Hurricane
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A storm surge warning is in effect from Flamingo to Indian Pass. -
The storm is expected to weaken to a post-tropical cyclone later tonight.
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Francine is expected to make landfall in Louisiana tomorrow.
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A hurricane watch is now in effect for the Louisiana coastline.
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Flights cancelled as typhoon ramps up to Cat 4.
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Moody’s also predicts losses to the NFIP at less than $300mn.
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Several bonds suffered declines in value from February to July.
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Subsidiaries Core and Typtap have applied to participate in the November Citizens policies assumption.
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Its forecast for intense hurricanes is unchanged at six.
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The ‘life threatening’ hurricane has potential for “historic heavy rainfall” in the southeastern United States.
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Relentless focus on annual outcomes provides a packaging that doesn’t fit the purpose.
