Archive for the ‘Property Casualty Insurers Association of America’ Category

Overview: Above-Average Hurricane Season Produces One of Costliest Hurricanes On Record

November 18, 2011 Comments off

Overview: Above-Average Hurricane Season Produces One of Costliest Hurricanes On Record
Source: Property Casualty Insurers Association of America

An above-average hurricane season produced several records and one of the costliest hurricanes on record in 2011.

With two weeks left in hurricane season, which ends Nov. 30th, there have been 18 named Atlantic storms, tying 1969 as the sixth-busiest Atlantic hurricane season since record keeping began in 1851. Those storms included six hurricanes, and the first of those hurricanes, Irene, was only the second hurricane to hit New Jersey in the last 108 years. Hurricane Irene, which caused approximately 40 deaths and $4 billion in damages, combined with Tropical Storm Lee to create one of the worst flood disasters in the northeastern United States.

While the United States avoided a hurricane making landfall at a Category 3 level or higher for the sixth consecutive year, the number of Atlantic storms continues to remain consistently high. In the last 16 years, there have been 12 above-normal hurricane seasons. PCI continues to urge residents of coastal areas to use the offseason to prepare for the next hurricane season, which begins June 1, 2012, and also urges public policymakers to take steps encouraging home and business owners to strengthen their properties.

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