Hurricane Erin has downgraded to a Category 3 storm as of Monday as it continues to churn in the Atlantic Ocean. Erin is now packing sustained winds of 120 miles per hour as it moves north of the Caribbean,

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.

Hurricane Erin lashes Bahamas and Turks and Caicos with winds, rain, and flooding as forecasters track a new Atlantic tropical threat.