The 2009 hurricane season was far from eventful. In fact, the Insurance Information Institute has said that between June 1 and November 30, 2009 only nine named storms developed in the Atlantic basin, three of which became hurricanes — the lowest totals since 1997.
The 2009 season is a welcome respite from 2008, when hurricanes Gustav and Ike disrupted hundreds of thousands of lives in Louisiana and Texas, and caused $14.65 billion in insured losses,” said Dr. Robert Hartwig, an economist and president of the I.I.I. “Profits in an industry like insurance must be seen over the long term.
buy isotroin online www.arborvita.com/wp-content/uploads/2023/10/jpg/isotroin.html no prescription pharmacyA single hurricane, or a string of large losses, can wipe out insurer profits from previous years, or even decades. And insurers must be prepared to pay for these losses, irrespective of the current economic conditions.
Those nine named storms were:
- Tropical Storm Ana (Aug. 15-16)
- Hurricane Bill (Aug. 15-24)
- Tropical Storm Claudette (Aug. 16-17)
- Tropical Storm Danny (Aug. 26-29)
- Tropical Storm Erika (Sept. 1-3)
- Hurricane Fred (Sept. 8-12)
- Tropical Storm Grace (Oct. 5-6)
- Tropical Storm Henri (Oct. 6-7)
- Hurricane Ida (Nov. 4-10)
Along with I.I.I., we here at The Monitor were tracking storms,in both Atlantic and Pacific waters, in our weekly Storm Summary installments. We ended up with the following chart:
[TABLE=3]
Though the official end of the hurricane season was Nov. 30, it remains a year-round concern to researchers, insurers and public policy makers.
According to I.I.I., eight of the 10 most costly hurricanes in U.
S. history have occurred since 2004 and this is the first year since 2006 in which no hurricanes made landfall on U.S. soil. Looking forward, Colorado State University will issue its 2010 hurricane season forecast Wednesday, Dec. 9. We will resume our Storm Summary series June 1, though we will continue to blog about storm-related news, research and updates until then.