Although its peak is still four years away, a new active period of Earth-threatening solar storms will be the weakest since 1928, predicts an international panel of experts. Despite the prediction, Earth is still vulnerable to a severe solar storm, …
Homeowners in the South Carolina counties of Charleston and Beaufort who purchase homeowners policies from AIU Holdings’ Private Client Group can now access the advanced disaster preparedness and post-hurricane resources of Private Client Group’s Hurricane Protection Unit. The unit assists …
Heavy rains caused flash-flooding this past weekend in southern West Virginia, closing many highways, forcing residents from their homes and prompting Gov. Joe Manchin to declare a state of emergency. Manchin’s declaration allows him to direct state resources to Boone, …
Residents of the Midwest began clearing away wreckage May 9 following a wave of powerful storms that splintered homes, knocked out power to thousands and killed six people. Hundreds of homes and businesses were damaged or destroyed May 8 in …
The New Jersey Senate’s Commerce Committee is in the midst of vetting two key bills that would have significant impact on the Garden State’s insurance industry. One bill would create a create a financial backstop for homeowners in the event …
Warren Buffett criticized the government’s stress tests of 19 large U.S. banks, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc. Buffett also told reporters on Sunday that Berkshire, which …
Key provisions of the measure, HB 1495, sent to Gov. Charlie Crist by lawmakers on May 1, as identified by the Florida Banking and Insurance Committee staff include: Citizens Property Insurance Corp. Implements a rate “glide path” capped at 10% …
Customers of the state-backed Citizens Property Insurance Corp. in Florida will be paying 10 percent more for their property insurance by Jan. 1 under a bill headed to Gov. Charlie Crist. The Senate passed the bill (HB 1495) on a …
Gulfport, Mississippi Mayor Brent Warr, the highest-ranking public official charged with Hurricane Katrina fraud, made numerous false statements about the living arrangements of his family and a beachfront home damaged by the 2005 storm, federal prosecutors say. Warr and his …
Officials from three states of the Gulf Coast are meeting this week to discuss preparations for hurricane season. The 2009 Gulf States Hurricane Conference is being held Wednesday through Friday at the Coast Coliseum and Convention Center in Biloxi with …
