Triple-I Warns of Below-Average but Risky 2026 Hurricane Season
Event summary
- Triple-I forecasts a slightly below-average 2026 Atlantic hurricane season with 13 named storms, six hurricanes, and two major hurricanes.
- The season begins June 1, 2026, with National Hurricane Preparedness Week starting May 3, 2026.
- Triple-I emphasizes the need for property owners to review insurance coverage due to rising construction costs and flood risks.
- Flood insurance is highlighted as a critical but often overlooked coverage, with nearly 90% of U.S. natural disasters involving flooding.
The big picture
Triple-I’s warning underscores the growing vulnerability of coastal communities to hurricane damage, despite a forecasted below-average season. The emphasis on flood insurance highlights an underinsured risk in U.S. property markets, where nearly 90% of natural disasters involve flooding. Rising construction costs further complicate claims management, pressuring insurers to ensure adequate coverage for policyholders.
What we're watching
- Insurance Adequacy
- How rising construction costs will impact home replacement coverage and claims payouts.
- Flood Risk Exposure
- Whether inland flooding from hurricanes will drive demand for flood insurance beyond high-risk zones.
- Preparedness Compliance
- The pace at which property owners adopt resilience measures like roof tie-downs and storm shutters.