Hurricane and wind threats destabilize insurance market (MS)

/ Owner - September 16, 2024

Hurricane Francine reminded us how prone our state is to severe weather from hurricanes and tornadoes. Not that we needed a reminder.  Tornado activity in Mississippi nearly doubled over the past six years as did estimated damages compared to the prior 6-year period. The number increased from 59 to 106 and estimated damages increased from $292.6 million to $464.9 million, according to the National Oceanic and Atmospheric Administration (2024 data through May 31).   Read the article…………………………….

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