Risk & Business

Image via Wikipedia Based upon an article yesterday in www.MarketWatch.com, this year's Atlantic hurricane season could be "extreme". The forecaster quoted in the article, Jo Bastardi , chief long-range meteorologist and hurricane forecaster at AccuWeather .com, stated that this year's hurricane season would more closely resemble 2008 than 2009. If you remember, in 2008 Hurricane Ike smacked the coastline of Louisiana and Texas , accounting for losses of approximately $11.5 billion. We've spoken about this before, time to take a look at flood coverage before the possible event, rather than lamenting the lack of it afterwards.

Image via Wikipedia Based upon the most recent information available, the National Weather Service is cutting back it's forecast for this year's Atlantic hurricane season. The agency is citing the calming effects of El Niño contributing to their revised forecast. They do warn however that all those along the coast should continue to keep their guard up since there is always the possibility of a major storm cropping up unexpectedly.