Here are some recent articles of interest that I found this week for the insurance industry, Florida insurance law, Florida insurance claims, and Florida insurance trends. Enjoy!
Florida Insurance Law: Atlantic Hurricane Season Could Still Surprise
As weather-watchers focus on Typhoon Vongfong in the Pacific and Cyclone Hudhud in the Bay of Bengal, a subtropical depression has formed south of Bermuda late last week, prompting a tropical storm watch there.
With maximum winds of 35 miles (56 kilometers) per hour, the system was 590 miles south of Bermuda, according to the U.S. National Hurricane Center in Miami. A storm gets a name when its winds reach 39 mph.
While one potential system may be enough to give pause, there are clues that larger storm-friendly environmental forces such as the Madden-Julian Oscillation and a Kelvin wave are coming together across the basin, said Dan Kottlowski, a hurricane forecaster at AccuWeather Inc.
“That’s why the season lasts until late November,” Kottlowski said.
Fortunately, the pieces are coming together a month after the Atlantic season’s statistical peak, at a time when the heat is draining out of the tropics. An alignment like this a month ago might have provided fuel for a severe outbreak.
Read more here…
Thank you for reading (and sharing). Stay tuned for next week’s weekly review for Florida Insurance Law!
