2023 Hurricane Risk Report

The 2023 Atlantic Hurricane Season is here.  

From June 1 through November 30, hurricane activity in the North Atlantic Ocean increases substantially, as does the probability of wind- and flooding-related property damage for the millions of homes along the United States coastline – from Texas to Maine.  

Historically, the most severe hurricane-related damage has been concentrated in coastal regions adjacent to the Gulf of Mexico and the Atlantic Ocean. However, recent seasons have demonstrated that hurricane risk can – and likely will continue to – extend further inland, posing threats to millions more homes.  

Evidence shows that climate change is impacting hurricane activity in the North Atlantic Ocean with a higher proportion of stronger (e.g., Category 3+), wetter hurricanes that have the potential to travel further inland before dissipating. The combined effects of these factors could significantly impact U.S. properties in future years, including those structures that were once considered out of reach of hurricane wind and flooding.