Disaster (Flood,Coastal,EQ,W-Fire,etc.) News

Nashville’s Music Industry Getting Back on Track After Flood

In a white clapboard house on a quiet street in Berry Hill, a six-month marathon effort to save dozens of flood-damaged musical instruments remains a daily labor of love with the goal of salvaging Nashville’s best-known industry from near disaster. …

Judge Extends Deadline for Ill 9/11 Responders

A federal judge has given thousands of 9/11 rescue and recovery workers more time to join a legal settlement that would pay millions of dollars to people sickened by dust from the World Trade Center, if enough of them agree …

Mayor: New Orleans’ Disaster Loans Will Be Forgiven

The City of New Orleans has received word that the federal government is forgiving its $240 million in disaster loans received after Hurricanes Katrina and Rita, Mayor Mitch Landrieu said. Storm-ravaged local government agencies across Louisiana – sheriffs, school boards, …

Aon Warns Re/insurers of Heightened Rating Agency Scrutiny in Asia

Aon Benfield announced that it is “advising re/insurers that rating agencies are likely to increase their scrutiny of catastrophe risk in Asia and that many companies will have to make substantial investments to address this.” The bulletin noted that the …

Big Oil Firms Need Top-to-Bottom Safety Reform, Says Commission

Complacency at BP, as well as at Transocean Ltd and Halliburton, led to serious missteps prior to the rig explosion that unleashed millions of barrels of oil into the Gulf of Mexico over the summer, the heads of the White …

BP Says It Has Paid Alabama $657 Million So Far for Disaster Recovery

Oil giant BP says it has paid more than $657 million for grants, claims and recovery costs in Alabama from the oil spill in the Gulf of Mexico. The oil company released updated figures this week on the amounts it …

Sept. 11 Workers Face Deadline for Health Settlement

Thousands of laborers, police officers and firefighters suing New York City over their exposure to toxic World Trade Center dust have until Monday to decide whether to join a legal settlement that could ultimately pay them as much as $815 …

White House Panel: Human Errors, Not Safety Cuts, Behind BP Disaster

The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc and its partners cut corners to save money, mostly …

New Solar Cycle Poses Potential Disruption Threats Warns Lloyd’s

While extreme weather events on earth continue to cause a lot of damage and loss of lives, a “much larger global threat is on the horizon, warns a new study in Lloyd’s 360 series – “Space weather and its impact …

Fear of Volcanic Ash Leads to Flight Cancellations to Jakarta

Just days before President Barack Obama’s long-awaited visit to Indonesia, some international flights were canceled over concerns about a volcano spewing ash hundreds of miles away. Malaysia was preparing to airlift hundreds of citizens out of the country. The notoriously …