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Hawaii Faces Historic Hurricane Lala Landfall
The storm breaks a decades-long underwriting assumption that the islands were hurricane-proof, exposing a gap in coverage for residents.
Key Points
- Hurricane Lala is making landfall on the Big Island, a historic event.
- The state of emergency unlocks federal funds and pre-positions National Guard assets.
- Insurers had treated Hawaii as hurricane-proof, leading to a coverage gap for residents.
What To Watch
- Federal approval of the disaster declaration
- Specific insurance payout limits for homeowners in the affected areas
- The actual wind speeds and rainfall totals as the storm makes landfall