Busy Atlantic hurricane season predicted for 2020

Source: NOAA

Roy

From the NOAA Forecast;

"May 21, 2020An above-normal 2020 Atlantic hurricane season is expected, according to forecasters with NOAA’s Climate Prediction Center, a division of the National Weather Service. The outlook predicts a 60% chance of an above-normal season, a 30% chance of a near-normal season and only a 10% chance of a below-normal season. The Atlantic hurricane season runs from June 1 through November 30.

 

WORLEY CLAIMS SERVICES ANNOUNCES NAME CHANGE TO ALACRITY SOLUTIONS TO REFLECT STRATEGIC GROWTH AND INNOVATION

CADO Admin

"Fishers, IN – March 10, 2020 – Worley Claims Services LLC, a recognized leader in providing insurance claims services in North America, announced the launch of a new company brand and name to Alacrity Solutions Group effective immediately. The change reflects the company’s broader commitment and its expertise in providing innovative claims management services in the property, auto and casualty claim marketplace."

Commissioner Lara Orders Insurance Data on Business Interruption Coverage to Assist California Small Businesses

Roy
From the Press Release ... "Commissioner Lara called on the insurance industry to assist small businesses facing layoffs and lost income due to business closures and government actions to prevent the spread of COVID-19. Insurance company responses to the data call are due by April 9, 2020, and will help the Department understand the number and scope of commercial business interruption type coverages in effect and the approximate number of policies that exclude viruses such as...

EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2020

Source:Department of Atmospheric Science Colorado State University

Roy
We anticipate that the 2020 Atlantic basin hurricane season will have above-normal activity. Current warm neutral ENSO conditions appear likely to transition to cool neutral ENSO or potentially even weak La Niña conditions by this summer/fall. Sea surface temperatures averaged across the tropical Atlantic are somewhat above normal. Our Atlantic Multi-decadal Oscillation index is below its long-term average; however, most of the tropical Atlantic is warmer than normal. We anticipate...

Texas Department of Insurance Commissioner’s Bulletin # B-0008-20

Re: COVID-19: Suspension of certain licensing requirements and fees

CADO Admin
The below is from the bulletin. March 24, 2020 To:   All TDI-regulated carriers, agents, adjusters, and licensees Re:   COVID-19: Suspension of certain licensing requirements and fees On March 13, 2020, Governor Greg Abbott issued a disaster declaration in response to the COVID-19 pandemic. The Governor authorized the use of all available state and local government resources necessary to cope with the disaster. TDI expects carriers to work with their...

TWIA Policy Changes effective 1/2020

CADO Admin

All new and renewal TWIA policies with an effective date on or after January 1, 2020 will include updated coverages, terms, and conditions. Many of the changes are a result of recent revisions to the Texas Insurance Code by the Texas Legislature.


"The above is from the TWIA website"

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