2025 Atlantic Hurricane Forecast Calls for ‘Above Average’ Season

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An above average hurricane season is projected for 2025 in the Atlantic basin, according to a forecast released April 3, 2025, by Colorado State University’s (CSU) Department of Atmospheric Science.

Led by CSU senior research scientist Phil Klotzbach, Ph.D., a non-resident scholar at the Insurance Information Institute (Triple-I), the CSU TC-RAMS research team forecasts 17 named storms, nine hurricanes and four major hurricanes during the 2025 season, which starts on June 1 and continues through Nov. 30.

A typical Atlantic season has 14 named storms, seven hurricanes and three major hurricanes.

“The tropical Atlantic is warmer than normal, although thankfully not as warm as last year at this time,” Klotzbach said. “At this point, we anticipate either neutral El Niño – Southern Oscillation (ENSO) or perhaps weak La Niña this summer and fall.”

Klotzbach added, “The combination of a warm Atlantic and either neutral ENSO or weak La Niña typically yields an above-average Atlantic hurricane season.”

The 2024 season produced 18 named storms and 11 hurricanes. Five reached major hurricane intensity.

Major hurricanes are defined as those with wind speeds reaching Category 3, 4 or 5 on the Saffir-Simpson Hurricane Wind Scale.

Five hurricanes made U.S. landfalls last year, including three in Florida: Hurricane Debby, a Category 1 landfall in Florida’s Big Bend region near Steinhatchee on Aug. 5, with maximum sustained winds of 80 mph; Hurricane Helene, a Category 4 major hurricane landfall in the Big Bend near Perry on Sept. 26, with maximum sustained winds of 140 mph; and Hurricane Milton, a Category 3 major hurricane landfall near Siesta Key along Florida’s western Gulf Coast on Oct. 11, with maximum sustained winds of 115 mph.

Helene caused tremendous damage across the southeastern U.S., with catastrophic wind and storm surge damage devastating parts of Florida’s west coast.

Farther inland, strong winds and record-shattering flooding severely damaged portions of Georgia, South Carolina, North Carolina, Tennessee and Virginia.

Other 2024 U.S. landfalls included Hurricane Beryl, a Category 1 landfall near Matagorda, Texas, on July 8, with maximum sustained winds of 90 mph; and Hurricane Francine, a Category 2 landfall along the southern Louisiana coast near the St. Mary/Terrebonne Parish line on Sept. 11, with maximum sustained winds of 105 mph.

CSU’s forecast also includes the following probability of major hurricanes making landfall in 2025:

51 percent for the entire U.S. coastline (average from 1880–2020 is 43 percent).

26 percent for the U.S. East Coast, including the Florida peninsula (average from 1880–2020 is 21percent).

33 percent for the Gulf Coast from the Florida panhandle westward to Brownsville, Texas (average from 1880–2020 is 27 percent).

56 percent for the Caribbean (average from 1880–2020 is 47 percent).

Said Sean Kevelighan, CEO, Triple-I: “This is an ideal time for homeowners and business owners to review their insurance policies with an insurance professional to ensure they have the right amount and types of coverage, allowing them to be financially protected for property damage caused by either wind or water.”

Kevelighan added, “That also means exploring whether they need flood coverage, which is not part of a standard homeowners, condo, renters or business insurance policy.”

Flood policies are offered through FEMA’s National Flood Insurance Program (NFIP) and dozens of private insurers.

The installation of a wind-rated garage door and storm shutters also boost a home’s resilience to a hurricane’s damaging winds, according to the Triple-I, and can potentially generate savings on a homeowner’s insurance premium.

Private-passenger vehicles damaged or destroyed by either wind or flooding are covered under the optional comprehensive portion of an auto insurance policy.

Triple-I offers numerous hurricane season preparedness tips, including:

* Developing a photo/video inventory of your possessions and your home’s exterior, which will ease the claim-filing process.

* Preparing a hurricane emergency kit with a minimum two-week supply of essential items, such as drinking water, non-perishable food, medications, flashlights and extra batteries.

* Creating an evacuation plan well before any storm warnings are issued.

Active Day Acquires Three Home Care Providers in South Carolina

Active Day, a provider of adult day services and home care services, announced the acquisition of AllCaregivers, Inc., and New Generations Home Care of Florence, Inc.

Both businesses are providers of home care services throughout South Carolina, and follow the acquisition of Goldencare, a South Carolina-based adult day and home care provider that Active Day acquired earlier this year.

Officials said the combination of these three providers advances Active Day’s home care expansion strategy, pairing its in-home services with existing adult day offerings in core geographies.

Founded in 1986 and 2020 respectively, All Caregivers and New Generations grew to be well-established home care providers within the South Carolina market, serving local communities with a reputation for quality and reliability.

“These acquisitions are highly complementary to Active Day’s existing adult day centers in South Carolina and expands on our continuum of home & community-based services,” said Matt Donnelly, CEO of Active Day.

Donnelly added, “The combination of these three providers with our existing service model provides significant coverage of the South Carolina market and gives our team a greater ability to tailor service delivery to better serve individual and family needs.”

All Caregivers and New Generations represent Active Day’s second and third acquisitions in 2025 for a total of eight acquisitions completed since 2020.

Financial terms of the new acquisitions weren’t disclosed.

Founded in 1988, Active Day provides home and community-based services with over 100 locations in 10 states throughout the Mid-Atlantic, Midwest, and Southeastern United States.

Active Day provides critical healthcare and community services to over 7,500 members with a headquarters in Trevose, Pennsylvania.

Regional Management Corp. Completes $265 Million Asset-Backed Securitization

Regional Management Corp. (NYSE: RM), a diversified consumer finance company headquartered in Greer, South Carolina, said April 2, 2025, it has completed a $265 million asset-backed securitization, marking its 12th successful securitization.

The Regional Management Issuance Trust 2025-1 (RMIT 2025-1) notes were issued at a weighted-average coupon of 5.30 percent (a 5 bp improvement over the prior RMIT 2024-2 issued notes), secured by $298 million of receivables, with a 2-year revolving period.

The Class A notes of the securitization received a top rating of “AAA” from Standard & Poor’s and Morningstar DBRS.

The company used a portion of the proceeds from the RMIT 2025-1 securitization to pay down variable rate debt facilities, as well as fully pay off notes from its RMIT 2020-1 securitization.

“This transaction is a testament to our ability to execute in challenging markets and further demonstrates the strength of Regional and our securitization platform,” said Robert W. Beck, president and chief executive officer of Regional Management Corp.

“The securitization further enhances our balance sheet and continues to moderate our exposure to interest rate risk.”

Beck added, “As of the transaction’s closing, our fixed-rate debt as a percentage of total debt was approximately 91 percent, with a weighted-average coupon of 4.4 percent and a weighted-average revolving duration of 1.3 years. We remain well-positioned to deliver on our long-term strategy via disciplined portfolio growth, driving sustainable returns and creating additional value for our shareholders.”

The transaction was a private offering of securities, not registered under the Securities Act of 1933, or any state securities law.

Regional Management operates under the name “Regional Finance” online and in branch locations in 19 states across the United States.

Most of its loan products are secured, and each is structured on a fixed-rate, fixed-term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty.

Regional Management sources loans through its multiple channel platform, which includes branches, centrally managed direct mail campaigns, digital partners, and its consumer website.

Rangers Announce 2025 Spartanburgers Preliminary Roster  

In partnership with the Texas Rangers, the Hub City Spartanburgers have announced their preliminary roster for the inaugural 2025 baseball season.

The Spartanburgers begin the campaign with five of the Rangers’ top 30 prospects per MLB Pipeline, and the Rangers’ top three draft picks from 2024.

The 30-man roster is made up of 17 pitchers and 13 position players. Hub City welcomes 17 players who finished their 2024 season with the High-A (now Low-A) Hickory Crawdads; nine of the new Spartanburgers wrapped up their 2024 campaigns with the now-defunct Down East Wood Ducks.

Two Spartanburgers join the team from last year’s season-ending Double-A Frisco roster.

Five Spartanburgers were tabbed as top 30 prospects in the Rangers organization by MLB Pipeline, and six made Baseball America’s Preseason Top 30 list.

Catcher Malcolm Moore, 2024 first-round draft choice, is the highest-rated Hub City player in both publications, coming in at No. 5 and No. 6, respectively.

Both publications also view outfielder Dylan Dreiling, the Rangers’ second-round pick in 2024, as a top 10 prospect. Infielder Casey Cook, who played collegiately at UNC-Chapel Hill, was the Rangers’ third-round pick in 2024, and ranks at No. 25 on Baseball America’s index.

The Rangers’ new High-A affiliate is led by manager Chad Comer, who remains on the top step after two years as the manager of the Hickory Crawdads.

Hitting coach Drew Sannes, pitching coach Julio Valdez and development coaches Elevys Gonzalez and Jay Sullenger round out the staff.

Hub City opens the season April 4 on the road, with three games against the Aberdeen IronBirds, High-A Affiliate of the Baltimore Orioles.

The Spartanburgers then travel to Delaware to face the Nationals’ High-A Affiliate, the Wilmington Blue Rocks, in a six-game series.