Hurricane Erin is a huge Category 4 storm and is expected to both grow larger and stronger today as it moves toward the west-northwest. The center of the storm is expected to remain offshore as it moves between the U.S. and Bermuda.

Erin is the fifth named storm to develop during the Atlantic hurricane season, which started just over two months ago. Last week, Tropical Storm Dexter formed in the western Atlantic but didn't pose a threat to land. In early July, Tropical Storm Chantal made landfall on the Carolina coast, bringing deadly flooding to the region.

Tropical Storm Erin's path puts some homeowners at heightened risk, as the storm starts building into a hurricane tracked by meteorologists.