Insurers brace for another round of catastrophe losses from Hurricane Florence

NASA Commemorates 9/11 with New

NASA Commemorates 9/11 with New

This GOES-15 satellite image taken Tuesday, Sept. 11, 2018, at 10 a.m. EDT, and provided by NOAA, shows Hurricane Florence in the Atlantic Ocean as it threatens the U.S. East Coast.

Florence is a mammoth, Category 4 storm with sustained winds of 130 miles per hour.

As of 11am local time, the storm was centred 485 miles south east of Wilmington, North Carolina, moving at 15mph.

Maryland and Washington, D.C. have also both declared states of emergency.

If the European model is true or the overall trend persists, University of Miami hurricane researcher Brian McNoldy said it "is exceptionally bad news, as it smears a landfall out over hundreds of miles of coastline, most notably the storm surge. he rainfall has been and continues to be a very substantial threat over the entire area".

"At this point, we would expect demand destruction from Florence to be a bit less than that of Irma, as Florida has a larger population and a more gas-intensive power stack than the Carolinas", Genscape natural gas analyst Eric Fell said. In North Carolina, Cooper says, "2,800 soldiers will be on active duty, joined by even more on standby".

Forecasters are predicting that Florence will make landfall in the Carolinas late Thursday or early Friday as a slightly weakened but still unsafe Category 3 hurricane.

Hurricane Florence, a risky Category 3 storm, is expected to bring catastrophic flooding to the Southeast and may dump as much as 40 inches of rain in North Carolina alone.

The National Hurricane Center predicted that Florence's outer bands - and tropical-force winds - would begin to arrive Thursday morning, with the rest of the storm plowing through the area through the weekend.

Hurricane Florence is at the doorstep of North and SC, and she's not going away anytime soon.

Wood boards and cardboard boxes block the entrance to a deserted Walmart store ahead of Hurricane Florence in Kill Devil Hills in the Outer Banks of North Carolina on September 11, 2018.

In anticipation of the winds and water, 1.7 million people living along the coasts of the Carolinas and Virginia were ordered to evacuate ahead of the storm.

The storm looked likely to make landfall on the coast of North and SC but heavy rain was also expected in Virginia to the north and Georgia to the south.

"This is not going to be a glancing blow", warned Jeff Byard, an administrator with the Federal Emergency Management Agency.

A tropical storm watch is in effect for north of the North Carolina/Virginia border to Cape Charles Light, VA, and for Chesapeake Bay south of New Point Comfort.

As Hurricane Florence gets closer to the Carolinas, Hurricane Hunters from the Bay area are flying right into the storm.

On Wednesday, people across the region rushed to buy bottled water and other supplies, board up their homes, pull their boats out of the water and get out of town.

The rainfall could be historic and the flooding unprecedented, the National Weather Service office in Newport, North Carolina, warned Wednesday.

She added: "The problem is, I can't tell you the exact pin point of landfall and it could be a long duration event".

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