Category: hurricanes
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Florida homeowners fear soaring insurance cost after hurricanes
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Written by Michelle Conlin and Matt Tracy NEW YORK/WASHINGTON (Reuters) – For 32 years, Jim Tynan has had a homeowners policy with Allstate in his 1,200-square-foot apartment in Ponte Vedra, Florida. In January, Tynan’s subsidiary, Allstate, told him it was letting him go. Tynan contacted 10 different agencies, “and none…
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Recent hurricanes have caused over $200 billion in damage
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Recent major hurricanes to hit the United States left hundreds dead and caused billions of dollars in damage. Hurricane Beryl – 2024 Hurricane Beryl was the first of the 2024 Atlantic hurricane season, according to National Oceanic and Atmospheric Administration. Exceptionally warm ocean temperatures caused it to strengthen into a…