Major hurricane pummeled Acapulco with shock intensity

Hurricane Otis, the Category 5 storm that devastated Acapulco last year, is likely to hold more lessons for catastrophe modelers and insurers than any other major storm since Hurricane Andrew more than three decades ago, analysts at Moody’s RMS have said.

Otis made landfall on Mexico’s southern Pacific coast with sustained winds of 165mph last Octobe

 » Read More