Hurricane season is upon us, and insurance adjusters are bracing themselves for the worst as they pore over 2008 forecasts. Colorado State University’s (CSU) Tropical Meteorology Project has upped its initial forecast for the 2008 Atlantic hurricane season, which began on June 1. The estimate now stands at 15 named storms, eight hurricanes, and four intense hurricanes. The probability for at least one major hurricane (Category 3 to 5) making landfall in the U.S. is set at nearly 70 percent, compared with an average of 52 percent over the past 100 years. The likelihood of an East Coast landfall, including the Florida peninsula, is 45 percent, while there is a 44 percent chance of a Gulf Coast landfall, including the Florida panhandle westward to Brownsville, Texas.

The nation’s desire to live near the water coupled with increased shore line development has meant that more people are affected when hurricanes hit. Given this data, insurance adjusters, particularly experienced national catastrophe adjusters, must be equipped to quickly respond to and serve those affected by national-level disasters. When a hurricane strikes, a third-party temporary housing company can make all the difference.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.