Hurricane Idalia – Update 3

More than 400,000 customers in Florida, Georgia, and South Carolina are currently without power, and President Joe Biden has declared a major disaster in Florida as a result of Idalia’s impact.

As of 11:00 am EDT, the National Hurricane Center reported sustained winds of 60 mph (95 km/h). The storm is expected to weaken on Friday, 1^st September and will likely travel towards Bermuda over the weekend. While Idalia is expected to become a post-tropical storm later today, it may become a tropical storm again on Saturday or Sunday.

Rainfall has decreased, but flooding is still a concern in certain areas. Storm surge is also still in effect and may be accompanied by large waves along the coast. However, coastal flooding is dependent on the timing of the surge and accompanying tidal cycle.

Path of Hurricane Idalia

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Evacuations

Our tracking of the evacuations can be found in the Resources section on the right-hand side of this page.

Power Outages

We continue to monitor power outages throughout the affected area.  Our tracking of this information can be found in the Resources section on the right-hand side of this page.

Closures

Our tracking of the closure of airports, ports and theme parks can be found in the Resources section on the right-hand side of this page.

Business Interruption Coverage Issues

• Government assistance considerations
• Prevention of access – inability to access businesses due to the closure of roads
• Property damage to local businesses
• Public utilities – damage to providers of electricity, gas, sewage, and telecommunications
• Closure of premises by public authority – closure or evacuation of Insured premises
• Losses resulting from supply chain issues
• Early involvement of the appropriate experts can help with the need for any mitigation efforts.

MDD has considerable expertise in dealing with these types of claims and the complexities that may occur.  Experts like those of us at MDD will stress the need for proper audit protocols, controlling and sorting of costs and accounting for any potential saved expenses.