Insurers brace for another round of catastrophe losses from Hurricane Florence

Insurers brace for another round of catastrophe losses from Hurricane Florence

Insurers brace for another round of catastrophe losses from Hurricane Florence

This storm is a slow-moving mammoth and will linger for days on the coast, heavily affecting not only North and SC but also Georgia and parts of Virginia before moving further inland, causing devastation to entire states throughout the weekend.

The latest tracks for Category 4 storm Florence, released early Wednesday morning, now have the storm staying farther south, following the European model.

"Disaster is at the doorstep and is coming in", North Carolina Gov. Roy Cooper said.

Florence's predicted path as of Wednesday had it making landfall on the SC coast, just south of North Carolina.

Duke Energy announced Wednesday up they are preparing for anywhere between 1 and 3 million customers to experience power outages during Hurricane Florence, with some people possibly left in the dark for weeks.

The National Hurricane Center said it had winds of 210 kilometers (130 miles) per hour and a threat of "life-threatening storm surge and rainfall".

Numerous beach communities expected to be impacted by Hurricane Florence have livestreams to monitor the surf conditions.

Forecasters anxious the storm's damage will be all the worse if it lingers on the coast. For example, the seas off of Wilmington, North Carolina have risen 7.5 inches since 1935, according to NOAA.

United States east coast braced for catastrophic hurricane strike
Florence has triggered more than 1 million evacuations and expectations of as much as US$27 billion (S$37 billion) in damages. Henry McMaster said predations were made to accommodate 1 million people leaving the coast, a report by The State said .

"It looks like the hurricane should approach the Wilmington, N.C., area and then potentially stall before shifting south and perhaps paralleling along the coastline towards the Savannah area", Speciale said.

"It's going to be bad", said Woody White, chairman of the New Hanover County Commissioners. The track also shifted somewhat south and west, throwing Georgia into peril as Florence moves inland. Elsewhere in the Appalachian and Mid-Atlantic states, three to six inches of rain are expected, with up to 12 inches in isolated areas, according to the NHC.

Those warily watching Florence have compared it to Hurricanes Fran and Hugo, which pummeled North Carolina and SC, respectively, more than two decades ago. She has worked as a senior manager in public relations and communications for major telecommunication companies, and is the former Deputy Director for Media Relations with the Modern Coalition.

The National Hurricane Center said despite the decrease in winds, the size of the wind field has increased.

Hurricane Florence is blasting toward the Carolinas, carrying sustained winds of up to 130 miles per hour and the threat of "life-threatening storm surge and rainfall", the National Hurricane Center says.

"When that last ferry pulls's unnerving to see it pull away and know, 'That's the last chance I have of getting off this island, '" she said Wednesday.

Speaking at a news conference, the official said the hurricane was expected to spread out into the Central Appalachian mountains, the Tennessee Valley, and southeastern parts of the United States after Saturday.

"The Charleston area now is expected to see at least 1-2 inches of rain over the next several days". With Hurricane Florence set to wallop the area as a Category 4 hurricane, there are fears the ponds could overflow or even collapse amid extremely heavy rain, sending vast amounts of manure from thousands of farms into rivers and contaminating groundwater. More than a million people have been urged to evacuate from the storm's path.

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