Citizens Property Insurance Corporation’s Post

Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the potential to do substantial damage. https://hubs.la/Q02BnncG0

Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the potential to do substantial damage. https://hubs.la/Q02B8d_50

The reinsurance industry is more financially exposed than most to the rising costs of climate change. Yet as the value of global assets at risk from extreme weather rises, the sector is presented with an expanding opportunity set. Learn more >> https://lnkd.in/efQdFUgi

Hurricane season is here. 🌀 Does your company have an Emergency Action Plan (EAP)? As the possibility of bad weather approaches, it is important to go over evacuation plans, chain of command roles, and general strategies to keep your workers safe. https://bit.ly/4bPsnda

Our #article How Social Ties Influence Hurricane Evacuation Behavior shows that diverse ties (bridging and linking) help motivate people to leave vulnerable spots before hazards arrive https://lnkd.in/dvyrDaHi

#ThingsWeFindOnRoofs: Talking about a flight risk! This is a prime example of poor roof membrane attachment that can lead to some serious issues. With hurricane season approaching, let's ensure your facility's roof is ready for high winds. Schedule your free roof inspection today: https://bit.ly/3QOMUG0. #RoofingFails #RoofInspection #FlightRisk #HurricaneSeason #RoofSafety #RoofMaintenance #RoofingProblems #SecureYourRoof #FreeRoofInspection #RoofingTips

I saw something similar on a well-adhered roof membrane. Wind gusts measuring 55+ mph from the fire station next door resulted in air infiltration under the membrane. The lightweight flexible membrane began to peel the polyiso paper facer away at deck terminations and penetrations…then progressively peeled the entire membrane away. Relatively little pressure and force are needed to peel-away a lightweight flexible roofing membrane when adhered to paper-faced polyiso. Consider a gypsum or cement coverboard for single-ply membranes. Air infiltration beneath the membrane is often overlooked. Sealing the deck at all deck terminations and penetrations helps, sealing and fastening the membrane at all membrane transitions and edge terminations helps….and consider a roof air barrier.

Atlantic hurricane season spans June 1 through November 30. Did you know steel buildings offer unparalleled protection against these and other storms? Follow the link to the Metallic Products blog to learn how metal buildings safeguard against everything from earthquake damage to issues associated with rising water. #HurricaneSeason #MetalConstruction #SteelBuildings https://bit.ly/3qVTaxG

Strong Q1 2024 Earnings for Global P&C Reinsurers, But Hurricane Season and Global Economic Uncertainty May Present Challenges #property #casualty #reinsurance #MorningstarDBRS

🌪️ Stay prepared this hurricane season with our updated Catastrophe Resource pages! Find detailed guides, essential contacts, and the latest information to keep you safe. Visit now: Catastrophe Resource Pages https://ow.ly/X4GJ50SFbql #HurricaneSeason #BePrepared