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Drudge Retort: The Other Side of the News
Wednesday, September 28, 2022

The National Hurricane Center put out a special advisory at 7 a.m. to say that Hurricane Ian had strengthened to 155 mph maximum sustained winds, just 2 mph below Category 5 strength. The center said it could have that strength just before landfall at 2 p.m. Wednesday.

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...A maximum storm surge of 10 to 16 feet is possible from Englewood to Bonita Beach this afternoon and/or tonight and 7 to 10 feet from the middle of Longboat Key to Englewood. Up to 2 feet of rain is possible, which would lead to historic flooding, the weather service said. ...

#1 | Posted by LampLighter at 2022-09-28 10:59 AM | Reply

This is not going to help the rebuilding after Ian...

Sixth Florida property insurer declared insolvent
www.cbsnews.com

...State regulators have asked a judge to place a property-insurance company in receivership, making it the sixth Florida property insurer declared insolvent this year amid widespread financial problems in the industry.

The Florida Department of Financial Services sought to be appointed receiver for FedNat Insurance Co., which canceled 56,500 policies in May and reached an agreement to transfer about 83,000 policies to another company in June.

Despite shedding the policies, FedNat remained responsible for claims and other types of obligations from before June 1, according to court documents. It notified the state Office of Insurance Regulation on Sept. 13 that it did not have enough money for what is known in the insurance industry as a "runoff" of the obligations. ...



#2 | Posted by LampLighter at 2022-09-28 11:52 AM | Reply

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