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7 Articles
Source: CBS News

Michael hitting Southeast after bashing northern Florida

Friday 09:56 GMT

Kenisha Clack captured the footage in Panama City, Florida, which you can see here:. In another video posted online from Panama City, trees can be seen swaying and snapping from Hurricane Michael's ferocious winds:. CBS News correspondent Nikki Battiste spent the day at a school serving as a shelter where more than 200 people have taken shelter as Hurricane Michael made landfall in the Florida Panhandle.

1 Article
Source: Common Domain

Hurricane Michael to Test Florida’s Unique Insurance Market

Friday 11:48 GMT

Much of the damage to homes from Hurricane Michael will be paid by an array of small, little-known insurers, backed up by larger reinsurance companies around the globe.

Florida’s Office of Insurance Regulation conducts an annual review for companies writing property insurance to test each company’s reinsurance coverage and available capital to pay claims. Other large providers to insurers in the state are Munich Re , Bermuda-based Everest Re Group Ltd. , Lloyd’s of London, Tokio Marine Holdings Inc. in Japan and Germany-based Allianz SE , according to Fitch Ratings.

1 Article
Source: Common Domain

Hurricane Michael Pummels the Florida Panhandle

Friday 11:48 GMT

TALLAHASSEE, Fla.—Hurricane Michael roared ashore Wednesday as one of the most powerful storms ever to hit the U.S., toppling houses, trees and power lines in its path through the Florida Panhandle.

“As Hurricane Michael continues its destructive path through the Panhandle and leaves our state, we are turning 100% of our focus on search and rescue and recovery,” Florida Gov. Rick Scott said Wednesday evening.

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