The Week in a Minute, 8/31/17

The III’s Michael Barry briefs our membership every week on key insurance related stories. Here are some highlights.

Hurricane Harvey made landfall in Texas as a Category 4 storm on Friday, August, 25, and then turned into the single biggest rain event in U.S. history.

Harvey’s floodwaters have caused multiple deaths and billions of dollars in property damage in Texas. The weather system even made landfall for a second time in Louisiana on Wednesday, August 30.

Tropical Storm Irma is expected to become the fourth hurricane of the 2017 season this week and could pose a threat either to North or South Carolina in a few days, according to some computer models.

 

 

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