Recent floods are receding for now, but farmers and ranchers in North Dakota and northwestern Minnesota are worried they’re on track to repeat the dismal year of 1997. That was the year spring blizzards and record flooding devastated cattle herds, …
Catastrophe risk modeling firm AIR Worldwide estimates that insured losses from Monday’s magnitude 6.3 earthquake that struck the Abruzzo region of Italy are likely to range between €200 million and €400 million ($264 to $528 million). AIR said the “estimates …
A hurricane insurance bill that would help Florida reduce its multibillion-dollar exposure in the state’s tenuous insurance market moved through a Senate committee Monday — with sparks flying. The Senate Banking and Insurance Committee approved the bill (SB 1950) on …
The earthquake that struck the Italian city of L’Aquila, the regional capital of Abruzzi in central Italy, is now measured at a strong magnitude 6.3 on the Richter scale, according to Risk Management Solutions analysis of the disaster. At least …
Seven Alabama counties will benefit from some $5.8 million in federal money for flood map modernization. Officials say the grant will come from the Federal Emergency Management Agency and be routed through the state’s floodplain mapping program, based at the …
Citing cooler seas and the prospect of a weak El Nino, Colorado State University’s hurricane team lowered its 2009 Atlantic forecast Tuesday to 12 tropical storms, of which six could become hurricanes. The research team, founded by storm forecasting pioneer …
With less than four full weeks left in the 2009 session, Florida lawmakers started moving legislation Friday aimed at reducing a multibillion dollar property insurance risk politicians have laid on consumers and taxpayers. After running through more than a dozen …
A strong earthquake struck near the central Italian town of L’Aquila early this morning, demolishing buildings and infrastructure. The death toll has already reached 50, but local authorities have indicated that many more people are missing and feared dead. Estimates …
More than a dozen homes are underwater in and around Valdosta and several neighborhoods are evacuated as major flooding hits south Georgia after heavy rain this past week. Valdosta officials are building sand bag and gravel barriers around the city’s …
North Dakota’s spring flooding problems have focused new attention on a proposed $44 million state disaster fund that a Fargo lawmaker wants to establish. “Setting the money aside is more critical than it’s ever been right now,” said Rep. Rick …
