25-08-2017 07:00 via insuranceinsider.com

Texas on track for first hurricane strike since 2008

Tropical Storm Harvey is expected to strengthen into a hurricane by
the time it approaches Texas on Friday (25 August), which would be
the state's first hurricane strike since 2008.
The National Hurricane Center (NHC) has emphasised rainfall,
storm surge and potential flooding are some of the key risks to
watch for from the storm.
Typically, flood damage is less costly for the (re)insurance
industry than wind-driven losses from hurricanes.
Tom Sabbatelli, RMS hurricane risk expert, said that
Har
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