 min

"The country has completely halted," said homemaker Mayde Quiñones, 55, who cares for her mother-in-law, who is in her 80s. The prolonged nationwide blackout that followed a massive outage Thursday night was part of countrywide energy problems that led to the largest protests in Cuba in almost 30 years, in July 2021. The Cuban government on state television Monday night said that it's producing 1300 megawatts when peak demand can hit 3 gigawatts. He said that Oscar would bring "an additional inconvenience" to Cuba's recovery since it would affect key Cuban power plants, such as Felton in the city of Holguín, and Renté in Santiago de Cuba. The blackout was considered to be Cuba's worst since Hurricane Ian hit the island as a Category 3 storm in 2022 and damaged power installations.

Persons: Hurricane Oscar, Miguel Díaz, Canel, Mayde Quiñones, Karine Jean, Pierre, it's, Juan Estrada, hasn't, Vicente de la O Levy, Oscar, Felton, Antonio Guiteras, Ian, haven't Organizations: Hurricane, Cuban, Authorities, Energy Locations: Cuba, San Antonio, Sur, U.S, Europe, United States, Havana, Holguín, Santiago de Cuba

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

☆ Hurricane Milton influencers brought in millions of views and a horde of new followers
▼ + stars: | 2024-10-11 | by ( Sophia Pargas | Sophia Pargas Is A News Associate For Nbc News. | ) www.nbcnews.com time to read: +7 min

“I just don’t want to drive back up to Atlanta and leave for each hurricane,” Sam Hunter, a Tampa-based digital marketer, told NBC NEWS. Both Meta and TikTok declined to comment on the surge in such hurricane content. Videos on Hunter’s page — which showcase hurricane prep, landfall and aftermath — have amassed millions of views. While his account currently focuses solely on Hurricane Milton, Hunter plans to experiment with new content and see what sticks. “Some people take this stuff as a joke,” Corujo told NBC News, noting that many may see the hurricane as an opportunity to gain views.

Persons: Milton, “, Sam Hunter, I’ll, TikTok, Ian, —, Dan ” —, Joseph Malinowski, Ross, Malinowski, Hunter, Hurricane Milton, ”, Jean Bazil, Rayssa Corujo, ” Jean Bazil, Floridians, ” Corujo, ” Dustin Weaver, Cape, Weaver, it’s, it’s asinine, I’m Organizations: YouTube, NBC, NBC News, Hurricane, ”, FEMA Locations: Florida, Hurricane, Tampa, Atlanta, Milton, Hillsborough County, Hurricane Milton, “, Claremont , Florida, Cape Coral , Florida

FORT MYERS BEACH, Fla. — Christal Shola was one of dozens of people in a long stream of cars waiting to re-enter Fort Myers Beach on Thursday a few hours after Hurricane Milton slammed into the town. A person walks through surge waters after Hurricane Milton made landfall in the Sarasota area in Fort Myers on Wednesday. Local and federal officials have praised residents for taking evacuation warnings seriously and leaving at-risk communities, including the barrier islands, long before the storm hit. “I really want to thank the residents of the barrier islands for listening to us this time,” Pinellas County Sheriff Bob Gualtieri said. Other barrier islands remain inaccessible or have limited services for residents.

Persons: Christal Shola, Hurricane Milton, Hurricane Ian, Shola, Joe Raedle, ”, “, ” Milton, Dan Allers, Milton, Pinellas County Sheriff Bob Gualtieri, Helene, “ It’s, John Chappie, “ We’re, ” Sam Brock, Alicia Victoria Lozano Organizations: MYERS, Fort Myers, Hurricane, ”, Pinellas County Sheriff, Appliances Locations: MYERS BEACH, Fla, Fort, Fort Myers Beach, Estero, Gulf, Hurricane, Sarasota, Fort Myers, Florida, Pinellas County, Sanibel, Bradenton Beach, Milton, Helene, Los Angeles

☆ Florida’s home insurer of last resort is in serious trouble. Will Milton put it over the edge?
▼ + stars: | 2024-10-11 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +13 min

Flood waters inundated a neighborhood after Hurricane Milton came ashore on October 10 in Punta Gorda, Florida. Andrew West/The News-Press/USA Today Network/Imagn Images A vehicle drives though a flooded street after Hurricane Milton in Siesta Key on Thursday. Rebecca Blackwell/AP The roof of Tropicana Field, destroyed by Hurricane Milton, is seen in St. Petersburg on Thursday. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday.

Persons: Hurricane Helene, Hurricane Milton, Ron DeSantis, Joe Raedle, Milton, Helene, ” Mark Friedlander, ”, ’, Hurricane Ian, Giorgio Viera, Rebecca Blackwell, Ricardo Arduengo, Liz Kelly, Matt, Andrew West, Chandan Khanna, Nadia Zomorodian, Julio Cortez, Austin, Sean Rayford, Marta Lavandier, Jefferee Woo, Cristobal Herrera, Bryan R, Smith, Chris Urso, Marco Bello, Brandon Marlow, Marie Cook, Bill Ingram, Reuters Stephen Lundgren, Doug Engle, Ron Rook, Paul Hennessy, Saul Martinez, Payton Wyse, Andrew Goncharsky, Christian Burke, Lee, Connor Ferran, Fort Myers, Nicolette Mariano, Kaila Jones, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Yamil Lage, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, Floridians ’, Denise Rappmund, Rappmund, Bobby Atwood, Atwood, won’t, isn’t Organizations: New, New York CNN, Property Insurance Corp, Citizens, Dade, “, Insurance Information Institute, CNN, DeSantis, Republican, CNBC, Hurricane, Getty, AP, USA, Daytona, Network, Reuters, Bradenton, Tropicana, Major League, Tampa Bay Rays, Celtic Ray Public, Tampa Bay Times, NOAA, Vanguard, School, Ocala, Orlando International Airport, Anadolu, Disney, Fort, Palm Beach Daily, Florida Army National Guard, Tampa General Hospital, NASA, International, Milton, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Moody’s Investors Service Locations: New York, Florida, Miami, Monroe, Hurricane, Punta Gorda , Florida, Central Florida, Lakewood Park , Florida, Siesta Key, North Fort Myers , Florida, Siesta, Volusia, South Daytona , Florida, Bradenton Beach, St . Petersburg, Punta Gorda, Odessa , Florida, Venice , Florida, Matlacha , Florida, Palmetto Beach, Tampa, Bradenton , Florida, Venice, St . Petersburg , Florida, Clearwater, AFP, Sarasota , Florida, Segundo, Davis, Fort Myers , Florida, Wellington , Florida, Palm, Ocala , Florida, County, Wellington, Orlando, Gulfport , Florida, Lee County, Fort Myers, Sebastian , Florida, Palm Beach , Florida, Palm Beach, Havana, Cuba, Celestún, Mexico, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, St, Pete Beach , Florida, Treasure, Fort Myers Beach, Progreso, New Port, Kissimmee , Florida, Milton

☆ Florida residents are returning home after Hurricane Milton
▼ + stars: | 2024-10-11 | by ( Nicole Chavez | Taylor Galgano | ) edition.cnn.com time to read: +6 min

CNN —There wasn’t much more than piles of debris from shattered homes when Vickie Ward returned Friday to her Grove City, Florida, neighborhood after Hurricane Milton. Vickie Ward said her home in Grove City, Florida, was damaged by hurricanes Helene and Milton. Her home in North Port, Florida, has been damaged multiple times by storms and she had just finished paying off repairs from Hurricane Ian in 2022. “To be honest with you, I don’t want to … It’s my fourth hurricane and four times I’ve gotten demolished. Sheriff’s deputies took them back to their home on an airboat after their neighborhood flooded by storm surge from Hurricane Milton and the Alafia River overbank flow.

Persons: Vickie Ward, Hurricane Milton, “, Helene, ” Ward, Ward, Milton, WxChasing, Brandon Clement, It’s, ”, Clement, Angie Dooley, ” Dooley, Dooley, Scott, “ I’m, ” Scott Dooley, Rina Tabak’s, Hurricane Helene, Tabak, Milton ., ” Tabak, Cheryl Bernatowicz, ” Bernatowicz, CNN’s Jake Tapper, Bernatowicz, Ralph Genito, Sheriff’s, it’s, ” Genito, Hillsborough County Sheriff Chad Chronister, Genito, that’s, ” Ralph, ” CNN’s Isabel Rosales, Mounira Elsamra Organizations: CNN, Sunshine State, Florida Near, Florida, Hillsborough County Sheriff Locations: Grove City , Florida, Hurricane, Fort Myers, St . Petersburg, Daytona Beach, Tampa, Hillsborough County, Milton, Florida Near Sarasota, North Port , Florida, Florida, East of Tampa, Valrico , Florida, Hurricane Milton

☆ Hurricane Milton might cost insurers up to $50 billion — but it could have been much worse, analysts said
▼ + stars: | 2024-10-11 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

Hurricane Milton's insured losses could cost between $30 billion and $50 billion, said analysts. AdvertisementHurricane Milton stormed Florida on Wednesday, leaving an estimated $30 billion to $50 billion of insured losses, according to analysts from Fitch Ratings in a Thursday note. Milton's insured losses could range from $30 billion to $50 billion, according to Fitch, making it the largest since Hurricane Ian in 2022, which caused $60 billion in damages. According to a September report by Moody's Analytics, Hurricane Helene's insured losses were between $20 billion and $34 billion. Fitch analysts said local insurers might face insufficient reinsurance coverage to handle the losses and drive up premium rates.

Persons: —, Hurricane Milton, Milton, Alejandro Mayorkas, Fitch, Ian, Morningstar DBRS, Jefferies, Ron DeSantis, Helene Organizations: Service, Hurricane, Fitch, US Homeland, White, Morningstar, Reuters, Analytics, National Hurricane Center, Gov, Moody's Analytics, P, Global, Swiss RE Locations: Florida, Tampa, Swiss, Fitch

☆ Hurricanes are becoming more frequent, violent, and costly — plus they're hitting jobs and economic growth
▼ + stars: | 2024-10-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Hurricane Milton is battering Florida days after Hurricane Helene wreaked havoc on several states. The two events are the latest sign that hurricanes are becoming more frequent, more ferocious, and more costly. They're also hitting employment and economic growth, at least in the short term. They estimated that a Category 5 storm could lower fourth-quarter annualized GDP growth by 0.14 percentage points, from a forecasted 2.3% to below 2.2%. "Rebuilding should provide a boost to economic activity in those affected regions in subsequent months, and potentially years," Sweet told BI, quoting from his recent note.

Persons: Milton, Hurricane Helene, Helene, They're, Adam Smith, Jefferies, Harvey, Ian, Smith, Michael Mann, Ryan Sweet, Sweet, Mann, Implan Organizations: Service, Hurricanes, National Oceanic, Atmospheric Administration, NOAA, University of Pennsylvania, Oxford Economics, Boeing, Milton, Potsdam Institute, Climate Impact Research Locations: Florida, North Carolina, Milton

As Hurricane Milton bears down on Florida, the staff at Sarasota Memorial Hospital are getting ready. The main hospital, Sarasota Memorial, is the largest. Staff at Sarasota Memorial can bring their pets to the hospital's temporary shelter. Courtesy Sarasota Memorial Health Care SystemAt AdventHealth Tampa Emergency Department, Dr. Alex Waldman, 35, is part of the B team. He’s preparing his house for the storm and bolting the hurricane shutters.

Persons: Milton, We’re, ”, David Verinder, Verinder, “ They’re, they’re, Alex Waldman, Waldman, Hurricane Helene, “, Helene, Lee, Monica Collins, Collins, Hurricane Ian, Fort Myers, she’s, Ian, He’s, I’m, I’ve, ” Waldman Organizations: Sarasota Memorial Hospital, Sarasota Memorial Health Care, Sarasota Memorial, Staff, Sarasota, Sarasota Memorial Health, Tampa Emergency Department, Lee Health, Southwest Florida Hospital, Skilled, Children’s, of Southwest, Hurricane Locations: Florida, Sarasota, Tampa, Hurricane, Fort Myers, of Southwest Florida, Miami, Fort

☆ Why some Florida residents aren’t evacuating ahead of Hurricane Milton
▼ + stars: | 2024-10-09 | by ( Paul P. Murphy | Michelle Krupa | ) edition.cnn.com time to read: +11 min

Traffic flows east Tuesday along Interstate 4 as residents continue to follow evacuation orders ahead of Hurricane Milton. A motorist drives past broken utility poles downed by strong wind gusts as Hurricane Milton approaches Fort Myers, Florida, on Wednesday, October 9. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Julio Cortez/AP A man clears debris left by Hurricane Helene from his home in Treasure Island, Florida, on Monday. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday.

Persons: Vivienne Marran, ”, Hurricane Milton, Marran, Helene, they’ve, we’ve, “ I’ve, ” Marran, Helene –, “, Holly Speckhart, Julio Cortez, ‘, Jane Castor, you’re, ” Speckhart, Ian – Bridgit, Budd, Milton, Fort, Ricardo Arduengo, Connor Ferran, Fort Myers, Joe Raedle, Paul Hennessy, Saul Martinez, Stephen Lundgren, Doug Engle, Payton Wyse, Andrew Goncharsky, Lee, Nicolette Mariano, Kaila Jones, Yamil Lage, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Rebecca Blackwell, Hurricane Helene, Bryan R, Smith, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Marta Lavandier, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, ” Anna Maria Island, William Tokajer, ” Tokajer, “ We’ve, we’ll, “ we’ve, I’ve, We’ve, who’d, –, “ you’ve, ” CNN’s Mary Gilbert, Rebekah Riess, Andy Rose, John Berman Organizations: Sol , Florida CNN, CNN, Hurricane, Tampa Bay, ” Tampa Fire Rescue’s, Milton, Tampa Bay Rays, Tampa Mayor, Orlando International Airport, Anadolu, Getty, Disney, Vanguard, School, Ocala, USA, Fort, Palm Beach Daily, Florida Army National Guard, Bradenton, Tampa General Hospital, NASA, International, Reuters, AP, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Holmes Beach Police, Social, Isla del, Sunshine Skyway Locations: Sol , Florida, St . Petersburg, Gulf, Mexico, Tampa, Milton, ” Tampa, Hurricane, Ohio, Cincinnati, Sanibel, Fort Myers , Florida, Orlando, Ocala , Florida, Lee County, Fort Myers, Sebastian , Florida, Havana, Cuba, AFP, Palm Beach, Bradenton Beach, Tampa , Florida, Celestún, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, St, Pete Beach , Florida, Fort Myers Beach, Progreso, New Port, St . Petersburg , Florida, Kissimmee , Florida, Florida, Isla, Isla del Sol, Holmes Beach

☆ Owners of 'catastrophe bonds' are staring down big losses as Hurricane Milton barrels toward Florida
▼ + stars: | 2024-10-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Hurricane Milton may cause major losses for catastrophe bond investors. AdvertisementThe back-to-back barrage of Hurricanes Helene and Milton could trigger big losses for investors in catastrophe bonds. However, on the other hand, a strong hurricane can trigger various clauses within catastrophe bonds, resulting in big losses for investors. AdvertisementHowever, according to RBC, higher reinsurance rates implemented following Hurricane Ian could soften the blow for cat bond investors, depending on the severity of Hurricane Milton. The potential for massive damage caused by Hurricane Milton, which is considered to be a once-in-a-generation event, is also dragging down global reinsurer stocks.

Persons: Milton, —, Hurricanes Helene, Hurricane Ian, Hurricane Milton, Helene, Hurricane Organizations: Service, Hurricanes, Investors, Swiss Re, Hurricane, Jefferies, RBC, Cat, Swiss Locations: Florida, Hurricane, Artemis, Hurricane Milton, North Carolina, Munich

Major infrastructure upgrades meant to protect Florida’s Tampa Bay area from flooding are months away from completion, as the vulnerable region braces for what could be the worst hurricane in more than a century, officials said. Hurricane Milton is expected to strike the Tampa area overnight Wednesday and into Thursday morning with life-threatening storm surge of up to 15 feet, said Austen Flannery, a meteorologist with the National Weather Service’s Tampa office. Since then, the region’s population has grown from roughly 400,000 people to 3.8 million, and the number of buildings has either tripled or quadrupled, according to the Tampa Bay Regional Planning Council. The National Weather Service said Tuesday was the last full day for Florida residents to do so. “This is playing out to be one of our worst case scenarios for our area,” said Wren Krahl, the Tampa Bay Regional Planning Council's executive director.

Persons: Hurricane Milton, Austen Flannery, Ian, Helene, ” Flannery, ” Milton, Joshua Cascio, ”, ” Cascio, Cascio, Adam Smith, ” Smith, Dennis Smith, Smith, Ron DeSantis, Flannery, Wren Krahl, “ I’ve Organizations: Hurricane, Weather, National Weather Service, Workers, Florida State University’s Department of Urban, World Bank, Tampa, Tampa Bay Regional Planning, Statewide, Florida Gov, Tampa Bay Regional Locations: Florida’s Tampa Bay, Tampa, ”, Florida, Seminole, Milton, “ Tampa, Miami, Tampa Bay, Milton’s

☆ Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
▼ + stars: | 2024-10-08 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton, U.S., October 7, 2024. Hurricane Milton's once-in-a-century potential could cause damage of more than $50 billion, with the potential to leave behind devastation approaching $175 billion or more in a worst-case scenario, according to leading Wall Street analysts. That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of wreckage. "A 1-in-100 year event is estimated by some to result in $175 [billion] in losses for landfall in the Tampa region, and $70 [billion] in losses in the [Fort] Myers region." The extent of the potential is hard to pin down and will depend on timing and location, with a landfall closer to Fort Myers being less costly.

Persons: Hurricane Milton's, Hurricane Helene, Jefferies, Yaron Kinar, Myers, Fort Myers, Hurricane Ian, Ian Organizations: Hurricane, Street Locations: St, Petersburg , Florida, Hurricane Milton, U.S, Tampa, Fort Myers

☆ Tracking Hurricane Milton’s Storm Surge Risk Across Florida
▼ + stars: | 2024-10-08 | by ( William B. Davis | Judson Jones | ) www.nytimes.com time to read: +4 min

Tracking Hurricane Milton’s Storm Surge Risk Across FloridaAs Hurricane Milton approaches landfall in Florida this week, the National Hurricane Center is releasing a series of data sets to help warn the public of the risks. Storm surge is one of the deadliest aspects of a strong hurricane as it approaches land. Depending on exactly where Milton makes landfall, storm surge will broadly fluctuate. The Florida Keys are forecast to experience strong winds and storm surge mostly below six feet. Wherever Milton makes landfall, storm surge will come ashore, especially just ahead and south of the storm’s center, similar again to what occurred during Ian.

Persons: Milton, Hurricane Helene, Milton ., Hurricane Ian, Robert Weisberg, —, Weisberg, Ian, ” Organizations: Hurricane, National Hurricane, University of South Locations: Florida, Milton, Tampa, Fort Myers, Naples, Tampa Bay ., Tampa Bay, University of South Florida, Clearwater

☆ These are the insurance stocks with the most at risk from Hurricane Milton, according to Piper Sandler
▼ + stars: | 2024-10-08 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

Piper Sandler said Hurricane Milton could change the insurance market. Piper Sandler said Milton shares similarities with Ian, which resulted in $56 billion in insured losses. "Historically, insurance stocks fall as the hurricane approaches landfall and as it creates damage. Below is a table of estimated insured losses from insurance companies from Hurricane Ian. "The typical rebound in the insurance stocks happens when it becomes clear how large the insurance event was (or was not).

Persons: Piper Sandler, Milton, Paul Newsome, Hurricane Ian —, Newsome, Ian, LSEG, Chubb, — CNBC's Michael Bloom Organizations: Hurricane Ian, Allstate, American International Group, Heritage Insurance, Progressive, Universal Insurance Holdings, Travelers Locations: Florida, Milton, Hurricane, Newsome

"We have kind of a two-level house — it's not a two-story, but there are two levels," Smith-Frady told Business Insider. AdvertisementIn May 2024, the average cost of flood insurance in Florida was $781 a year, according to personal-finance company NerdWallet. Advertisement"It basically makes the home a total loss if they don't have flood insurance," Meyer Lucas said. "In Florida, there's really high flood risk, which I think is broadly understood, but that the cost associated with that flood risk is not being captured in home values." "The storms are happening so diversely in so many different areas of the state," D'Amario told Business Insider.

Persons: Helene, —, Hurricane Helene, Alexis Smith, Smith, Frady, Idalia, She's, Katie Mallah, Mallah, Katie Mallah Mallah, it's, Heather Cameron, Cameron, Holly Meyer Lucas, Meyer Lucas, Jon Schneyer, Pete, haven't, Jesse Gourevitch, there's, Ryan D'Amario, D'Amario Organizations: Service, FEMA, Business, Flood Insurance, Hurricanes, Sunshine State, Farmers Insurance, Bankers Insurance, Miami Herald, Capital Economics, Palm, Street Journal, Environmental Defense Fund Locations: Florida, St, Petersburg, Hurricane, Bradenton, North Carolina, Tampa, Sarasota, St . Petersburg, Shore, Shore Acres , Florida, Insurify, Palm Beach, Nature, Appalachia, Gulf

☆ Video shows a stray alligator swimming near Florida's flooded streets after Hurricane Helene displaced it
▼ + stars: | 2024-10-04 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

Hurricane Helene displaced alligators, turtles, and other wildlife in Florida. AdvertisementFlorida's alligators, turtles, and even sharks are finding themselves in new territory in the wake of Hurricane Helene. While people should be cautious, Claerbout said the FWC hasn't received any reports of alligator bites since Helene made landfall. However, ahead of Hurricane Helene, one Florida gator strolled around the Lakeland neighborhood, northeast of Tampa, and "got bold" enough to walk up to a house's front door, The Miami Herald reported. Alligators weren't the only wildlife affected by Hurricane Helene's floodsAfter Hurricane Helene, a manatee was stranded at MacDill Air Force Base, and the Fish and Wildlife rescuers helped relocate it.

Persons: —, Hurricane Helene, Commission's Lauren Claerbout, Ian, Shannon Stapleton, Claerbout, hasn't, Helene, Scott Tummond, Hurricane Harvey, Rick Wilking, University of Florida's Justin R, Dalaba, Frank J, Mazzotti, it's, Calerbout, Susannah Cogburn, NBC2, Cogburn, FWC Organizations: Service, Collier County Sheriff's, ABC, and, REUTERS, gators, University of Florida, gator, University of Florida's, Florida gator, Miami Herald, MacDill Air Force Base, Florida Fish, Water School, Florida Gulf Coast University Locations: Florida ., Hurricane, Collier County, San Marco, Southwest Florida, Florida, Punta Gorda , Florida, backyards, Taylor, Levy, Seadrift , Texas, Lakeland, Tampa, Park

CNN —Election officials in Georgia, North Carolina and Florida are working quickly to ensure voters can still securely cast early ballots, despite the devastating storm impacts of Hurricane Helene that have in some cases left them without power, water and cell service. He also plans to request extending early voting until Election Day, since typically in Florida early voting goes until the Sunday before. In North Carolina, Bell is considering working with state emergency management and the North Carolina National Guard to set up temporary polling places if needed. “All of those ballots have tracking… North Carolina uses it to the fullest,” Mann said. Bell added that the state’s tracking system, BallotTrax, can help North Carolina voters determine where their ballot may be and whether it was lost in transit.

Persons: Hurricane Helene, Travis Doss, Jr, Doss, ”, Karen Brinson Bell, “, ” Travis Hart, Bell, We’ve, ” Bell, Hart, Florida’s, Ian, Hurricane Michael, Hurricane Dorian, “ We’ll, Brad Raffensperger, Raffensperger, Chris Mann, ” Mann, Mann, Paul Cox Organizations: CNN, Richmond County, North Carolina State Board, US Postal Service, “, Hurricane, North Carolina National Guard, National Guard, Georgia’s, Election Innovation, Research Locations: Georgia , North Carolina, Florida, Hurricane, Augusta, Richmond, Georgia, North Carolina, Hyde County, “, North, Carolina

High risk of natural disaster and extreme heat For two decades, they’ve also been some of the most popular places to move as Americans have flocked to the South and West. Much of Vermont, which is not highlighted as high risk in the maps above, saw devastating flooding last year following a record-breaking storm. Jacksonville Tallahassee Gainesville Daytona Beach Orlando Tampa HIGH HURRICANE WIND RISK Sarasota The Tampa metro area has been one of the fastest growing in the country. Many of these new residents have settled in coastal communities that are at high risk for hurricanes. Dallas-Fort Worth sits in an area at high risk for serious thunderstorms, hailstorms and tornadoes.

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.

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☆ Thai farmer forced to kill more than 100 crocodiles after a typhoon damaged their enclosure
▼ + stars: | 2024-09-27 | by ( Lex Harvey | Kocha Olarn | ) edition.cnn.com time to read: +5 min

More than 100 were killed at a crocodile farm in Lamphun, northern Thailand, after a typhoon damaged their enclosure. More than 100 crocodiles were killed to prevent them from escaping after a typhoon damaged their enclosure in Lamphun, northern Thailand. Among the crocodiles killed was one named Ai Harn, the eldest male breeder and leader of the pack, at 4 meters (13 feet) long. Earlier this year, 60 Siamese crocodile eggs hatched in Cambodia, the largest recorded breeding event for the species this century. Thai crocodile farmer Natthapak Khumkad owns the biggest crocodile farm in the province of Lamphun, northern Thailand.

Persons: ”, Khumkad, Natthapak, “, Yagi, Benjamin Horton, Hurricane Ian, CrocodileLamphun Natthapak, ” Natthapak, Pornthip Nualanong, Ai Harn, Pornthip, suckling, Natthapak Khumkad Organizations: Bangkok CNN, CNN, Observatory of, International Fund for Animal Welfare Locations: Bangkok, Lamphun, Thailand, China, Southeast Asia, Thailand’s, Observatory of Singapore ., Florida, Punta Gorda, Cambodia, Hong Kong

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