>> we cannot save you. >> we can't take you by the hand and bring you to the up state. we can't take you by the hand and get you out of there. i'm begging you at this point. where >> i boarded up the best i could and did what i could to get by. >> we have a house that's right here on the water and we kind of said good-bye to it. lauren: breaking news this morning, residents in florida are waking up this morning to the full impact of hurricane matthew, packing winds now up to 135 miles an hour. good morning, it's a tough one, we have you covered.

i'm lauren simonetti. nicole: good morning, i'm nicole petallides. live reports for you from daytona, from orlando am soft the hard-hit areas along the track of hurricane matthew as the path now heads up the coast to georgia and south carolina. lauren: hurricane matthew leaving 300 people dead in haiti, you can see the devastating effects right there. we are going to have complete coverage, analysis all throughout the morning as we continue to track this morning. nicole: as we hope that everybody stays safe, we are keeping a keen eye on the economy and all the effects and how the hurricane is supposed to have a big impact and also a key september job's report at 8:30 a.m. and how the markets and election can be affected. checking on u.s. stock market futures, dow right now futures down 24. lauren: thank you for joining us. a special edition of fbn:am, it is friday october the seventh. nicole: good morning, everybody. here is what we know right now. we are tracking hurricane matthew along the florida east coast.

howling winds and rain and storm surge, it has weakened slightly to a category 3 now from a 4 with maximum sustained winds of 120 miles per hour. according to florida power abdomen light at least 200,000 customers with no electricity. millions of people have been told to evacuate their homes. lauren: we have been talking to adam shapiro all morning. it seemed decent the conditions for the past hour. that suggest situation has changed. adam, how are you doing right now? adam: well, the weather deteriorated as you can expect because the eye of the storm is moving north. again, it has not passed daytona but the winds have been picking up. it's blowing almost sideways. the wind gusts right now a little bit softer or weaker than they had been earlier this

morning, but again a category 3 storm with sustained winds near the eye of 120 miles per hour, we still have electricity in this part of florida but, of course, they're expecting that's going to get knocked out. although during 2004-2005, three hurricane that is hit this part of the state, people, old-timers say they did not lose electricity. 150 different shelters set throughout the state of florida for 1.5 million people asked to evacuate from the beaches and the coast, not everyone did that, the people on the barrier islands in daytona beach and the beaches up and down the coast are stuck on those islands because the bridges to those islands are closed, once the wind is 40 miles, 45 miles per hour it's dangerous according to officials for cars or trucks to move over the bridges. so rescue people cannot get to barrier ie -- islands.

people are told to shelter within. as many as 2 million people could be without electricity and in the hardest-hit areas, they expect that it'll take about two weeks for electricity to be restored. as far as supplied. the state of florida has stages where they have water and food ready to distribute those in need once the storm has passed. problem is that the storm becoming category 3 according to forecasters has slowed down a bit. it's going to be a much longer event in this part of florida and then by 8:00 p.m. forecaster was saying it'll be up in jacksonville. nicole: we are talking about not only in florida, north carolina, south carolina, georgia and the like up and down the coast, the preparations have been evacuations as well. we are hearing everyone saying from the politicians to law enforcement, get out, evacuate.

adam: we left the barrier islands although there are reporters on barrier islands, most crews we are right by at a hotel where we can run for shelter as need be. the utilities throughout the country, the different regions work in cooperation with one another. we keep talking about florida power&light but you would have utility electricians and employees staging in different areas from alabama and parts of georgia ready to assist once the storm has passed to reestablish electricity. crews in staging points to restore electricity. >> stay with us if you can, gary b. smith, he decide today -- he decided to say and ride out the

storm. nicole: janice dean is live in the weather center and you have some breaking news here on the latest track. >> latest information and still category 3 with gust in excess of 150 miles per hour and now making its closest approach to the florida coastline since we have been tracking the storm. so just off the coast of came canaveral just by, you know, 10, 20 miles, this is a pretty big deal as some of the hurricane force winds are coming on shore. 80-mile per hour winds, upwards of 80-mile per hour winds. this is going to potentially affect hundreds of miles of the coastline, we are concerned of potential upwards a foot of rainfall but the storm surge. here is the new track of the national hurricane center. this might not even make a

landfall in florida but that's not the point. if you've got the core offshore, that's going to give you the potential of devastating effects. as we go through saturday and sunday, now this is a georgia storm, now this is a south carolina storm and now this is a north carolina storm. we are still predicting a hurricane all aaround the coast and hopefully off to sea in the atlantic by the end of the weekend, but the storm surge, the water is what is the most potentially deadly effect of a hurricane, landfall hurricane, a hurricane that comes close to the shore because you've got the winds pushing that wall of water that ocean water up towards the coastline and it's very vulnerable specially for georgia towards south carolina of upwards of 10 feet of storm surge, so we still have a lot of storm to go over the next few days, ladies, still maintaining category 3 strength, almost -- i would believe one of the records

for the strongest at laptic hurricane we have ever seen in history. lauren: we were talking about the hook of the storm and try not to get ahead of our, can it turn back around if? janice: it's rare, to see a tropical storm, it does happen, but, you know, it'll be a weaker storm which is good, but, yeah, some of the forecast models are showing make a loop and then come back towards the south florida coastline, we are still into hurricane season. water is still warm so we are going to have to watch it. lauren: thank you so much for all the information this morning. in and nicole: no doubt. gary b. smith is joining us on

the telephone. the storm is intensifying, gary, you have chose on the stay put, why and where are you and what are you seeing and feeling? lauren: and where are your pictures, gary? >> it's a little dark out there. we are south of melbourne where it's expected to make landfall or near or 45 minutes south. even the worst news, we are on the barrier islands. we have a river on one side and the atlantic ocean on the other side. i guess we talk about the storm surge. we have not seen it. we are on a little canal, it's probably come up about 4 feet but it hasn't come up the 9 feet that it would have come into the

house. overall it's horrible. if you did not have power, you would be scared to death, it's pitch black and not pleasant outside. lauren: adam is not too far from gary. adam: do you have flood insurance, officials say the reason they ask people like you who live in barrier islands to evacuate to protect emergency workers that might have to get to you in case of a problem, how do you respond to that and first, do you have flood insurance? >> we have extra flood insurance. you have to have a minimum amount in certain parts of florida to get a mortgage. that was a done deal and we got

extra insurance for that just to protect. we have lived through stuff like house fire and insurance premium when we moved. as far as, you know, living on the island, we kind of knew that if we lived on the island they would close the bridges. there's only three bridges to the barrier island here and they closed it when winds got above 39, 40 miles an hour. they close those at 8:00 o'clock last night. we have the generator. we were able to stick it it. if we were not in that situation we would have gone off the island and further into mainland. nicole: how about water pumps? you could see rising waters specially you noted that you have water on both sides. do you have anything like that if water were to come into your home. you mentioned the dogs?

>> you know, that's something that we don't have. we don't have to worry about the ocean so much. we are three quarters of a mile from the atlantic ocean. we are on the canal off the river. probably about 9 feet above that, so that would be -- if the storm came in, that would have been a problem. nicole: all right. adam: hey, gary, when you decide today buy the house, did it occur to you, there's a reason they call them barrier islands, did you take that into consideration? >> well, listen, we got to the point where we wanted to be on the water, my wife wanted access to the dock, i guess that's something you sign up whenever you live -- if you lived on the

atlantic or the pacific ocean, you kind of part of the cost of living here for sure. nicole: of course, we hope for the best case for safety and sunny days ahead, but as you brace now for hurricane matthew. gary b. smith, you and your family there stay safe. lauren: hoping for sunny days in sunshine state. let's get more on the situation on the ground. janice dean brought us the latest from the hurricane center and she said that this might -- hurricane matthew might not even make landfall. phil keaton in palm bay, florida, as you're feeling the effects of the rain, wind, they are tremendous and down right dangerous, how are you doing right now, phil? >> we are doing pretty well. it started ramping 2:00 a.m.,

3:00 a.m., 4:00 a.m. with howling winds flying down the street, u.s. 1 in the distance, as you can tell it's pitch black. all the street lights blew out. the power has gone out in the hotel we are staying at. no electricity. all the residents who live here full-time kernel are curious just like many floridans will be later in the day when they lose power, is how long would it take to restore. the governor has suggested it could take up to a week, possibly two weeks. it all depends on the agree of damage to unfold from this major hurricane. the first major hurricane, category 3 that has hit the space coast and the daytona beach area since 1951. it has been that long since a storm of that mag -- magnitude has hit.

still about 40 miles south, southeast of cape canaveral. heading towards nasa, patrick air force space, cocoa beach, that area could see stronger winds an heavier bands of rain than we have seen here on the intercoastal, indian river. we are about, i don't know, 4 to 5 miles from the barrier island from where we are right now and we still had some very, very strong winds. 60's for sure and gust definitely into the 70's, the largest sustained wind that has been recorded and reported so far is 88 miles an hour. it's heading north, turning slowly about 13-14 miles an hour so right around 6:00 a.m., 7:00 a.m., 8:00 a.m. where we

are, things will definitely start to noticeably improve as is the case south of jupiter, jupiter on south through west palm beach, ft. lauderdale, miami, no more hurricane warning at all, in fact, miami-dade and broward have no tropical advisory anymore. it's moving north and as it moves north people up ahead of us, well, they know it's coming. lauren: real quickly, phil, how many hurricanes have you covered ? >> probably like 15. lauren: thank you so much. the experience -- >> yeah. lauren: the experienced hurricane reporter. nicole: in the dark. we know that you're working on a generator there. we want everybody to stay safe in that area. thanks, phil. now we turn to palm city, florida, former new york city police officer, you're watching closely. many people have been told to evacuate, some have chosen not

to do so putting rescuers' lives in jeopardy. national guard has been deployed in states of emergency up and down the coast. dan, your thoughts? >> i tell you when you do that and you're in the mobile home-type area or an area where you could potentially be in significant danger, homes that with not came withhold and it's a lot of poor decision-making. 40 to 50 miles an hour. so, yeah, it's poor decision-making on your part if you decide to do that. lauren: we heard the warnings from officials very clear if not scary warnings, evacuate now, this is a storm that can kill you and still some folks don't listen. >> yeah, which is incredible because think about it. i'm in palm city, you know, the

storm stayed offshore for us and you will probably hear it in my voice, i was up all night. hayed my accordia, n it's still loud. i feel my big steel shutters shut on my windows but you can still hear the wind barking a little bit but last night was rough. the worst maybe 11:00 o'clock by me. it was raining pretty hard too and that was with the shutters closed, you could still hear it. lauren: now you didn't have to evacuate or you did? >> no, my area is not low line or mobile home. we have concrete block, you're not obligated to block if you have a concrete house which we do. nicole: president obama

obviously stated the obvious but something that's worth saying over and over again, property can be replaced but a loss of life can't. even if it doesn't make landfall, the storm surge, the flooding, you have to have the right preparations, in your home day's worth of food and the like. >> this goes for everybody, i think. you don't have to be one of those people that have nuclear bunker in their basement specially in the state of florida. it should go for everybody down there. i say a week's worth of food, hopefully you will never ever need this stuff down here in florida. it's -- nicole: it's good to make preparations even if you don't need to. former security agent and there in florida hunkering down.

lauren: hurricane matthew now considered the most powerful storm in a decade for the northeast. we will have the latest on the storm track. >> if you're a hotel and increasing prices, we are going after you. we cannot increase your prices in the state of emergency, so get ready because we are coming for you. lauren: strong warning right there. we are also waiting on the job report for the month of september, it's due out later this month. let's check in on stock index futures as we await this market moving data, dow futures down 15, s&p futures down 13 and nasdaq down 5, you're watching fbn:am, first look at morning markets and breaking news which is hurricane matthew this morning.

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nicole: breaking news this morning. here is what we know right now. howing winds, driving rain, the storm weakened slightly from category 4 now to category 3. maximum sustained winds of 1220 miles per hour. gust are even higher. according to florida power&light 150,000 customers are now without electricity. millions of people in florida, georgia, south carolina have been told to evacuate their homes and we hope that they have done so. lauren: big story is also the power. hurricane matthew knocking out power to hundreds of thousands of customers in the state of florida. we have rob gold with florida power&light, good morning, rob. >> good morning. lauren: 300,000 of your customers without electricity at the moment?

>> yeah, right now 350,000 out but we have restored in excess of 140,000 customers thus far and since the 2006 period of time, the past decade we have invested $2 billion in our system and we are really seeing some of the benefits pay off particularly right now in southern part of territory, miami-dade, we are not seeing seeing the outages fortunately that we would have seen particularly if the storm had made landfall or hit us much harder, but that said, we still have about a half a million customers still in harm's way going up the coast towards north florida. nicole: we see video now of parts of cocoa beach, electricity running through and runs through water and the light. tell us advice that you have for people now and they may not have power, what's the best bet in the next 24 or 48 hours?

>> if they see a power line don't go near it. if there's flooded water there could be a line underneath. the storm will be outside later this afternoon and evening. we will get through this but let us do our job, let the emergency responders do their job but don't take thicks into your own hands. lauren: rob, i believe you said you did restore power already today or last night to 140,000 customers. did you say that? >> i did. the way it works, once we can get out, once the wind is below 35 miles an hour, we can get out there and hit it hard, the key in any restoration like this regardless whether it's florida or anywhere else, to make sure you have your crews, support in place, ready to roll so when the storm clears you are not bringing people in, you're minimizing the windshield time, truck time and getting people out there to start restoring power and we brought in some

12,000 poll for example the outside. nicole: since 2006? >> the past decade we have invested heavily in automation. we have replacing wood poles with concrete polls, we have been inspecting our lines, really a ton of activity to make sure that at tend of the day when we have a storm like this we can respond and minimized. lauren: thank you so much for all the work you're doing with florida power&light. nicole: we will be right back with more on hurricane matthew. stay with us.

♪livin in this crazy world ♪so caught up in the confusion♪ ♪nothin' is makin' sense ♪for me and you ♪we've got to give a little love♪ ♪have a little hope ♪make this world a little better♪ >> this can kill you and we cannot save you. >> we need to get you out of there.

i'm begging you at this point. >> boarded up the best i could and did what i -- did what i could to get buy. >> we have a house that's right here on the water and we kind of said good-bye to it. nicole: breaking news this morning waking up to full impact of hurricane matthew, packing winds of 135 miles an hour, one and a half million people evacuating their home, good morning, i'm nicole petallides. lauren: good morning, i'm lauren simonetti. we are going i have to live reports from daytona, orlando and some other areas. we will path the storm as it heads to georgia and north carolina. nicole: you could see the devastation there, complete coverage and analysis this morning over the next several hours as we track this tomorrow. lauren: we are tracking the economy today, the hurricane is

expected to have a huge impact, but we also key the september job's report later on this morning in about 3 hour's time that too will have an impact on the market on the election, we are checking in right now stocks futures. nicole: good morning, everybody, welcome to special edition to fbn:am, it's friday october 7th. lauren: here is what we know about hurricane matthew with howling winds and driving rain. storm has weakened from category four to category three. right now up to 120 miles an hour. according to florida power&light. 350,000 customers are without power and electricity. millions of people in the state of florida plus georgia and south carolina have been told evacuate. get out of your homes right now. nicole: we have now coverage up and down the coast, right now to adam shapiro live in daytona

beach. we've watched him, we've watched the winds pick up around you, adam. though you still have some power. adam. adam: we still do have electricity. florida power&light in volusia county where we are, 120,000 people are without electricity as this wind picks up and this rain is coming down, it's a sure bet that more people will lose electricity here. we have been talking this morning that the storm was downgraded from category four to three. it still poses a threat according to forecasters and state emergency officials because of one the wind flying debris as well as damage that these strong winds can cause 120-mile per hour winds and extending something to 40 miles. when you consider the eye of the storm is roughly 40 to 50 miles off the coast of florida.

they're saying that it's a break of luck that the eye did not come on land but still a dangerous storm. the other reason it's a dangerous storm, you can get a sense of the winds that are blowing the trees and the rain sideways where i'm standing but it also tends the whip up the water and that's where you get the storm surge which they were estimating could be in some places as high as 7 to 11 feet. if you're on a barrier ie land, there's a god chance that there will be flood water in your home. we witnessed canals. this is a very low-lying area with lots of waterways. we were watching yesterday water was higher than old-timers were telling us. in one case we saw docks that were submerged and the storm had not yet hit. we still have electricity. there are security officers. inspecting the area to make sure everyone is okay.

but the storm seems about to hit us as it moves the east coast of florida. lauren: adam we can clearly see the rain coming past you sideways and i also notice that had your camera lens is dry. i'm imagining there's a tent over photographer. adam: sure. so we've got pete and n the camera position right up against the wall with overhang at the hotel which is what a lot of people do to keep the gear dry. let's talk about the supplies situation because when we got here we drove from orlando, when we got here yesterday in addition to live reports, we had to first by water and enough food to carry us for a couple of days so we would not be a burden to anybody. when we hit the super markets, they had water, food, perhaps not the stuff that you want to eat but it's calories and also said they run out of propane gas, run out of batteries and

also out of ice. people use propane to power barbecues, grills to cook when the electricity goes out and if they don't have energy. bottom line is that storm is south of here. it's just getting really bad now in this area and it's going to be like this for a couple of hours. nicole: propane could be used for generators. we want you to stay safe. we continue to cover. lauren: janice dean covering the latest from hurricane matthew. janice, where do we stand? janice: we are still watching off of cape canaveral. the core of the strongest winds now move into cape canaveral. i don't think we are going to have a landfall but we are certainly going to come close to that. 120-mile per hour sustained winds, this has been a major hurricane for a week now. it is not really waived in its strength and continues to

parallel the coast of florida where, of course, millions of people were told to hunker down and also evacuate. so there it is right now. the strongest core of winds right there as it comes very close to cape canaveral and, again, already seeing wind gusts in excess of hurricane force, 80, 85 miles per hour. let's take a look at the wind gusts, this forecast model shows the center of the storm staying offshore in its complete life cycle, so that would be quite interesting, however, the impacts could be the same if the core of the strongest winds which is about 20 or 30 miles from the center, move on shore, then we are still dealing with hurricane force winds for the duration of the storm and you can see georgia and the carolinas, you are still in the cone, so we are going to watch this over the next several days. we still have at least 60 hours of a major hurricane moving potentially on shore of the u.s.

coastline and then we are going to potentially watch this thing recurve and the nightmare would be if it actually makes another impact on florida or the east coast. also i want to point out the worst part of the storm, the worst part of a hurricane is the water and the storm surge and if you're talking about 10 feet plus of storm surge across north florida and georgia and the carolinas, that could be devastating for them. we still have a lot of storm to go. we are still dealing with major hurricane and days of coverage so, of course, we will keep you posted and in any new advisories come out or watches or warnings, we will keep you up to date. lauren: we know you will, janice, thank you so much. nicole: thanks, janice. power is out. phil and the crew are giving us the latest. phil. >> you have essential seen the

palm tree bending and swaying much more violently throughout the morning. right now we are in between heavy bands, howling winds have subsided for a moment. you can actually hear frogs as you can imagine after they received so much the rain. they love the sea even -- to see. it's going to be a soggy and rainy day here in brevard county all the way up to jacksonville as the center of this hurricane, category 3, the first major to strike the space coast and the daytona beach area in st. agustín since 1951. there had been great worry about complacency of floridans years ago that was hurricane wilma,

would they be come-- complaisant. there's people that say i can weather the storm and survive and stay put. hopefully those people did that they actually shuttered up their house or put plywood on the house to cover windows, that would certainly significantly safety the house and safety factor inside but power outages are going to be issue throughout the day and several days or even possibly a week or two weeks, it all depends on how much hurricane strength winds and how far inland it goes as the storm continues to slowly churn and northbound up along the coast of florida and, of course, the carolinas and then the most unfortunate aspect of this system after everybody along the east coast of florida has

enendured the wind and the rain and the six-hour job at their house protected, no one is going to be taking that down for a week because at the end of next this hurricane system possibly certainly can move back around as hurricane or tropical storm. a little far out but appears. lauren: i know you live in the area, can you tell me what some of the businesses are doing, specially big businesses? cruise lines, have they suspended operations? tell me about operations here? >> yeah, the port is definitely shut all day tomorrow. we will see what the damage is going to be assessed at.

the port canaveral, they had crew ships going in and out of there. they have cargo ships coming in and out of there. as far as ports being affected on fuel, you know, where they can be opened and tanker trucks can get in, fill up their tanks and get out to the gas stations throughout the state to pump underneath the fuel pumps because fuel being out at gas station is something we saw at jupiter at several gas stations two days ago and that's when everybody was trying to fill up just so they could be prepare today evacuate. now that they're going to be going into the post hurricane situation, people are going to need gas to get around and get supplies and rebuild and repair their homes. basically get the groceries and waters that they're eventually going to run out of. nicole: throughout this week. stay safe, human life.

phil keaton, thank you so much. lauren: thanks, phil. hurricane matthew continues to hammer the coastal florida leaving 300 plus people dead in haiti. >> we have a house that's right here on the water and we kind of said good-bye to it. lauren: we are also tracking market action ahead of september job's report. that could have a big impact on the stock market and on the election. let's check in right now on stock index futures this friday morning, first friday of the month, you get the job's report, s&p down 3 and a half points. you're watching the special edition of fbn:am, first look at morning markets and breaking news when you have something you love,

you want to protect it. at legalzoom, our network of attorneys can help you every step of the way. with an estate plan including wills or a living trust that grows along with you and your family. legalzoom. legal help is here.

nicole: breaking news this morning and here is what we know right now hurricane matthew raking florida coast and sustained winds of 120 miles an hour. lauren: if you go to florida power and light, they tell us 300,000 customers now without electricity. you have people that are being told evacuate and in some cases if you didn't it's too late. so we ask how folks in florida can respond to this devastating

hurricane, joining us now is barry, he is the founder of crisis management consulting firm, also a former fema official. thanks for joining us again, barry. >> good morning, lauren, nicole. if you decided, bravely decide today stay put and weather out this storm, what do you need to know right now? >> well, what you need to know, of course, is make sure that you're staying away and keep you and your family safe. i think you should listen to whether reports and local officials, hopefully the area isn't heavily impacted. they should have been out there, if that's what local officials told them to do. they will have to wait out the storm and hopefully not be overly affected by it. adam: real quick question for you. once the storm passes if i'm a

home uner with wind insurance and flood insurance, assuming i have damage, is there a deadline by which i need to contact an adjustor or will the adjustor find me given the fact that people are without electricity and telephones? >> you should always report your loss but there's usually a 30-day period. you should always document all your damages whether it's with pictures and written notes, but there's certainly going to be an extended period. the insurance industry, fema, everyone know that is if there's certain areas without power, it looks like throughout the states, 2 to 3 million people without power for some time, you know, a week, ten days even in some areas that take a long time for them to recover the power specially as fema noted, when you deal with areas that have not had these kinds of events like northern florida and georgia in some time, their systems are more susceptible because they don't have the

latest transformers and other things in the utility sector because they haven't been knocked down in the last ten to 20 years. nicole: barry residents have decided to stay put and sitting in their homes now, we know not to stay near the windows, other -- you're a crisis management specialist. what do you do during the home, we have to watch for flooding, do you say in the door ways, sit in the bath tube, what do you do? >> you've said it well, you stay in the interior of the house, obviously hopefully they are in a newer house with a stronger building code, certainly the areas that are in older areas, or older homes are going to see some damage no matter what they've done unless they have taken, you knowinger great mitigation steps with their own homes, so you said it, stay in the interior areas and watch for flooding and stay away from down power lines, the normal thing that you do to protect yourself

as the storm is coming through. lauren: thank you so much for your time this morning, founder of crisis management firm. nicole: back with us on the telephone steven, chief economist for the insurance information institute, now, of course, we say life is number one and everybody needs to stay safe but now we move to insurance where people are trying to protect their property and the like. you're going to see a lot of people putting in claims of billions of dollars likely, are you seeing any numbers and what is the order, is it business, home, flooding, what is the order, more likely to see for insurance? >> well, i think the sequence would be the people who can file claims earliest and the people whose property and other claims are most accessible to the adjustors. a lot depends -- we talked about areas that are without power.

if it's impossible for adjustors to visit properties that are damaged in those areas, then they will be secondary to areas that the adjustors can get to more quickly and that's obviously not -- not a function of anything other than what the actual circumstances are in each area. if possible that because the storm initially hit further south and moving up the coast that the areas towards the south that were -- that are now cleared again, maybe able to get out and begin the process of filing claims whereas those currently undergoing the storm damage or soon will, will have to wait until the storm has passed. >> steven, it's adam shapiro in daytona beach. i was curious, i know that states throughout the united states have regulations that require insurance companies to have enough capital when there

is a disaster to pay out the claim. does anyone know the status of the insurance companies, there's so many people live in florida and in georgia on the coast, i would assume and i would hope that the insurance companies are ready to pay out the claims. any reason to be concerned about that? >> no, i would think not, adam. the industry as a whole is extremely well capitalized. they've had quite a nice build-up of capital beyond what is expected under normal circumstances for claims. in the case of the state of florida, you have something of an unusual situation in that the -- many of the companies operating there are fairly new and fairly small and as a result they may be a little less strongly capitalized but you have to remember that if they get into financial trouble, the state has a system, every state

has a system of back stock that where the state would come in potentially raise money from the other more strongly capitalized insurance companies and make sure that every legitimate claim would be paid. adam: steve, i know that people say that you should have wind insurance and flood insurance, is there anything else a home owner that's in a hurricane zone needs to have to protect their assets? >> no, i wouldn't think so. i would make sure if you're operating a small business, business interruption or business income continuation insurance because just because the property is damaged doesn't mean that that's the extent of your loss. you can't use your business location to continue to generate the income and profits that would otherwise throif provide, there's separate insurance for that.

nicole: steven, quickly, i wanted to ask you, we heard from bryan at fox news channel and he made the note that it's so key to take the before and after pictures and how helpful that is when you put in a claim. do you find that to be true that people should take the before and afters? >> absolutely. the more careful and extensive documentation you have, quicker the claim adjustment and also the more successful. nicole: all right, senior vice president, chief economist for the insurance information institute. thanks for the details there. thank you. >> welcome. lauren: as we are talking about what you can do to protect your safety and your family's safety, your property, you have to think about your pets as well. robin back in the studio to talk about the steps that we need to take to make sure that fluffy and forest gump in nicole's case, horses, animals are safe in this weather.

it's not always a easy task. >> it's not, we recommend that everyone have an energy preparation kit for your pet. lauren: but do people do it? >> frankly not enough. we don't live in the southeast, you live in mid states, heartland. make sure you do preparation kit now. lauren: what is that emergency -- >> absolutely. you need to have a couple of days of nonperishable food, water, collar and extra harness and leash. nicole: medication. >> medication, all of that and an extra crate as well. first and foremost whenever you're evacuating, bring your pet with you. lauren: we are going to have the reporter in the field in daytona beach ask you a question, his name is adam. adam: this is adam shapiro in daytona beach. i was curious, i know the shelters are allowing people to bring pets. some people might have forgot to bring the pet food. when i was growing up, they say

don't feed dogs human foods, what kind of foods give an annual mall? what other than pet food would be something to have on hand? >> well, you know, this challenging times because you don't have places where you can cook food, we do always recommend that you do have nonperishable food for your animal, for your pet, if you don't, then some human food that, i think, always works well for my puppies any way, scrambled eggs, my puppies love that and, of course, cooked chicken. nicole: things that are bland and stay away from chocolate, things terrible to pets. you mentioned three cats, dogs and horses. it's very easy, i know i'm not leaving any catastrophic event without my dog, i will take him with me. however, if you have several pets or horses for that matter, you need to make those preparations in advance? >> you need to have your plan far, far in advance. i always

recommend for horse owners, don't forget you have to have emergency plan in place. lauren: we have this extreme weather warning, i can't rally all the animals and say we are going to honker down and ride it out but that's not the best idea. >> it's not, when there's mandatory evacuation, you must be prepared to leave and be prepared to have your kit in place to take care of your animals. lauren: where you take the animals. you can't show up to the hotel? >> thankfully a lot of hotels waived pet policy. we commend those hotels for doing so. nicole: i want to bring back to hurricane katrina, huge flooding, so many people separated from their pets and in order to save the lives of the pet they were sent all over the country. you made the very important

point of micro chips and how much do those cost, they should do so now? what's the cost of that? >> so nominal in terms of cost. you can find many day -- nicole: few hundred dollars. you put your name and information. >> that's correct. your current cell phone information is so critical. micro chip is very inexpensive. you can find shelters that help you underwrite the cost. 20, $25. i encourage you to looking for micro chipping and make sure your collar information, tag information is up to date. lauren: a lot for a pet owner to really think about and real quickly i know you're in town for a reason, so tell me about it? >> it's being honored and thrill today receive the honor and the state's designation, we are thinking about the animals and crisis and our team is on with

first responders. lauren: reminder to everybody to stay safe and animals too. nicole: across the board too. we have a week with down arrows for stocks, we are waiting on the key job's report where we are going to see the september job's report, 175,000 is the estimate and also seeing estimate for unemployment of 4.9%. we did see overnight over in europe there were key news on the british pound, we saw down 6%, came up off the lows but that's certainly something that was front and center abroad. right now we see the london ftse up about 1% and the cac quarante slightly lower. the dax in germany down two tenths of 1%. we continue our breaking news coverage of hurricane matthew which is on the latest report has winds sustained of 120 and gust of up to 150.

lauren: the weather, the job's report, all big stories, maria bartiromo is going to have you covered the next couple of hours. good friday morning to you, maria. maria: hey, there ladies, a lot happening this morning. good friday to you this morning, thanks for joining, i'm maria bartiromo and it is friday october 7th. here are your top stories 6:00 a.m. on the east coast. we are covering hurricane matthew slamming florida right now. these are live pictures of the heavy rains, heavy winds as it moves up the coast. 26million americans are in the path of deadly storm. florida, georgia, carolinas all under states of emergency as we speak. florida governor rick scott issuing a dire warning. >> we are starting to see impacts and it's a monster. our number one priority is saving every life in this state. i think about my grandchildren, my daughters, my son-in-law, i want everybody to survive this. we can rebuild homes, we can