InsuranceHeadline.com Home Headline Home Searh Insurance Directory Listings by State, City Zip Code or Detailed Keyword Search! Search News  Company Index  Add Your Listings to The Insurance Phone Book! Advertise Manage Insurance Phone Book Directory ListingsEditor Login

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Headline News | Life & Health | Property & Casualty | Financial & Investments | Banks & Thrifts | Syndicate News

1
Home L&H P&C F&I Post Feeds RSS Search
 


 Free Insurance & Financial Headline Newsletters - Subscribe Today!

Choose Newsletters

Daily Headlines

Weekly Headlines

Product Promo's

Job Offers

Enter Your E-mail

Advertising Options

Post Press Releases

Post Insurance Articles

Online Advertising

Newsletter Advertising

Company Sponsors

Resources

Insurance Newsletters

Company News & Stocks

Syndicate News

InsHeadlines on Twitter

Industry Links

Archive
Su Mo Tu We Th Fr Sa
 1  2  3
 4  5  6  7  8  9  10
 11  12  13  14  15  16  17
 18  19  20  21  22  23  24
 25  26  27  28  29  30  31

1



Email to a friend | Print this | PDF version
See your advertisement here
U.S. Hurricane Outlook Calls for as Many as 9 Storms

 by Bloomberg.com
 May 22,2008

Share |

ay 22 (Bloomberg) -- The 2008 hurricane season may be more active than usual with as many as nine forming in the Atlantic Ocean, the National Oceanic and Atmospheric Administration said. Five hurricanes may be major.

At the lower end of the forecast, as few as six Atlantic hurricanes may form, including two major ones, which would make 2008 an average storm year. In the past two years, NOAA predictions have overestimated the number of hurricanes.

The government agency offered a 60 percent to 70 percent chance of its forecast range being accurate this season, and predicted 12 to 16 named storms in the Atlantic.

NOAA makes no predictions as to landfall until storms actually form. While varying in accuracy, the NOAA forecast is among those most closely watched by insurers, the energy markets and coastal cities. The hurricane season begins in 10 days.

The agency predicted 10 hurricanes last year, and only six formed. In 2006, NOAA forecast as many as nine hurricanes and only five were recorded. In 2005, when Hurricane Katrina devastated New Orleans, the government forecaster underestimated storm activity.

In the past two months, AccuWeather.com and Colorado State University both said the 2008 hurricane season, which runs through Nov. 30, would be more active than usual.

Oil Rigs

CSU, a pioneer in the field, said both the East Coast and the Gulf of Mexico coast, home to dozens of oil and gas rigs, have a 45 percent chance of being hit by a major hurricane. That compares with a 30 percent chance historically.

A major hurricane packs winds of more than 111 miles (179 kilometers) per hour.

AccuWeather said May 12 it foresees a riskier year than usual for the East Coast, and about an average year for the Gulf.

At least two or three tropical storms, including one major hurricane, will likely reach the U.S. between Florida and New England, the State College, Pennsylvania-based forecaster said.

On the Gulf Coast, at least one or two storms would probably make landfall with hurricane-force winds, AccuWeather said.

------------------------------------------------------------------------------------------

Copyright 2008 Bloomberg L.P. All Rights Reserved.



Share |

Did you enjoy this article? Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00 (total 10 votes)
Related news

AccuWeather: 12 named storms this hurricane season by Reuters-News posted on May 13,2008
A Milder Hurricane Outlook From AccuWeather by National-Underwriter posted on Mar 19,2009
AccuWeather Boosts Hurricane Forecast to 18-21 Storms by BusinessWeekOnline posted on Jun 23,2010
2010 forecast as busy year for hurricanes by USATODAY.com posted on Apr 11,2010
NOAA cuts hurricane forecast, cites El Niño by Reuters-News posted on Aug 10,2009
WSI cuts Atlantic hurricane forecast to 19 named storms by Reuters-News posted on Jul 22,2010
Increased Hurricane Losses Due to More People, Wealth Along Coastlines, Not Stronger Storms by NAMIC posted on Feb 23,2008

Comments (0 posted) 


Headline Sponsors


Sponsor

Insurance Headlines - Insurance Headlines.com is the premier online news source that insurance & financial professional rely on - making Insurance Headlines.com the top choice for syndicating news on the world wide web.

Copyright© 2005-2010 Insurance Syndication, LLC

Powered by: InsuranceHeadlines.com - InsurancePhonebook.com

Top Insurance News - Follow InsHeadlines on Twitter

Follow Insurance Headlines on Twitter and Share Insurance Industry News

About Us | Privacy Policy | Terms & Conditions | Insurance Newsletters | Free News Feeds | Advertise | Company Sponsors | Insurance RSS | Industry Links