Neptune Flood research warns 2025 hurricane lull masks decade of heavy US landfall losses
NP•U.S. landfall losses remain elevated
Research showed 25 hurricanes made U.S. landfall in 2016-2024, averaging nearly three per year; six of the 10 costliest occurred then.
Flood insurance take-up remained about 4% nationwide; Helene drove an estimated $20-30 billion in uninsured flood losses.
NFIP claims and remaining borrowing capacity
The National Flood Insurance Program paid $36.7 billion on more than 586,000 flood claims in 2016-2025; it owes $22.525 billion, leaving $7.9 billion before its cap.
NOAA outlook points to another active season
NOAA’s 2026 outlook calls for 8-14 named storms, 3-6 hurricanes, 1-3 major hurricanes.
Market analysis warns against reading too much into 2025
Neptune Insurance Holdings published a market analysis warning that 2025’s no-U.S.-landfall hurricane season does not signal lower long-term risk.
The report stressed landfall risk, not storm counts.
