Hurricane season forecast “very” active, with high landfall probability

The latest forecast updates for the 2020 Atlantic tropical storm and hurricane season continue to point to elevated chances of a particularly active year, with Colorado State University saying we should expect it to be “very” active, with above average landfall probabilities as well. The latest forecasts from two of the best connected teams, Colorado…

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A lesson in economic violence

J.D.’s note: Last September, I wrote that I didn’t believe the world of personal finance needed more politics. I acknowledged that there were vast systemic issues that hold people back, but I argued that personal finance is personal. While I still believe that individual action is (and always will be) the primary driver of financial…

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TWIA hits $2.1bn reinsurance renewal target, thanks to upsized cat bond

The Texas Windstorm Insurance Association (TWIA) has successfully secured the $2.1 billion of reinsurance protection it was targeting for the 2020 storm season, with its new catastrophe bond and its doubling in size a key piece of the renewal for the residual market insurer. As we explained before, TWIA had been aiming to have $4.2…

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