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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
Mr and Mrs AdventureAfter returning to the US in 2018, they continued with van life until mid-2020, when they started thinking about settling down. AdvertisementThe first property they viewed was an abandoned watermill in the Algarve, Portugal's southernmost region, and they were immediately smitten. While they're relying on solar energy in their camper, they plan to connect the watermill property to the grid in the future. This watermill project, we have to have other people involved," Drew said. Mr and Mrs AdventureNow, Drew added, even the bathroom in the watermill is about the size of their van.
Persons: , Brittany, Drew Neumann, Adventure, van, Drew, they're, they've, We're, Ian —, I've Organizations: Service, Business, YouTube Locations: North America, Europe, Africa, Hawaii, Northern California, Arizona, Portugal, Brittany, Algarve, Portugal's, Fort Myers , Florida
Then came the heat wave. But it is also a lifeline against increasingly brutal heat, the deadliest type of extreme weather. It allows people to live in places where temperatures push close to the limits of survivability and where extreme heat persists even at night. And many electrical grids are being pushed to a breaking point due to increasingly frequent extreme weather and soaring demand for cooling. Heat can affect vital organs and cause heat exhaustion, heat stroke and even death.
Persons: Ida, , Jen Brady, Michael Webber, Webber, Brian Stone Jr, Hurricane Ida, Leah Millis, ” Webber, ” Stone, Stone, Kate Gallego, ” Gallego, it’s, Mario Tama, Central’s Brady, , Ian, Organizations: CNN, Climate Central, Climate, University of Texas, Georgia Institute of Technology, , Service, Authorities, Arizona Public Service, Babcock Locations: Louisiana, New Orleans, Austin, California, Pacific Northwest, Europe, Albania, Bosnia, Croatia, Montenegro, New Orleans , Louisiana, Hurricane, Atlanta, Detroit, Phoenix, Phoenix , Arizona, Florida
According to major forecasts, it looks like it’s going to be an above-average hurricane season. An average Atlantic hurricane season has 14 named storms, including seven hurricanes and three major hurricanes. In 2020, the May forecast was for 13 to 19 named storms, but an updated forecast for August was even higher, with 19 to 25 named storms. This region, from West Africa to Central America, is hotter this year than it was before the start of last year’s hurricane season, which produced 20 named storms. The possibility of a La Niña, combined with record sea surface temperatures this hurricane season, is expected to create a robust environment this year for storms to form and intensify.
Persons: Judson Jones, Rick Spinrad, Idalia, Zack Wittman, Alberto, William, Damon Winter, Brian McNoldy, , Phil Klotzbach, Benjamin Kirtman, Waters, Niño, El, Michelle L’Heureux Organizations: The New York Times, National Oceanic, Atmospheric Administration, NOAA, Hurricane Idalia, National Weather Service, New York Times NOAA, University of Miami, Colorado State University, El Locations: Florida’s Big Bend, America, Fort Myers Beach, Fla, West Africa, Central America, El
According to major forecasts, it looks like it’s going to be an above-average hurricane season. Those could include four to seven major hurricanes — Category 3 or higher — with winds of at least 111 m.p.h. An average Atlantic hurricane season has 14 named storms, including seven hurricanes and three major hurricanes. In 2020, the May forecast was for 13 to 19 named storms, but an updated forecast for August was even higher, with 19 to 25 named storms. This region, from West Africa to Central America, is hotter this year than it was before the start of last year’s hurricane season, which produced 20 named storms.
Persons: Judson Jones, Rick Spinrad, Idalia, Zack Wittman, Alberto, William, Damon Winter, Brian McNoldy, , Phil Klotzbach, Benjamin Kirtman, Waters, Niño, El, Michelle L’Heureux Organizations: The New York Times, National Oceanic, Atmospheric Administration, NOAA, Hurricane Idalia, National Weather Service, New York Times NOAA, University of Miami, Colorado State University, El Locations: Florida’s Big Bend, America, Fort Myers Beach, Fla, West Africa, Central America, El
The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.
Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif
More than two-thirds of Hispanic construction workers in America are foreign born. Working without a safety netFor the workers paid to rebuild the bridge, the job will be grueling — and dangerous. CNNWork-related deaths among foreign-born Hispanic or Latino workers rose to their highest level in 2021, according to the most recent Bureau of Labor Statistics data. Fourteen percent of all work-related fatalities in 2021 were foreign-born Hispanic or Latino workers, and most of them worked in construction. The agency’s reports also “consistently show” that Latino and/or immigrant workers are less likely to report employer health and safety violations.
Persons: Francis Scott Key, We’re, It’s, Reinaldo Quintero, , Carlos Hernández, Miguel Luna, Yassir Suazo Sandoval, Jose Mynor Lopez, Dorlian Castillo Cabrera, , Saket Soni, Alejandro Hernandez Fuentes, Soni, ” Quintero, ’ ”, Sean McGarvey, Ligia Guallpa, Quintero, Hurricane Michael, Reinaldo Quintero “, ” Guallpa, Guallpa, Hurricane, Dave Einsel, ” Soni, Ron DeSantis ’, Fort Organizations: New, New York CNN, Bureau of Labor Statistics, CNN, Key, CNN Construction, Resilience Force, Force, of Labor Statistics, New York Committee, Occupational Safety, Health, York, New York State Department of Labor, Workers, North, Unions, Worker’s, Hurricane, Panama City, Safety, Health Administration, Historic New, New York Times, Gov Locations: New York, America, Louisiana, Hurricane, Florida, Mexico, Guatemala, El Salvador, Honduras, United States, New York City, North America’s, Canada, Venezuela, Panama, Baltimore, New Orleans, Texas, North Carolina, Historic New Orleans, Fort Meyers
The climate crisis ends up touching on all of those issues, as CNN’s chief climate correspondent Bill Weir told me. Removing politics from climate changeWOLF: It’s interesting to hear you say that about Texas, because the governor and the Republican-dominated legislature there would seemingly be opposed to doing anything specifically because of climate change. Joe Biden has tried to make the argument that addressing climate change should be an economic boom. It seems clear that we’re going to burst through the 2-degree tipping point that had been previously suggested as the tipping point for climate change. What that means for marine ecosystems and coral reefs, which are the cradles of life in the oceans, and what it means for the power of storms as we head into hurricane season has scientists really, really worried.
Persons: Bill Weir, , Weir, You’re, WEIR, don’t, Syd Kitson, It’s, Hurricane Ian, CNN WEIR, Hurricane Maria, they’ve, it’s, It’ll, Joe Biden, Donald Trump, Matt Yglesias, WOLF, I’ve, we’ve, We’ve, Kena Betancur, they’re, There’s Organizations: CNN, NFL, Hurricane, Babcock, Buffalo, UN, Republican, Act, Citi Bikes, Getty, Greyhound Locations: Hope, Massachusetts, Salisbury , Massachusetts, New Hampshire, Florida, America, , Florida, Puerto Rico, Buffalo, Puerto Rican, Niagara Falls, Texas, Alaska, United States, Portland , Maine, Portland , Oregon, Central America, Charleston, South Carolina, New York City, Dallas, Chicago, New York, AFP
A boomer and her husband moved to southwest Florida from Minnesota to start her clothing business. They moved to southern Minnesota, then northern Minnesota to an off-the-grid cabin an hour north of Duluth. They knew northern Minnesota was not conducive to starting a business, so they considered Florida an ideal location. She said she's also adjusting to the fishing scene in Florida, which is mainly saltwater, compared to freshwater fishing in Minnesota. Despite all she's been through, Pelton thinks she'll stay in Florida for the time being — the only other place she's considering is India.
Persons: it's, , Barbara Pelton, Little, Ian, Minnesota Pelton, she's, Pelton, she'll Organizations: Service, Survey, Sunshine State, Minnesota, FEMA, Day, Labor Day Locations: Florida, Minnesota, Hurricane, Duluth, snowstorms, India
Florida, which has long attracted new residents thanks to its beaches and absence of state income tax, is getting an economic boost driven by young Americans seeking new opportunities. AdvertisementYoung people are driving Florida's economic strength. Getty ImagesFlorida's economy is growing thanks to the newcomersFlorida's population surge is driving the state's robust economy and demand for housing. The Sunshine State's economy is projected by Wells Fargo to expand in 2024, propelled by a robust job market. Thanks to the more damaging weather, Floridians paid more for home insurance in 2023 and the second-most for car insurance compared with other states.
Persons: , Wells, Sean Pavone, Wells Fargo, Taylor Tyson, Miami —, Policygenius, Hurricane Ian, Matias J, Forbes, Michael Bordenaro Organizations: Service, Smart Asset, " Employers, Wells, , Census, SEC, Miami, Miami Herald, Tribune, Getty Locations: Florida, Florida . Florida, Tampa , Florida, Wells, — New York , California, New Jersey, California, New York, Florida — Jacksonville, Tampa, Hurricane, Miami, St, Petersburg
Nancy, a 68-year-old retiree, moved back to Virginia from Florida due to escalating costs and the heat. “There’s so much you don’t know about living in Florida and owning a home in Florida until you’re actually living it,” Nancy said. The Census Bureau’s 2022 American Community Survey found that between 2021 and 2022, nearly 23,800 people moved from Florida to Virginia, while almost 33,000 moved from Virginia to Florida. AdvertisementNancy moved with her husband to Cape Coral 11 years ago after four of her five kids moved there. They settled on Cape Coral for the beach access and warm weather, and for the first few years, they made the most of their time there.
Persons: Nancy, , aren’t, Virginia —, , you’re, ” Nancy, “ I’m, isn't, , Hurricane Ian, Virginia Nancy, it’s Organizations: Service, Sunshine State, Virginia Tech, Bureau, Survey, Florida —, Cape Coral, Coral, Insurance Information Institute, Hurricane, Radford University Locations: Virginia, Florida, Nancy, Cape Coral, Georgia, Texas, Northern Virginia, Fairfax County, Cape, New Hampshire, Virginia Tech, Coral
Swiss Re CEO Christian Mumenthaler gestures during a session of the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024. Insurance giant Swiss Re on Friday reported a sharp upswing in full-year profit, benefitting from what it described as an attractive market environment after a "batch of bad years." The Zurich-headquartered company posted full-year net profit of $3.2 billion, in line with expectations according to an LSEG-compiled consensus. Reinsurance refers to insurance for insurance companies. Looking ahead, Mumenthaler warned that the price of the climate crisis would soon be at the door of consumers for the first time.
Persons: Christian, Christian Mumenthaler, CNBC's, Mumenthaler Organizations: Swiss, Economic, Insurance, Swiss Re Locations: Davos, Zurich, Hurricane, Florida
“This experimental graphic will help better convey wind hazard risk inland in addition to coastal wind hazards,” the center said in the post. Heavy rains and strong winds can be deadly and cause significant damage inland, which happened in 2022 with Hurricane Ian, when 149 people died in Florida. The goal of the expanded forecast cone is to make sure people who don't live along a coast are aware of the dangers they could still face, said Jamie Rhome, deputy director of the hurricane center. Ian produced between 10 and 20 inches (51 centimeters) of rain across much of central Florida, the hurricane center reported. Only Hurricane Idalia struck the U.S., coming ashore in the lightly-populated Big Bend region of Florida's Gulf Coast but also causing significant inland flooding.
Persons: Hurricane Ian, Jamie Rhome, ” Rhome, Ian, Ian slogged, Chad Jorgensen, Alberto, Idalia Organizations: National Hurricane Center, Hurricane, Fire, National Oceanic, Atmospheric Administration Locations: PETERSBURG, Fla, The Miami, Florida, Fort Myers, Orlando, Kissimmee, Daytona Beach, Florida’s, DeSoto County, U.S, Florida's Gulf
After living in New York City for 20 years, I moved to Florida, about 15 minutes from Disney World. I was born and raised in New York City, so I knew living in Florida would be very different. It's safe to say I was very startled by this animal I wasn't expecting to see run across the front of the hotel. The nearest grocery store, restaurant, bar, laundromat, nail salon, and hair salon in New York City were conveniently only a one-block walk from my house. That's not a super far distance, but it's so different from what I'm used to.
Persons: , Jenna Clark, ee's, there's, Ian, It's, I'm Organizations: Disney, Service, Walmart Locations: New York City, Florida, Orlando, The Texas, Southern, Disney's
And the DeSantis campaign made many of them, his advisers, allies and supporters have acknowledged to CNN in interviews. Republican presidential candidate and Florida Governor, Ron DeSantis, speaks during a campaign event in Hampton, New Hampshire, on January 17, 2024. Michael Reaves/Getty Images DeSantis and his wife, Casey, have three children: from left, daughters Mamie and Madison and son Mason. But that approach was rejected by the woman who would be announced as DeSantis’ campaign manager, Generra Peck. And yet, in the face of this overwhelming rejection of his pitch to Make America Florida, DeSantis refused to change gears.
Persons: Ron DeSantis steeled, Donald Trump, DeSantis, Trump, , Nikki Haley, Trump hadn’t, ” DeSantis, Elon Musk, , Curt Anderson, Alex Castellanos, Ron DeSantis, Joseph Prezioso, It’s, Casey, God, Rupert Murdoch’s, Will Lanzoni, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, , Stormy Daniels, Jeff Roe, Ken Cuccinelli, Roe, scrappy, Ken Griffin, bankroll DeSantis, Griffin, Dana Bash, Generra Peck, Musk, ” Donors, Peck, Christina Pushaw, Bryan Griffin, Hugh Hewitt, Scott Olson, Ryan Tyson, Zuckerbucks, Kim Reynolds, Reynolds, Iowa –, Anna Moneymaker Organizations: CNN, Trump, New, GOP, Former South Carolina Gov, Christian Broadcasting Network, Elon, Republican, “ JV, , Politico, Florida Governor, Getty, Republican Party, New York Post, Disney, Florida Gov, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, White, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, PAC, , Fox News, Florida, Central Bank Digital Currency, Iowa, Gov, “ Iowa Republican, Republicans Locations: Iowa, Florida, New Hampshire, Hawkeye, Hampton , New Hampshire, AFP, Wally's, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Orlando, Jacksonville, Sanford , Florida, Tallahassee , Florida, Tallahassee, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, Bedford, Bedford , New Hampshire, Ames , Iowa, New York, Dunedin, Newton , Iowa, Park City , Utah, Tennessee, South Carolina, Trump, Des Moines, West Des Moines , Iowa, Myrtle Beach, “ Iowa, America Florida
DeSantis ends 2024 presidential campaign
  + stars: | 2024-01-21 | by ( Steve Contorno | Kit Maher | ) edition.cnn.com   time to read: +16 min
Accordingly, I am today suspending my campaign,” DeSantis said. Jeb Bush and Sen. Marco Rubio (the latter two of whom he bested in the 2016 Republican presidential primary). Patrick Farrell/Miami Herald/Tribune News Service/Getty Images DeSantis shakes hands with Democratic gubernatorial candidate Andrew Gillum after a CNN debate in October 2018. Joe Raedle/Getty Images DeSantis speaks at the opening of the Conservative Political Action Conference in February 2021. Joe Raedle/Getty Images DeSantis helps hold a python as he kicks off the 2021 Python Challenge in Miami.
Persons: Ron DeSantis, Donald Trump’s, ” DeSantis, I’ve, Donald Trump, Anthony Fauci, Trump, Joe Biden, , Nikki Haley, , DeSantis, Casey, “ DeSantis, Steve Deace, “ It’s, indicting Donald Trump, Haley, Jeb Bush, Sen, Marco Rubio, , , Will Lanzoni, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, , Rupert Mudoch, Jeff Roe, caucused, Kim Reynolds, ’ ”, CNN’s Kaitlan Collins, Jeff Zeleny Organizations: CNN, Florida Gov, Republican, Iowa Republican, Trump, South Carolina Gov, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Getty, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, White, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, House, Fox News, Twitter, GOP, Little League, Yale, Harvard, New York Post, PAC Locations: Iowa, Florida, Wally's, Hampton , New Hampshire, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Orlando, Jacksonville, Sanford , Florida, Tallahassee , Florida, Tallahassee, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, New Hampshire, Bedford, Bedford , New Hampshire, Ames , Iowa
“I came in not really doing as much media,” DeSantis told conservative radio host Hugh Hewitt on Thursday. After keeping the mainstream press at arm’s length early in his presidential campaign, DeSantis now will seemingly talk into any camera that is rolling. But ignoring it was worse.”A spokesman for the DeSantis campaign did not respond to questions from CNN about this story. Ron DeSantis Prev NextInstead, after launching, DeSantis engaged in a lengthy tour of the conservative media ecosystem – radio, TV and influential podcasters. “But conservative media is reactionary to what the mainstream media covers.
Persons: Ron DeSantis, , ” DeSantis, Hugh Hewitt, DeSantis, Donald Trump, DeSantis couldn’t, Alex Conant, , Conant, Sen, Marco Rubio’s, CNN’s Dana, Brianne Pfannenstiel, Nikki Haley, liken, Kaitlan Collins, Hampshirites, Casey DeSantis, Shane Strum, Casey, Brian Kilmeade, “ We’re, Kilmeade, Florida’s, Christina Pushaw, Pushaw, ” Pushaw, “ He’ll, Jabin, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Trump, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, ” Conant, you’re, “ He’s, Fox, “ gaslighting, Joe ” –, they’re, Laura Ingraham, ” Ingraham, “ Trump, , Bret Baier, Rupert Murdoch, “ DEFUTURE, TalkTV’s Piers Morgan, Salena Zito, David, “ They’re, ” CNN’s Kit Maher Organizations: CNN, Florida Gov, White, Fox, Trump, Republican, Union, Des Moines, Hawkeye, Politico, Jacksonville, “ Fox & Friends, Washington Post, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Getty, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, GOP, , Praetorian Guard, Fox News, Republican Party, ” Fox, House, Tampa Bay Times, New York Post, The, Republicans Locations: Florida, Tallahassee, “ State, Iowa, Casey, Kilmeade, Orlando, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Jacksonville, Sanford , Florida, Tallahassee , Florida, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, New Hampshire, Bedford, Bedford , New Hampshire, Ames , Iowa, London
Destructive thunderstorms in North America and Europe and a series of devastating earthquakes last year cost the world around $250 billion in damages, according to a new report from the world's largest reinsurance company. In Europe, thunderstorm losses amounted to $10 billion, of which $8 billion was insured. It said such high thunderstorm losses were unprecedented for the U.S. and Europe. Munich Re said that while the economic and insured losses from 2023 may not appear extraordinary, it marks another year of "extremely high" damages even without any so-called mega-disasters in industrialized countries. In 2022, for example, Hurricane Ian was found to have resulted in overall economic losses of a whopping $100 billion and insured losses of $60 billion.
Persons: Hurricane Ian, Ernst Rauch, Rauch Organizations: Munich Re, U.S, CNBC, videoconference Locations: North America, Europe, Munich
FORT LAUDERDALE, Fla. (AP) — A busy hurricane season that saw the National Hurricane Center in Miami issue the first-ever tropical storm warning for the coast of California and hurricane warnings as far north as Nova Scotia is coming to a close Thursday night. “The 2023 hurricane season does show that we can get impacts just about everywhere," said Michael Brennan, director of the hurricane center. A year earlier, a strong storm surge during Hurricane Ian resulted in multiple deaths and significant destruction across southwest Florida. She said she's more than relieved hurricane season is ending. “So it's either hurricane season, or you're getting ready for the next hurricane season," he said.
Persons: , Michael Brennan, Hurricane Lee, Hurricane Otis, ” Brennan, Brennan, Ian, Danielle DeLoach, Nicole, DeLoach, , they’re, ” DeLoach, they'll, ___ Fischer Organizations: National Hurricane Center, Hurricane, Florida Gulf, U.S . East, Atmospheric Administration, Ocean Locations: FORT LAUDERDALE, Fla, Miami, California, Nova Scotia, Southern California, Florida, Florida Gulf Coast, U.S . East Coast, New England, Mexico, Acapulco, Atlantic, Gulf Coast of Florida, Florida's, Tropic Shores, Daytona Beach Shores
Some developers are building homes like Paulson's with an eye toward making them more resilient to the extreme weather that's increasing with climate change, and friendlier to the environment at the same time. Solar panels, for example, installed so snugly that high winds can't get underneath them, mean clean power that can survive a storm. Recycled or advanced construction materials that reduce energy use as well as the need to make new material. Pearl Homes' Mirabella community in Bradenton, Florida, consists of 160 houses that are all LEED-certified platinum, the highest level of one of the most-used green building rating systems. “We’re building the same old stuff that got blown away.”Babcock Ranch is another sustainable, hurricane-resilient community in South Florida.
Persons: Hurricane Michael, Bonny Paulson's, ” Paulson, Steve Linton, , Marshall Gobuty, ” Gobuty, Paulson, she's, , ” Babcock, Syd Kitson, Ian, Kitson, you’re, Nature, Natalia Padalino, Alan Klingler, ” Klingler, ” Padalino, Laura Bargfeld, Gerald Herbert Organizations: Hurricane, Florida Panhandle, Homes, Pearl Homes, University of Central, Babcock, Florida Keys, Associated Press, AP Locations: Mexico Beach , Florida, Bradenton , Florida, University of Central Florida, Florida, Mexico Beach, South Florida, U.S, New Orleans
Operating profit rose 41% to $10.76 billion, even as Berkshire's net loss more than quadrupled to $12.77 billion. "Against that backdrop it's not surprising that Berkshire's consumer and housing-related subsidiaries are seeing pressure," she said. "Berkshire is disciplined," said Tom Russo, a partner at Gardner Russo & Quinn in Lancaster, Pennsylvania who has owned Berkshire stock since 1982. Berkshire's net results swing widely because accounting rules require the company to report investment gains and losses even if it buys and sells nothing. His $117.5 billion net worth ranks fifth worldwide according to Forbes magazine.
Persons: Rick Wilking, Warren Buffett's, Jim Shanahan, Edward Jones, Cathy Seifert, extol, Buffett, Tom Russo, Gardner Russo, Quinn, Cash, Berkshire's, Ian, Geico, Shanahan, PACIFICORP, Haslam, Jonathan Stempel, Ira Iosebashvili, Jason Neely, Diane Craft Organizations: Berkshire Hathaway, REUTERS, Warren Buffett's Berkshire Hathaway Inc, Apple, Treasury, BNSF, Clayton Homes ., Berkshire, Forbes, . Berkshire, Thomson Locations: Omaha, U.S, Berkshire, Omaha , Nebraska, Lancaster , Pennsylvania, California, Florida , New Jersey, New York, United States, Israel
Rich buyers have the funds to rebuild mansions that are more likely to survive future storms. Fort Myers Beach, Florida, has seen an influx of new buyers following Hurricane Ian last year. The storm killed 21 people and washed away a third of the homes and businesses located on the skinny sand strip that makes up Fort Myers Beach, many of which were modest, middle-class homes. Candy Rahn, 69, told the outlet she and her husband were forced out of Fort Myers after Ian when her uninsured cottage was destroyed. The wealthy companies and people who swoop in to buy up empty lots in Fort Myers Beach are in some ways helping disaster survivors by padding their pockets with thousands of dollars.
Persons: Rich, Ian, , Candy Rahn, Fort Myers, Rahn, Jesse Keenan Organizations: Bloomberg, Service, Fort Myers, Attom Data, University of Delaware's, Research, Tulane University Locations: Florida, Fort Myers Beach , Florida, Estero, Fort Myers Beach, Fort, Fort Myers, New Orleans
But to get there, we'll need to spend a lot of money up front and be real about the climate costs we're already paying — even if we don't always notice them. The full costs of extreme weather are often hiddenThe biggest fires, floods, and heat waves tend to draw headlines. But for years, the more subtle effects of extreme weather had gone pretty much unnoticed. This situation could be made worse by a looming financial "mega shock," which could arise as more people wake up to the reality of the climate crisis, Butler said. The Biden administration has already earmarked $52 billion to tackle the climate crisis for 2024.
Persons: , Amir Jina, It's, Jina, Idalia, Joe Raedle, Creon Butler, Mario Tama, Butler, haven't, ANGELA WEISS, Hurricane Ian, Matias J, Biden, That's, We've, it's, Bulter Organizations: University of Chicago, Getty, Insurance, Miami Herald, Tribune, Service, UN, Intellectual, Organization Locations: Tarpon Springs , Florida, London, New York City, , Florida, Hurricane, Botswana, Denmark, Namibia
CNN —Millions of American homeowners could see insurance rates surge in the coming years in part due to worsening climate disasters, new data shows. It’s another alarming sign for the future of America’s homeowners’ insurance market. “We’re still kind of at the forefront of the insurance industry pricing in climate risk into the real estate market,” Porter told CNN. Premiums are at risk of surging to a lesser extent in cities across the country, First Street data shows. “I know where the places are where people are dropping their insurance — it’s Florida, Louisiana, California and Colorado,” Bach told CNN.
Persons: , David Jones, Jeremy Porter, , ” Porter, Hurricane Ian, Matias J, Jones, ” Jones, Amy Bach, Bach, ” Bach, Kyle Grillot, Reuters Jones, Porter, ‘ I’m, it’s Organizations: CNN, Foundation, UC Berkeley’s Center for Law, Energy, Hurricane, Miami Herald, Tribune, Service, Los, National Flood Insurance, FEMA, United, Residents, Reuters Locations: California , Florida, Louisiana, California, Matlacha , Florida, Florida, Texas, Vermont, Montpelier . Kentucky, West Virginia, Miami, Jacksonville, New Orleans, East Coast, Atlantic City , New Jersey, Virginia Beach, Norfolk , Virginia, Wilmington , North Carolina, Charleston , South Carolina, Savannah , Georgia, New York City, Phoenix, Chicago , Pittsburgh, Louisville, Cincinnati, West Coast, Riverside , California, Los Angeles, Gulf Coast, Plaquemines Parish , Louisiana, Collier County , Florida, Colorado, Wrightwood , California
While that insurance is for a 2022 Porsche Taycan, even friends of his who drive lower-end models are paying more for car insurance, he told CNN. Yet he's seen his car insurance rates increase from $140 a month in 2020 to his current rate of $278 a month. Car insurance rates are increasing for a variety of reasonsTwo months ago, Nationwide notified Darnell Coates-Clark, 55, an EMT based in Baltimore, that he would be hit with a 33% increase in his car insurance. He acknowledged he doesn’t have “stellar credit,” which is known to impact car insurance rates. Darnell Coates-Clark saw his monthly car insurance rates double over the past two years.
Persons: Kyle Barone, Barone, didn’t, USAA, He’s, , , hasn't, he's, haven’t, Darnell Coates, Clark, Coates, ’ ” Coates, hasn’t, Ryan Ankrom, Clark USAA, Andrew Femath, Stephen Crewdson, Hurricane Ian, Robert Passmore, Crewdson, ” Crewdson, Betsy Stella, Insurify, what’s, “ I’ve, “ I’m, I’ve Organizations: New, New York CNN, Volvo, CNN, Porsche Taycan, Norwegian Cruise Line, Kyle Barone Drivers, Sunshine State, Nationwide, P Global Market Intelligence, Casualty Insurance Association, National, Traffic Safety Administration Locations: New York, United States, Florida, Jacksonville , Florida, Tampa, Norwegian, Sunshine, Southwest Florida, Baltimore, Maryland, Hurricane
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