We are slightly past the halfway point of the 2021 Atlantic hurricane season, and its already living up to forecasts predicting a 'wild,' above-average season: Tropical Storm Ana, which formed on May 22, made 2021 the seventh consecutive year that a tropical cyclone has formed before the official June 1st start of the season. Also, June 2021 is now tied with 1886, 1909, 1936, and 1968 as the most active June on record, with three named storms forming. Additionally, Hurricane Elsa became the earliest-forming fifth named storm on July 1, surpassing the record set by Tropical Storm Edouard in 2020.
As each year produces another record-breaking hurricane season after another, what does 2021′s activity so far signal to the insurance industry?
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