Dodging Dean’s Bullet

As U.S. Gulf coast states breathe a collective sigh of relief after dodging the bullet of Hurricane Dean, it’s a good time to remember that the 2007 Atlantic hurricane season is far from over and as we’ve said before, the most recent hurricane forecasts continue to point to an above-average season and above-average landfall probabilities for the U.S. coastline. Because no catastrophic hurricanes made landfall in the U.S. last year it’s easy to forget that 2006 was still a close to average season, with nine named Atlantic storms (the average is 11), of which five became hurricanes (the average is six). Also, three named storms did make U.S. landfall as tropical storms. For example, Tropical Storm Ernesto caused an estimated $245 million in insured losses in eight states in late August/early September 2006 – hardly chump change. In the run-up to the peak of the 2007 hurricane season in early to mid-September, Hurricane Dean  reminds us that the risk remains real. Check out further I.I.I. hurricane-related facts & stats.  

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