Nov. 30, 2006 brought the biggest sigh of relief the insurance industry has exhaled in quite some time. It came at the end of a hurricane season that was projected to be as active as any we have seen in the recent past, but which turned out to be curiously quiet along the East and Gulf Coasts.
A total of nine named storms were produced in the Atlantic–five of them becoming hurricanes. The National Oceanic and Atmospheric Administration had predicted the season would produce 13-to-16 named storms, with four-to-six becoming major hurricanes.
It was supposed to be a slightly milder season after 2005′s record 28 named storms–15 of which turned into hurricanes, with seven classified as major–but not this quiet.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
