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1 Person Killed, Homes Destroyed After Tornado Rips NE Kansas
May 2 2024 // WESTMORELAND, Kan. (AP) — One person died Tuesday when a tornado ripped through the small city of Westmoreland in northeastern Kansas, destroying houses, RVs and outbuildings, authorities said. Pottawatomie County...
Growing Wildfire Risk Leaves States Grappling With How to Keep Insurers From Fleeing
May 1 2024 // Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news—their property insurance won’t be renewed because their insurance company has deemed the risk...
Tornadoes Damaged 7,200 Residential Properties, Left $2B in Reconstruction Costs
May 1 2024 // The tornadoes that ripped through parts of Nebraska, Iowa and Oklahoma late last week damaged some 7,200 homes, leaving a reconstruction tab of $2.1 billion, according to CoreLogic, the data analytics firm. Some 127...
Warren Buffett’s PacifiCorp Now Faces $30B Claim Demand in Oregon Wildfires
May 1 2024 // Berkshire Hathaway Inc.’s PacifiCorp now faces a demand for $30 billion from victims of Oregon’s 2020 Labor Day wildfires, an escalation of a legal onslaught on the largest grid operator in the western...
Tornadoes Kill 4 in Oklahoma, Leaving Trail of Destruction
Apr 30 2024 // SULPHUR, Okla. (AP) — Tornadoes killed four people in Oklahoma, including an infant, and left thousands without power Sunday after a destructive outbreak of severe weather flattened buildings in the heart of one rural...
Q1 Global Insured Natural Disaster Losses Driven by Severe Convective Storms: Aon
Apr 30 2024 // Global natural catastrophes cost insurers $17 billion during the first quarter of 2024 with economic losses rising above $45 billion, according to Aon’s Q1 Global Catastrophe Recap – April 2024. Q1 natural disaster...
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