Hurricane News & Analysis
3 articles
Market Mood
Hurricane Lala Leaves 42,889 Without Power in Hawaii
Hurricane Lala strengthened into a Category 1 storm on August 15, 2026, with maximum sustained winds of 75 mph (120 km/h). More than 42,000 utility customers lost power in Hawaii, with 31,792 outages on the Big Island and 7,203 in Maui County as of 2:14 p.m. HST. Forecasters warned of possible rain accumulations of 10 to 20 inches on the Big Island, leading to life-threatening flooding and mudslides in steep areas. The impact of Hurricane Lala highlights the vulnerability of utility infrastructure during severe weather, which could affect restoration efforts for local residents.
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Tropical Storm Lala Approaches Hawaii with Hurricane Warnings Issued
Tropical Storm Lala is forecasted to strike Hawaii's Big Island with hurricane force on Saturday, as a state of emergency has been declared by Governor Josh Green. The National Hurricane Center issued a hurricane warning due to potentially destructive winds and rainfall, with higher elevations expecting up to 25 inches (63.5 centimeters) of rain. Tropical storm-force winds extend outward up to 220 miles (350 km), impacting Oahu and Kauai by Sunday morning. This storm's approach could lead to life-threatening flooding and mudslides, emphasizing the need for residents in vulnerable areas to seek shelter.
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Florida Home Insurance Costs Up 18%: One Man's Story
A Florida man paid off his home two months before Hurricane Milton caused severe roof damage, leaving him without insurance costs to cover repairs. Florida's home insurance rates increased by 18% in 2025 compared to 2024, with an average cost of $8,292, the highest in the U.S. Nationally, the 2025 average is $2,948. About one in five homes in Florida are uninsured, despite a high risk of climate-related disasters, marking a significant financial risk for homeowners. This highlights the importance for investors in real estate to consider the increasing cost of home insurance.
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