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

Russia Declares Emergency as Wildfires Kill 40, Displace Thousands

Russia’s leaders declared a state of emergency on Monday in seven provinces and ordered authorities to guard weapons storage facilities from wildfires that have killed at least 40 people. Thousands more have lost their homes to blazes stoked by Russia’s …

Research Warns Spill Damage to Gulf Homes Could Reach $28 Billion

The British Petroleum, DeepWater Horizon oil spill may result in a loss in home value in Gulf coast communities of $648 million over one year, according to a new report from CoreLogic, a provider of information, analytics and business services. …

$25M Fund to Help Louisiana Businesses Recover from Storms

Louisiana has started a $25 million program to help businesses still trying to recover from the four major hurricanes of recent years. Grants of up to $2.5 million will be available to community-based or nonprofit organizations to deliver loans or …

Grand Jury Weighs Monitor Shutdown at Massey West Virginia Mine

A federal grand jury looking into an explosion that killed 29 workers at a Massey Energy Co. coal mine in West Virginia heard testimony last week about possible illegal tampering with a mine safety monitor, the Wall Street Journal reported …

Threat from BP Oil Disaster Recedes for East Coast, South Florida

South Florida, the Florida Keys and the U.S. East Coast will likely be spared from any contamination from the ruptured BP oil well in the Gulf of Mexico, U.S. government scientists said Friday. Scientists had issued dire warnings that the …

U.S. Regulators Demand Fix for Failed Oil Pipeline in Michigan

U.S. regulators have told Canada’s Enbridge to detail a safety and repair plan for a failed oil pipeline in Michigan after warning in January the company appeared to be in violation of safety standards because it was not monitoring rust …

Sen. Nelson Questions BP Tax Break for Oil Disaster Cleanup Costs

A U.S. senator from Florida called for a congressional inquiry into BP Plc’s plan to use losses from the Gulf of Mexico oil spill to reap $10 billion in tax benefits. Senator Bill Nelson said Wednesday he wants a probe …

Bill to Eliminate Oil Liability Limit Comes Under Fire

Republicans and some moderate Democrats in the U.S. Senate Wednesday began picking apart a new energy bill that they complained goes too far in holding oil companies responsible for accidents like the massive Gulf of Mexico spill. “I think people …

BP: Claims Payments Top $256 Million

BP said it estimates it will pay at least $60 million in advance payments in August to claimants across the Gulf Coast who have lost income or net profit due to the oil disaster in the Gulf of Mexico. BP, …

Many Feared Dead in Pakistan Plane Crash

An Airbus A321 plane with over 150 passengers and crew crashed shortly before its scheduled arrival in Pakistan’s capital Islamabad early this morning. Rescue workers attempting to reach the downed plane were reportedly using helicopters, as the crash site in …