Hurricane Isaias kills four, leaves 650,000 without power in Florida
Hurricane Isaias has killed four people and left more than 650,000 people without power.
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Hurricane Isaias has killed four people and left more than 650,000 people without power.
Four people died after Hurricane Isaias made landfall early on Saturday, and about 670,000 residents in Florida, Alabama, Georgia and Mississippi were still without power as the storm weakened to a post-tropical cyclone, according to local authorities and electricity monitoring services. Two of the deaths resulted from trees falling on homes, according to local media and authorities. Authorities in Florida had received no search and rescue requests shortly after landfall in a sign of limited...
Bloomberg Intelligence Senior Insurance Equity Analyst Matthew Palazola tells Bloomberg This Weekend that Hurricane Isaias could generate insured losses in the single-digit billions of dollars, with stronger Florida building codes potentially limiting damage despite rising property values. Speaking with hosts David Gura and Christina Ruffini, Palazola says two relatively mild hurricane seasons have helped insurers rebuild capital, while recent Florida insurance reforms have improved market conditions but have yet to face a major test. (Source: Bloomberg)
Storm damage stretches across Florida and Alabama as officials warn of continued flooding and possible tornadoes.
AccuWeather Correspondent Bill Wadell joins hosts David Gura and Christina Ruffini on Bloomberg This Weekend from Pensacola Beach, Florida, where Hurricane Isaias made landfall as a Category 2 storm, bringing damaging winds, flooding and widespread power outages across the Gulf Coast. Wadell says the storm has weakened as it moves inland, but downed power lines, debris and continued flooding remain concerns as crews begin restoring electricity and assessing the damage. (Source: Bloomberg)
More than 800,000 customers were without power Saturday as communities across the US Gulf Coast began assessing the damage left by Hurricane Isaias, which brought destructive winds, widespread flooding and storm surge.
Hurricane Isaias is lifting to US Gulf Coast crude prices, with nearly three-quarters of oil production in the region shut in.
Hurricane Isaias strengthened into a major storm Friday as it barreled toward more than 3 million people along the US Gulf Coast, threatening dangerous flooding and storm surge after forcing energy producers to curb output.
Oil jumped as Hurricane Isaias shut in 1.28 million barrels a day of US Gulf output. The USO fund rose 2.55%; WTI settled at US$91.49. The post Oil Fund Jumps 2.6% as Isaias Shuts Gulf Output | Oil, Oct 8 appeared first on The Rio Times.
BBC Weather's Chris Fawkes says the first hurricane of the 2026 Atlantic season could bring dangerous winds, storm surge and heavy rains to the Gulf Coast Friday.
Nearly 500,000 barrels a day of oil-refining capacity sit in the projected path of Hurricane Isaias, raising the risk that a US fuel market with no supplies to spare will lose critical output.
The storm is forecast to strike Florida, Alabama and Mississippi with up to 10 inches of rain this weekend.