Hurricane season

Federal Alliance for Safe Homes Names Mike Buresh 2024 National Weatherperson of the Year

Retrieved on: 
Friday, February 2, 2024

TALLAHASSEE, Fla., Feb. 2, 2024 /PRNewswire/ -- Today, the Federal Alliance for Safe Homes, Inc. (FLASH) named Mike Buresh, Chief Meteorologist, Action News JAX - WJAX, WFOX as the 2024 National Weatherperson of the Year (NWP). This annual accolade acknowledges weather professionals who exhibit exemplary leadership in advocating for disaster safety and resilience.

Key Points: 
  • TALLAHASSEE, Fla., Feb. 2, 2024 /PRNewswire/ -- Today, the Federal Alliance for Safe Homes , Inc. (FLASH) named Mike Buresh, Chief Meteorologist, Action News JAX - WJAX, WFOX as the 2024 National Weatherperson of the Year (NWP).
  • The 2024 winner describes himself as not just a weather expert but a "weatherholic" whose lifelong passion for meteorology began in his early years in rural Iowa.
  • His career highlights include providing accurate warnings and tracking information for weather events, including tornadoes, waterspouts, floods, and local tropical cyclones.
  • We congratulate Mike and all of our outstanding 2024 National Weatherperson of the Year finalists who serve the public with unwavering excellence every day, especially during hurricane season."

KBRA Releases Research – Florida Insurers Ride 2023 Tailwinds While Bracing for 2024

Retrieved on: 
Monday, December 11, 2023

KBRA releases research discussing positive trends for Florida homeowners insurers which led to higher premium volumes, lower loss ratios, and growth in policyholder surpluses in 2023.

Key Points: 
  • KBRA releases research discussing positive trends for Florida homeowners insurers which led to higher premium volumes, lower loss ratios, and growth in policyholder surpluses in 2023.
  • After several years of significant catastrophe (Cat) losses exacerbated by a hyper litigious environment, many Florida homeowner insurers entered 2023 with weakened balance sheets.
  • The 2023 hurricane season closed with above-average storm activity overall, although landfalls were fairly limited compared to prior years, which mitigated claim frequency and overall losses.
  • The relatively benign 2023 hurricane season benefited insurers; however, early indications for 2024 suggest the potential for increased frequency and severity of hurricane activity, which could expose insurers to greater erosion of financial strength.

DAT Truckload Volume Index: Freight volumes cooled in September

Retrieved on: 
Wednesday, October 18, 2023

Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.

Key Points: 
  • Truckload freight volumes cooled in September, compounding an already difficult quarter for truckload carriers and freight brokers, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
  • View the full release here: https://www.businesswire.com/news/home/20231018639964/en/
    DAT Truckload Volume Index: Freight volumes cooled in September (Graphic: DAT Freight & Analytics)
    Seasonally declining shipments of retail goods and fresh produce decreased demand for truckload services last month.
  • The DAT Truckload Volume Index (TVI) fell for all three equipment types in September:
    Van and refrigerated (“reefer”) indexes were almost 7% lower than in September 2022.
  • Hurricane season has been mild, and our data showed the United Auto Workers strike had little impact on freight movements in September.”

Innovare International Announces New One-Person Shoveling Tool for Emergency Sandbag Filling

Retrieved on: 
Tuesday, September 26, 2023

Innovare International, Inc. is pleased to announce the Sandbag It!™, a one-person sandbag filling tool.

Key Points: 
  • Innovare International, Inc. is pleased to announce the Sandbag It!™, a one-person sandbag filling tool.
  • The Sandbag It!™ is a lightweight, portable and reusable sandbag holder & shovel combination, designed to fit any sized sandbag.
  • The Sandbag It!™ allows for flat storage and features a 6-inch extension beyond the sandbag height, creating an instant shovel for fast and easy loading of a sandbag.
  • When a storm is coming the Sandbag It!™ Shoveling Tool is the right tool for the job.

Pineapple Energy Announces Expansion to Florida

Retrieved on: 
Monday, September 25, 2023

MINNETONKA, Minn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that subsidiary SUNation Energy has expanded to Tampa and Central Florida.

Key Points: 
  • MINNETONKA, Minn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced that subsidiary SUNation Energy has expanded to Tampa and Central Florida.
  • “The central Florida region has been on our radar for a few years,” said Scott Maskin, SUNation’s founder and CEO.
  • “We’ve witnessed a strong demand being driven by the need for energy independence and power reliability.
  • This expansion will create more jobs for Florida residents in the growing renewable energy field with long-term career paths and opportunities to grow with SUNation.

Florida-Based Belvedere Terminals Announces $750 Million Investment in Florida to Improve State's Fuel Supply Chain

Retrieved on: 
Tuesday, September 19, 2023

ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- Today, Belvedere Terminals announced the company is planning to invest approximately $750 million in Florida to develop multiple fuel terminals for storage and supply.

Key Points: 
  • ST. PETERSBURG, Fla., Sept. 19, 2023 /PRNewswire/ -- Today, Belvedere Terminals announced the company is planning to invest approximately $750 million in Florida to develop multiple fuel terminals for storage and supply.
  • Belvedere Terminals is a new company working to support state leaders who are focused on improving Florida's fuel supply chain and ensure gasoline is accessible during hurricane season, when Florida has faced gas supply shortages in the past due to port closures.
  • Belvedere Terminals will meet the growing need for fuel in the state by providing refined petroleum products to multi-location retailers.
  • From there, fuel products will be delivered by trains with state-of-the-art safety standards, over existing railways to the various Belvedere Terminals storage locations throughout Florida.

Discover Peace of Mind: How to Choose the Ultimate Security System for Miami Homes - Quickly Locksmith Miami

Retrieved on: 
Thursday, September 7, 2023

MIAMI, Sept. 7, 2023 /PRNewswire-PRWeb/ -- Miami homeowners looking for peace of mind when it comes to security and safety are realizing that installing a home security system is the best option. While it's true that a home security system is ideal for those times no one is home, depending on the system they can also provide other key essentials that homeowners can take advantage of when away or at home. Homeowners who may be considering selling in this hot market can even boost property value should they install a top-tier security system. The question is, how to choose the ultimate security system for Miami homes?

Key Points: 
  • Knowing that can help residents better select the ideal security system for the home that fits the characteristics of that neighborhood.
  • It doesn't even have to be a hurricane for Miami homes to experience flooding.
  • Having a home security system installed that can monitor such things as flooding in the home is a unique requirement for those who reside in Miami.
  • Securing the Home Is a Multi-Pronged Process:
    The fact is that Miami homeowners can't be too safe when it comes to home security.

As Hurricane Season Peaks, is Travel Insurance Worth it?

Retrieved on: 
Wednesday, August 23, 2023

Although travelers looking to be covered against an already forecasted storm will be out of luck, Yonder Travel Insurance breaks down how travel insurance could protect your trip from future storms if you plan on traveling somewhere tropical later this fall.

Key Points: 
  • Although travelers looking to be covered against an already forecasted storm will be out of luck, Yonder Travel Insurance breaks down how travel insurance could protect your trip from future storms if you plan on traveling somewhere tropical later this fall.
  • If a hurricane disrupts your pre-paid travel arrangements, such as flights, accommodations, or tours, travel insurance can reimburse you for non-refundable expenses under trip cancellation coverage.
  • "Traveling during hurricane season is not the time you want to skip out on travel insurance," says Terry Boynton, co-founder and president of Yonder Travel Insurance .
  • The experts at Yonder Travel Insurance have poured over hundreds of policies from the best travel insurance providers in the US to provide the best travel insurance recommendation for how YOU travel.

Duke Energy equips Florida communities with storm kits, essential tools and more thanks to $300,000 in emergency preparedness grants

Retrieved on: 
Tuesday, August 1, 2023

"Duke Energy is a company committed to improving reliability and resiliency for Florida customers and communities," said Melissa Seixas, Duke Energy Florida state president.

Key Points: 
  • "Duke Energy is a company committed to improving reliability and resiliency for Florida customers and communities," said Melissa Seixas, Duke Energy Florida state president.
  • The grants, funded by the Duke Energy Foundation and Duke Energy Florida, are designed to help organizations with key roles in emergency preparedness increase their ability to bounce back more quickly from major weather events through advanced preparation and planning.
  • This year's Duke Energy Foundation funding will allow the Florida Council on Aging to provide free storm kits to seniors in Duke Energy's service territory.
  • Duke Energy Florida, a subsidiary of Duke Energy, owns 10,500 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Best’s Commentary: Convective Storms Create Difficulties in Diversifying Insurer Portfolios

Retrieved on: 
Thursday, July 27, 2023

The Best’s Commentary, “Convective Storms Create Difficulties in Diversifying Portfolios,” notes that insurers and reinsurers rely on geographic diversification in underwriting to maintain a stable, profitable portfolio.

Key Points: 
  • The Best’s Commentary, “Convective Storms Create Difficulties in Diversifying Portfolios,” notes that insurers and reinsurers rely on geographic diversification in underwriting to maintain a stable, profitable portfolio.
  • However, this is proved more difficult in recent years given the growing number of convective storms, along with the increased intensity of these storms, and the wider geographic areas where storms are occurring.
  • The commentary notes that this is unsurprising as national insurers cover most of the property business written in states countrywide, diversifying their portfolios by doing so.
  • At the same time, convective storms through June 2023 have been larger than those seen in first-half 2022.